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Inventory:
7 In Stock
- Product ID: 4174
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." Out of the four original main mints that produced the Morgan silver dollars, only the Philadelphia Mint and the San Francisco Mint are still operating today. Your 1896 Morgan has been minted in Philadelphia, carries no mint mark, and is in good-very good condition. Collectors expect the Morgans in good-very good condition to show a heavy amount of wear, lending to a very smooth surface.