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1 Oz Copper Medallion - Morgan Dollar - Proof Like
Code : 9054050
Our Price : $2.99
     
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Overview
Morgan Dollar - 1oz Copper Medallion The Morgan Dollar is considered by many to be the "True" coin of the fabled Wild West. It was first struck in 1878 through 1904, and then again for one final year in 1904. It was the first standard silver dollar minted since production of the previous design, the Seated Liberty dollar, ceased due to the passaged of the Coinage Act of 1873, which also ended the free coining of silver. The coin is named for its designer, Untied States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, while the reverse depicts an eagle with wings outstretched. In 1898, Congress approved a bill that required all remaining bullion purchased under the Sherman Silver Purchase Act to be coined into silver dollars. When those silver reserves were depleted in 1904, the Mint ceased to strike the Morgan Dollar. The Pittman Act, passed in 1918 authorized the melting and recoining of millions of silver dollars. Pursuant to the act, Morgan dollars resumed mintage for one final year in 1921, when it was replaced by the Peace Dollar.
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