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Inventory:
2 In Stock
- Product ID: 4215
Due to the Coinage Act of 1873 the Seated Liberty dollar ceased production, causing the Morgan silver dollar to become the first standard silver dollar minted afterwards. The Bland-Allison Act authorized the minting of the Morgan and demanded that all silver for the dollars be bought at market price. So no more free mining silver. This greatly affected all miners and the direct profit they received mining their own silver. Throughout the Morgan silver dollar's life, there were many acts that were repealed as the government was trying to have more regulations over the silver market. The Morgan silver dollar was stopped in production in 1904 and had one more year in 1921. Your 1881 Morgan has been minted in Philadelphia and carries no mint mark. Your Morgan is considered to be brilliant uncirculated and is close to a MS62 grade. Your coin is packaged in a coin flip for extra protection.