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Inventory:
OUT OF STOCK
- Product ID: 4030
Every year the Morgan was minted, something else happened that would go down in history. In 1882, Thomas Edison started the world's first commercial power plant in NYC this year as well. The 1882 Immigration Act was passed and the first US labor day parade also took place. The Old West outlaw, Jesse James, was assassinated by Robert Ford. Your 1882 Morgan is in fine condition, with heavy wear on the whole surface of the coin, causing the coin to be very smooth. Your coin was also minted at the very first mint facility in the US: the Philadelphia Mint. Philadelphia was the nation's capital at the time so it only made sense the first mint was built there. The Mint Act was passed in 1792 and authorized the opening of the Philly Mint. This act also set the standards for the other mints that would also begin production later on. Because of the Mint Act, we have a symbol of liberty on every coin we make, the coin's denomination is also stamped on the coin, and a decimal system was put in place, based on a dollar unit.