Numismatic

1878-1904 Morgan Dollars MS-63 NGC

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The Morgan Silver Dollar stands as a monument to one of the most passionate monetary debates in American history. Authorized under the Bland-Allison Act of 1878, this coin emerged from the intense political struggle surrounding the Free Silver movement, which championed bimetallism against the strict gold standard. Minted continuously from 1878 to 1904, and briefly revived in 1921, this heavy silver coin represents an era of rapid national expansion and industrial growth. Designed by George T. Morgan, the coin features a striking profile of Lady Liberty on the obverse. She wears a Phrygian cap decorated with native American agricultural staples, specifically wheat and cotton. Look closely and you can locate the designer's subtle initial, 'M', on both sides of the coin. The reverse displays a powerful American eagle with its wings fully spread, clutching an olive branch and arrows in its talons, all framed by a delicate laurel wreath. Each of these impressive coins is struck from a composition of 90 percent silver and 10 percent copper, carrying 0.7734 troy ounces of pure silver. With a diameter of 38.1 millimeters and a weight of 26.73 grams, the dollar has a substantial physical presence. This specimen is certified in Mint State 63 (MS-63) condition, preserving the intricate details of its classic design for modern observers to appreciate.