April 12, 2024
1879 Morgan Silver Dollar start at 99 Cents with No Reserve
Pricing & History
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You are bidding on one beautiful 1879 Morgan Silver Dollar, Circulated, but in outstanding conditions. See pictures so you can grade this coin. It's silver melt value is over $ 21 on the date of this listing (see ).Shipping and handling with insurance is $ 5.00. No returns. No reserve. The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with the Orient. Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight (412-1/ 2 grains) and fineness (. 900) were to conform with the Act of January 18, 1837. George T. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse on the left-hand loop of the ribbon. Yeoman, R. S.; Bressett, Kenneth (2012-05-12). A Guide Book of United States Coins 2013: The Official Red Book (Kindle Locations 4309-4315). Ingram Distribution. Kindle Edition.
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