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Inventory:
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- Product ID: 3880
Morgan silver dollars not only carry numismatic value, they also hold important history pertaining to the US and the minting of silver dollars. The Seated Liberty dollar's production ceased, due to the Coinage Act of 1873, allowing the Morgan silver dollar to become the first standard silver dollar minted after the Seated Liberty. Since all silver miners received direct profit from mining the silver, there was no way to tell how much silver was being sold. The Bland-Allison Act authorized the minting of the Morgan and demanded that all silver sold to the US Mint would be used for the silver dollars. This act also gave the US Mint deadlines as to how many silver dollars they need to produce a year. This was only one of many bills repealed as the government was trying to have more regulations over the silver market. Your 1888 Morgan has been minted in Philadelphia and carries no mint mark. Your Morgan is considered to be almost uncirculated and may contain slight wear on the surface of the coin.