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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.
The 1893-S Morgan dollar is a United States dollar coin struck in 1893 at the San Francisco Mint.It is the lowest mintage business strike Morgan dollar in the series. The 1893-S is considered to be a key date in the Morgan dollar series: examples of the coin in both mint state and in circulated condition are valuable.
The Morgan silver dollar. Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver, 92.5%) containing 26.73 g (0.859 ozt) of pure silver, [18] were struck between 1878 and 1904, with a minting in 1921 and a commemorative minting in 2021. [19]
The rarest half dollar is the 1892-O "Micro O", in which the mint mark "O" for New Orleans was impressed on the half dollar die with a puncheon intended for the quarter; other key dates are the regular 1892-O, 1892-S, 1893-S, 1897-O, 1897-S, 1913, 1914, and 1915. The last three dates have very low mintages but were preserved in substantial numbers.
In 1883, members of the New York Mercantile Exchange petitioned Congress to allow redemption of the coins by the government. [39] [40] The Carson City Mint's trade dollar ledger book. Bullion prices continued to drop through the 1880s, increasing the loss by anyone forced to sell at melt value after accepting a trade dollar at face value. [40]
The Seated Liberty design remained standard on all American coins ranging from half dimes to half dollars for decades, but by 1879 — the year after the Bland-Allison Act caused a drastic curtailment in the mintages of Seated Liberty half dollars, quarters, and even dimes until 1883, there was increased criticism and calls for its replacement ...