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Inventory:
6 In Stock
- Product ID: 4000
Your 1901 Morgan silver dollar was minted at the first mint facility in the US! The Philadelphia Mint was established by the Founding Fathers, who desired to assign the US its own national identity and give it a place among international commerce. The Coinage Act of 1792 claimed the Philadelphia Mint the first US Mint, since it was located in the country's capital at the time. This Coinage Act also instituted a decimal system for the coins being produced, requiring coins' to carry their legal tender and specify their metallic fineness and composition on the coin. It also demanded that "an impression emblematic of liberty" should be prevalent on each US coin minted so that is why Lady Liberty is on all of the US's currency. Morgans minted in 1901 are not hard to find in circulated condition but finding them in a nicer condition, such as this extra fine, can seem like a difficult task.