Anthony GRILLO
Cameron Lombardi
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UPDATED WEEKLY
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COIN OF THE WEEK
BAG FRAGMENT’S ARE BACK!
Morgan Silver Dollars, named after their designer George T. Morgan, were minted from 1878 to 1904 and again in 1921. These iconic coins are highly sought after by collectors for their historical significance and beautiful design. In MS 63 condition, they are considered to be in uncirculated condition with some marks or abrasions.
NGC, a renowned coin grading authority, offers special holders for Morgan Silver Dollars, which include a piece of the original canvas bag the coins were stored in. This unique feature adds a tangible connection to the coin's past, enhancing its collectibility and historical value.
The history of Morgan Silver Dollars is rich and fascinating, reflecting the economic and political landscape of late 19th and early 20th century America. Originally minted to fulfill the requirements of the Bland-Allison Act of 1878, which required the government to purchase silver and mint it into coins, Morgan Dollars became a symbol of America's industrial might and economic expansion. Despite being discontinued in 1904, they were briefly revived in 1921 due to the Pittman Act, which required the melting of millions of Morgan Dollars to support the striking of new silver coins for India.
Today, Morgan Silver Dollars are cherished not only for their numismatic value but also for their role in shaping American history. They remain a favorite among collectors and investors alike, offering a glimpse into a bygone era of American coinage.
$125/e
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Cameron Lombardi
Anthony GRILLO
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