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Morgan Dollar
The Morgan Dollar is a silver United States dollar coin. The dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan’s monogram appears near Lady Liberty’s neck on the obverse. The Morgan Dollar was authorized by the Bland-Allison Act of 1878. It has a fineness of .900, giving a total silver content of 0.77344 troy ounces (24.057 grams) per coin.
History
The Comstock Lode, the greatest silver strike in history, was discovered in Nevada in the late 1850s. The strike put downward pressure on silver prices worldwide. The greatest silver strike in history was followed by the greatest coinage boondoggle in history. In 1878, to protect the interest of the western states, Congress passed the Bland-Allison Act which required the Treasury Department to purchase large amounts of silver, and to strike it as coins. For reasons of economy, the Treasury chose to strike the silver as dollars. The mintage was far more than was needed in circulation. These excess silver dollars quickly began piling up. Some original mint bags of Morgan Dollar remained in treasury vaults until the 1960s. This strange past has led to one of the greatest collectible series in American coins providing collectors with many dates and mint marks readily obtainable in mint state condition along with challenging rarities.
When the dollar was minted in 1878, it was the first dollar issued for American commercial use since the last Seated Liberty Dollar of 1873. The Trade Dollar was minted during this time period but was for trade in the orient. The dollar was continuously minted until 1904 when the supply of dollars in circulation was high and there was an absence of silver bullion. Then in 1918, the Pittman Act called for over 270 million coins to be melted for silver content. In 1921, the coinage of the Morgan Dollar resumed for that year and was replaced by the Peace Dollar commemorative that would become standard issue. Since 1921, many Morgan Dollar have been melted, mostly when silver prices escalate and they yield silver bullion.
Caches of Morgan Dollar produced at the Carson City Mint were discovered and were sold to coin collectors by the federal government in the early 1970s. These dollars were uncirculated and are called GSAs (named after the General Services Administration) and come in holds that mimic the holds used for proof silver Eisenhower dollars.
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1878 S-Mint Uncirculated Morgan Silver Dollar
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2008 .999 uncirculated eagle silver dollar $35.00 |
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2001 BUFFALO COMMEMORATIVE SILVER DOLLAR,NGC MS69, UNCIRCULATED “NEARFECT” $175.00 |
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★ 1885 Morgan Silver Dollar GEM BU – RAINBOW Toned Uncirculated BU Coin! ★ $195.00 |
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5 Consecutive Crisp Uncirculated $2 Two Dollar Bills $10.49 |
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Uncirculated 1976S Gem Proof Eisenhower Dollar Deep Cameo Super Luster!! $5.88 |
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Silver 1985 States Silver Ten Dollar Coin in Uncirculated Condition $24.66 |
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5 Consecutive Australian 1 Dollar Notes Uncirculated $34.52 |
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5 Consecutive Australian 1 Dollar Notes Uncirculated $34.52 |
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Consec Run of 10 Uncirculated 2 Dollar Notes 1988 Nice $77.93 |
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Y 2002 R.A.M. Commonwealth Games Three Five Dollar Uncirculated Coin Set $44.39 |
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5 Consecutive Crisp Uncirculated $2 Two Dollar Bills $10.99 |
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1988 Santa Claus U.S. Dollar Crisp Uncirculated Bill $4.99 |
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2 x 2007 $1 APEC security roll Australia uncirculated coins unc dollar Sydney $25.65 |
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1999-2008 P Complete UNC State Quarter 50-Coin Set $25.00 This is a full set of all 50 uncirculated state quarters. Each of these quarters are from the Philadelphia Mint. This set of coins will be shipped to you in sealed quarter tubes. No more searching around, trying to piece together a complete set. In this one deal you get them all…. |
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2010 D Mint Sacagawea Native American Golden Dollar Uncirculated Coin $0.01 New, Uncirculated 2010 D Sacagawea Native American Dollar Coin. You will receive one uncirculated dollar from Denver Mint. This coin is brilliant and uncirculated. It is mounted in a 2X2 cardboard mylar holder. Not proof coin. Uncirculated coins may vary to some degree because of blemishes, toning or slight imperfections.Bonus: If you make more than one purchase in the same order you will receive … |
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25 Different World Foreign Banknotes,Uncirculated with List $4.75 Great collection of 25 different world banknotes. There are no duplicates and all are in crisp uncirculated condition. Notes come a clear protective sleeve. Countries may include: Egypt, Nicaragua, Croatia, China, Burundi, Mongolia, Belarus, Vietnam, Indonesia, and more. We put these sets together and selection can vary but we strive to give you a good selection of notes from around the world…. |
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12 WE BUY COINS VERTICAL DECAL sticker silver gold sell rare cash bullion diamonds $9.99 This 4.5″ x 12″ decal is printed on premium grade exterior vinyl perfect for outdoor use for 5+ years or will look great inside. All decals are supplied with application film for easy installation. These will stick to any smooth surface – aluminum, glass, stainless steel, wood or plexiglas. All sizes are approx. You can’t go wrong with a SignMission decal!… |
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24 WE BUY COINS VERTICAL DECAL sticker silver gold sell rare cash bullion diamonds $14.99 This 9″ x 24″ decal is printed on premium grade exterior vinyl perfect for outdoor use for 5+ years or will look great inside. All decals are supplied with application film for easy installation. These will stick to any smooth surface – aluminum, glass, stainless steel, wood or plexiglas. All sizes are approx. You can’t go wrong with a SignMission decal!… |
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James A Garfield Presidential Golden $ Dollar Uncirculated Coin 2011 P Mint $0.99 … |
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The accugrade system: A comprehensive guide to Eisenhower dollars in accugrade uncirculated, prooflikes and proofs … |
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2009 – D MINT JOHN TYLER PRESIDENTIAL DOLLAR COIN UNC!! $0.01 D Mint, Unc condition. One coin for each lot…. |
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1976 United States Bicentennial Silver Uncirculated Red Pack Set $19.50 3-coin set: quarter, half-dollar & dollar… |