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Inventory:
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- Product ID: 10075
The Certified Morgan Silver Dollar 1889 MS65 NGC has earned a high grade on the Sheldon BU grading scale and comes encased in an official NGC holder. The Coinage Act of 1792 announced the creation of the Philadelphia Mint, due to the Founding Father's desire to establish a means of international commerce. The Mint Act was passed shortly after, giving guidelines to the currency about to be produced. The Mint Act instituted a decimal system based on a dollar unit, the coins had to specify its metallic composition and fineness. It was also required that each US currency coin should present "an impression emblematic of liberty." Since Philadelphia was the capital at the time, the first mint was established in the center of it.