Random Year Morgan Silver Dollar MS-63 Silver Coin | United States Mint
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Obtain a piece of history with a Random Year Morgan Silver Dollar in MS-63 condition at the lowest price online today!
The silver dollar was authorized by the Bland-Allison Act. The Morgan Silver Dollar was struck from 1878 to 1904 and again in 1921 at the Philadelphia, San Francisco, Carson City, New Orleans and Denver Mints. Engraver George T. Morgan was chosen to design this dollar, and his design has left its legacy as one of the most collected coins in United States history.
Most reputable numismatic grading organizations use the internationally recognized Sheldon grading scale, which ranges from 1 to 70 to grade coin conditions. The MS-63 (which stands for Mint State with a 63 grade) is one of the highest scores a coin may achieve. It’s alternatively referred to as Choice Uncirculated.
- Ships individually in a protective capsule
- Consisting of 0.7734 oz of 900 Fine Silver
- Obverse: Features a depiction of the of bust of Lady Liberty surrounded by the words "E Pluribus Unum", 13 stars representing the original 13 colonies and the date of issue
- Reverse: Features a depiction of an American Eagle with an olive branch for peace and arrows for strength in its talons, the inscriptions of words "In God We Trust", "United States of America" and the denomination of One Dollar
The Morgan dollar was created in response to the passage of the Bland-Allison Act of 1878. After the five-year depression following the Panic of 1873, so-called "Silverites" proposed a bimetallic standard that would see silver coined into dollars at the former gold/silver ratio of 16:1. The Silverites felt that this act would help to re-inflate the dollar after the Panic of 1873.
George T. Morgan, an assistant engraver at the Philadelphia Mint produced the winning design for the dollar, hence it is referred to by his name. Anna Willess Williams modelled for Morgan as Lady Liberty. He said that her profile was the most perfect he had ever seen.
The Morgan silver dollar was minted from 1878 to 1904, with a one-year return to production in 1921. The Morgan dollars were produced with ninety percent silver and ten percent copper in order to conform with the coinage act of 1837. In 1962 a silver certificate was partially redeemed for an uncirculated Morgan dollar, which set off a firestorm of interest in redeeming silver certificates to the US Treasury. Demand was huge, with some in lines pushing wheelbarrows. Several million uncirculated Morgan and Peace dollars were eventually discovered in vaults and sold off to the public.
The 1921 Morgan dollars required George Morgan to create new master dies as the old dies had been destroyed in 1910. The Morgan dollar was produced for only one year before it was replaced by the Peace dollar.
ABOUT THE UNITED STATES MINT
Established in 1792 as the first national mint in the United States, the United States Mint is a bureau of the Department of the Treasury responsible for official legal tender coinage production. The United States Mint has a mission to serve Americans as the sole manufacturer and distributor of circulating currency coins. The U.S. mint also produces commemorative coins for collectors, silver and gold bullion coins for investors (such as the popular Eagle and Buffalo series), as well as Congressional Medals.
This item is taxable in Canada. This product may come as an assortment or a batch of one single item. You may receive a product not shown on the image but individual weight and purity are guaranteed.
|George T. Morgan (obverse)|
|Left facing profile of Lady Liberty and the words "E Pluribus Unum" and the year|
|Bald eagle with wings spread clutching an olive branch and several arrows and the words "United States of America In God We Trust One Dollar"|
|NGC or PCGS|
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