1880 Morgan $1 PCGS MS63

Price $119.00
 
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1880 Morgan $1 PCGS MS63
1880 Morgan $1 PCGS MS63
1880 Morgan $1 PCGS MS63
1880 Morgan $1 PCGS MS63
The United States Mint had been striking silver dollar coins since 1794. They tended to be minted when needed and up to the 1870s, the longest run of silver dollar coins occurred during the striking of the Liberty Seated silver dollar series, which ran from 1840 through 1873.
In 1873, the Coinage Act of that year was proposed and supported by proponents of a Gold Standard. This Act eliminated the silver dollar coin and prohibited the exchange by silver miners of raw silver into silver dollar coins struck by the Mint.
But five years later, in 1878, the Bland-Allison Act restored that very same silver dollar coin that had been eliminated. Most importantly, the Bland-Allison Act mandated that the Secretary of the Treasury be required to purchase $2 million dollars of newly mined silver from Western silver mines.
These new silver dollar coins were struck from 1878 through 1904. They were struck for one additional year in 1921, as there was a silver shortage after World War I.
Now we needed to create new coin designs for these new silver dollar coins. George T. Morgan, who was the Assistant Chief Engraver of the United States Mint, created both the obverse and reverse designs for these new coins.
Morgan’s obverse design depicted the profile of a mature Miss Liberty, facing to the left. She wore a Phrygian cap on her head, as well as a crown made of cotton and wheat. Additionally, she wore a headband upon which displayed the word “LIBERTY.” The upper periphery of the obverse displays “E PLURIBUS UNUM.” The date of striking 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.
His reverse design for this new silver dollar displayed a large 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 was dated 1880, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck t 12,600,000 silver dollar coins during that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653to speak to one of our highly trained numismatists, who will be happy to assist you.
 
Specifications  
Year 1880
Denomination One Dollar
                    Grade MS64
Country United States of America
Grading Service PCGS
Weight .77344
Fineness .900 Fine Silver
Diameter 38.1 mm
Manufacturer The United States Mint

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