1900 Morgan $1 PCGS MS64

The Coinage Act of 1873 was supported by various interests that were supportive of placing the United States on a Gold Standard. The Act took the unusual step of removing the silver dollar coin from American commerce. The Mint would no longer strike a silver dollar coin.
But just five years later, the Bland-Allison Act was passed and became law in 1878. It reestablished the silver dollar coin to be struck for commerce and circulation. Additionally, it also required the Secretary of US Treasury to purchase $2 million dollars each month of newly-mined silver from American mines.
George T. Morgan, the Assistant Engraver at the US Mint, created the design for both sides of this new coin. Morgan designed an allegorical representation of a profile of Miss Liberty. She faced to the left and wore a slave cap on her head. There is a crown on the top of it comprised of cotton and wheat and the word “LIBERTY,” is inscribed on the headband. The upper periphery has the motto, “E PLURIBUS UNUM,” and below Miss Liberty is the date of minting. There are also thirteen six-pointed stars spread out around the motto – seven to the left and six to the right.
The reverse depicts an American Bald Eagle, centered inside of an olive wreath. The eagle holds arrows in one talon and an olive branch in the other. The eagle’s wings are upright and outstretched and between the wings is the motto “IN GOD WE TRUST.” “UNITED STATES OF AMERICA,” is on the upper periphery and “ONE DOLLAR,” is on the lower periphery.
This coin was struck in 1900 and was struck at the Philadelphia Mint. This coin has no mintmark. The Philadelphia Mint struck 8,830,000 silver dollar coins that year.
This coin is graded as MS64 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence.
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