Morgan dollars were minted from 1878 to 1904 and in 1921. Please check the back of your coin. You have a Peace dollar rather than a Morgan.
Assuming the coin is circulated and has no mintmark, the 1926 Peace dollar is very common. For an accurate assessment of value the coin needs to be seen and graded. Most coins show a lot of wear. In general retail values for low grade coins are $31.00-$33.00, better grade are $34.00-$35.00 and coins showing almost no wear run from $40.00-$44.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.
If you were born in 1926, you will turn 87 in 2013.
A 1926 Mercury dime is common, average value is $3.00-$6.00 depending on the condition of the coin.
MCMXXVI
The 1926 Peace dollar is very common and regardless of any mintmarks in circulated condition values are $24.00-$29.00
The 1926 PEACE dollar is not scarce or rare, assuming it's circulated and has no mintmark, average retail values are $31.00 to $44.00 depending on how much wear the coin has.
1926 is a very common date for Peace dollars. Value is $30.00 to $44.00 depending on condition.
Assuming the coin is circulated and has no mintmark ,your 1926 PEACE DOLLAR is common. Value is $17.00-$29.00 NOTE: No US coin is a Lady Liberty coin.
Assuming the coin is circulated and has no mintmark, the 1926 Peace dollar is a high mintage common date. Retail values are $30.00-$42.00 depending on the grade of the coin.
On a 1926 Peace dollar the mintmark is above the eagles tail not below it. Look at it again and post new question.
The 1926 PEACE dollar is not scarce or rare, assuming it's circulated and has no mintmark, average retail values are $31.00 to $44.00 depending on how much wear the coin has.
Yes, this is normal and all Peace dollars have it. So do Standing Liberty quarters.
The 1926 PEACE dollar is not scarce or rare, assuming it's circulated and has no mintmark, average retail values are $24.00 to $31.00 depending on how much wear the coin has.
Assuming the coin is circulated and has no mintmark, the 1926 Peace dollar is a high mintage common date, retail values are $31.00-$44.00 depending on the grade of the coin.
The 1926 Peace Dollar was minted in three locations: Denver ('D'), San Francisco ('S'), and Philadelphia (no mint mark). The 'S' coin, as its mint state condition improves, carries the highest value. If a Peace dollar has a mint mark, it's located on the reverse side between the word ONE and the eagle's tail feathers.
A 1926 Morgan dollar would be an incredible coin because the last dollars with the Morgan design were made in 1921. All dollars dated 1926 are Peace dollars. See the related question for more information.