One of the most popular coins among collectors in the United States is the Morgan Silver Dollar. The coin is one of the most iconic ever minted by the US Mint system, and to this day collectors seek out this coin to add to their collections. Each coin has been minted with 90% pure silver and contains a total of .7734 troy ounces.
- Individual coins ship in plastic flips, multiples of 10 – 20 ship in tubes
- GEORGE T. MORGAN DESIGNED THE SILVER DOLLAR THAT BEARS HIS NAME!
- BU condition.
- Issued a face value of $1 (USD) by the United States government.
- The obverse features Lady Liberty in left-profile relief.
- The reverse bears the American bald eagle design.
Morgan Silver Dollars were minted as a result of various acts passed by the US Congress. The coin was the first silver dollar minted in the US following the end of production for the Seated Liberty Dollar, which was ended because of the Coinage Act of 1873. The Bland-Allison Act required the US Treasury to purchase anywhere between two and four million dollars in silver each month, which was to be minted into coins.
The Morgan Silver Dollar is named for the Assistant Engraver at the US Mint in 1878, George T. Morgan. His profile portrait of Lady Liberty is featured on one side of the coin, while the image of a bald eagle is featured on the opposite side. Morgan Silver Dollars were produced from 1878 until 1904, when silver stores purchased for the minting of the coins were depleted. A special, one-year minting also took place in 1921.
Morgans design for Lady Liberty featured a left-profile portrait of Liberty on the obverse side of the coin, with the phrase E Pluribus Unum engraved over her head and the year of minting engraved below. On the reverse side of the coin, the bald eagle is featured with its wings outstretched, and its talons clasping an olive branch and arrows. The phrase the United States of America is stamped above the image, with the phrase One Dollar stamped below.
The US Mint system consists of facilities spread out across the country. At the time of minting for Morgan Silver Dollars, the coins were produced at various facilities, including the Philadelphia, Carson City, San Francisco, New Orleans, and Denver Mints. These particular Morgan Silver Dollar coins are available in Brilliant, Uncirculated condition.