View Image Gallery >

Obverse:

Enlarge

Reverse:

Enlarge

Coin Details

Origin/Country: United States
Design Description: SILVER DOLLARS - MORGAN LIBERTY HEAD
Item Description: $1 1890
Full Grade: NGC MS 62
Owner: stuley

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: Scott's Morgans   Score: 244
Research: NGC Coin Explorer NGC Coin Price Guide
NGC US Coin Census for Morgan Dollars (1878-1921)

Owner Comments:

Passed on July 14, 1890, the Sherman Silver Purchase Act required the federal government to purchase 4.5 million ounces of silver every month. A further blessing for western mine owners, the Sherman Silver Purchase Act supplanted the Bland-Allison Act as the authorizing legislation for the Morgan dollar. The P-mint delivery of this year amounted to more than 16 million coins, but this issue is anything but common at the Gem level of preservation. Bowers (1993) opines that only 400-800 of extant 1890 silver dollars grade MS 65 or finer, but the population figures indicate that the number of Gem survivors is substantially lower.

To follow or send a message to this user,
please log in