1881-S MORGAN SILVER DOLLAR NGC MS63 PL
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SHOWN FOR YOUR CONSIDERATION IS A VERY DESIRABLE 1881-S MORGAN SILVER DOLLAR. DON'T MISS THIS NGC MS63 PL COLLECTOR COIN. FILL THAT HOLE IN YOUR COLLECTION TODAY .
LIBERTY HEAD OR MORGAN TYPE 1878-1921 The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage in 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-Allision Act. The weight (412 !/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837. George T. Morgan, formerly a pupil of 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. Coinage of the silver dollar was suspended after 1904 when the bullion supply became exhausted. Under provisions of the Pittman Act of 1918, 270,232,722 silver dollars were melted and later, in 1921, coinage of the silver dollar was resumed. The Morgan design, with some... read more