The Morgan Silver Dollar
In response to the Bland-Allison Act of 1878, the U.S. Mint produced millions of silver dollars from 1878-1904. While many of these coins went into circulation and were used in every day commerce, a majority of these silver dollar coins were minted and stored in bags in vaults for many years, where many were melted to produce other coins. What remained ended up in the hands of collectors.
Morgan Silver Dollar design
The Morgan Silver Dollar was conceived at a point in history when the government mandated that millions of coins be minted (Bland-Allison Act of 1878) so the design had to be timeless, simple, and strong. George T. Morgan, a die-sinker from England, was hired by the U.S. Mint to carry out the design for the new coin.
The obverse design of the Morgan Silver Dollar employs Lady Liberty as the main theme, with the cap of Liberty upon her head. Tucked into a plain ribbon-like tiara displaying the word "LIBERTY" are bits of wheat and cotton, symbolic gestures of agriculture and its success in the nation. Around the edge of the design are thirteen stars, one for each original colony, bisected by the motto "E Pluribus Unum." The year-date shows at the bottom of the design underneath the truncated bust of Liberty.
The reverse design of the Morgan Silver Dollar shows an Eagle, which by law was the required theme of all U.S. coins above ten cents in denomination (Coinage Act of 1792). The eagle stands tall with wings out-spread, clutching a bundle of arrows. The eagle and arrows are surrounded by a laurel wreath tied together at the bottom. Outside the wreath are the name of the country and the denomination displayed as "ONE DOLLAR" - separated by six-sided stars. Level above the eagle is the motto "In God We Trust" in old-English style block letters. The mint mark, if there is one (no mint mark was used for Philadelphia minted coins), is centered beneath the bow tying the wreath and above the "DO" of "DOLLAR."
NGC MS64 Graded Morgan Silver Dollars
This coin was graded MS64 by the Numismatic Guaranty Corporation (NGC). This means you are receiving a coin that was inspected and deemed genuine by professional coin graders and that the coin exhibits nice, original luster and a limited number of contact marks. It has overall attractive eye appeal, and is an above average coin for the issue.-
|Year of Issue:||1878|
|Weight in Grams:||26.73 g|