In 1878 Congress passed the Bland-Allison Act. The Act required the U.S. government to purchase large quantities of silver and turn it into silver dollars. Named after its designer, United States Mint Assistant Engraver George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable.
Morgan Dollars were struck without interruption from 1878 to1904, then again in 1921. U.S. Mints that produced Morgan Dollars include Philadelphia, New Orleans, San Francisco, Denver, and Carson City.
It weights 26.73g with 90% silver purity.
I am basically a commemorative collector but I have a few Morgan and Peace dollars, slabbed and not slabbed and I will show you some of them.
This is the 1882-CC Morgan dollar, slabbed by NGC (Numismatic Guaranty Corporation), one of the two largest third-party grading service for coins, tokens and medals (the other is PCGS).
The Carson City Mint, famous for all the tales about the Old West, issued a total of 1,133,000 units and NGC graded 1,290 as MS-65, with 236 graded above. NGC has graded 22,047 coins (1882-CC) in mint state until today (11/10/2019)
The 1882-CC Morgan Dollar is a fairly common date thanks to the Treasury hoards that were sold by the General Services Administration (GSA) in the late 1970's and early 1980's. Literally bags and thousands of coins came on the market but the demand was enough to meet all the supply.
The obverse depicts a profile portrait representing Liberty.
The reverse depicts an eagle with wings outstretched. The mint mark, the famous CC, appears on the reverse above the "o" in "Dollar".
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