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The Certified Morgan Silver Dollar 1887-S MS64 PCGS toned exemplifies the beauty and allure of numismatic treasures from the late 19th century. This coin, minted in 1887 at the San Francisco Mint, is part of the iconic Morgan Dollar series, a testament to America's economic and historical heritage. With its stunning toning and high grade, it stands as a prized collectible in the world of coin enthusiasts.
The Morgan Dollar series owes its existence to the Bland-Allison Act of 1878, which required the United States Treasury to purchase large quantities of silver and convert it into silver dollars. Named after its designer, George T. Morgan, the coin featured a new portrayal of Liberty, adorned with an Americanized Phrygian cap and other symbolic elements.
On the obverse of the coin, Liberty's profile faces left, wearing a Phrygian cap and a crown of wheat and cotton, symbolizing America's agricultural abundance. The word "LIBERTY" adorns the headband, and the year of mintage, "1887," is inscribed below the portrait.
The reverse of the coin showcases an eagle with outstretched wings clutching an olive branch and a bundle of arrows, symbols of peace and preparedness, respectively. Above the eagle, the motto "IN GOD WE TRUST" is emblazoned, while a laurel wreath encircles the bird. The inscriptions "UNITED STATES OF AMERICA" and "ONE DOLLAR" complete the design.
The San Francisco Mint, where this coin was struck, played a significant role in minting Morgan Dollars during the late 19th century. Established in 1854 to support the California Gold Rush, the San Francisco Mint became one of the most productive mints in the United States, producing millions of coins each year.
The mintage figure for the 1887-S Morgan Dollar was substantial, as the San Francisco Mint contributed significantly to the coinage of silver dollars during this period. While exact mintage numbers vary, millions of coins were struck, serving as a vital component of commerce in the late 1800s.
This particular coin has been certified by PCGS (Professional Coin Grading Service) and graded MS64, indicating its Mint State condition with minor imperfections. The toning on the coin adds to its visual appeal, giving it a unique and attractive appearance that collectors often seek.
Coins with toned surfaces are highly sought after by collectors due to their aesthetic appeal and individuality. Toning occurs naturally over time as a result of the coin's exposure to environmental elements, such as air and moisture. The hues and patterns of toning vary, creating distinct and beautiful features on each coin.
In summary, the Certified Morgan Silver Dollar 1887-S MS64 PCGS toned is a captivating representation of America's numismatic history. Its association with the San Francisco Mint, stunning design, high grade, and attractive toning make it a desirable addition to any collection of Morgan Dollars or American coinage.