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This item SOLD at 2024 Jun 29 @ 11:07UTC-6 : CST/MDT
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1898 Silver Morgan Dollar- 1oz silver coin with reeded edges, overall real nice condition, there is two small dark spots on the edge of coin other wise real nice for age! details and lettering sharp and clear. From 1794 to 1878 the U.S. Mint never made large numbers of Silver Dollars. This was due to the fact that the Spanish Pieces of Eight were still legal tender in the U.S. up to 1859, and not many more silver dollars were required to fuel commerce. In 1873, a "panic" gripped the nation. This was an economic contraction, or what we now call a Depression. Due to the slowdown in commerce, some members of Congress pushed for the Mint to strike a new Silver Dollar. They felt that by getting these large coins into the hands of Americans, the economy would pick up. So, Congress passed the Bland-Allison Act in 1878, over the veto of President Rutherford Hayes. The law required the U.S. Mint to buy several million dollars worth of silver every month and strike it into Silver Dollars. Mint engraver Charles Morgan designed the new dollar coin. It came to be known as the Morgan Silver Dollar. From 1878 to 1904, and then again in 1921, millions of Morgan Dollars were minted at several mints around the country. The Philadelphia Mint usually struck the largest number of silver dollars, largely due to the fact that it was at the center of the nation's population during this time. Over the years, the quality of their product varied. Sometimes it was excellent, sometimes not so good.
Auction Location:
855 5th street, Penrose, Colorado, 81240, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Additional Fees:
Shipping Details:
We do the best job possible to get your order to you at the lowest possible price, but have you seen shipping rates lately? We are are tier 1 vendor with FedEx and all ammo ships FedEx Ground ORMD. long guns ship FedEx Ground and most pistols ship FedEx OneRate or Express. All purchase will be shipped signature confirmation and insured. All shipping costs are paid by the buyer. We take our time and use expensive packing materials to ensure that you get your order the same way it looked & was described on the website, So we charge from $2.00 - $6.00 additional to shipping cost on each and every box to cover the cost of new gun boxes, bubble wrap, peanuts, tape, labels, etc.. After all, that stuff doesn't grow on trees! Enjoy your purchase! You will receive a separate email from Shipstation with your tracking number(s) We DO NOT OFFER SHIPPING QUOTES!!! Insurance is automatic with FedEx based on declared value.
Preview Date & Times: Preview is online as this is an online only auction.
Checkout Date & Times: Checkout is due the week following the auction
Location: 855 5th st, Penrose, CO 81240
Payment Details:
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*Colorado Sales Tax is payable by buyers liable for tax.
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