Only $3,095.00 per coin This rare Proof 1885 Morgan Dollar has been certified as PF-61 by ANACS. In 1885, only 930 Proof Morgan Dollars were struck- and only 230 are estimated to remain! This coin is a true numismatic rarity and would be the centerpiece of any Morgan Dollar Set!
Coin Highlights: - Contains .7734 oz of Silver.
- This coin has a mintage of 930.
- This coin has gorgeous deep-blue toning on the Obverse and Reverse.
- ANACS has authenticated this coin and guarantees the grade as PF-61.
- Obverse: Left facing profile of Liberty. Anna Willess Williams, a teacher and philosophical writer, modeled for this design of Lady Liberty by George T. Morgan.
- Reverse: Features a bald eagle clutching an olive branch in one talon and a bundle of arrows in the other. Surrounding the eagle is "United States of America," "One Dollar," and "In God We Trust."
- Coins from the Philadelphia Mint do not feature a mint mark.
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Morgan Silver Dollars
The minting of Silver Morgan Dollars was a result of the Bland-Allison Act that reinstated Silver as legal tender in February 1878. Before 1878, production of Silver Dollars and other Silver coinage had been halted under the Coinage Act of 1873, and this left Gold as the standard economic unit of account. Silver coins had become devalued for multiple reasons, including the discovery of the largest Silver vein in world history. By 1878, Congress decided that U.S. coins should be both Silver and Gold, and therefore, Congress passed the Bland-Allison Act, which required the U.S. Treasury to purchase a fixed amount of silver each month to be minted into Silver coinage.
