1878 S $1 Morgan Silver Dollar NGC MS62 DPL Deep Proof Like Gen 8.1 Holder #002

Description: Details An 1878 San Francisco Mint (S) Morgan Silver Dollar graded Mint State 62 Deep Proof Like (MS-62 DPL) by NGC in a Generation NGC-8.1 style holder. This piece displays an original vibrant white luster, tinge of yellow toning with darker toning in some areas and glossy fields with excellent frosted devices. The holder shows surface scratches on both the obverse and reverse. The total mintage for this date & mint mark: 9,774,000. Please view our photos for additional information and ask any questions prior to purchase. Morgan Dollars are silver dollars that were minted from 1878-1904, and resumed again in 1921 for that year only. They were the first standardized silver dollars following the production of the Seated Liberty pattern which ended in 1873 due to the Coinage Act of 1873. The Coinage Act of 1873 outlawed all holders of silver bullion to strike their silver into legal tender. In 1878, the Grand Bland Plan otherwise referred to as the ‘Bland-Allison Act’, was enacted to restore the silver dollar. The bill required the US Treasury Department to purchase between 2-4 million dollars worth of silver bullion and coin them into silver dollars. The fineness of these silver dollars became standardized at 412.5 grains of .900 fine silver, .100 copper, a net weight of .77344 ounces pure silver, and a total weight of 26.73 grams ( 0.942873 oz.) Morgan Dollars as they became known, were designed and named after by the United States Mint assistant engraver George T. Morgan. Morgan’s design featured a profiled bust of Liberty on the obverse and an eagle with outstretched wings on the reverse. Furthermore, dates were struck below the bust of liberty and mint marks (when present) are below the wreath on the reverse. George T. Morgan’s last initial (M) can be found at the truncation of the neck. His last initial (M) is also found on the reverse on the left hand loop of the ribbon. Payment Payment Information When bidding on multiple items, if possible please combine all the items into a single payment when you are done bidding. You are allowed a 3 day time period to combine purchases before an unpaid item case will be opened. Payment must be made within 3 days of the conclusion of an auction. Buy It Now listings we ask that you pay for the items immediately after agreeing to the purchase. Shipping Shipping Information All shipments are processed within 1 business day of receiving cleared payment. We offer FREE shipping within the United States. Any international orders are shipped through eBay's Global Shipping Program. We reserve the right to cancel any international orders of $2500 or more due to international shipping restrictions. We offer free shipping on all purchases. Any fees or charges for international customers are charged by and paid directly to eBay. 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Price: 380 USD

Location: Hartsdale, New York

End Time: 2024-08-09T16:10:48.000Z

Shipping Cost: 0 USD