1882 Morgan $1 PCGS MS64
The Coinage Act of 1873 eliminated the silver dollar coin from production. It was proposed and supported by proponents of a Gold Standard for the United States. This Act meant that silver miners could no longer turn their raw silver into silver dollar coins through the Mint.
But just five years later, the Bland-Allison Act of 1878, this law was passed, and it reestablished the silver dollar coin. Even more importantly the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from these same Western mines.
The new silver dollar coins were struck in 1878 and minted annually through 1904. Due to a shortage of silver after World War I, these silver dollar coins were struck for one additional year - in 1921.
George T. Morgan, who was the Assistant Chief Engraver of the United States Mint, created designs for both sides of this coin. The obverse design depicted a mature Miss Liberty, facing to the left. She wore a slave cap on her head, as well as a crown made of cotton and wheat. She wore a headband upon which the word “LIBERTY,” had been inscribed. On the upper periphery of the obverse is inscribed “E PLURIBUS UNUM.” The date of striking the coin was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
Morgan’s reverse design displayed an American Bald Eagle, facing to the left. The eagle’s wings are outstretched and raised upward. Placed between the wings, is the motto “IN GOD WE TRUST.” The eagle is centered within an olive wreath. It is holding three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and on the lower periphery is “ONE DOLLAR.”
This coin was dated 1882, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 11,100,000 silver dollar coins that year.
This coin is graded as MS64 by the Professional Coin Grading Service (PCGS), one of the three most popular grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
But just five years later, the Bland-Allison Act of 1878, this law was passed, and it reestablished the silver dollar coin. Even more importantly the Secretary of the Treasury was required to purchase $2 million dollars of newly mined silver from these same Western mines.
The new silver dollar coins were struck in 1878 and minted annually through 1904. Due to a shortage of silver after World War I, these silver dollar coins were struck for one additional year - in 1921.
George T. Morgan, who was the Assistant Chief Engraver of the United States Mint, created designs for both sides of this coin. The obverse design depicted a mature Miss Liberty, facing to the left. She wore a slave cap on her head, as well as a crown made of cotton and wheat. She wore a headband upon which the word “LIBERTY,” had been inscribed. On the upper periphery of the obverse is inscribed “E PLURIBUS UNUM.” The date of striking the coin was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right.
Morgan’s reverse design displayed an American Bald Eagle, facing to the left. The eagle’s wings are outstretched and raised upward. Placed between the wings, is the motto “IN GOD WE TRUST.” The eagle is centered within an olive wreath. It is holding three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and on the lower periphery is “ONE DOLLAR.”
This coin was dated 1882, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck 11,100,000 silver dollar coins that year.
This coin is graded as MS64 by the Professional Coin Grading Service (PCGS), one of the three most popular grading services in existence.
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
| Specifications | |
| Year | 1882 |
| Denomination | One Dollar |
| Grade | MS64 |
| Country | United States of America |
| Grading Service | PCGS |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
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