Key Features Design: Obverse: Features Lady Liberty wearing a Phrygian cap adorned with wheat and cotton, symbolizing agricultural abundance and freedom. Designed by George T. Morgan. Reverse: Depicts a bald eagle with outstretched wings, holding an olive branch and arrows, symbolizing peace and strength. Inscriptions: “E PLURIBUS UNUM,” “UNITED STATES OF AMERICA,” and “ONE DOLLAR.” Specifications: Composition: 90% silver, 10% copper. Weight: 26.73 grams (0.7734 troy ounces of silver). Diameter: 38.1 mm. Edge: Reeded. Mint Marks: Produced at: Philadelphia (No mintmark) – 2,822,000 minted. Grading and Condition PCGS MS64 (Mint State 64): Indicates uncirculated quality, with no wear from circulation. Luster: Strong, with full mint brilliance. Marks: Minor contact marks or abrasions visible under magnification, but overall eye appeal remains excellent. MS64 coins are considered high-grade collector coins, just below gem quality (MS65 or higher). Historical Significance Late 19th-Century Coinage: The Morgan Dollar was struck as part of the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase silver and mint it into dollars. The 1897 issue reflects the height of the Silver Dollar era, which symbolized U.S. economic strength during the late 1800s. Philadelphia Mint: Coins struck at the Philadelphia Mint (no mintmark) tend to have better strikes and finer details due to the mint’s higher-quality equipment.
