The 1964 Morgan Dollar is one of the most famous coins in U.S. history. Known for its design and history, this coin has attracted attention from collectors and enthusiasts for years. One of the most interesting parts of this coin’s history is the 1964 Morgan Dollar hubs, which play a big role in its design. In this article, we will explore what these hubs are, why they are important, and how they help create the 1964 Morgan Dollar coin.
What Are the 1964 Morgan Dollar Hubs?
Hubs are special tools used by the U.S. Mint to create coins. They are like molds that are used to strike the designs into the metal. The 1964 Morgan Dollar hubs were designed to be used in the coin production process, but they became a part of an interesting story. The original design for the Morgan Dollar was used from 1878 until 1904. In 1964, the U.S. Mint planned to bring back this design for the 90th anniversary of the coin’s creation.
Why Are These Hubs Important?
The 1964 Morgan Dollar hubs are important because they were used to create the coins that were struck in that year. While the coins were not officially released to the public, they are still highly valued today because of their connection to the past. These hubs were not used for long, making the coins made from them rare and significant.
In fact, a limited number of test strikes were made using these hubs, but the coins were never circulated. Instead, they were stored and eventually became collector’s items. The 1964 Morgan Dollar hubs are seen as a unique piece of history, as they represent a brief return to a design that was beloved by many.
| Topic | Details |
|---|---|
| What are the 1964 Morgan Dollar hubs? | Special tools used by the U.S. Mint to create the design for the Morgan Dollar coin. Test strikes were made using these hubs in 1964. |
| Why were the 1964 Morgan Dollar hubs created? | The U.S. Mint created the hubs to bring back the original Morgan Dollar design for its 90th anniversary, but the coin’s production was canceled. |
| What is the significance of the 1964 Morgan Dollar hubs in American coinage? | The hubs represent an attempt to revive a popular coin design. Although the coin was never officially produced, the hubs are now important in U.S. Mint history. |
| Are any coins from the 1964 Morgan Dollar hubs still in circulation? | No, the coins struck with these hubs were only used for test strikes and were never released into circulation. |
| Why were the 1964 Morgan Dollar coins not released? | The production of the 1964 Morgan Dollar was canceled due to changes in coin design priorities and other Mint projects. |
| How do the 1964 Morgan Dollar hubs affect coin collectors today? | Test strikes from the 1964 Morgan Dollar hubs are highly sought after by collectors, making them valuable and a key part of U.S. coin history. |
| Where can I find a 1964 Morgan Dollar test strike? | These test strikes can be found at auctions, coin shows, or rare coin dealers, though they are typically expensive due to their rarity. |
| Why are 1964 Morgan Dollar test strikes so valuable? | The value comes from their rarity and the historical significance of the coin’s production being halted after only a few test strikes. |
The Design of the 1964 Morgan Dollar
The design of the Morgan Dollar, created by artist George T. Morgan, features the profile of Liberty on the front and an eagle on the reverse. These features have made the coin famous over the years. The return to this design in 1964 was planned as part of a special commemorative series, but the project was canceled after only a few test strikes.
The 1964 Morgan Dollar was meant to be part of a larger set of coins, but it was stopped after a brief period of production. The hubs used for this design were never used for any coins in regular circulation. However, the test strikes made from these hubs are still highly prized by collectors.
The Cancellation of the 1964 Morgan Dollar
The 1964 Morgan Dollar was part of a larger plan to mint new coins for the U.S. Mint. However, the coin’s production was canceled after a brief period. There were many factors that led to this decision, including changes in the economy and a shift in coin design preferences.
Despite the cancellation, the 1964 Morgan Dollar remains a part of U.S. Mint history. The test strikes made using the hubs are still sought after by collectors, and the hubs themselves are now considered rare artifacts from a time when the U.S. Mint almost brought back a beloved design.
FAQs
What are the 1964 Morgan Dollar hubs?
The 1964 Morgan Dollar hubs are special tools used by the U.S. Mint to create the design for the Morgan Dollar coin. These hubs were used to produce test strikes of the Morgan Dollar design in 1964, though the coin was never officially released for circulation.
Why were the 1964 Morgan Dollar hubs created?
The 1964 Morgan Dollar hubs were created as part of a plan to bring back the original Morgan Dollar design in honor of the coin’s 90th anniversary. The U.S. Mint briefly used these hubs for test strikes but ultimately canceled the coin’s production.
What is the significance of the 1964 Morgan Dollar hubs in American coinage?
The 1964 Morgan Dollar hubs are significant because they represent a moment when the U.S. Mint almost brought back a beloved coin design. Although the coin was not released, the hubs and the test strikes made from them remain important pieces of U.S. Mint history.
Are any coins from the 1964 Morgan Dollar hubs still in circulation?
No, the 1964 Morgan Dollar coins struck using these hubs were never released into circulation. Only a few test strikes were made, and these rare coins are now highly valued by collectors.
Why were the 1964 Morgan Dollar coins not released?
The 1964 Morgan Dollar coin was canceled due to various factors, including changes in coin design preferences and the U.S. Mint’s decision to shift focus to other coinage projects. This meant that the test strikes were the only coins produced using the 1964 Morgan Dollar hubs.
The 1964 Morgan Dollar hubs are an important part of U.S. Mint history. Though the coin itself was never released into circulation, the hubs used to create it play a significant role in understanding the process behind the creation of this famous coin. Collectors still value the test strikes made from these hubs, and they remain a unique piece of the history of U.S. coinage. Understanding the story of the 1964 Morgan Dollar hubs helps us appreciate not only the coin itself but also the history and decisions that shaped U.S. coin production.
