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The Certified Morgan Silver Dollar 1887 MS64 PCGS is a distinguished example of late 19th-century American coinage, encapsulating the artistry and historical significance of the Morgan dollar series. Introduced in 1878, the Morgan dollar became an iconic symbol of American numismatic history, and the 1887 issue represents a particular moment within its storied run. The coin is certified by PCGS as a Mint State 64, indicating its superior condition and high level of preservation.
First struck in 1878, the Morgan silver dollar was designed by George T. Morgan, a British engraver who worked for the United States Mint. The 1887 release is part of a series that was produced to meet the demands of the Bland-Allison Act of 1878, which required the Treasury to purchase and mint large quantities of silver. This legislation aimed to inflate the money supply by introducing silver coins into circulation, a response to the economic challenges of the post-Civil War era. The Morgan dollar, named after its designer, became a symbol of American prosperity and industrial growth during this period.
The design of the 1887 Morgan silver dollar is a testament to George Morgan’s skill as an engraver. The obverse features a detailed and lifelike portrait of Lady Liberty, adorned with a diadem inscribed with "LIBERTY." Her hair is elegantly styled, and she wears a cap, representing both classical and contemporary ideals of freedom. The surrounding inscriptions read "E PLURIBUS UNUM" and "1887," denoting the year of mintage. The reverse design showcases a majestic bald eagle with outstretched wings, clutching an olive branch and arrows, symbolizing peace and strength. The eagle is encircled by a wreath, with the inscriptions "UNITED STATES OF AMERICA" and "ONE DOLLAR" prominently displayed, indicating the coin's denomination and its place within American coinage.
The 1887 Morgan silver dollar was minted at the Philadelphia Mint, and it is distinguished by its quality and craftsmanship. This particular coin is a product of meticulous minting processes, reflecting the high standards of the Philadelphia Mint, which was renowned for its precision and excellence. The mintage of the 1887 Morgan dollar totaled 10,721,000 coins, making it a relatively common date within the series, but the coin’s condition and certification elevate its status among collectors. The large mintage ensures that the coin is widely available, but its preservation in Mint State 64 quality makes it a prized specimen for enthusiasts and investors alike.
The Certified Morgan Silver Dollar 1887 MS64 PCGS boasts a high level of preservation, with its Mint State 64 grade reflecting its exceptional quality. In the MS64 category, the coin displays only minor imperfections and maintains its original luster and sharp details. The grading by PCGS, a leading authority in coin certification, provides assurance of the coin's authenticity and condition. An MS64 grade indicates that the coin has been well-preserved with minimal contact marks or imperfections, allowing collectors to appreciate the intricate details and original beauty of the design.
In terms of condition, the 1887 Morgan silver dollar in MS64 is a remarkable example of late 19th-century coinage. The coin’s surface is smooth, with vibrant luster that enhances its visual appeal. The strike is strong, with clear and well-defined features on both the obverse and reverse. The coin's high grade reflects its careful handling and storage, preserving its original charm and making it a valuable addition to any collection. The absence of significant wear or damage highlights the coin's premium quality, further elevating its desirability among collectors and investors.
The Certified Morgan Silver Dollar 1887 MS64 PCGS is not only a significant piece of American numismatic history but also a testament to the enduring legacy of the Morgan dollar series. Its certification and exceptional condition make it a standout example, reflecting both the artistry of George T. Morgan and the craftsmanship of the Philadelphia Mint. For collectors and enthusiasts, this coin represents a tangible link to America's past, celebrating a period of economic growth and innovation through one of its most iconic and enduring symbols.