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Inventory:
1 In Stock
- Product ID: 8933
The Certified Morgan Silver Dollar 1897 MS65 NGC has earned a high grade on the Sheldon Grading Scale and comes encased in an official NGC holder. The Coinage Act of 1792 announced the creation of the Philadelphia Mint. Being the country's capital at the time, Philadelphia housed the first US Mint in history. The Founding Fathers desired to establish a national continental mint, in order to create a national identity and offer the means to commerce. The Mint Act shortly followed after, giving guidelines to the currency about to be produced. Some guidelines were instituting a decimal system based on a dollar unit, specified metallic composition and fineness, and demanded each US currency coin present "an impression emblematic of liberty." These rules alone have literally changed the face of silver currency and brings sensical meanings as to why Lady Liberty is always on a US coin.