1877-S Trade Dollar & 1891-O Morgan Silver Dollar 2-pc Set NGC MS60–MS63

These 1877 Trade Dollars Became These 1891 Morgans!

For just six years from 1873 to 1878, the U.S. Mint struck a special silver Trade Dollar, a coin that was never intended for circulation in the United States. Instead, it was meant to circulate overseas to compete with other major world coins. While most of these coins were sent to China and the Far East, many made their way back home. Those coins that did return, however, were often damaged by “chop” marks stamped into them by Chinese merchants after their weight and value were verified. They also proved to be a headache for American consumers when used for commerce because they often traded for less than a dollar. The coins were officially demonetized in 1876 and circulation strikes were discontinued altogether in 1878. The final blow to America’s short-lived Trade Dollar occurred in 1891 when Congress approved the Trade Dollar Recoinage Act that authorized the government to reclaim silver from the 7.69 million Trade Dollars it had on hand and use it to strike Morgan Silver Dollars!

Remarkable Pieces Of American Numismatic History

Here you can get your hands on BOTH coins—an 1877 Trade Dollar struck at the San Francisco Mint and an 1891 Morgan Silver Dollar struck at the New Orleans mint with silver reclaimed from the government’s supply of Trade Dollars! Not only is each coin a remarkable piece of American numismatic history, but they’ve been certified, graded, and encapsulated by the Numismatic Guaranty Company (NGC). The 1877-S Trade Dollar has been graded in Uncirculated Mint State-60 (MS60) condition while the 1891-O Morgan Dollar has been graded as being in Choice Uncirculated Mint State-63 (MS63) condition.

Two Concurrent Dollar Designs

Struck in 27.22 grams of highly pure 90% fine silver, the Trade Dollar was slightly heavier than a Morgan Dollar. It also featured an attractive design created by U.S. Mint Chief Engraver William Barber that depicted Liberty offering an olive branch across the sea while seated next to bales of wheat and other American traded goods. The reverse showed an American Bald Eagle, its wings spread, holding three arrows in its right talon and an olive branch in its left. The Morgan Silver Dollar—so named for its designer, U.S. Mint Assistant Engraver George T. Morgan—has stood the test of time. Struck from 1878 to 1904 and again in 1921, it was the coin of America’s “Wild West” and jingled in the coin purses of gamblers, gunfighters, soldiers, and dance hall girls. Morgan’s historic design depicts a profile of Lady Liberty on the obverse while the reverse features an eagle with outstretched wings

Add The Legacy Of These Fascinating Coins To Your Collection

This spectacular 1877-S Trade Dollar & 1891-O Morgan Silver Dollar Two-Piece Set will come beautifully housed in a deluxe presentation case and accompanied by an authentic 19th century California newspaper and an 1875–1876 Louisiana “Baby” Bond note. Most U.S. Silver Dollar collections have a Morgan, a Peace, and a Silver Eagle, but are sadly missing this important piece. Don’t let your collection stand incomplete; secure this two-piece Trade and Morgan Silver Dollar Set now because with just one set available, it won’t be around for long!

COIN HIGHLIGHTS:

• STRUCK FOR CIRCULATION OVERSEAS – The U.S. Trade dollar was struck from 1873 to 1878 and was intended for circulation overseas as a way to establish trade and compete with other major world coins.
• AMERICA’S MOST POPULAR COIN – The Morgan Silver Dollar—so named for its designer, U.S. Mint Assistant Engraver George T. Morgan—has stood the test of time. Struck from 1878-1904 and again in 1921, it was the coin of America’s “Wild West” and jingled in the coin purses of gamblers, gunfighters, soldiers, and dance hall girls.
• STRUCK IN HIGHLY PURE SILVER – Each U.S. Trade Dollar was struck in 27.22 grams of highly pure 90% fine silver—about 1.8% heavier than the Morgan Silver Dollar, which was struck in 26.73 grams of 90% fine silver
• LEGAL-TENDER COINS – While Trade Dollars were demonetized in 1876, they continued to circulate in America, particularly in the West, where they were accepted for less than their one-dollar face value. Morgans were $1 legal tender and circulated widely in the West, where coins were overwhelmingly preferred over paper currency.
• HIGH-GRADE UNCIRCULATED CONDITION – Your 1877-S Silver Trade Dollar has been graded by the Numismatic Guaranty Company (NGC) in Uncirculated Mint State-60 (MS60) condition and your 1891-O Morgan Silver Dollar has been graded by NGC in Choice Uncirculated Mint State-63 (MS63) condition.
• THE CASE OF THE DISAPPEARING MORGANS – While millions of Morgan Silver Dollars were struck from 1878 through 1921, massive silver meltings and the ravages of time have taken their toll. Today coin experts believe that only 15% of all Morgans ever struck remain in existence!

At more than 130 years old, these vintage coins are an important part of America’s history. Add the legacy of these fascinating coins to your collection now!