lIn response to the sour economic condition that persisted through much of the 1870's, and as a subsidy for Western silver miners, Congress passed the Bland-Allison Act in 1878. The Act required the U.S. government to purchase large quantities of silver and turn it into silver dollars. Thus, the dollar denomination was restored once again in the form of the Morgan dollar. Named after its designer, George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable. Morgan Dollars were struck without interruption from 1878-1904, & then again in 1921. Mints that produced Morgan Dollars include Philadelphia, New Orleans, San Francisco, Denver, and Carson City. Mintmarks for all mints except Philadelphia were placed on the reverse of the coins just beneath the ribbon bow of the wreath. These are stock photos of a very similar coin. The "stock photos" used for all of our listings should be viewed as an indicator of the quality of the item you will receive. The actual item you receive is guaranteed to be as described and depicted. This auction offers an 1878 Morgan Dollar, minted in the first year of the series, in Good/Very Good [G/4-VG/8] condition. It is the scarce 7 Tailfeathers variety, with reverse of 1878. Mintage: 4,900,000.
The authorised South African distributor of this product is under no obligation to honour the manufacture's guarantees/warranties or to provide after-sales service.
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