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The 1893-S Morgan dollar is a United States dollar coin struck in 1893 at the San Francisco Mint.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 United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States .
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.
On "Pawn Stars" Rick Harrison had to spend a pretty penny ... to get a pretty silver dollar. A 1922 High-Relief Proof Coin to be exact. A coin expert told Rick and the seller that it's, "one of ...
In 1890, the price of silver dipped to $1.16 per ounce. By the end of the year, it had fallen to $0.69. By December 1894, the price had dropped to $0.60. On November 1, 1895, US mints halted production of silver coins, and the government closed the Carson City Mint. Banks discouraged the use of silver dollars. [5]
The American trade dollar therefore had to contain more silver, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful.
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