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Morgan Dollars

Political pressure, not public demand, brought the Morgan dollar into being. There was no real need for a new silver dollar in the late 1870s; the last previous “cartwheel,” the Liberty Seated dollar, had been legislated out of existence in 1873, and hardly anyone missed it.

Silver-mining interests did miss the dollar, though, and lobbied Congress forcefully for its return. The Comstock Lode in Nevada was yielding huge quantities of silver, with ore worth $36 million being extracted annually. After several futile attempts, the silver forces in Congress—led by Representative Richard (“Silver Dick”) Bland of Missouri—finally succeeded in winning authorization for a new silver dollar when Congress passed the Bland-Allison Act on February 28, 1878. This Act required the Treasury to purchase at market levels between two million and four million troy ounces of silver bullion every month to be coined into dollars. This amounted to a massive subsidy, comi.... (read more)

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1878 7/8TF MORGAN S$1, STRONG. MS66

*QUALITY. STRONG TF. AMAZING COLOR. ONLY 1 GRADED HIGHER.
$12,950.00

1878 7TF MORGAN $1, REVERSE OF 1879. MS66PL

REVERSE OF 1879. JACK LEE PEDIGREE. SOLE HIGHEST PROOFLIKE.
$19,500.00

1878 7TF MORGAN $1, REVERSE OF 1879. MS66

REVERSE OF 1879. SATIN WHITE. TIED FOR HIGHEST GRADED.
$10,950.00

1878 8TF MORGAN S$1. MS66

GEM WHITE. ONLY 6 GRADED HIGHER AT PCGS.
$6,500.00

1878 8TF MORGAN S$1. PR67CA

GEM WHITE CAMEO. ONLY 500 STRUCK. ONLY 1 GRADED HIGHER.
$43,500.00

1879 MORGAN S$1. MS65DM

GEM DEEP CAMEO. JUST 2 GRADED HIGHER AT PCGS.
$15,500.00

1880-CC MORGAN S$1. MS67PL

A SATIN WHITE GEM. TIED WITH ONE OTHER FOR HIGHEST PROOFLIKE
$27,500.00

1880-O MORGAN S$1. MS65

ELIASBERG PEDIGREE. GEM WELL STRUCK.
$19,950.00

1881 MORGAN S$1. MS65DM

GEM WHITE DEEP CAMEO. TIED FOR HIGHEST DMPL GRADED.
$14,950.00

1881-O MORGAN S$1. MS65DM

PCGS SECURE-PLUS. TIED FOR HIGHEST GRADED DMPL.
$18,500.00

1881-O MORGAN S$1. MS66

SATIN WHITE GEM. ONLY 3 COINS GRADED HIGHER.
$19,500.00

1881-O MORGAN S$1. MS65DM

GEM WHITE. TIED FOR HIGHEST GRADED.
$14,950.00

1882-O MORGAN S$1. MS66

GEM SATIN WHITE! ONLY 2 GRADED HIGHER AT NGC.
$6,250.00

1883 MORGAN S$1. MS66DM

GEM WHITE. TIED FOR HIGHEST GRADED.
$8,750.00

1883 MORGAN S$1. PR68CA

GEM WHITE CAMEO. TIED FOR HIGHEST GRADED.
$48,500.00

1883 MORGAN S$1. MS66DM

GEM WHITE DEEP CAMEO. TIED FOR HIGHEST GRADED.
$8,750.00

1884-CC MORGAN S$1. MS67DM

GEM SATIN WHITE PROOFLIKE. TIED FOR HIGHEST GRADED.
$24,000.00

1885 MORGAN S$1. PR68CA

GEM WHITE CAMEO. ONLY 930 STRUCK. JUST 1 GRADED HIGHER.
$43,500.00

1885-S MORGAN S$1. MS65PL

GEM WHITE PROOKLIKE. TIED FOR HIGHEST PL GRADED AT NGC.
$6,250.00

1886 MORGAN S$1. MS68

GEM SATIN WHITE. JUST 3 GRADED HIGHER.
$6,950.00
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