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The American trade dollar therefore had to contain more silver, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful.
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
This resulted in a decrease in the value of gold and an increase in the relative value of silver. [1] As a result, silver coins rapidly disappeared from circulation due either to hoarding or melting. [1] In response, Congress authorized the Mint to reduce the quantity of silver in all denominations except the three-cent piece and silver dollar. [1]
The Seated Liberty portrait designs appeared on most regular-issue silver United States coinage from 1836 through 1891. The denominations which featured the Goddess of Liberty in a Seated Liberty design included the half dime , the dime , the quarter , the half dollar , and until 1873 the silver dollar .
This table represents the mintage figures of circulating coins produced by the United States Mint since 1887. This list does not include formerly-circulating gold coins, commemorative coins, or bullion coins. This list also does not include the three-cent nickel, which was largely winding down production by 1887 and has no modern equivalent.
On "Pawn Stars" Rick Harrison had to spend a pretty penny ... to get a pretty silver dollar. A 1922 High-Relief Proof Coin to be exact. A coin expert told Rick and the seller that it's, "one of ...