Numismatic

1882 Morgan Dollar MS-64 NGC

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The 1882 Morgan silver dollar stands as a classic example of late nineteenth-century American coinage. Struck at the Philadelphia Mint with no mintmark, this piece represents a time when the United States was actively expanding its silver coinage under the legislative direction of the Bland-Allison Act of 1878. This law was specifically enacted to bolster the domestic silver industry by mandating the regular production of silver dollars. Designed by George T. Morgan, the coin features a left-facing portrait of Lady Liberty on the obverse. Her hair is adorned with a Phrygian cap decorated with cotton and wheat, symbolizing American agricultural abundance. The headband is inscribed with the word "LIBERTY", while the national motto "E PLURIBUS UNUM" curves gracefully above her head. The reverse displays a powerful bald eagle with its wings outstretched, grasping both arrows and an olive branch. A delicate laurel wreath surrounds the lower half of the eagle. Above the bird, the motto "IN GOD WE TRUST" is inscribed, with "UNITED STATES OF AMERICA" and the "ONE DOLLAR" denomination framing the central design. Struck from 0.900 fine silver, this coin contains 0.7734 troy ounces of pure silver. It measures 38.1 millimeters in diameter and 3.1 millimeters in thickness. This particular specimen is certified in Mint State 64 (MS-64) condition, showcasing the original luster and sharp details from a total Philadelphia mintage of 11,100,000 coins for that year.