1878 saw the return of silver dollars after a five hiatus. Following the Coin act of 1873, the US Mint halted the production of silver dollars. In 1878 the Morgan Silver Dollar was introduced. This is the Morgan 1 oz Silver Dollar in AU (Almost Uncirculated) condition.
Key features:
- Made of .77344 Troy oz of .90 fine silver
- Face value of $1 (USD) backed by the United States Government
- On the obverse is a depiction of Lady Liberty
- The reverse side has the heraldic eagle
- Year of coin ranges from 1878-1904 depending on stock on hand
- Almost Uncirculated (AU) condition
Collectors and investors love the Morgan Silver Dollar because it is the perfect nexus of quality silver, and beautiful design. These factors make them highly collectible and desirable to investors both. Another factor that helps in this value proposition is that these coins are made by the US Mint. Collectors trust the US Mint to deliver the highest quality metal content available. These coins have a silver content of .90 fine silver which was good for the time period and was welcomed after a period when people couldn’t get any silver bullion coins from the US Mint.
On the obverse side of this coin is Lady Liberty as designed by George T. Morgan. She is wearing a coronet and has a wreath on her head. Above her head is written ‘E. Pluribus Unum’. Below her portrait are 13 stars and the date of issue.
The reverse side of the coin has the heraldic eagle with wings spread out. Morgan’s version of the heraldic eagle doesn’t have a shield with it. Above the eagle is ‘UNITED STATES of AMERICA.’ Just below these words is ‘IN GOD WE TRUST’, Below the image is ‘ONE DOLLAR’.
Here is your opportunity to not only own a Morgan Silver Coin but one in Almost Uncirculated (AU). Get yours today.
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