1887-P Morgan Silver Dollar Railroad XF

All Aboard the “Iron Horse”

In 1887, Congress passed the Interstate Commerce Act to reign in the railroad industry. With this law, railroads became the first industry in America subject to federal regulation. The law was enacted due to the public’s demand that Washington do something about the unchecked monopolies the nation’s railroads had created following the Civil War. Among other things, the Act required that railroad rates be “reasonable and just.”

While politicians debated the merits of the new federal law, the average wage paid to workers laying track out West was about one dollar per day – or around $25 in today’s economy. Now you can feel like a regular “Gandy Dancer” laying miles of track on the railroad with this 1887-P Morgan Silver Dollar from the Golden Age of Railroads. Each coin in this offer was struck at the Philadelphia Mint and comes in Extremely Fine (XF) condition with good overall sharpness and full details. Imagine how proud those workers were to receive one of these big silver coins after a hard day’s work – work that relied on songs and chants to establish a dance-like rhythm that synchronized the back-breaking physical labor.

Trains played a central role in the race of westward expansion. In the decades leading up to the Civil War, track was laid all over the United States, and most towns could claim that they were just a short distance from the nearest depot. By the 20th century, railroads crisscrossed the nation carrying passengers and freight, and in doing so became an unrivaled transportation network. Now you can add this unrivaled piece of history to your collection without having to work on the railroad all the live long day!

• 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.

• GRADED IN EXTREMELY FINE CONDITION – This 1887-P Morgan will come in Extremely Fine (XF) condition with good overall sharpness and full details.

• THE CASE OF THE DISAPPEARING MORGANS – While millions of Morgan Silver Dollars were struck from 1887 through 1921, massive silver meltings and the ravages of time have taken their toll. Today coin experts believe that only 15% of all Morgans ever struck remain in existence – and fewer still remain in Choice Uncirculated condition!

There’s no need to rise up early in the morn to get your hands on this coin; just click it to your cart now and you won’t need Dinah to come and blow her horn!