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Inventory:
OUT OF STOCK
- Product ID: 4268
Learning more about the Morgan's history can make us all appreciate these coins a little bit more. Since silver was being mined and wasn't being taxed, before being sold to the US Mint, there was no inventory check or even an idea of how much silver was coming in. The Bland-Allison Act was passed in order to ensure the proper production of silver dollars. This back and forth game barely ended in 1904, when the Morgan's production stopped. Then, in 1921, the Morgan and Peace dollar were both minted, as a means to an end. Minting silver dollars was deeming more expensive than the actual pay off. Your 1904-O Morgan is in brilliant uncirculated condition and contains 90% of silver, one of the main draws for investors and collectors alike. Your Morgan carries the official New Orleans "O" mint-mark on the reverse of the coin, underneath the eagle's tail feathers.