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1878-1887 Morgan Silver Dollar 10 Piece Set NGC MS65 Pittman Act
High-Grade Morgans that Escaped Pittman’s Melting Pots
On April 23, 1918, the Pittman Act was enacted. A Law sponsored by Nevada Senator Key Pittman, it directed the government of the United states to collect massive quantities of U.S. silver dollars and melt them down, both for sales to Great Britain, and for the striking of new U.S. silver dollars.
At the time, the Morgan Silver Dollar was still in use, having been struck from silver mined from the famous Comstock Lode in the days of the Wild West. Hundreds of millions of these coins were struck, but thanks to the Pittman Act, hundreds of millions were bought up by the U.S. government and melted down. This single act, plus the ravages of time and circulation, has led experts to believe that as little as 15% of all Morgans still exist today in any condition.
For the 100th anniversary of the Pittman Act, we’ve secured a Morgan set containing TEN Morgan Silver Dollars that survived the Pittman Act – and more than a century – in high-grade Mint State-65 Brilliant Uncirculated condition. This set of Morgans includes mintmarks from the Philadelphia, New Orleans and San Francisco Mints, including the first five Morgans struck at the San Francisco Mint! Each coin comes in a Numismatic Guaranty Corporation (NGC) holder with an exclusive Pittman Act label. Your set will also be accompanied by the book Morgan Dollar by Miles Standish, story booklets about the historic U.S. Mints and the Comstock Lode, and a Morgan checklist.
It’s been estimated that perhaps only 15% of all Morgan ever struck remain in existence today thanks to the ravages of time and mass meltings such as the Pittman Act. Few still exist in the high grade that these coins are graded in. Don’t wait for this offer to melt away – secure yours now!
- AMERICA’S MOST POPULAR COIN – The Morgan Silver Dollar – so named for its designer, U.S. Mint Assistant Engraver George T. Morgan – has stood the test of time. Struck from 1878-1904 and again in 1921, it was the coin of America’s “Wild West” and jingled in the coin purses of gamblers, gunfighters, soldiers and dance hall girls.
- BIG SILVER COINS – Struck in 26.73 grams of 90% silver, the Morgan Silver Dollar is a big coin 38.1 mm in diameter. When this coin was plunked down on a counter, its weight meant real money, pure and simple.
- CLASSIC DESIGNS – Morgan’s historic design depicts a profile of Lady Liberty on the obverse while the reverse features an eagle with outstretched wings. The model used for Liberty was Miss Anna Williams of Philadelphia, who Morgan declared to have the most perfect feminine profile he had ever seen.
- FAMOUS MINT MARKS – This 10-piece set includes consecutive date runs from three of the mints that struck the coin: 1878-1882-S, 1883-1885-O, and 1886-1887-P. The Morgans from the Philadelphia Mint are unique because with a few exceptions, mint marks are excluded from coinage struck there. That’s because when the Mint first began striking coins, it was the only U.S. Mint and there was no need to provide a distinguishing mark to differentiate coins made there. When branch mints were opened, they were given identifying marks or letters that served to denote their place of origin.
- FABULOUS NGC UNCIRCULATED CONDITION – Collectors value Morgan Silver Dollars both for their historical importance as well as their beauty. That’s why when coins such as these well-struck NGC-graded Mint State-65 (MS65) coins are discovered they are highly prized by coin collectors.
The total amount of Morgan Silver Dollars has seen significant evaporation into both collections and the melting pot. Once our supply of 1878-1887 Morgan Sets disappears, there’s no telling when – or even if – they’ll be offered again. Secure one in your cart today!
|Year of Issue||1887, 1886, 1885, 1884, 1883, 1882, 1881, 1880, 1879, 1878|
|Mint Name||U.S. Mint|
|Coin Weight||26.73 Grams - g, 267.3 Grams - g|