1878-1904 Morgan Silver Dollar AU (Random Year)

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1878-1904 Morgan Silver Dollar AU (Random Year)

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Product Highlights: Each coin contains .7734 oz of Pure Silver. Individual coins come in protective plastic bags. Multiples of 20 come in plastic tubes. Obverse: Left facing profile of Liberty. Anna Willess Williams, a teacher and philosophical writer, modeled for this design by George T. Morgan of Lady Liberty. Reverse: Features a bald eagle clutching an olive branch in one talon and a bundle of arrows in the other. Surrounding the eagle is "United States of America," "One Dollar," and "In God We Trust." These coins exhibit the slightest bit of wear and maintain the majority of their original luster. Add these Almost Uncirculated Morgan Silver Dollars to your cart today! Dates on these random year coins will be of our choosing and may or may not vary, determined by stock on hand. The minting of Silver Morgan Dollars was a result of the Bland-Allison Act that reinstated Silver as legal tender in February 1878. Before 1878, production of Silver Dollars and other Silver coinage had been halted under the Coinage Act of 1873, and this left Gold as the standard economic unit of account. Silver coins had become devalued for multiple reasons, including the discovery of the largest Silver vein in world history. By 1878, Congress decided that U.S. coins should be both Silver and Gold, and therefore, Congress passed the Bland-Allison Act, which required the U.S. Treasury to purchase a fixed amount of each month to be minted into Silver coinage.The U.S. Mint The U.S. Mint has been the producer of some of the most iconic coins in U.S. history. The Morgan Dollar series is another testament to the Mint’s craftsmanship, offering a timeless piece of American numismatic heritage.