the 1878 silver dollar the first Morgan
1878 was the year the first what came to
be known as the Morgan Silver Dollar
we're at the beginning of a modern
United States with technology beginning
to come to the forefront and the need
for a unified system of currency
becoming a necessity Morgan Silver
Dollars were introduced by the
government after the controversy which
led to the free silver act this commited
the government to minting a minimum
amount of silver dollars each year and
they decided to use the commitment to
this to introduce a brand-new silver
dollar coin before the introduction of
this coinage act any silver could be
brought to any mint and made into legal
tender for a small fee this means
bullion producers use less silver than
the face value of the coin and made a
large profit on the difference trade
suffered and the government wanted to
you know regulate this practice George
Morgan was an Englishman and he was
recommended for the the job of designing
the coin
he was an engraver and a sculptor and
was asked to repair the designs
inscriptions and dyes for this brand-new
coin by November of 1887 we're gonna
completed the engravings and prepare the
dyes for the United States Mint
Philadelphia San Francisco Carson City
and New Orleans where the site's chosen
to produced the Morgan Silver Dollar
coins the four mints involved in the
production do not strike the same number
of coins at each site there was a large
disparity in the production of the
silver coins each had its own mint mark
on the reverse side of the coin which
you can see when you're looking at the
coin each had it under the olive branch
the mint marks the coins are the key to
their value Philadelphia coins have no
mint mark Carson City are marked with CC
San Francisco are marked with s and New
Orleans are marked with a production of
the coins was highest at Philadelphia
and Louis at Carson City this means that
Carson City ones are generally more rare
and worth more and vice versa for the
Philadelphia ones if you want to learn
or discover more Morgan Silver Dollars
and other historic silver coins
you can go to historic silver coins calm
where you can find information and you
can even buy these coins if you want to
get them in your possession
check out historic silver coins calm