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It is the lowest mintage business strike Morgan dollar in the series. The 1893-S is considered to be a key date in the Morgan dollar series: examples of the coin in both mint state and in circulated condition are valuable. The high value of the coin has made it a target for counterfeiters. Many fake 1893-S Morgan dollars have been created.
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
3.6 Morgan dollar (1878–1904, 1921, ... The dollar coin is a United States coin with a face value of one United States dollar. ... CC: Carson City, Nevada ...
In 1883, members of the New York Mercantile Exchange petitioned Congress to allow redemption of the coins by the government. [39] [40] The Carson City Mint's trade dollar ledger book. Bullion prices continued to drop through the 1880s, increasing the loss by anyone forced to sell at melt value after accepting a trade dollar at face value. [40]
F. B. Rogers Silver Co. was a silversmithing company founded in Shelburne Falls, Massachusetts in 1883. It was acquired by Edmund W. Porter and L.B. West, who incorporated the company and moved manufacturing operations to Taunton, Massachusetts in 1886.
Depending on conditions. Coins that have very low eye appeal will be affected as the market value of these coins cannot warrant a higher grade. [30] Carbon streaks MS64 and lower Carbon streaks are a flaw caused by environmental conditions. Some contributing factors include coin storage in a damp place, or exposure to cigar or cigarette smoke. [31]
The Coinage Act of 1873 or Mint Act of 1873 was a general revision of laws relating to the Mint of the United States.By ending the right of holders of silver bullion to have it coined into standard silver dollars, while allowing holders of gold to continue to have their bullion made into money, the act created a gold standard by default.
An 1883 postal note of Homer Lee Bank Note Co., Philadelphia 7 Sept 1883. Postal notes were the specialized money order successors to the United States Department of the Treasury's postage and fractional currency. They were created so Americans could safely and inexpensively (for a three cent fee) send sums of money under $5 to distant places. [1]
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