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The Morgan Silver Dollar Good-Very-Good (G-VG) 1894-G is a numismatic treasure that offers collectors and enthusiasts a glimpse into a captivating chapter of American coinage history. Minted in 1894 at the Philadelphia Mint, this coin is a window into the late 19th century, marked by economic progress and westward expansion. Graded in the G-VG condition, it provides a unique window into its history, intricate design, limited mintage, and its state after decades in circulation.
The history of the Morgan Silver Dollar 1894-G takes us to the historic Philadelphia Mint, a key institution responsible for producing coinage in the United States during the late 19th century. This period was characterized by rapid industrialization and economic prosperity, driving the need for coinage to facilitate commerce and trade. The Morgan Silver Dollar, designed by George T. Morgan, played a pivotal role in meeting this demand. The 1894 issue is a representative of this era, reflecting the economic vibrancy of the time.
The design of the Morgan Silver Dollar is an enduring symbol of American coin artistry. The obverse features Lady Liberty in left-facing profile, her crown adorned with a wreath of wheat and cotton, symbolizing the nation's agricultural abundance. Surrounding her are the inscriptions "E PLURIBUS UNUM" and "LIBERTY," with the year of issue, "1894," displayed prominently at the bottom. On the reverse, a majestic bald eagle with outstretched wings clutches arrows and an olive branch, symbolizing America's readiness for both war and peace. The words "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and the denomination "ONE DOLLAR" complete the design.
The G-VG condition assigned to this coin signifies that it exhibits wear consistent with its age and time spent in circulation. In Good condition, the details of the coin's design are still recognizable but may appear worn. Coins in Very Good condition have more distinct details but still show signs of wear. While not as pristine as Uncirculated specimens, G-VG grade coins offer a tangible connection to history, as they have passed through the hands of many individuals and have seen a bygone era.
The mintage of the 1894-G Morgan Silver Dollar was relatively modest compared to earlier years, contributing to its desirability among collectors. A total of 110,972 of these coins were produced at the Philadelphia Mint in 1894. While this may seem like a substantial number, it's important to consider the historical context and the survival rate of these coins over the decades, which has contributed to their relative scarcity in the present day.
The Morgan Silver Dollar Good-Very-Good (G-VG) 1894-G is more than just a coin; it's a tangible link to the late 19th century, an era of economic growth and westward expansion in the United States. Its intricate design, modest mintage, and G-VG condition make it a prized addition to any coin collection. Whether you're a seasoned collector seeking coins that have stood the test of time or a history enthusiast captivated by the turn of the century, this coin offers a tangible connection to an era when Morgan Silver Dollars played a pivotal role in shaping America's economic landscape.