1903 Morgan Silver Dollar $1 NGC MS 62

1903 Morgan Silver Dollar $1 NGC MS 62

The 1903 Morgan Silver Dollar $1 NGC MS 62, available now at Bullion Exchanges, is a classic piece of American numismatic history. Graded MS 62 by NGC, this coin represents a well-preserved example of the iconic Morgan Dollar series, a favorite among collectors and investors alike. The 1903 Morgan Dollar is renowned for its exquisite design and historical significance, making it a valuable addition to any coin collection.

Following the discovery of the Comstock Lode, the market experienced an influx of silver, prompting the U.S. government to intervene by passing the Bland-Allison Act. This legislation required the government to purchase silver at market value and mint it into silver dollars, leading to the creation of the Morgan Silver Dollar series. Due to the large quantity produced, many of these coins were stored in the Treasury's vaults for decades and gradually released to the public beginning in the 1960s. This staggered release makes it challenging to find and collect every issue, adding to their allure for collectors. With their rich history and enduring appeal, Morgan Silver Dollars are a valuable and fascinating addition to any collection.

Coin Features:

• Graded as MS 62 by NGC
• Made from .900 pure silver with a weight of 0.7734 troy oz
• Legal tender backed by US government
• Carries a face value of $1
• Coin is placed inside NGC holder
• Obverse: Left facing portrait of Lady Liberty wearing a Liberty Cap with “LIBERTY” inscribed on the ribbon. The cap is decorated with two heads of wheat and two cotton blossoms. 13 Stars, “E PLURIBUS UNUM” and Year of Mintage encircle the main device. Designed by George T. Morgan.
• Reverse: Features a George T. Morgan design of majestic bald eagle with outstretched wings clutching olive branch and arrows in its talons to symbolize peace and preparedness. Inscriptions - “UNITED STATES OF AMERICA,” “ONE DOLLAR,” “IN GOD WE TRUST.”

The 1903 Morgan Silver Dollar $1 NGC MS 62 is particularly notable for its historical context, being part of a series that was minted during a time of economic growth and change in the United States. Secure this timeless piece today at Bullion Exchanges and enrich your collection with a symbol of America's numismatic legacy. If you have any questions or need assistance, our knowledgeable customer service team is here to help.