The Curious Case of Morgan Dollars: Why 1878–1904 Issues Are Mostly High Grade
The Morgan Dollar, minted from 1878 to 1904 and again in 1921, holds a unique place in American numismatics. Struck in vast quantities to satisfy the demands of silver interests under laws like the Bland-Allison Act and later the Sherman Silver Purchase Act, the coin was never particularly popular in everyday commerce. It was large,…
