1878 Morgan Silver Dollar

Please see scans for details regarding the condition of the coin.

The Coinage Act of 1873 demonetized silver, leading to the demise of the silver dollar. Although Trade dollars were produced from 1873-1878, they were meant for circulation overseas and were not legal tender in America. In response to the sour economic condition that persisted through much of the 1870's, and as a sop to Western suppliers of silver, Congress passed the Bland-Allison Act in 1878. The Act required the U.S. government to purchase large quantities of silver and turn it into silver dollars. Thus, the dollar denomination was restored once again in the form of the Morgan dollar. Named after its designer, George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable.

Morgan Dollars were struck without interruption from 1878-1904, then again in 1921. U.S. Mints that produced Morgan Dollars include Philadelphia, New Orleans, San Francisco, Denver, and Carson City. Mintmarks for all mints except Philadelphia were placed on the reverse of the coins just beneath the ribbon bow of the wreath.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.