1887/6 Morgan Dollar AU (VAM-2, Overdate, Top-100)
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Product Highlights:
- Each coin contains .7734 oz of pure silver.
- Coins come in protective packaging.
- Commonly identified as VAM-2.
- Obverse: Left facing profile of Liberty. Anna Willess Williams, a teacher and philosophical writer, modeled for this design by George T. Morgan of Lady Liberty.
- Reverse: Features a bald eagle clutching an olive branch in one talon and a bundle of arrows in the other. Surrounding the eagle is "United States of America," "One Dollar," and "In God We Trust."
Protect and display your Morgan Dollar Collection in style by adding an attractive album or holder to your order.
Add this 1887/6 Morgan Dollar AU to your cart today!
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 each month to be minted into Silver coinage.
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