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Precious metals

1879 Morgan Dollar MS-63 PCGS

SKU: APMEX-11250

$223.96$67.1970% OFF

In stock

Product Details

Product Details

A relic from America's Gilded Age, the 1879 Morgan Dollar in MS-63 PCGS certification offers collectors a glimpse into a nation grappling with economic recovery and monetary policy.

The year 1879 marked a significant chapter in American history, as the nation emerged from the "Long Depression" and sought to stabilize its burgeoning economy. Born from the Bland-Allison Act of 1878, a legislative response to the contentious "Crime of '73" and the demands of silver mining interests, the Morgan Dollar was more than just currency; it was a promise of prosperity and a symbol of a nation's resolve.

This particular 1879 Morgan Dollar, graded MS-63 by PCGS, stands as a finely preserved testament to that complex period. Crafted at the Philadelphia Mint, as indicated by the absence of a mint mark, this dollar has a significant original mintage of 14,806,000 pieces. However, its survival in Mint State condition like this PCGS MS-63 example speaks to its enduring appeal and careful preservation over the decades.

The coin itself weighs 26.73 grams, with a diameter of 38.1 mm and a thickness of 3.1 mm, precisely the specifications for this storied denomination. It is composed of .900 fine silver and .100 copper, containing 0.7734 troy ounces of pure silver—a substantial amount for its time.

The coin’s designer, George T. Morgan, an English-born engraver recruited to the U.S. Mint, imbued his design with profound symbolism. The obverse majestically presents a left-facing profile of Lady Liberty, her features modeled by Philadelphia schoolteacher Anna Willess Williams. She wears a Phrygian cap, signifying freedom, adorned with cotton blossoms and wheat, representing America's rich agricultural bounty. Above her is the national motto "E PLURIBUS UNUM," while thirteen stars encircle the field, symbolizing the original colonies. The reverse features a powerful bald eagle with outstretched wings, clutching arrows of war and an olive branch of peace, encircled by the inscriptions "UNITED STATES OF AMERICA," "ONE DOLLAR," and "IN GOD WE TRUST."

This piece is for the discerning collector who appreciates not only the artistry and precious metal content but also the deep historical narrative etched into every detail of a coin that helped shape a nation.

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