1884 Morgan $1 NGC MS64
In 1873, the Coinage Act passed, and one of those provisions was the elimination of the silver dollar coin. The Act was supported by proponents of a Gold Standard for America. They felt that eliminating the production of the largest silver coin would be a good step in that direction.
Additionally, the Coinage Act of 1873 also made it impossible for silver miners to exchange their raw silver to the US Mint for silver dollar coins.
But 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. This was a huge benefit to silver proponents across the nation.
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 an older 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.
Morgan placed on the upper periphery of the obverse, the motto “E PLURIBUS UNUM.” The date of striking the coin 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 depicted 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 14,070,000 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.
Additionally, the Coinage Act of 1873 also made it impossible for silver miners to exchange their raw silver to the US Mint for silver dollar coins.
But 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. This was a huge benefit to silver proponents across the nation.
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 an older 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.
Morgan placed on the upper periphery of the obverse, the motto “E PLURIBUS UNUM.” The date of striking the coin 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 depicted 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 14,070,000 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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