1879-S Morgan $1 PCGS MS63

In 1878, the Bland-Allison Coinage Act of 1878 was passed, and it re-established the silver dollar coin as the largest silver coin struck by the United States Mint. The Bland-Allison Act was supported by farmers, merchants, and by western mining interests. In addition, as part of the Bland-Allison Act, the Secretary of the Treasury was now required to purchase $2 million dollars of silver from these Western mines each month.
These new silver dollar coins were struck in 1878, and then annually through 1904. Due to a shortage of silver dollar coins after World War I, the Morgan Silver Dollars were struck once again in 1921.
This new silver dollar coin was designed by George T. Morgan, the Assistant Chief Engraver of the United States Mint. His designs had been very well-respected by all those who saw them.
His depiction of Miss Liberty had a stern-looking face, as she faced the left. She wore a slave cap on her head. She was also adorned with a crown comprised of American agricultural products, such as cotton and wheat. She wore a headband upon which the word “LIBERTY,” was inscribed.
On the obverse upper periphery, was inscribed the standard motto, “E PLURIBUS UNUM,” and the date that the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – 7 on the left side, six on the right.
The reverse depicted a large American Eagle, facing left, with its wings outstretched and raised upward. Between the wings is the motto “IN GOD WE TRUST.” The eagle was centered within an olive wreath, and it held three arrows in her left talon, and she perches an olive branch with her right talon. On the upper periphery is “UNITED STATES OF AMERICA,” with the denomination “ONE DOLLAR,” at the lower periphery.
This coin was dated 1879, and it was struck by the San Francisco Mint, so there is an “S” mintmark underneath the eagle. The San Francisco Mint struck a large amount of silver dollar coins that year – 9,110,000.
This coin is graded as MS63 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence.
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