Morgan Silver Dollar Sterling Silver Money Clip
The United States had been without a circulating silver dollar since 1873, when the Morgan Dollar was introduced. Gold coins had filled in until the Bland-Allison Act smoothed the way for an official silver coin. The Morgan Dollar was designed by the U.S. Mint’s chief engraver, George T. Morgan. These coins are so popular that they often are called the “King of America’s coins.” The first year, about 20 million coins were struck at several U.S. mints. However, there were quite a few variations in the coin’s reverse – the tails of some eagles had eight feathers while others had seven. Therefore, Morgans are one of two silver-dollar types analyzed for their VAMs (minute variations caused by different dies used to strike coins).
The Morgan Dollar stopped being minted in 1904 due to the silver shortage but then resumed in 1921. It was also in 1921 that this coin would be replaced by the Peace Dollar.
Front: Features a garlanded Lady Liberty. The use of garlands dates back to the ancient Greek times and was adopted as a symbol of the victory of the redemption.
Reverse: Eagle clutching arrows and an olive branch. The eagle is a representation of courage while the olive branch symbolizes peace and goodwill.
1 3/4" x 1 1/2"
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