1879 Morgan Silver Dollar Coin
The Morgan Silver Dollar is one of the most widely collected
and studied silver coins ever produced by the US government.
Authorized by the
Bland-Allison Act of February 28, 1878, this famous coin gets its name from its
designer
George T. Morgan.
The Morgan dollar's story is a
Cinderella tale: Until the 1960s, it was largely ignored by the public. Since
then, it has become among the most widely pursued and desired of all U. S.
coins.
No other mint evokes the imagery of our American Old West better than the
Carson City Mint. The Carson City Mint produced silver and gold coins with ore
mined from the famous Comstock Lode and other Western mines between 1870 and 1893.
Among the coins struck at this Old West mint was this popular Morgan Silver
Dollar, which, as noted, was named after its designer, George T. Morgan. It has become one of the most collected
silver coins in our history, the Morgan Silver Dollar was first struck in 1878.
Importantly, as interest increases, values for these historical coins increase!
In fact, when Jesse James and his gang robbed
a bank, most of their takings were Morgan Silver Dollars, often called
“Cartwheels” because they were the largest U.S. coins ever minted for
circulation.
Struck in .900 Fine Silver from the famous Comstock Lode, they
were the favorite form of money in the old Wild West.
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