Price: 850.00 - SOLD - 1/14/2014* Free Shipping and Insurance for coins at $10K or above.
1885-S Morgan Dollar - 1885-S Morgan $1 PCGS MS64. Here is a near-Gem, Western branch mint 1885-S Morgan Dollar that has gorgeous, rich toning and cartwheel luster. It comes in an OGH (old green holder). The coin has an above average strike with full details on the eagles breast. The surfaces are clean for the grade with no notable abrasion marks or other distractions. The light gray and lavender iridescent colors confirm the coins originality.
George T. Morgan designed the Morgan silver dollar, which was issued every year from 1878 to 1904 and then again in 1921. Hundreds of millions of Morgan silver dollars were saved in bags of 1,000 each, in bank vaults because the federal government created artificial demand for them to satisfy the Western silver interests. Some were melted in 1918, but large quantities remained in bank vaults and were later bought by investors and collectors. Because many millions of Morgan silver dollars exist today in the hands of the public, it has become the most widely collected coin of its era.
The design shows a close head of Liberty in profile facing left. She wears a headband inscribed LIBERTY. In her hair are cotton, corn, wheat, and tobacco. She wears a modified Phrygian cap and is surrounded with the motto E PLURIBUS UNUM, thirteen stars (seven left and six right), and the date. The reverse shows an eagle with wings raised looking left. In its talons are arrows and olive branch, symbols of preparedness and peace. A wreath is below and the motto IN GOD WE TRUST is above. Except for the eagles wing tips, UNITED STATES OF AMERICA and ONE DOLLAR circumscribe the design. The mintmark is below the wreath and above the denomination.
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