1885 Morgan $1 PCGS MS65

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1885 Morgan $1 PCGS MS65
1885 Morgan $1 PCGS MS65
1885 Morgan $1 PCGS MS65
1885 Morgan $1 PCGS MS65
The passage of the Bland-Allison Act of 1878 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. They made it mandatory that the silver dollar coin be added back to the list of coinage that US Mint would strike.
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. That would ensure that silver dollar coins would be plentiful.
These new silver dollar coins were first struck in 1878, and then minted annually through 1904 at various US mint facilities. There was a shortage of silver after World War I, so these same silver dollar coins were struck for one year, in 1921.
George T. Morgan, who was the Assistant Chief Engraver of the United States Mint, 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 more 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.
His 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 1886, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 17,787,000 silver dollar coins that year.
This coin is graded as MS65 by the Professional Coin Grading Service (PCGS), one of the three most popular grading services in existence. Coins graded as MS65 or higher are considered as ‘investment quality.”
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 1885
Denomination One Dollar
                    Grade MS65
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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