Which ended the free coining of silver. And the production of the previous design, the Seated Liberty dollar. It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). The coin is named after its designer, United States Mint Assistant Engraver George T. Depicts a profile portrait representing Liberty.Modeled by Anna Willess Williams. While the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above between D and O in "Dollar". The dollar was authorized by the Bland-Allison Act. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin.
This act, once again, was repealed in 1893. When those silver reserves were depleted in 1904, the Mint ceased to strike the Morgan dollar. Passed in 1918, authorized the melting and recoining of millions of silver dollars.
Pursuant to the act, Morgan dollars resumed mintage for one year in 1921. The design was replaced by the Peace dollar.
In the early 1960s, a large quantity of uncirculated Morgan dollars in their original bags were discovered in the Treasury vaults, including issues once thought rare. Individuals began purchasing large quantities of the pieces at face value and then removed them from circulation through hoarding.
And eventually the Treasury ceased exchanging silver certificates. Beginning in the 1970s, the Treasury conducted a sale of silver dollars minted at the Carson City Mint. Through the General Services Administration. In 2006, Morgan's reverse design was used on a silver dollar issued to commemorate. The old San Francisco Mint.The US Mint began striking Morgan Dollars again in 2021, initially as a commemorative to celebrate the 100th anniversary of the conclusion of the design's final usage, then as an annual release starting in 2023. Photo's - Sometimes we use stock photos if we have more than one in stock matching the same quality. Meaning you may not get the item pictured BUT will get the quality / Condition listed. If graded the serial numbers may differ. Placing an order locks in your price.
Please recheck your order before submitting. After confirmation, prices are locked and the order cannot be cancelled. We reserve the right to cancel an order for any reason and at any time. We offer a 30-day return privilege (excluding bullion items) and we must be notified within the 30-day period. Items must be in their original condition and removal from any holder voids any return privilege.
This item is in the category "Coins & Paper Money\Coins: US\Dollars\Morgan (1878-1921)". The seller is "missionhillcoinandjewelry" and is located in this country: US. This item can be shipped worldwide.