1898 Morgan Dollar MS-63 NGC (Green Label)

Product Details

A true classic of American coinage, the 1898 Morgan Dollar in MS-63 NGC condition offers a gleaming window into the nation's late 19th-century economic and artistic aspirations.

America at the turn of the 20th century existed in an era of rapid industrial expansion, westward growth, and spirited debates over the nation's financial future. The 1898 Morgan Dollar emerges from this vibrant period, a tangible piece of history minted by the United States government as it grappled with the implications of the Bland-Allison Act and the Sherman Silver Purchase Act. Each coin tells a story of the "Silverites" and "Goldbugs," capturing the economic philosophies that shaped a nation.

This particular 1898 Morgan Dollar, graded MS-63 by NGC, represents a splendid example of numismatic preservation. Struck at the venerable Philadelphia Mint (distinguished by the absence of a mint mark, as was customary for the "Mother Mint"), it contributes to a mintage figure of 5,884,000 for that year. While a substantial mintage, each surviving piece carries the weight of its journey through time, from the federal vaults to the hands of collectors today. It is composed of .900 fine silver and .100 copper, giving it a total weight of 26.73 grams and containing precisely 0.7734 troy ounces of pure silver, with a diameter of 38.1 mm and a thickness of 3.1 mm.

The artistry of George T. Morgan, a British-born engraver who became the seventh Chief Engraver of the U.S. Mint, shines through every detail of this dollar. The obverse features his iconic rendition of Lady Liberty, a profile said to be modeled by Philadelphia schoolteacher Anna Willess Williams. She wears a Phrygian cap, symbolizing freedom, adorned with agricultural emblems of cotton and wheat, and encircled by the motto “E PLURIBUS UNUM,” the date, and thirteen stars. The reverse presents a majestic bald eagle with outstretched wings, clutching an olive branch of peace and arrows of strength, boldly proclaiming “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and the denomination, “ONE DOLLAR.” This coin is for the collector who not only appreciates the inherent value of precious metals but also seeks a profound connection to American heritage, investing in a piece that echoes the nation's dynamic past and enduring spirit.