Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series
Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series
Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series

Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series

Neumann Enterprise

Regular price $40.00 $12.50 Sale

Morgan Silver Dollar

Common Date Morgan Silver Dollar AU/UNC

Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series

Description: Condition: New

Copy Tribute 1893-S Morgan $1 Silver Dollar *KING* of the Morgan Dollar Series

1893-S dollar is the most desirable coin in the Morgan series. Over the years it has acquired a special aura, a fame all its own. The offering of even an MS-60 coin at auction will inevitably cause a flurry of excitement. When an MS-63 or finer coin comes up for bidding, all bets are off-and anything can happen.

Most Mint State 1893-S dollars are well struck, have a pleasing lustre that is a cross between frost and satin, have few bagmarks, and are quite attractive. Probably about 100 to 200 Mint State coins exist, although there are differences of opinion in this regard. Weimar W. White suggested that the total population is no more than 30 coins, and that grading service populations have been inflated by resubmissions.' Wayne Miller estimated that a dozen or so Uncirculated coins came on the market in the eight-year period from 1972 to 1980.

Description:

The first Morgan Dollar was struck on March 11, 1878, at 3:17 pm on Philadelphia's Press #4. That coin, now located at the Rutherford B. Hayes Presidential Library and Museums estate, consisted of 90% silver and 10% copper in metallic content.

Congress had authorized the Morgan Dollar less than two weeks earlier - and five years after legislation made the then-current American dollar coin defunct.

The passing of this coin was not mourned - and, when a new silver dollar arrived in the form of the Morgan Dollar, it was not widely welcomed by the American public. However, this belies the coin's high prestige today. The Morgan Dollar coin was heavy, almost palm-sized and not what would be widely considered a "people's coin." Designed by United States Mint Assistant Engraver George T. Morgan, the coin features a profile portrait of Liberty on its obverse and, on the reverse, the depiction of an eagle with outstretched wings and clasping an olive branch and arrows.

Until 1921, most Morgan Dollars were struck in Philadelphia - though some coins were instead pressed at a small mint in Carson City, Nevada, near the Comstock lode's source. Shortly after the mine came into play, the Carson City mint shut its doors in 1893 - long before production of the Morgan Dollar was halted for the final time in 1922.

Unsurprisingly, in light of this, the Carson City-minted coins are now rare and considered collector's items. While the Philadelphia coins do not feature mint marks, a mark spelling 'CC' appears on the Carson City coins. Morgan Dollar coins were also struck in San Francisco, New Orleans, and Denver, and these coins come with mint marks respectively spelling 'S,' 'O' and 'D.'

Production of the Morgan Dollar initially stopped in 1904, having completed a 25-year run - then statuary for a coin design in the United States. Though over 500 million Morgan Dollars had been minted by this point, the coin had languished in popularity, with circulation mostly limited to the sparsely populated West. Massive stockpiles had gathered by 1918 when over 270 million Morgan Dollars were melted down into wartime silver for Great Britain.

This didn't prevent the coining of a further 86 million Morgan Dollars in 1921; however, the following year, the Peace Dollar, intended to commemorate the end of World War I, took its place. This silver coin's design grew so popular that it stayed as the regular silver dollar - finally putting a decisive end to production of the Morgan Dollar, which ironically developed star status as a result.

The Redfield hoard of Morgan Dollars was bought by dealers, who stimulated interest in the silver coins by gradually dispersing them among collectors. While the Morgan Dollar is disregarded in circulation today, it remains among the most well-known and desired American coins existing.

Features of the Morgan Dollar:  

  • Each coin is 26.73 grams (.859 troy ounces) in weight
  • Each coin comprises 0.77344 troy ounces of silver
  • Each coin is in Almost Uncirculated (AU) or Uncirculated (UNC) condition
  •  
  • Specifications:
  • Purity 90%
  • Metal Silver
  • Face Value $1
  • Exact Certification Raw
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