1887 O Morgan Silver Dollar US Commemorative Society Collection

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For Sale: 1 each 1887 O Morgan Silver Dollar, purchased from the Postal Commemorative Society. The inscription on the front reads: This historic $.03 stamp honoring the United States Navy was issued October 27, 1945. The Panel is postmarked January 20, the anniversary of the agreement giving the US exclusive rights to Pearl Harbor. The inscription on the back reads: United States recognition of the Kingdom of Hawaii in 1842 marked the start of an increased American political and business presence in the Hawaiian Islands. The improvement expanded even more with the growth of the local sugar and pineapple industries, which sent their goods primarily to America. Representatives of President Grover Cleveland and King Kalukaua nogtiated a new trade agreement etween the two lands in 1887. Under its terms, the US received exclusive rights to use Pearl Harbor as a repair and coaling station in return for certain trade privileges. At the time, a coral reef blaocking the entrance to the harbor rendered it useless for large ships. However, after the Hawaiian Islands were annexed by the United States in 1898, plans to improve the harbor facilities were implemented. A first class US naval base was extablished at Pearl Harbor in the early 1900's and was attached on the day of infamy that drove the United States into World War II. This historic read more

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