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Inventory:
OUT OF STOCK
- Product ID: 4338
The Founding Fathers desired to establish a national continental mint, in order to create a national identity and offer the means to commerce. The Coinage Act of 1792 announced the creation of the Philadelphia Mint. Being the country's capital at the time, Philadelphia housed the first US Mint in history. The Mint Act shortly followed after, giving guidelines to the currency about to be produced. Some guidelines were instituting a decimal system based on a dollar unit, specified metallic composition and fineness, and demanded each US currency coin present "an impression emblematic of liberty." These rules alone have literally changed the face of silver currency and brings sensical meanings as to why Lady Liberty is always on a US coin. Your 1897 Morgan silver dollar carries no mint-mark since it was struck at the Philadelphia mint. Your coin is in very fine condition, exhibiting noticeable wear on Lady Liberty, the cotton leaves, and the eagle on the reverse. Very fine condition is also lacking the original mint luster.