1883 Morgan $1 NGC MS64
The history of American silver dollar coinage began with our first silver dollar, struck in 1794, when only 1,758 coins were struck in total. Compare that to the 1921 Morgan, with a total mintage of 44,690,000 coins. The huge increase in the number of available specimens allowed these coins to be seen and owned by a large number of people.
But that might not have happened if a small group of people had gotten their way. In 1873, the Coinage Act passed and one of those provisions was the elimination of the silver dollar coin. Additionally, the Act also made it impossible for silver miners to exchange their raw silver to the US Mint for silver dollar coins. This 1873 Act was promoted and supported by a group of gold coin proponents who were able to stop the production of domestic silver dollars for five years.
The Bland-Allison Act of 1878 restored the silver dollar coin that had been eliminated. More 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. That fact alone ensured that silver dollars would be plentiful.
These new silver dollar coins were minted from 1878 through 1904, and again in 1921, as there was a silver shortage after World War I. George T. Morgan, the Assistant Chief Engraver of the United States Mint, created both the obverse and reverse designs.
Morgan’s obverse design depicted an allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap on her head, as well as a crown made of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” was displayed.
On the upper periphery of the obverse, the motto “E PLURIBUS UNUM,” was displayed. The date of minting was displayed 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 a large American Bald Eagle, as expected, facing to the left, with 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 a large 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 1883, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck just 12,290,000 silver dollar coins during that year.
This coin is graded as MS64 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 that might not have happened if a small group of people had gotten their way. In 1873, the Coinage Act passed and one of those provisions was the elimination of the silver dollar coin. Additionally, the Act also made it impossible for silver miners to exchange their raw silver to the US Mint for silver dollar coins. This 1873 Act was promoted and supported by a group of gold coin proponents who were able to stop the production of domestic silver dollars for five years.
The Bland-Allison Act of 1878 restored the silver dollar coin that had been eliminated. More 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. That fact alone ensured that silver dollars would be plentiful.
These new silver dollar coins were minted from 1878 through 1904, and again in 1921, as there was a silver shortage after World War I. George T. Morgan, the Assistant Chief Engraver of the United States Mint, created both the obverse and reverse designs.
Morgan’s obverse design depicted an allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap on her head, as well as a crown made of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” was displayed.
On the upper periphery of the obverse, the motto “E PLURIBUS UNUM,” was displayed. The date of minting was displayed 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 a large American Bald Eagle, as expected, facing to the left, with 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 a large 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 1883, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck just 12,290,000 silver dollar coins during that year.
This coin is graded as MS64 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 | 1883 |
| Denomination | One Dollar |
| Grade | MS64 |
| 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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