The Fascinating History of the Morgan Silver Dollar
The Morgan Silver Dollar is one of the most iconic coins in American history. It was minted from 1878 to 1904 and again in 1921. The coin was designed by George T. Morgan, an English engraver who was hired by the United States Mint in 1876. Since its inception, the Morgan Silver Dollar has become a symbol of American pride and a popular collectible item. Here is a look at the fascinating history of this iconic coin.
Early Production and Design
The first Morgan Silver Dollars were minted in 1878 and were made from 90% silver and 10% copper. The obverse side of the coin features a profile of Lady Liberty with her hair tied up in a bun, while the reverse side features an eagle with outstretched wings clutching arrows and an olive branch. The words “E Pluribus Unum” are inscribed on both sides of the coin, along with “United States of America” on the obverse side and “One Dollar” on the reverse side.
Popularity During World War I
The popularity of the Morgan Silver Dollar grew during World War I when it became a symbol of patriotism for many Americans. The coins were widely used as currency during this time, as well as being collected by many people as a way to show their support for their country. This popularity continued into the 1920s when millions of these coins were produced at several mints across the United States.
Final Years and Legacy
In 1921, production of the Morgan Silver Dollar ceased due to rising silver prices and declining demand for silver coins. However, its legacy has lived on over the years as it remains one of America’s most beloved coins. Today, it is still highly sought after by collectors all over the world and can fetch high prices at auctions or online marketplaces.
The Morgan Silver Dollar is an important part of American history that continues to captivate people all over the world. Its unique design and interesting backstory make it an iconic piece that will remain popular for years to come.
This text was generated using a large language model, and select text has been reviewed and moderated for purposes such as readability.
