Most of the key rarities in the Morgan silver dollar series are from the 1890s, when mintages plummeted after the repeal of the Silver Purchase Act in 1893. Even when Morgan mintages began to rise again late in that decade, they remained relatively low compared to earlier production numbers. Today the 1896 Philadelphia Mint Morgan issue stands out as one of the best buys from the rare decade. The 1893-1895 BUs generally cost thousands of dollars, but the 1896 Philadelphia (no mintmark) is easily affordable.
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