Description
After 1873, there was a short hiatus from U.S. dollar production. But in 1878, the Mint began to again strike silver dollars under the orders of the Bland-Allison Act. The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar. It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver).
The dollar was authorized by the Bland–Allison Act. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin. Instead, the Bland–Allison Act was passed, which required the Treasury to purchase between two and four million dollars’ worth of silver at market value to be coined into dollars each month.
The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched.
This coin comes in a good+ condition and has a face value of $1.
Obverse Inscriptions: The Latin Phrase “E Pluribus Unum” is written above the Morgan design, with the date below
Reverse Inscription: “In God We Trust” and “United States of America”
Specifications
Purity 0.9
Weight: 0.7734 troy oz
Mint/Brand: U.S. Mint
Grade: Good+
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