1887 Morgan Dollar Silver Coin | PCGS MS66 Grade | A Masterpiece of American History
A timeless American icon: the Morgan Dollar
Arguably the most iconic silver coin in modern United States history is the Morgan Dollar. Issued from 1878 to 1904 and reissued in 1921, this series is known for symbolizing the spirit of the American West, the rise of industry, and a period of national expansion.
This is a Morgan dollar issued in 1887 and is in excellent condition, graded MS66 (Mint State 66) by PCGS.
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The Background of the Morgan Dollar: The Industrial Revolution and the Expansion of the United States
In the second half of the 19th century, America's silver production rapidly increased along with the expansion of the West. In 1873, a policy known as the "Crime of 1873" temporarily halted free minting, but the subsequent "Bland-Allison Act of 1878" made it legal for the government to purchase a certain amount of silver and mint silver coins.
This is how the Morgan dollar was born. The coin was designed by the British sculptor George T. Morgan. It was named after him and is still beloved by collectors around the world.
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Obverse design: Symbolism in the profile of Liberty
The obverse of the coin features the profile of Liberty (Statue of Liberty) wearing a Greek-style helmet. This is not just a symbol of freedom, but a modern female figure that symbolizes the "will and strength of freedom."
Liberty has a wreath of cotton and wheat braided in her hair, a meaningful reference to the agricultural products that underpin the economies of the North and South, and the United States motto, "E PLURIBUS UNUM" (Out of many, one), inscribed on top.
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Reverse design: American eagle and national pride
The reverse features an American bald eagle with its wings outstretched, holding an olive branch and an arrow in its talons, symbolizing "peace and readiness for war."
This design is a motif that symbolizes American strength, independence, and national unity, and embodies the core of the American spirit, which can still be seen on US dollar bills and various medals.
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Specification information (specifications)
• Year of publication: 1887
• Country of issue: United States
• Face value: $1
• Metallic material: 90% silver, 10% copper
• Weight: 26.73 grams
• Diameter: 38.1 mm
• Thickness: 2.4 mm
• Mint: Philadelphia Mint (no mintmark)
• Certification and Grading Agency: PCGS (Professional Coin Grading Service)
• Grade: MS66 (Mint State 66)
• Condition: Almost unused, in excellent condition. Excellent gloss and stamping. Comes in a slab case.
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PCGS MS66 Grade Rarity
PCGS (Professional Coin Grading Service) is one of the world's largest third-party appraisal agencies, and strictly evaluates the authenticity and condition of coins. This Morgan dollar has been graded by PCGS as MS66, which is the very highest standard even among Mint State coins.
There are very few 1887 Morgan dollars on the market that are graded MS66 or higher, making this one highly prized in the collector's market.
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Appeal as a collection and investment target
The Morgan dollar is more than just an "old coin." It is also a symbol of American economic, social, political, and artistic life from the late 19th and early 20th centuries. Its appeal includes:
• High cultural value supported by historical background
• High liquidity due to a global collector base
• Possibility of price increase due to scarcity
• A design that also has the appeal of a work of art
For this reason, it is highly popular not only among investors seeking to preserve their assets, but also among collectors who love art and history.
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Relationship with silver price
Morgan dollars, which contain 90% silver, are also attracting attention as an asset linked to the price of bullion. In particular, the importance of holding gold and silver has been reaffirmed amid the recent instability and inflationary trends in the global economy. Another attractive feature is that they also act as a bullion coin, supporting prices.
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Historical value × Artistic perfection × Asset value
This 1887 Morgan Dollar (PCGS MS66) is a piece that truly embodies the history, culture, economy, and art of America, and can be described as "minted history." Beautifully preserved and ready to pass on its value to the future, this silver coin is a collectible that deserves to be owned by someone who truly appreciates its value.
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Message from GoldSilverJapan
At GoldSilverJapan, we treasure not just the value of the metal, but also the "piece of history." This 1887 Morgan Dollar, with its lustrous silver, is a masterpiece that conveys the pulse of America to the present day. We hope you will add it to your collection as a piece that will be passed down for generations.
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[Recommended for the following people]
• Those who want to start collecting authentic antique coins
• People who are fascinated by American history
• Those who want to hold high-grade silver coins as investment assets.
• Those looking for a "real and valuable legacy" to leave for future generations
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You can hear the pulse of American history and freedom from this album.
We present here the 1887 Morgan Dollar.
