1898 Morgan $1 NGC MS64

Morgan Silver Dollars came about when the silver dollar coins were restored as part of the Bland-Allison Coinage Act of 1878. This Act also mandated that the Secretary of the Treasury purchase $2 million dollars’ worth of newly mined silver from western mining interests.
The coins were originally called the “Liberty Head Silver Dollar” but collectors later renamed them the Morgan Silver Dollar, after their designer. George T. Morgan, who served as the Assistant Chief Engraver at the U. S. Mint in Philadelphia, designed the obverse and reverse.
On the obverse, Morgan depicted the profile of an allegorical representation of Miss Liberty, who faced to the left. She wore a Phrygian, or slave cap over her hair. She has a crown on her head comprised of cotton and wheat. She also wears a headband with the word “LIBERTY,” inscribed on it. The upper periphery of the obverse has the motto, “E PLURIBUS UNUM,” on it, and below Miss Liberty’s profile is the date of striking. There are also thirteen six-pointed stars spread out around the motto. Seven stars on the left side and six stars on the right.
The reverse that Morgan created depicts a large American Bald Eagle that is positioned inside of an olive wreath. The eagle holds three arrows in the left talon and an olive branch in the right. The eagle’s wings are upright and outstretched and between the wings is “IN GOD WE TRUST.” “UNITED STATES OF AMERICA,” is on the upper periphery and “ONE DOLLAR,” is on the bottom periphery.
This coin is dated 1898 and it was struck at the Philadelphia Mint, so there is no mintmark present. The Philadelphia Mint struck 5,884,000 silver dollar coins that year.
This coin is graded as MS64 by the Numismatic Guaranty Corporation (NGC), one of the three most popular grading services in existence.
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