Gorgeous 1896 Morgan Silver Dollar In AU Condition From The Famous Philadelphia Mint!
Morgan silver dollars are U.S. coins, which were minted from 1878 to 1904, with an additional minting in 1921. The reason for the stoppage in 1904 was that the supply of dollars in circulation was high, but there was an absence of silver bullion. The Pittman Act in 1918 called for over 270 million coins to be melted for their 90% silver content. After the last minting year of 1921, the Morgan Silver Dollar was replaced with the Peace Dollar commemorative that would become standard issue. These dazzling “cartwheels” got their name from George T. Morgan, their designer. Morgan’s initials appear near the lovely Lady Liberty’s neck on the obverse of the coin. Five United States Mints struck Morgan dollars, but the main mint in Philadelphia prepared the obverse and reverse dies.
The stunning 1896-P Morgan Silver Dollar shown here was struck at the Philadelphia Mint and is in Almost Uncirculated condition. You may see coins that were minted at Philadelphia referred to as 1896-P, for example, but in actuality, Morgans from this Mint have no mint mark. The total mintage for circulation for the Philadelphia Mint in 1896 was 9,976,000. It does boggle the mind that one Mint produced all those Morgans, but you must take into account that so many were melted down. Plus, you can’t ignore the fabulous condition of this Morgan dollar. This 1896 Morgan silver dollar has a brilliant luster and the detailing of Lady Liberty and the bald eagle on the reverse remains strong and well-defined. The rims of this silver dollar are still full. The age, quality and beauty of this 1896 Morgan silver dollar make it a worthwhile purchase and an asset to any collection!
To Coin A Phrase…Of The Morgan Dollars For Sale, This 1900 Silver Dollar Is Purely Dazzling!
Talk about a real Cinderella story! It wasn’t until the 1960’s that the Morgan silver dollar, which prior to this date, was mostly ignored by the public, gradually became one of the most coveted and sought after of all the United States coins. In the autumn of 1962, there was a world-wide increase in the price of silver and a good many silver certificates were redeemed for Morgan dollars and the demand for them was very intense. Dealers, collectors and investors alike were scooping up all the Morgan dollars for sale that they were able. By March of 1964, the vaults of the Treasury were all but exhausted, with the exception of only 2.9 million Morgans, primarily exhibiting the scarce Carson City mint mark. These coins were sold by the General Services Administration, in a series of mail-bid sales from 1972 until 1980, making a large profit.
The year is 1900, with such exciting events such as: the United States and the United Kingdom signed a treaty for the Panama Canal, the first electric bus became operational in New York City and Hawaii officially became a U.S. territory. Also at that time, most Americans would rather use paper currency in place of those large, heavy silver Morgan dollars, which meant that many of these coins landed right in the Treasury Department’s vaults.
The 1900 silver dollar being offered today was struck at the Philadelphia Mint, which is the main mint that prepared the obverse and the reverse dies. Coins struck at the Philadelphia Mint do not actually have a mint mark, thus, when used, the “P” is for identification purposes only, in order to differentiate between the other Mints. This lustrous Morgan silver dollar has been graded as a Mint State 64, Gem Brilliant Uncirculated condition, by a third-party grading service and is an absolutely beautiful example of the Morgan dollars for sale. This turn of the century Morgan was struck in .900 pure silver, with an impressive diameter of 38.1. Exceptional in design and steeped in historical significance, this outstanding 1900-P Morgan silver dollar would not only be a wise investment, but also an asset to any collection!
The 1878 Seven Over Eight Tail Feather Morgan Silver Dollar: A Prize for Any Collection!
Since the cessation in production of the Seated Liberty Dollar in 1873, due to the Mint Act, the spectacular Morgan Silver Dollars, minted in 1878, were the first dollars issued for American commercial use. The Trade Dollar was minted during this time, but was earmarked solely for trade in the Orient. Morgan Dollars were struck from 1878 through 1904 and then debuted one last time in 1921. Five United States Mints produced Morgans from 1878-1921: Philadelphia, San Francisco, Carson City, New Orleans and Denver. These striking Morgan Silver Dollars were so named after their designer, George T. Morgan, the assistant engraver at the Philadelphia Mint.
Anna Willess Williams, an art student and schoolteacher, was the model for Miss Liberty on the obverse of the coin. Morgan later said that she had an almost perfect profile. The American Bald Eagle, on the reverse of the Morgan Dollar, was a matter of contention, however. On all previous United States coins, the eagle had an uneven number of tail feathers, but George Morgan’s eagle had eight! Due to heavy insistence from the public, the United States Mint made the decision to change the number of tail feathers from eight to seven.
First & Last Morgan Silver Dollars
The 1921 Morgan silver dollar is the only Morgan dollar to ever be minted at a Denver Mint, but also the first silver dollar ever to be minted there, giving it exceptional significance. Since no Morgan dollars were struck after 1904 until its one-year re-occurrence in 1921, and the Denver Mint just became operational in 1906; the 1921 silver dollar is the only “D” mint mark coin in the Morgan dollar series.
Being the first and last release of this superb coin, gives it great distinction and importance. Collectors love the Lady Liberty design on the obverse of the coin and the large eagle with outstretched wings on the reverse, designed by George T. Morgan. His initial “M” is along the truncation of Miss Liberty’s neck. Each coin weighs 26.73 grams, containing .900 pure silver, and is encapsulated and certified by either NGC or PCGS authenticating services. This unusual, historical coin is a must-have for your collection! Get them from GovMint.com!
Stunning Morgan Silver Dollar Set From Five U.S. Mints!
Although there are several United States coin series that can make the claim that they are the most popular with American collectors, the steady favorite in the latter decades has been the Morgan silver dollars. These dollars were minted from 1878 to 1904 and then again in 1921 at five U.S. mints, including Philadelphia (no mint mark), New Orleans, San Francisco, Carson City and Denver. These hefty, 90 percent silver Morgan dollar coins contain almost an ounce of the precious metal and are in Brilliant Uncirculated condition.
The Morgan dollar coins, so aptly named after their designer, George T. Morgan, feature on the obverse a profile of Lady Liberty wearing a slave’s cap, which is an ancient symbol for freedom. The reverse of the coins show an American bald eagle poised in flight, clutching in its talons the arrows of war and the olive branch of peace. Your magnificent set will include a lustrous coin from each of the five U.S. mints, including the hard-to-find Carson City Mint, and will be contained in a handsome presentation case. A Certificate of Authenticity and even a Morgan Silver Dollar history book are enclosed. This wonderful Morgan silver dollar set represents the Old West and the lore that goes with mining towns, stagecoach delivery and the endeavor to define America. Grab these Morgan silver dollars now from GovMint.com!
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