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Inventory:
6 In Stock
- Product ID: 9008
The Coinage Act of 1792 announced the creation of the Philadelphia Mint, due to the Founding Father's desire to establish a means of international commerce. Since it was the nation's capital at the time, Philadelphia housed the first US Mint in history. The Mint Act was passed shortly after, giving guidelines to the currency about to be produced. The Mint Act instituted a decimal system based on a dollar unit, the coins had to specify its metallic composition and fineness. It was also required that each US currency coin should present "an impression emblematic of liberty." Your 1889 roll of Morgan silver dollars is in brilliant uncirculated condition and each coin still glimmers with their original mint luster. Since the Philadelphia Mint was the first to be established, it didn't have to assign its coins a mint-mark. Every mint that has been established since has needed to mark their coins so it is evident where each coin was minted.