Silver Morgan Dollar MS64
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Silver Morgan Dollar MS64
The Silver Morgan Dollar is one of the most collected silver coins in our history. Created to absorb the massive quantity of silver minted from the Comstock Lode the Morgan Dollar was designed by George T. Morgan in 1878.
Appearance
The head of Lady Liberty takes up most of the obverse of this silver coin. She is encircled by the date of issue, thirteen stars, and the words, E PLURIBUS UNUM. This phrase, which translates to Out of many, one, was first chosen for official United States use in 1776.
The reverse features a bald eagle with wings spread perched upon a branch and arrows. The eagle is partially surrounded by a wreath. Above his head sits the motto In God We Trust. Around the rim are the words UNITED STATES OF AMERICA separated by a star on either side from ONE DOLLAR. Morgan, who studied under the direction of instructors from the Royal Mint in London, placed an Mon both sides of the coin to lay his claim to the design.
Value & Demand
The largest and heaviest silver coin since the Civil War, the Silver Morgan Dollar contains a hefty 0.77344 ounces of pure silver. It was minted continuously from 1878 to 1904 when the government exhausted its supply of silver bullion. Congress would pass the Pittman Act in 1918, recalling over 270 million silver dollars for melting and the Morgan Dollar would be minted one last year in 1921 before being replaced by the Peace Silver Dollar.
* Pictures are an indication only, price of coins are applicable for dates of our choice
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MARKET ROUNDUP
- Gold
- Silver
- Platinum
- ASK
- 1166.35
- 15.91
- 1121.50
- CHG
- -0.88
- -0.02
- +5.00
