The Morgan Dollar is a vintage American coin minted from 1878 to 1904 and again in 1921. Today, they are seldom seen but are cherished by coin collectors and enthusiasts of American history alike. Offered here is a pleasant, mint-state example hand-selected by professional numismatists after screening thousands of coins for quality and eye-appeal. Each coin is housed in an airtight capsule and presented in a luxurious, plush-lined wood box with embossed metallic gold lettering, piano-black finish, and certificate of authenticity. The coin is unconditionally guaranteed to be genuine, dated between 1878 and 1904, and will match the exceptional mint-state quality of the one shown. If you are interested in building a collection, consider adding other great selections from the American Premier Coinage Series to compliment your purchase.
Named after the designer, U.S. Mint Assistant Engraver George T. Morgan, this coin was produced from 1878 to 1904 and again in 1921. The obverse of the coin depicts Liberty as a youthful woman wearing a Phrygian cap, originally worn by emancipated slaves of ancient Rome, together with a headdress of cotton and wheat— staples of the U.S. economy. The reverse features an American bald eagle with outstretched wings, symbolic of the power of the U.S. government. The eagle bears in its great talons both an olive branch and 3 arrows, representing a nation of peace but one that is poised for war. The dollar was authorized by the passage of the Bland-Allison Act in 1878, which required the Treasury to purchase an enormous 2 to 4 million dollars’ worth of silver each month to be coined into dollars. Later, in 1918, the passage of the Pittman Act ultimately led to the melting of over 270 million Morgan dollars held in treasury reserves. Today, the chosen few that remain are cherished specimens of a bygone era that serve to immortalize the memory of a young, prosperous, and powerful United States of America.
Type: Morgan Dollar (1878-1904, 1921)
Designer: George T. Morgan
Weight: 26.73 grams
Diameter: 38.1 mm
Composition: 0.900 silver and 0.100 copper
Net silver weight: 0.77344 oz pure silver
Obverse Design: Liberty with Phrygian Cap and headdress of cotton and wheat / 13 stars
Obverse Inscription: E PLURIBUS UNUM / LIBERTY / DATE
Reverse Design: Eagle with outstretched wings, bearing an olive branch and arrows in talons / Wreath
Reverse Inscription: UNITED STATES OF AMERICA / IN GOD WE TRUST / ONE DOLLAR
4.5 x 4.5 x 2