1888 Morgan $1 PCGS MS63
Silver dollar coins have been a part of American numismatic history since they were first struck in 1794. They were also an important part of our commerce, especially in the American West.
The Coinage Act of 1873 was enacted and one of the important provisions was the elimination of the silver dollar coin. An additional provision that passed prohibited anyone from exchanging their raw silver to the US Mint for silver dollar coins. These provisions supported the aims of people who backed a gold standard for the United States.
But five years later, the Bland-Allison Act of 1878 restored the silver dollar coin that had been eliminated earlier. In addition, 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 provisions ensured that silver dollar coins would be plentiful into the future.
These new silver dollar coins were minted annually from 1878 through 1904, and again in 1921, as there was a silver shortage after World War I.
The Assistant Chief Engraver of the United States Mint, George T. Morgan, created both the obverse and reverse designs for this new silver dollar coin. His designs are today considered to be iconic in their simplicity and representations.
The obverse that Morgan had created displayed an allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap, or slave cap, on her head, as well as a crown made of cotton and wheat. Miss Liberty also wore a headband upon which the word “LIBERTY,” was displayed.
Morgan placed the important and required motto “E PLURIBUS UNUM,” on the upper periphery of the obverse, 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 displayed an American Bald Eagle, 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 1888, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 19,183,000 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 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
The Coinage Act of 1873 was enacted and one of the important provisions was the elimination of the silver dollar coin. An additional provision that passed prohibited anyone from exchanging their raw silver to the US Mint for silver dollar coins. These provisions supported the aims of people who backed a gold standard for the United States.
But five years later, the Bland-Allison Act of 1878 restored the silver dollar coin that had been eliminated earlier. In addition, 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 provisions ensured that silver dollar coins would be plentiful into the future.
These new silver dollar coins were minted annually from 1878 through 1904, and again in 1921, as there was a silver shortage after World War I.
The Assistant Chief Engraver of the United States Mint, George T. Morgan, created both the obverse and reverse designs for this new silver dollar coin. His designs are today considered to be iconic in their simplicity and representations.
The obverse that Morgan had created displayed an allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap, or slave cap, on her head, as well as a crown made of cotton and wheat. Miss Liberty also wore a headband upon which the word “LIBERTY,” was displayed.
Morgan placed the important and required motto “E PLURIBUS UNUM,” on the upper periphery of the obverse, 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 displayed an American Bald Eagle, 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 1888, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 19,183,000 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 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
| Specifications | |
| Year | 1888 |
| 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 |
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