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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 United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia.The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States.
The $1 silver certificate from the Hawaii overprint series. 1899 United States five-dollar Silver Certificate (Chief Note) depicting Running Antelope of the Húŋkpapȟa. Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. [1]
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 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 ...
The 1854-55 have just arrows. Coins minted on January 25 of 1861 would be the last silver coins minted by the US Government in New Orleans until 1879. Coins minted on the 26th were silver coins minted by the State of Louisiana. Thus, the Seated Liberty Half Dollar would be the last US silver coin minted here until 1879. Barber 1892–1909