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Precious metals

1879-S Morgan Dollar MS-64 PCGS

SKU: APMEX-4522

$197.91$59.3770% OFF

In stock

Product Details

Product Details

Only $189.99 per coin
A magnificent relic of America's Gilded Age, this 1879-S Morgan Dollar, graded MS-64 by PCGS, encapsulates a pivotal era of economic transformation and westward expansion.

America in 1879, already rapidly expanding westward and fueled by a booming silver mining industry, still grappled with the complex economic aftermath of the Civil War. It was against this dynamic backdrop that the iconic Morgan Dollar emerged, a direct result of the Bland-Allison Act, which mandated the Treasury to flood the market with newly minted silver dollars to stabilize the economy. This particular coin, the 1879-S, hails from the San Francisco Mint, the legendary western outpost responsible for turning vast quantities of silver from the Comstock Lode and other mines into circulating currency. Its "S" mint mark is a silent testament to the raw energy and enterprise of the American West.

This stunning example, certified in Mint State-64 by PCGS, showcases the exquisite craftsmanship of its designer, George T. Morgan. A gifted English engraver recruited specifically to elevate American coinage, Morgan poured his artistic vision into every detail. The obverse presents a captivating left-facing profile of Lady Liberty, her Phrygian cap adorned with cotton and wheat, symbols of America's agricultural bounty, and encircled by the thirteen stars of the original colonies. Her likeness was famously modeled by Anna Willess Williams, a Philadelphia schoolteacher, giving Liberty a distinctly American face. Morgan's subtle initial "M" rests at the base of her neck.

Turning to the reverse, a powerful bald eagle commands the field, its wings spread wide, clutching an olive branch of peace and arrows of defense. Above it, the enduring motto "IN GOD WE TRUST" is inscribed, with the denomination "ONE DOLLAR" prominently displayed below, framed within a laurel wreath. The reverse of the 1879-S is particularly noteworthy, with collectors often observing subtle differences in the eagle's depiction, including the "Reverse of 1879" variety, which featured a more rounded breast and a slanted top arrow feather. This coin's journey began at the San Francisco Mint, where a robust mintage of 9,110,000 pieces were struck. Many of these coins were held in Treasury vaults for decades, only to be released in later years, making them a treasure for today's collectors.

Crafted from .900 fine silver, this dollar contains a substantial 0.7734 troy ounces of pure silver, with a total weight of 26.73 grams (approximately 0.859 troy ounces), a diameter of 38.1 mm, and a thickness of 3.1 mm. More than just a beautiful coin, the 1879-S Morgan Dollar is a tangible piece of American history—a testament to national identity, economic policy, and the pioneering spirit of the late 19th century. It offers collectors a unique opportunity to own a piece of the past, representing a time when silver dollars were at the heart of America's burgeoning economy. This coin is for the discerning collector who appreciates the artistry and precious metal content as well as the profound historical narrative embedded within it.

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