1879 Morgan $1 NGC MS63
The Coinage Act of 1873 eliminated the silver dollar coin from production. It prohibited the holders of silver bullion from having it coined into silver dollars. The proponents of this bill were promoting a gold standard. There was outrage over this legislation by western farmers, merchants, and, especially, silver miners.
But in 1878, the Bland-Allison Act restored the silver dollar coin that had been eliminated, and the Act also mandated the Secretary of the Treasury to purchase $2 million dollars of newly mined silver from Western mining interests.
These new silver dollar coins were struck in 1878, and then annually through 1904. Because there was a shortage of silver after World War I, these silver dollar coins were struck for one additional year, in 1921.
The Assistant Chief Engraver of the United States Mint, George T. Morgan, created both the obverse and reverse designs for this new coin.
Morgan’s obverse design depicted a mature Miss Liberty, facing to the left. She wore a slave cap on her head, and a crown made of cotton and wheat. She wore a headband upon which the word “LIBERTY,” was inscribed. The upper periphery of the obverse states “E PLURIBUS UNUM.” The date of striking the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
Morgan’s reverse design displayed an American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. The motto, “IN GOD WE TRUST,” is positioned between the eagle’s wings. The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin is dated 1879, is well-struck, and it was minted at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck t 14,806,000 silver dollar coins during that year.
This coin is graded as MS63 by the Numismatic Guaranty Corporation (NGC), one of the three most popular and desirable grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
But in 1878, the Bland-Allison Act restored the silver dollar coin that had been eliminated, and the Act also mandated the Secretary of the Treasury to purchase $2 million dollars of newly mined silver from Western mining interests.
These new silver dollar coins were struck in 1878, and then annually through 1904. Because there was a shortage of silver after World War I, these silver dollar coins were struck for one additional year, in 1921.
The Assistant Chief Engraver of the United States Mint, George T. Morgan, created both the obverse and reverse designs for this new coin.
Morgan’s obverse design depicted a mature Miss Liberty, facing to the left. She wore a slave cap on her head, and a crown made of cotton and wheat. She wore a headband upon which the word “LIBERTY,” was inscribed. The upper periphery of the obverse states “E PLURIBUS UNUM.” The date of striking the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
Morgan’s reverse design displayed an American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. The motto, “IN GOD WE TRUST,” is positioned between the eagle’s wings. The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin is dated 1879, is well-struck, and it was minted at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck t 14,806,000 silver dollar coins during that year.
This coin is graded as MS63 by the Numismatic Guaranty Corporation (NGC), one of the three most popular and desirable grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
| Specifications | |
| Year | 1879 |
| Denomination | One Dollar |
| Grade | MS63 |
| Country | United States of America |
| Grading Service | NGC |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
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