1878-S Morgan Silver Dollar BU

Product Description: 1878-S Morgan Silver Dollar BU

The Morgan Silver Dollar BU (Brilliant Uncirculated condition), is a remarkable coin. Crafted nearly a century ago by the esteemed US Mint, each coin embodies approximately .7734 troy ounces of 90% pure silver, retaining its historical value and allure. While dormant in production for over 90 years, it retains its legal tender status of $1 in the United States.

Coin Highlights:

• Safely arrives in a protective plastic flip, ensuring its preservation.
• Minted in 1878
• From the San Francisco Mint
• “S” Mint Morgan Dollar
• First Year Issue – First year of the iconic Morgan Dollar Coin
• Maintains an BU condition, upholding its historical significance.
• Endorses a face value of $1 (USD), supported by the federal government.
• The obverse showcases a captivating left-profile portrait of Liberty.
• The reverse elegantly depicts the majestic American bald eagle.
• Skillfully designed by the esteemed George T. Morgan.

The Morgan Silver Dollar BU stands as an iconic emblem of the US Mint’s legacy, originating during a pivotal era in the mining industry when the Treasury was expected to freely coin silver. This exceptional coin series emerged in 1878, replacing its predecessor, the Seated Liberty Dollar, following congressional mandates and the Bland-Allison Act.

The narrative surrounding the Morgan Silver Dollar is intricate, originating from the legislation that mandated the Treasury’s monthly purchase of a set monetary value of silver, which shifted under the Sherman Silver Purchase Act to a fixed weight of silver.

Crafted under the purview of George T. Morgan, the coin’s obverse showcases the enduring left-profile image of Lady Liberty, while the reverse displays the powerful American bald eagle. Production spanned from 1878 to 1904, concluding with the depletion of silver obtained through the Sherman Silver Purchase Act. A brief resurgence occurred in 1921, maintaining the original design.

Its obverse encapsulates Lady Liberty encircled by “E Pluribus Unum” and the year of mintage, while the reverse features the iconic bald eagle amid the phrases “United States of America” and “One Dollar.”