Morgan & Peace Dollars

฿0.1656

Buy Morgan and Peace Dollars online with Bitcoin (<10k), wire, check, money order. But, first, learn about the Morgan and Peace Dollar

Description

The Morgan Silver Dollar and the Peace Dollar are United States dollar coins minted at different intervals from 1878 to 1935.Named for its designer, the US Mint Assistant Engraver George T. Morgan, these are some of most beautiful national coins ever minted.  Be sure, though, to remember these are not one full ounce of silver. On the obverse, the profile of Liberty. The reverse depicts an eagle with outstretched wings.morgan-silver-dollar

The coins are beautiful, but often overpriced. With Gold Silver Bitcoin, you can ensure getting yourself Morgan and Peace dollars in great condition (AU) for a reasonable price, anytime.

 After the Fourth Coinage Act passed, mining special interests lobbied Congress for the restoration of free coinage.

The Bland-Allison Act instead  required the Treasury to purchase between two and four million dollars worth of silver at market value to be coined into dollar each month.

In 1890, the Bland-Allison Act was repealed by the Sherman Silver Purchase Act. This act required the Treasury to purchase 4,500,000 troy ounce (140,00 kg) of silver each month, but only required further silver dollar production for one year.

In 1898, Congress approved a bill that required all remaining bullion purchased under the Sherman Silver Purchase Act to be coined into silver dollars. By 1904, those silver reserves had been depleted. And so the Mint ceased to strike the Morgan dollar.

Morgan DollarsAnd then, The Pittman Act of 1918 authorized melting and recoining of millions of silver dollars. The Morgan dollars thus resumed mintage for one year in 1921. Later the same year, the design was replaced by the Peace Dollar.

In the early 1960′s, many uncirculated Morgan dollars were made available from Treasury vaults, including issues that were hitherto considered rare. Beginning in the 1970s, the Treasury conducted a sale of silver dollars minted at the Carson City Mint through General Service Administration.

Buy the Morgan and Peace Dollar today with Bitcoin (<10k), wire or check. It’s Your Choice. 

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