Description: The Coinage Act of 1873 demonetized silver, leading to the demise of the silver dollar. Although Trade dollars were produced from 1873-1878, they were meant for circulation overseas and were not legal tender in America. In response to the sour economic condition that persisted through much of the 1870's, and as a sop to Western suppliers of silver, Congress passed the Bland-Allison Act in 1878. The Act required the U.S. government to purchase large quantities of silver and turn it into silver dollars. Thus, the dollar denomination was restored once again in the form of the Morgan dollar. Named after its designer, George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable. -Ron Guth
Price: 101 USD
Location: Bellingham, Massachusetts
End Time: 2023-11-03T19:32:09.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Certification: NGC
Composition: Silver
Grade: MS 63
Year: 1901
Circulated/Uncirculated: Uncirculated
Strike Type: Business
Mint Location: New Orleans
Country: USA
KM Number: Unknown
Certification №: 1655715-004
Denomination: Dollar
Package weight: 2 oz
