(1878-1904) Morgan Silver Dollar (BU) Twenty Coins Brilliant Uncirculated

Description

(1878 1904) Morgan Silver Dollars (BU) Twenty Coins

The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination the gold dollar became the unit coin and the trade dollar was used for commercial transactions with the Orient. Resumption of coinage of the silver dollar was authorized by the Act of February 28 1878 known as the Bland Allison Act. The weight (412 1/2 grains) and fineness (.900) were to conform with the Act of January 18 1837.

George T. Morgan formerly a pupil of William Wyon in the Royal Mint in London designed the new dollar. His initial M is found at the truncation of the neck at the last tress. It also appears on the reverse on the left hand loop of the ribbon. Coinage of the silver dollar was suspended after 1904 when demand was low and the bullion supply became exhausted. Under provisions of the Pittman Act of 1918 270 232 722 silver dollars were melted and later in 1921 coinage of the silver dollar was resumed.

The “Coin Images” is for illustration purposes to represent coin type and an indicator of the quality of the item. Actual product may vary in dates and mint marks.” 1878 1904 Morgan Silver Dollars BU Random Year Twenty Coins
Condition Brilliant Uncirculated
Composition 900 Pure Silver AG
Weight 26730 grams per coin
Diameter 381 mm Reeded Edge


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Amazon Sale Rank: 312;