1878-1882 5-Coin Morgan Dollar "S" Mint Set BU (Capital Plastic)
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$449.99
| Volume Discount Pricing QuickShip® Eligible | |||
|---|---|---|---|
| Quantity |
Check/Wire |
CC/PayPal |
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| Any Quantity | $449.99 | $454.68 | $468.74 |
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Set Highlights:
- Contains a total of 3.867 oz of silver.
- Packaged in a hard plastic screw-down holder, manufactured by Capital Plastics.
- Contains 1 coin from the following year of San Francisco minted Morgan Dollars:
- 1878-S
- 1879-S
- 1880-S
- 1881-S
- 1882-S
- All coins are presented in Brilliant Uncirculated condition. Coins may exhibit minor toning.
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Morgan Silver Dollars
The minting of Silver Morgan Dollars was a result of the Bland-Allison Act that reinstated silver as legal tender in February 1878. Before 1878, production of silver dollars and other silver coinage had been halted under the Coinage Act of 1873, and this left gold as the standard economic unit of account. Silver coins had become devalued for multiple reasons, including the discovery of the largest silver vein in world history. By 1878, Congress decided that U.S. coins should be both silver and gold, and therefore, Congress passed the Bland-Allison Act, which required the U.S. Treasury to purchase a fixed amount of silver each month to be minted into silver coinage.
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