Name: U.S. Silver Coin
Weight: 0.858 troy oz.
Silver Content: .7734 troy oz.
The Morgan Silver Dollar is a historic and highly collectible silver coin with a captivating backstory and a design that embodies the United States' national identity and artistic prowess. First minted from 1878 to 1904, and again in 1921, the Morgan Silver Dollar was named after its designer, George T. Morgan. The coin was introduced as part of the Bland-Allison Act, which required the U.S. Treasury to purchase large amounts of silver to be minted into silver dollars as a response to the demonetization of silver by the Coinage Act of 1873.
The design of the Morgan Silver Dollar is a tribute to the United States' spirit of freedom and ambition. The obverse of the coin features a portrait of Lady Liberty, representing the nation's ideals of liberty and opportunity. The reverse showcases a heraldic eagle with outstretched wings, a symbol of strength, unity, and pride.
The 90% Morgan Silver Dollar Coin is unique for several reasons:
Purity: The Morgan Silver Dollar is minted in 90% silver and 10% copper, with a total silver content of 0.7734 troy ounces. This composition makes the coin an appealing option for collectors and investors seeking silver bullion with historic value and a connection to America's past.
Significance: The Morgan Silver Dollar was minted during a critical period in U.S. history, when the country was grappling with the economic and social consequences of the Coinage Act of 1873. The coin's issuance was a direct response to the resulting "silver crisis" and the subsequent push for the re-monetization of silver.
Design: The Morgan Silver Dollar features the exquisite artwork of George T. Morgan, which has been widely admired for its beauty and symbolism. The portrayal of Lady Liberty and the heraldic eagle not only captures the essence of American identity but also exemplifies the skill and artistry of the United States Mint.
Collectors: The Morgan Silver Dollar has a strong following among numismatists due to its historic significance, iconic design, and various mint marks and production years. Collectors often seek coins with specific mint marks or in exceptional condition, adding an element of excitement and desirability to the pursuit.
Legacy: The Morgan Silver Dollar's enduring popularity led to the revival of the silver dollar in the form of the Peace Dollar in 1921 and, later, the American Silver Eagle in 1986. The coin's legacy continues to inspire modern silver coinage and serves as a testament to the United States' rich numismatic history.