1889 Morgan Dollar BU Uncirculated Mint State 90% Silver $1 US Coin Collectible price checker price checker Description
- DETAILS: 1889 Morgan Silver Dollar. Contains 90% Silver
- CONDITION: BU Uncirculated Mint State
- IMAGES: The images used for this listing are stock photos from our inventory. Your purchase is guaranteed to match the quality of the product shown.
- COLLECTOR’S NOTE: Morgan Silver Dollars were minted in the United States from 1878 to 1904, and again in 1921. Named after the designer, George T. Morgan, these coins feature Lady Liberty on the obverse and an eagle with outstretched wings on the reverse. Many were minted in various locations, such as Carson City (CC), New Orleans (O), San Francisco (S), and Philadelphia (no mint mark). Today, Morgan Dollars are popular among collectors due to their historical significance and artistic appeal.
- ABOUT PROFILE COINS & COLLECTIBLES: Selling collectible coins and currency online for more than a decade, we are the dealer of choice for new and experienced collectors. Our ever-changing inventory ranges from coins such as Morgan & Peace Dollars, Liberty Walking & Franklin Half Dollars, Standing Liberty & Washington Quarters to modern sets, including proof sets, mint sets, & commemorative sets. All of our coins and currency are guaranteed genuine. Customer satisfaction is our top priority.
$76
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Descripción del producto
History of the Morgan Dollar
Being one of the most popular collectible U.S. coins, the Morgan silver dollar has earned the title “The King of America’s Coins”. These 90% silver Morgan dollars played a major role in the westward development of the United States, making it of great historical significance.
In 1859, the first deposit of silver ore in the United States, the Comstock Lode, was discovered. In 1878, the Bland-Allison Act restored silver as legal tender, and required that, each month, the government would purchase 2 to 4 million dollars’ worth of silver to be minted into dollar coins. This was the origin of silver Morgan dollars.
The Morgan dollar continued to be minted until 1904, when the silver reserves had been depleted. Once the Pittman Act was passed in 1978, millions of Morgan silver dollars were melted down and recoined to replenish the governments’ reserves of silver bullion. Morgan dollars were minted for the last time in 1921, until they were replaced by Peace dollars later in the year.
Design of the Morgan Dollar
Designed by George T. Morgan, the obverse of the Morgan dollar bears a classic depiction of Liberty facing left in a Phrygian cap and a spray of leaves held by a ribbon inscribed liberty. Minor changes to the reverse created three varieties each showing an eagle clutching a branch and three arrows. When a mint mark is present, its location is on the reverse below the wreath.
Specification: 1889 Morgan Dollar BU Uncirculated Mint State 90% Silver $1 US Coin Collectible price checker price checker Description
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