Product Details
Specifications
Shipping Info
Buy with Confidence
Storage
Obtain a piece of history with a Random Year Morgan Silver Dollar in MS-63 condition at the lowest price online today!
The silver dollar was authorized by the Bland-Allison Act. The Morgan Silver Dollar was struck from 1878 to 1904 and again in 1921 at the Philadelphia, San Francisco, Carson City, New Orleans and Denver Mints. Engraver George T. Morgan was chosen to design this dollar, and his design has left its legacy as one of the most collected coins in United States history.
Most reputable numismatic grading organizations use the internationally recognized Sheldon grading scale, which ranges from 1 to 70 to grade coin conditions. The MS-63 (which stands for Mint State with a 63 grade) is one of the highest scores a coin may achieve. It’s alternatively referred to as Choice Uncirculated.
COIN HIGHLIGHTS
- Ships individually in protective packaging
- Consisting of 0.7734 oz of 900 Fine Silver
- Obverse: Features a depiction of the of bust of Lady Liberty surrounded by the words "E Pluribus Unum", 13 stars representing the original 13 colonies and the date of issue
- Reverse: Features a depiction of an American Eagle with an olive branch for peace and arrows for strength in its talons, the inscriptions of words "In God We Trust", "United States of America" and the denomination of One Dollar
The Morgan dollar was created in response to the passage of the Bland-Allison Act of 1878. After the five-year depression following the Panic of 1873, so-called "Silverites" proposed a bimetallic standard that would see silver coined into dollars at the former gold/silver ratio of 16:1. The Silverites felt that this act would help to re-inflate the dollar after the Panic of 1873.
George T. Morgan, an assistant engraver at the Philadelphia Mint produced the winning design for the dollar, hence it is referred to by his name. Anna Willess Williams modelled for Morgan as Lady Liberty. He said that her profile was the most perfect he had ever seen.
The Morgan silver dollar was minted from 1878 to 1904, with a one-year return to production in 1921. The Morgan dollars were produced with ninety percent silver and ten percent copper in order to conform with the coinage act of 1837. In 1962 a silver certificate was partially redeemed for an uncirculated Morgan dollar, which set off a firestorm of interest in redeeming silver certificates to the US Treasury. Demand was huge, with some in lines pushing wheelbarrows. Several million uncirculated Morgan and Peace dollars were eventually discovered in vaults and sold off to the public.
The 1921 Morgan dollars required George Morgan to create new master dies as the old dies had been destroyed in 1910. The Morgan dollar was produced for only one year before it was replaced by the Peace dollar.
ABOUT THE UNITED STATES MINT
Established in 1792 as the first national mint in the United States, the United States Mint is a bureau of the Department of the Treasury responsible for official legal tender coinage production. The United States Mint has a mission to serve Americans as the sole manufacturer and distributor of circulating currency coins. The U.S. mint also produces commemorative coins for collectors, silver and gold bullion coins for investors (such as the popular Eagle and Buffalo series), as well as Congressional Medals.
This product may come as an assortment or a batch of one single item. You may receive a product not shown on the image but individual weight and purity are guaranteed.
5753 | |
Not Available | |
Lightly Used | |
Secondary Market | |
900 | |
United States | |
U.S. Mint | |
USD 1 | |
George T. Morgan (obverse) | |
Left facing profile of Lady Liberty and the words "E Pluribus Unum" and the year | |
Bald eagle with wings spread clutching an olive branch and several arrows and the words "United States of America In God We Trust One Dollar" |
0.7734 oz | |
38.1 | |
3.1 | |
Yes | |
NGC or PCGS | |
MS-63 |
We make sure your metals are handled with the utmost care until the moment they reach your hands.
Your order will be packed within 5 business days of cleared payment. Orders with pre-sale items will ship once all items are in-stock.
FREE Shipping for orders over: 2400.00
Flat rate UPS or FedEx Priority Insured:
Our trusted carriers
To ensure your complete confidence, every package we ship is fully insured and tracked via express courier, with a signature required upon delivery.
Insurance
Every package we ship is fully insured. This means that you would receive a full refund or exchange in the extremely unlikely event that your package is lost or damaged during transit. Please remember to notify us of damage, tampering, or delivery issues within 24 hours of the signature or delivery date. Failure to notify us within this timeframe may impact our ability to cover your claim.
Transparent pricing:
Up-to-the-minute transparent pricing with no hidden fees
Easy liquidity:
Sell your metals back to us with ease
Extensive inventory:
Tens of millions of dollars of in-stock inventory to fill an order of any size
Customer obsession:
We bring our heart to every moment of your buying experience
300,000 5-star reviews:
Earned from verified orders placed on our website
Safe & secure payments:
Explore our many easy ways to pay!
Fast secure shipping:
Every shipment is secure, discreet, and fully insured
Security and Convenience in Every Transaction
World-Class Security:
Your investments are protected in Brink's vaults, complete with armed guards and 24/7 surveillance. Each deposit is fully insured by Lloyd's of London, ensuring peace of mind.
Global Reach, Local Service:
With over $150 million in customer deposits across 6 locations in 4 countries, we offer unmatched service and accessibility.
Transparent and Low Rates:
Benefit from the lowest rates with 24/7 account balance updates, ensuring transparency at every step.
Easy Liquidation:
Through our Instant Liquidity program, expect the best rates and funds transfer within 1 business day.
Complete Privacy:
Your holdings are confidential with us, thanks to our partnership with private entities like Silver Gold Depository, Lloyd's of London, and Brink's.