Coin Collecting Alert: Coin collecting can be both a rewarding hobby and a potential avenue to great wealth, especially when collectors acquire rare and historically significant coins. The U.S. government has issued a Coin Collecting Alert regarding the release of the 2024 Morgan and Peace Dollar Two-Coin Reverse Proof Set, a highly sought-after addition to any collection.
To get your hands on this valuable set, it’s important to understand the unique features and historical significance of these coins, which will ensure that you are receiving an authentic coin from the U.S. Mint. Many new collectors still lack these iconic coins, and the announcement of their release has sparked excitement in the coin-collecting community.
Coin Collectors Alert: The 2024 Morgan and Peace Dollar Release
Coin enthusiasts are eagerly anticipating the November 21, 2024, release of the 2024 Morgan and Peace Dollar Two-Coin Reverse Proof Set, which will be minted at the U.S. Mint’s San Francisco facility. The coins will become available to the public at noon (Eastern Time) on that date for those willing to purchase them at the set price.
Each coin is made of 99.9% pure silver, weighing 0.859 troy ounces, and has a diameter of approximately 1.5 inches. The coins feature reeded edges and a denomination of one dollar. While they may be affordable for some, the value of these coins, especially in higher grades, can be substantial.
Historical Significance of the Morgan and Peace Dollars
The Morgan and Peace Dollars have deep historical roots. The 2024 reissue celebrates these coins, which have become symbols of different periods in U.S. history.
- The Peace Dollar represents the United States’ emergence as a global power following World War I, symbolizing peace and international influence during a time of significant change.
- The Morgan Dollar reflects the period of westward expansion and industrialization in the late 19th century, embodying the pioneering spirit and economic growth of the nation.
For collectors looking for value, a graded MS67 Morgan Dollar has been valued at over $55,000. However, the 2024 U.S. Mint Two-Coin Reverse Proof Set offers a more affordable option, priced at $215, making it accessible to a broader range of collectors.
Design Details of the 2024 Morgan and Peace Dollars
Both coins feature intricate and modernized designs, with historical elements that add to their appeal:
- Morgan Dollar Obverse: The 2024 Morgan Dollar features a profile of Liberty, crowned with flora, flanked by 13 stars, and inscribed with “LIBERTY,” “E PLURIBUS UNUM,” and the year “2024.”
- Peace Dollar Obverse: The Peace Dollar features Liberty’s profile, with enhanced details around her eyes, lips, and hair, making it a more refined and modern interpretation of the original 1935 design.
On the reverse side:
- Morgan Dollar Reverse: The eagle is depicted with finer feather detailing, along with an olive branch, arrows, and a wreath, all enhanced with deeper relief and more texture.
- Peace Dollar Reverse: The eagle is slightly re-imagined for a more realistic appearance, with improved feather detailing and a radiant sun rising behind it, adding a picturesque quality to the design.
Where to Buy the 2024 Morgan and Peace Dollars
Both of these historically significant and artistically crafted coins can be purchased directly from the official U.S. Mint website. They have garnered global acclaim, particularly among numismatic enthusiasts, for their rich history and intricate designs. Whether you’re a seasoned collector or just starting out, these coins are a must-have for any collection.