Why purchase this New Orleans struck 1884 Morgan Silver Dollar?
The Morgan Dollar was created by U.S. Mint assistant engraver George T. Morgan as a response to the discovery of the Comstock Lode in 1859. In 1878, with the passage of the Bland-Allison Act, the U.S. Government was required to purchase between two and four million ounces of silver every month, exclusively for the production of silver dollars. The Morgan Dollar was minted from 1878 until 1921, though not consecutively. This Morgan Dollar was struck at the New Orleans Mint from 0.7734 Troy oz. of .900 fine silver, with a final reported mintage of 9,730,000.
Stunning Patriotic Imagery
Adorned with a "LIBERTY" crown and a Phrygian cap symbolizing freedom, Lady Liberty appears on the obverse, accompanied by the inscriptions "E PLURIBUS UNUM" and "1884."
An eagle with three arrows and an olive branch in its grip is featured on the reverse, with the "O" New Orleans Mint mark, "UNITED STATES OF AMERICA," "IN GOD WE TRUST" and "ONE DOLLAR."
Mint State 64+ by NGC
Numismatic Guaranty Corporation (NGC) has graded this beautiful example of a Morgan Silver Dollar struck in New Orleans 1884 a Mint State 64, meaning that the coin exhibits a few scuff marks, average luster and an even strike. The impressive coin has also been awarded the designation "plus," indicating that the quality of the coin falls within the high end of its grade for its extraordinary eye appeal.
This superbly graded Mint State Morgan Silver Dollar belongs in your collection now!
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