Morgan Silver Dollar Almost Uncirculated 1882

Knowing the history of your Morgan Silver dollar collection is not only fun to learn but it also gives you a better understanding of how the silver mining business affected the currency history of the US. At the time of production, there were plenty of silver miners that would take their free silver and sell it directly to the US Mint for 100% pure profit. Since this scenario made it hard for the government to keep track of all the silver that was being mined, the Bland-Allison Act was passed in order to ensure the proper production of silver dollars. A couple more acts were passed then repealed after the Bland-Allison act so the Morgan dollar ended its reign in 1904. Another act was passed to use up the rest of the silver in the US reserves as silver dollars so the Morgan was minted for one more year in 1921 then passed the torch to the Peace dollar. Your 1882 Morgan is in almost uncirculated condition, contains 90% of silver and since it was minted in Philadelphia, does not carry a mint-mark.

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• Year: 1882
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