Description
- 1878-1904) Morgan Silver Dollars (BU) The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with the Orient.-Perfect experience George T. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight (412-1/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837. Dear, this old Coin is made of copper; the old Coin is plated with 925 sterling silver. This product is handmade crafts. It is not a tradable silver coin, but it is worth your permanent collection. It also appears on the reverse on the left-hand loop of the ribbon. Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. Under provisions of the Pittman Act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar was resumed.[Perfect experience]
It will be your best collection!Dear, old coin is collected from the antique shop, I can't make sure that each piece is real, if you can't accept this fact, please don't buy it!