An older coin with no mint mark means it was minted at the Philadelphia mint. Some advice : Don't touch your coins with bare fingers or palms, it will leave oils from your skin on them and could cause permanent fingerprint marks which will hurt the value. Use cotton gloves or hold them only by the rim. What I'm reading from Cointrackers.com says it's quite valuable. Are you sure this coin is genuine? Where did you get it? Can you post better pix of both sides? Here's the link I checked. This is just one source. Check more. 1894-morgan-silver-dollar One of our resident Morgan experts will find this thread soon and have more and better information. @lordmarcovan LM, who is good with these?
Unfortunately it's a counterfeit. From what I can see from this image the date position is wrong and the base of the E . P is wrong. Sorry to be bearer of bad news....
I wondered about it right off because of the color. A coin in that good of a condition should have some luster, yet it doesn't. Instead, it's that smoky, gray color, which to me, almost always says fake. The oriental fakes can have that smoky, grayness. The Fatmans, the Junk dollars, the One Taels and One Yens, the French Piasters. I don't like or trust, any of those that have that color.
Sadly, not me. I'm no Morganite, though I dabbled with them a little recently before moving on to other things. I can usually spot a Chinese counterfeit because of the lettering being slightly "off". This one, I don't know, based on the one obverse picture. Like the rest of you, I'd rather see the other side.
Here's a link to the VAMworld listing for the only business strike die pairing. Notice the position of the 1. Your coin does not match this position and actually does not match any of the proof date positions either. http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/1894-P_VAM-3
I called because I figured since you know almost everyone here, you would know who would know best about Morgans. Hence, the "LM, who is good with these?" question. Looks like we've had some help respond. Now, if we could just get the OP to respond.
1894 is a better date in the Morgan Dollar series. Why? The Sherman Silver Purchase Act of 1890 was a disaster. Silver producers were able to sell their product to the government for paper money that could be redeemed in either gold or silver. The silver producers loved silver and could tell you all about how great it was, but their mothers did not raise fools. When they had a chance to convert their silver to gold, they went for it. That caused a run on the governemnt's stock of gold which threatened the nation's monetary system which was actually based on the Gold Standard. The Federal Government was placed in the position where it could not back its currency. That resulted in emergincy legislation that recinded the Silver Purchase Act, which curtailed the coinage of silver dollars. That resulted in better date coins from 1893 until 1895.
