(1878-1904) Morgan Silver Dollar (BU) $1 Brilliant Uncirculated

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(1878-1904) Morgan Silver Dollars BU (Random Year)
Condition: Brilliant Uncirculated
Composition: .900 Pure Silver (AG)

Amazon.com Price: $62.99 (as of 27/07/2021 17:09 PST- Details)

(1878-1904) Morgan Silver {Dollars} (BU)

The coinage regulation of 1873 made no provision for the usual silver greenback. Through the lapse in coinage of this denomination, the gold greenback turned the unit coin, and the commerce greenback was used for industrial transactions with the Orient. Resumption of coinage of the silver greenback was approved by the Act of February 28, 1878, often called the Bland-Allison Act. The burden (412-1/2 grains) and fineness (.900) had been to evolve with the Act of January 18, 1837.

George T. Morgan, previously a pupil of William Wyon within the Royal Mint in London, designed the brand new greenback. His preliminary M is discovered on the truncation of the neck, on the final tress. It additionally seems on the reverse on the left-hand loop of the ribbon. Coinage of the silver greenback was suspended after 1904, when demand was low and the bullion provide turned exhausted. Below provisions of the Pittman Act of 1918, 270,232,722 silver {dollars} had been melted, and later, in 1921, coinage of the silver greenback was resumed.

The “Coin Photos” is for illustration functions to symbolize coin kind and an indicator of the standard of the merchandise. Precise product might differ in dates and mint marks.

(1878-1904) Morgan Silver {Dollars} BU (Random Yr)
Situation: Sensible Uncirculated
Composition: .900 Pure Silver (AG)
Weight: 26.730 grams
Diameter: 38.1 mm Reeded Edge

Specification: (1878-1904) Morgan Silver Dollar (BU) $1 Brilliant Uncirculated

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