1887 MORGAN SILVER DOLLAR - GRADES \"BRILLIANT UNCIRCULATED\"


1887 MORGAN SILVER DOLLAR - GRADES \

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.


Buy Now

1887 MORGAN SILVER DOLLAR - GRADES \"BRILLIANT UNCIRCULATED\":
$33.02


You are offerding on a Brilliant Uncirculated 1887 Morgan Silver Dollar with no problems. It contains almost one ounce of silver. Buyer to pay $2.00 shipping, but can combine with my other sales to save on shipping charges (only 30 cents for each additional sale won the same day). Thanks for looking and Good Luck offerding on this very nice 130 year old Morgan Silver Dollar.

The Morgan Dollar is a US Silver Coin mintedfrom 1878 to 1904 and again in 1921. The Morgan Silver Dollar was named for thedesigner, George T Morgan, who designed the obverse and reverse of the coin.Morgan\'s initials appear near Lady Liberty\'s neck on the obverse. The dollarwas authorized by the Bland-Allison Act of 1878, which was the greatest coinageboondoggle in history. The Comstock Lode was discovered in Nevada in the late1850s. The Comstock Lode strike put downward pressure on silver prices worldwide.The greatest silver strike in history was followed by the Bland-Allison Act in1878 to protect the interest of the western states, and it required theTreasury Department to purchase large amounts of silver, and to strike it ascoins. For reasons of economy, the Treasury chose to strike the silver asdollars. The mintage far exceeded the dollars that was needed in circulation.These excess silver dollars quickly began piling up. Some original mint bags ofMorgan Silver Dollars remained in treasury vaults until the 1960s. This strangepast has led to one of the greatest collectible series in American coinsproviding collectors with many dates and mint marks obtainable in mint statecondition along with challenging rarities. It has a fineness of .900, giving atotal silver content of 0.77344 troy ounces (24.057 grams) per coin. When thedollar was minted in 1878, it was the first dollar issued for Americancommercial use since the Seated Liberty Dollar of 1873. The Trade Dollar wasminted during this time period but was for trade in the orient. The dollar wascontinuously minted until 1904 when the supply of dollars in circulation washigh and there was a shortage of silver bullion. Then in 1918, the Pittman Actcalled for over 270 million coins to be melted for silver content. In 1921, theMorgan Dollar resumed for one year because they were needed to back US SilverCertificates. In 1921, 44,690,000 were struck at the Philadelphia Mint,20,345,000 were struck at the Denver Mint and 21,695,000 were struck at the SanFrancisco Mint. This was in addition to the 1,006,476 Peace Dollarcommemorative coins that would soon become standard issue. Since 1921, manyMorgan Dollars have been melted, mostly when silver prices escalate. Mint Marks(CC, D, O and S) appear underneath the tail feathers of the bald eagle on thereverse between the letters D and O in DOLLAR.



1887 MORGAN SILVER DOLLAR - GRADES \"BRILLIANT UNCIRCULATED\":
$33.02

Buy Now