biglowbowski
11h ago
COINS
Untitled Item
Key Facts & Value
Key Fact
Description
This is a United States Morgan Dollar, a classic silver coin minted between 1878 and 1921. The obverse features a profile of Lady Liberty, designed by George T. Morgan, with the date and surrounding stars. The reverse depicts a majestic bald eagle in flight, clutching arrows and an olive branch, symbolizing peace and strength.
History
The Morgan Dollar was established by the Coinage Act of 1873, marking a return to bimetallism. Its design was a significant departure from previous American coinage, embracing a more artistic and detailed aesthetic. George T. Morgan's iconic design became a favorite among the public and remains highly collectible today.
Facts
The Morgan Dollar is renowned for its artistic merit and is considered by many to be one of the most beautiful American coins ever produced. Its discontinuation in 1921 was due to the passage of the Pittman Act, which led to the melting of millions of silver dollars to fund the production of silver certificates.
Value Fact
The market value of Morgan Dollars varies significantly based on date, mint mark, condition, and rarity. High-grade examples, particularly those from scarcer mints or dates, can command prices in the hundreds or even thousands of dollars, driven by strong collector demand and historical significance.
Item Details
Official Details
Variation Details
biglowbowski Details
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