$1 Morgan MS64 Certified (Dates/Types Vary)

$95.00
 
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$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
$1 Morgan MS64 Certified (Dates/Types Vary)
The Morgan Dollar holds a unique place in the hearts of collectors due to its distinctive characteristics. This coin is quite sizeable, nearly the dimensions of a palm, and boasts considerable weight. One might wonder why it was crafted on such a grand scale. The answer can be traced back to a surplus of silver circulating during that era. The Comstock silver lode in Nevada was an abundant source, yielding a staggering one million dollars' worth of silver each week. This surplus raised concerns about the stability of Nevada's economy, necessitating a solution. In the true American tradition of political maneuvering, lobbyists took swift action. Their efforts led to government mandates requiring the U.S. Treasury to purchase two to four million dollars' worth of silver monthly, transforming it into silver coinage. George T. Morgan, an engraver at the Mint, was tasked with designing the new silver dollar. His design featured Lady Liberty's profile on the obverse side and an eagle on the reverse. Notably, he chose to portray Liberty as an American woman, a departure from the typical Greek-inspired depictions. In shaping the eagle, he drew inspiration from detailed studies of the bald eagle in its natural habitat. This transformation represented a long-awaited makeover for America's silver dollar coinage. The production of Morgan Dollars spanned from 1878 to 1904 and was briefly resumed in 1921. Among them, the 1894 edition stands out as the second-rarest due to its limited circulation. Interestingly, within the Morgan Dollars produced at the Philadelphia Mint, Mint State 1894s also rank as the second-rarest, adding an extra layer of rarity to this remarkable coin.

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