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The Certified Morgan Silver Dollar 1882-S MS64PL ANACS is a standout piece in the revered series of Morgan Silver Dollars, minted at the San Francisco Mint. This specific coin, rated MS64PL by the American Numismatic Association Certification Service (ANACS), showcases both mint state condition and proof-like characteristics, making it an exceptionally desirable item for collectors. The "S" mint mark and its near-gem quality highlight its exceptional origins and preservation, which have captivated numismatists and collectors alike.
George T. Morgan, an English-born engraver, designed the Morgan Silver Dollar, which was first introduced in 1878. His approach was revolutionary, opting to use an American woman as his model for Lady Liberty rather than the more traditional Greek-style figures that had previously adorned U.S. coinage. On the coin's obverse, Liberty is depicted wearing a Phrygian cap, symbolizing freedom and the pursuit of liberty, surrounded by the inscriptions "E PLURIBUS UNUM," the date of minting, and thirteen stars representing the original colonies. The reverse features an eagle with outstretched wings, clutching an olive branch and arrows, set against a wreath, symbolizing peace and readiness for war, respectively, along with the inscriptions "UNITED STATES OF AMERICA" and "ONE DOLLAR."
The San Francisco Mint's production of the Morgan Dollar in 1882 was part of a broader national effort to incorporate the vast silver outputs from the Comstock Lode into the economy. This integration was facilitated by the Bland-Allison Act, which required the U.S. Treasury to purchase and mint large quantities of silver, boosting the economy and supporting the mining industry. The 1882-S Morgan Dollar represents a significant period of American history, characterized by rapid economic expansion and the increasing importance of the West in national affairs. This mintage is especially noted for its high quality and fine detail, typical of San Francisco Mint productions.
The MS64PL grade indicates that this coin is preserved in near-gem condition, with strong luster and minimal marks that do not detract from its stunning visual appeal. The 'PL' (Proof-Like) designation is given to coins that exhibit mirror-like qualities similar to those found on proof coins, which are specially minted for collectors. This proof-like appearance is rare for circulation coins and adds a significant level of collectability, highlighting the sharpness of Morgan's design and the skilled craftsmanship of the mint at the time.
The certification by ANACS, a leading coin grading authority, provides assurance of the coin's authenticity and quality. ANACS is known for its rigorous grading standards, which help to maintain the integrity and value of collectible coins. The certification ensures that the coin is recognized for its true condition and preserves its historical and monetary value, making it a trusted piece for investment and collection. The combination of its high grade, proof-like features, and certification makes this 1881-S Morgan Dollar a highly sought-after piece among collectors and enthusiasts.
In conclusion, the Certified Morgan Silver Dollar 1882-S MS64PL ANACS not only reflects a high point in American numismatics but also embodies the rich historical narrative of the United States during the late 19th century. Its excellent preservation, combined with its proof-like quality and the storied production at the San Drake Mint, makes it a particularly valuable and attractive piece for anyone interested in U.S. coinage. Collecting such a coin offers a direct link to the period of America's silver boom and the expansive economic policies of the time, providing a tangible connection to the past that is both educational and financially rewarding.