Why purchase this 1900 Silver Morgan Dollar struck at the Philadelphia Mint?
Introduced for general circulation by the U.S. Mint in 1878, the Morgan Silver Dollar replaced the Seated Liberty Dollar, production of which had ceased five years earlier in 1873. Creation of the Morgan Dollar can be attributed directly to the passage of the Bland-Allison Act in 1878, which required the U.S. government to purchase 2-4 million ounces of silver each month, dedicated to the production of silver dollar coinage. This Morgan Dollar was minted in 1900 at the Philadelphia Mint, struck from 0.7734 Troy oz. of .900 fine silver, its mintage reported to be 8,830,000.
Silver Dollar Design by George T. Morgan
The image of Lady Liberty wearing a "LIBERTY" crown adorns the obverse, framed by "E PLURIBUS UNUM," "1900" and thirteen six-pointed stars.
The inscriptions "UNITED STATES OF AMERICA," "IN GOD WE TRUST" and "ONE DOLLAR" accompany the depiction of a heraldic eagle holding an olive branch and three arrows on the reverse. The lack of a Mint mark is indicative of the coin's origin at the Philadelphia Mint.
Beautiful Mint State 65
Numismatic Guaranty Corporation (NGC) graded this stunning 1900 Silver Morgan Dollar to be an impressive Mint State 65. Expect the coin to possess excellent eye appeal and an even strike with above average luster; some minor hairlines, marks and/or slightly scuffed areas will be evident.
Make this magnificent turn of the century release from the Philadelphia Mint the next addition to your collection of Silver Morgan Dollars!
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