1898 MORGAN DOLLAR SILVER COIN CO 1607

Item Information

Dimensions (mm) 31.8 x 31.8 x 1.5mm
Weight (carats) 1 carats
Year 1898
Silver Coin

1898 Morgan silver coin is highly collectible by coin dealer s worldwide.

  

This Morgan silver dollar coin is a poor condition circulated coin 

 

Mint silver coin has S  mark were minted  1898 mark S for san Francisco s and silver content silver coin .900 fine silver

 

Date and mint does affect the price of the coin as well as its condition.

MORGAN DOLLAR IS ONE OF THE WORLD COIN COLLECTORS MUST HAVE COIN. 

THIS COIN IS IN CIRCULATED condition as per image

COIN IN IMAGE  IS EXACT COIN ON OFFER

WIKIPEADIA INFORMATION

The Morgan Dollar is a silver United States dollar coin. The dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan’s monogram appears near Lady Liberty’s neck on the obverse. The dollar was authorized by the Bland-Allison Act of 1878. It has a fineness of .900,  giving a total silver content of 0.77344 troy ounces (26.73 grams) per coin.

The Comstock Lode,  one of the greatest silver strikes in history, was discovered in Nevada in the late 1850s. The strike put downward pressure on silver prices worldwide. In 1878 Congress passed the Bland-Allison Act which required the Treasury Department to purchase large amounts of silver, and to strike it as coins. For reasons of economy, the Treasury chose to strike the silver as dollars.

When the dollar was minted in 1878, it was the first dollar issued for American commercial use since the last Seated Liberty Dollar of 1873. The Trade Dollar was minted during this time period but was intended to be used for trade in the Orient. The dollar was continuously minted until 1904 when the supply of dollars in circulation was high and there was an absence of silver bullion. Then in 1918, the Pittman Act called for over 270 million coins to be melted for silver content. In 1921, the coinage of the Morgan Dollar resumed for that year and was replaced by the Peace Dollar commemorative that would become standard issue. Since 1921, many Morgan Dollars have been melted. Melting has mostly occurred when silver prices escalated because these dollars yield silver bullion

You have not bid on this auction.

Audit Information

The Coin Sheriff program allows our members to request an audit on any auction, which is completed by an independent Numismatic Specialist who assesses the accuracy of the item description and pictures.

Request Audit

Pricing & Details

Bid Increment $1
Starting Bid $1
Auction ID 17444
Watchers 3 watching
Viewed 336 times
Starts 1st Apr 2018 5:05pm PDT
Ends 29th Apr 2018 5:05pm PDT

Shipping & Insurance

Provider Shipping Transit
DHL $15.00 10 Days
FedEx $29.00 5 Days
Registered Shipping $15.00 10 Days
Standard Shipping $5.00 28 Days
Shipping Insurance all providers $7.00 (optional)