Description
MORGAN SILVER DOLLAR FULL SET OF EVERY YEAR 1878 TO 1904 & 1921
The coin slabs are protected by a plastic sleeve. The Coins will come in a Certified Coin Wood Dark Mahogany Finish Thirty-Coin Storage Display Box for Certified or Certified Style Coin Holders PCGS & NGC.
Coins in the pictures are the coins that you will receive. I stand behind all of my items 100%. Their authenticity is guaranteed. Thanks for looking and best of luck in your search and bidding.
Texas_Rare_Coins_and_Currency
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The Morgan dollar was a United States dollar coin minted from 1878 to 1904, and in 1921. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar. The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above the "o" in "Dollar".
The dollar was authorized by the Bland–Allison Act. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin. Instead, the Bland–Allison Act was passed, which required the Treasury to purchase between two and four million dollars' worth of silver at market value to be coined into dollars each month. In 1890, the Bland–Allison Act was repealed by the Sherman Silver Purchase Act, which required the Treasury to purchase 4,500,000 troy ounces (140,000 kg) of silver each month, but only required further silver dollar production for one year. This act, once again, was repealed in 1893.
In 1898, Congress approved a bill that required all remaining bullion purchased under the Sherman Silver Purchase Act to be coined into silver dollars. When those silver reserves were depleted in 1904, the Mint ceased to strike the Morgan dollar. The Pittman Act, passed in 1918, authorized the melting and recoining of millions of silver dollars. Pursuant to the act, Morgan dollars resumed mintage for one year in 1921. The design was replaced by the Peace dollar later the same year.