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Inventory:
5 In Stock
- Product ID: 9582
The Philadelphia Mint is the oldest mint in the US, being established in 1792. After the ratification of the Constitution, the Founding Fathers needed to establish a national identity and a means of commerce. At the time, Philadelphia was the capital of the US so it only made sense for the first mint to be built there. The Mint Act was also passed, during this time, to assign coins denominations based on their legal tender or metal fineness. This act also constituted that any coin in the US should feature "an impression emblematic of liberty." Your 1896 Morgan has been minted in Philadelphia, carries no mint mark, and is in brilliant uncirculated condition. NGC, a top competitor of grading agencies, has issued your coin as a MS63. BU coins can receive any grade between MS60-MS70 but Morgans very rarely see a grade higher than a MS65.