Pre-1921 Silver Morgan Dollar - XF

The coins referred to as the pre-1921 $1 Morgan Silver Dollar were originally minted in the U.S, from 1878 through 1904. It would be another 18 years before additional coins in the series would be minted. The coins included in this item are pulled from random dates, prior to 1921, and marked as XF. In Extremely Fine condition, the pre-1921 $1 Morgan Silver Dollar is categorized as light wear on design throughout, but all features sharp and well defined. Traces of luster may show. The quality of the Silver Morgan Dollar presents a great way to collect, and invest in silver bullion.

Highlights

Pre-1921 Silver Morgan Dollar – XF.
This item consists of random dates of pre-1921 XF graded coins.
This Silver coin contains .774 oz of .9 pure silver.
Obverse: Lady Liberty is shown in profile facing left and wears a liberty cap with "Liberty" inscribed on the rim, and shows two cotton blossom, and two heads of wheat adorning the side of the cap. "E Pluribus Unim" appears above Liberty's image, and 13 stars encircle the lower half with the date shown in the center of the configuration.
Reverse: the eagle with outstretched wings is similar to the earlier depictions of the majestic animal that appeared on the first coins of the young nation. An olive branch, and bundle of arrows are seen clutched in its talons, and a wreath is shown surrounding the lower half of the eagle's image. "United States of America" is shown above the eagle and shows the motto "In God We Trust" just above its head. Below the eagle's image is the denomination of the coin.

History

The Morgan design was originally minted in the U.S. from 1878, until 1904, then once more in 1921, and replaced the Seated Liberty design. Silver dollar currency experienced a brief hiatus from 1873 to 1878, when the resumption of the coin was authorized by the Act of 1878, known as the Bland-Allision Act.

An Englishman, George T. Morgan, designed the coin to resemble an American woman, rather than the typical Greco-Roman depictions of previously minted coins. In 1921 over 80 million Morgan Silver Dollars were minted after a 18 year hiatus in which the Pittman Act of authorized the U.S. to melt up to 350 million Silver Dollars, of which the U.S. melted over 270 million.