1882 Morgan $1 PCGS MS63
The Coinage Act of 1873 eliminated the silver dollar coin. Proponents of a Gold Standard proposed this legislation. The law effectively stopped silver miners from being able to turn silver ore into silver dollars.
But with the passage of the Bland-Allison Act of 1878, this law assured that a new silver dollar coin would be struck. The proponents of this legislation were Western farmers, merchants, and those in the silver mining business. But not only was the silver dollar coin reestablished, but the Secretary of the Treasury was also mandated to purchase $2 million dollars of newly mined silver from these same Western mines. Now silver dollar coins would be abundant.
These new silver dollar coins were struck in 1878 and minted annually through 1904. There was a shortage of silver after World War I, so these same silver dollar coins were struck for one additional year, in 1921.
The new coin was designed by George T. Morgan, who was the Assistant Chief Engraver of the United States Mint. He created designs for both sides of this new coin. Morgan created a coin that would become one of the most popular in all of U.S. history.
His 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 also wore a headband upon which the word “LIBERTY,” had been inscribed. On the upper periphery of the obverse is inscribed “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 depicted an American Bald Eagle, facing to the left. The eagle’s wings are outstretched and raised upward. Placed between the wings, is the motto “IN GOD WE TRUST.” The eagle is centered within an olive wreath. It is holding three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and on the lower periphery is “ONE DOLLAR.”
This coin was dated 1882, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 11,100,000 silver dollar coins that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular 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 with the passage of the Bland-Allison Act of 1878, this law assured that a new silver dollar coin would be struck. The proponents of this legislation were Western farmers, merchants, and those in the silver mining business. But not only was the silver dollar coin reestablished, but the Secretary of the Treasury was also mandated to purchase $2 million dollars of newly mined silver from these same Western mines. Now silver dollar coins would be abundant.
These new silver dollar coins were struck in 1878 and minted annually through 1904. There was a shortage of silver after World War I, so these same silver dollar coins were struck for one additional year, in 1921.
The new coin was designed by George T. Morgan, who was the Assistant Chief Engraver of the United States Mint. He created designs for both sides of this new coin. Morgan created a coin that would become one of the most popular in all of U.S. history.
His 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 also wore a headband upon which the word “LIBERTY,” had been inscribed. On the upper periphery of the obverse is inscribed “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 depicted an American Bald Eagle, facing to the left. The eagle’s wings are outstretched and raised upward. Placed between the wings, is the motto “IN GOD WE TRUST.” The eagle is centered within an olive wreath. It is holding three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and on the lower periphery is “ONE DOLLAR.”
This coin was dated 1882, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 11,100,000 silver dollar coins that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular 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 | 1882 |
| Denomination | One Dollar |
| Grade | MS63 |
| Country | United States of America |
| Grading Service | PCGS |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
Quick View
