1897 Morgan $1 PCGS MS63

Price $175.00
 
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1897 Morgan $1 PCGS MS63
1897 Morgan $1 PCGS MS63
1897 Morgan $1 PCGS MS63
1897 Morgan $1 PCGS MS63
Morgan Silver Dollars are some of the most collected vintage silver coins in the world. Their popularity stems from a variety of factors – silver content, availability, and history - are some of the most important reasons for their popularity. They are struck from 90% silver blanks, each finished coin contains .77344 of a troy ounce of pure silver, and they were minted starting in 1878 and continuing through 1904. Due to a silver shortage after World War I, these coins were struck again in 1921.
The coins were created in 1878 when the Bland-Allison Act was passed, and the Act recreated the silver dollar coin. Even more importantly, the Act required that the Secretary of the Treasury was mandated to purchase $2 million dollars’ worth of newly mined silver each month from silver mines in the American West.
George T. Morgan, the Assistant Chief Engraver of the United States Mint, designed both sides of these important coins. His obverse depicted a more mature looking Miss Liberty, and she faced to the left. She wore a slave cap on her head and was adorned with a crown comprised of cotton and wheat. She also wore a headband upon which the word “LIBERTY,” was inscribed.
Morgan’s design also had “E PLURIBUS UNUM,” inscribed on the upper periphery and the date that 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 depicted a large American Eagle, facing left, with its wings outstretched and raised upward. Between the wings is the motto “IN GOD WE TRUST.” The eagle was centered within an olive wreath, and it held three arrows in her left talon, and she perches an olive branch with her right talon. On the upper periphery is “UNITED STATES OF AMERICA,” with the denomination “ONE DOLLAR,” at the lower periphery.
This coin was dated 1897, and it was struck by the Philadelphia Mint, so there is no mintmark. The Philadelphia Mint struck a smaller amount of silver dollar coins that year than during most years – 2,822,000.
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 1897
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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