1887 $1 Morgan Silver Dollar NGC MS64

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1887 $1 Morgan Silver Dollar NGC MS64 An 1887 Philadelphia (P) $1 Morgan Silver Dollar graded MS-64 by NGC. This coin displays a vibrant original luster and slight hints of toning on the obverse. Please view our photos for additional information. The total mintage for this date/mintmark: 20,290,000.Morgan Dollars are silver dollars that were minted from 1878-1904, and resumed again in 1921 for that year only. They were the first standardized silver dollars following the production of the Seated Liberty pattern which ended in 1873 due to the Coinage Act of 1873. The Coinage Act of 1873 outlawed all holders of silver bullion to strike their silver into legal tender. In 1878, the Grand Bland Plan otherwise referred to as the 'Bland-Allison Act', was enacted to restore the silver dollar. The bill required the US Treasury Department to purchase between 2-4 million dollars worth of silver bullion and coin them into silver dollars. The fineness of these silver dollars became standardized at 412.5 grains of .900 fine silver, .100 copper, a net weight of .77344 ounces pure silver, and a total weight of 26.73 grams ( 0.942873 oz.) Morgan Dollars as they became known, were designed and named after by the United States Mint assistant engraver George T. Morgan. Morgan's design featured a profiled bust of Liberty on the obverse and an eagle with outstretched wings on the reverse. Furthermore, dates were struck below the bust of liberty and mint marks (when present) are below the wreath on the reverse. George T. Morgan's last initial (M) can be found at the truncation of the neck. His last initial (M) is also found on the reverse on the left hand loop of the ribbon.Payment Information New York State Residents must pay 8.875% sales tax. We only accept PayPal as a form of payment. When bidding on multiple items, if possible please combine all the items into a single payment when you are done bidding. You are allowed a 7 day time period to combine purchases before an unpaid item case will be opened. Payment must be made within 1 week of the conclusion of an auction. Buy It Now listings we ask that you pay for the items immediately after agreeing to the purchase. Shipping Information All shipments are processed within 1 business day of receiving cleared payment. We offer FREE shipping within the United States. Any international orders are shipped through eBay's Global Shipping Program. All orders are shipped via USPS either First Class or Priority Mail. All packages are sent with tracking information which is automatically uploaded to eBay. Any order over $250 requires signature confirmation. We only ship to registered eBay addresses. We do not ship to any drop locations or non USPS mail services such as UPS stores, Mail Boxes Etc. Returns Policy We offer hassle free returns within 14 days which streamlines the process if you are not satisfied with your purchase. 100% satisfaction is our priority, please reach out to us if you have any questions or concerns. Returns will not be accepted on any items that have been tampered with. You cannot use the return policy to cancel a purchase, only items that have been shipped and received are eligible. If a return is requested due to an error on our part, we will pay for return shipping through the hassle free return process; otherwise the buyer is responsible for the cost of return shipping. Certain high value items may have a 10% restocking fee if returned. In such cases this will be specified within the listing. Terms of Sale We do not use any stock photos. We take our own pictures and the item in the picture is the one you will receive. Offers will not be considered on listings unless you use the Make Offer feature, nor will we end a listing early to consider an offer. If you are interested in an item that has been listed for auction please place a bid. We reserve the right to cancel a listing or end an auction at any time if an error is discovered in the listing so it may be corrected. Purchasing bullion and/or coins involves price risk, and the buyer assumes... read more

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