1898 Morgan $1 PCGS MS63
The desire to strike a silver dollar coin has been part of the United States Mint’s mission since its formation in 1792. They were first struck in 1794, but the series was ended by the Coinage Act of 1873, which was proposed and supported by people who promoted that the United States adopt a Gold Standard to back our currency.
After a 5-year absence, these coins were restored as part of the Bland-Allison Coinage Act of 1878. Besides reestablishing the largest silver coin, this important coinage act also required that the Secretary of the Treasury purchase $2 million dollars’ worth of newly mined silver from western mining interests, every month.
For this new coin, coin designs were required for both the obverse and the reverse. George T. Morgan, who served as the Assistant Chief Engraver at the U. S. Mint in Philadelphia, designed both sides of this new coin. On the obverse, Morgan displayed the profile of his allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap over her hair. She has a crown on her head comprised of cotton and wheat. She also wears a headband with the word “LIBERTY,” inscribed on it.
The upper periphery of the obverse has the motto, “E PLURIBUS UNUM,” on it, and below Miss Liberty’s profile is the date of striking. There are also thirteen six-pointed stars spread out around the motto. Seven stars on the left side and six stars on the right.
Morgan created a reverse depicting a large American Bald Eagle that is positioned inside of an olive wreath. The eagle holds three arrows in the left talon and an olive branch in the right. The eagle’s wings are upright and outstretched and between the wings is “IN GOD WE TRUST.” “UNITED STATES OF AMERICA,” is on the upper periphery and “ONE DOLLAR,” is on the bottom periphery.
This coin is dated 1898 and it was struck at the Philadelphia Mint, so there is no mintmark present. The Philadelphia Mint struck 5,884,000 silver dollar coins that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular 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.
After a 5-year absence, these coins were restored as part of the Bland-Allison Coinage Act of 1878. Besides reestablishing the largest silver coin, this important coinage act also required that the Secretary of the Treasury purchase $2 million dollars’ worth of newly mined silver from western mining interests, every month.
For this new coin, coin designs were required for both the obverse and the reverse. George T. Morgan, who served as the Assistant Chief Engraver at the U. S. Mint in Philadelphia, designed both sides of this new coin. On the obverse, Morgan displayed the profile of his allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian cap over her hair. She has a crown on her head comprised of cotton and wheat. She also wears a headband with the word “LIBERTY,” inscribed on it.
The upper periphery of the obverse has the motto, “E PLURIBUS UNUM,” on it, and below Miss Liberty’s profile is the date of striking. There are also thirteen six-pointed stars spread out around the motto. Seven stars on the left side and six stars on the right.
Morgan created a reverse depicting a large American Bald Eagle that is positioned inside of an olive wreath. The eagle holds three arrows in the left talon and an olive branch in the right. The eagle’s wings are upright and outstretched and between the wings is “IN GOD WE TRUST.” “UNITED STATES OF AMERICA,” is on the upper periphery and “ONE DOLLAR,” is on the bottom periphery.
This coin is dated 1898 and it was struck at the Philadelphia Mint, so there is no mintmark present. The Philadelphia Mint struck 5,884,000 silver dollar coins that year.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular 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 | 1898 |
| 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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