1890 MORGAN SILVER DOLLAR NGC BU G.T. MORGAN LABEL

Description

The 1890 Morgan Silver Dollar is a significant piece of American numismatic history. Here’s an overview of its features and significance:

Date and Mint Mark:

• Minted in 1890, this coin bears no mint mark, indicating that it was produced at the Philadelphia Mint. Philadelphia Mint coins typically do not feature mint marks unless minted in later years.

Design:

• The obverse of the coin showcases the left-facing portrait of Lady Liberty, wearing a Phrygian cap, symbolizing freedom and liberty. The year of mintage, “1890,” is inscribed below Liberty’s portrait, along with the motto “E PLURIBUS UNUM” (Out of many, one).
• On the reverse side, an eagle with outstretched wings clutches arrows and an olive branch, representing America’s readiness for war and desire for peace, respectively. The national motto, “IN GOD WE TRUST,” is displayed above the eagle, while “UNITED STATES OF AMERICA” and “ONE DOLLAR” encircle the periphery.

NGC Grading and G.T. Morgan Label:

• Certified by NGC as Brilliant Uncirculated (BU), this coin features sharp details and original mint luster. NGC’s grading process ensures the authenticity and quality of the coin.
• The G.T. Morgan Label pays homage to George T. Morgan, the designer of the Morgan Silver Dollar, adding to its historical and numismatic appeal.

Numismatic Value:

• The 1890 Morgan Silver Dollar, particularly in BU condition, holds significant numismatic value. Coins in this state exhibit pristine surfaces and well-defined features, making them highly desirable among collectors.
• As a product of the Philadelphia Mint, which played a pivotal role in American coinage history, coins from this mint carry added significance and collector appeal.

Investment Potential:

• Beyond its numismatic value, the 1890 Morgan Silver Dollar serves as a tangible asset with potential investment benefits. Coins certified by NGC as BU with the G.T. Morgan Label are sought after by collectors and investors alike.
• Over time, coins of exceptional quality have the potential to appreciate in value, making them attractive additions to investment portfolios.

Historical Significance:

• The 1890 Morgan Silver Dollar reflects the economic prosperity and industrial growth of the late 19th century United States. Its design, crafted by George T. Morgan, is emblematic of the nation’s progress during this period.
• As a piece of American history, the coin provides a tangible link to the past and serves as a reminder of the country’s numismatic heritage.

Conclusion: The 1890 Morgan Silver Dollar NGC BU with G.T. Morgan Label is not just a collectible coin but also a significant artifact of American history. Its association with George T. Morgan, the Philadelphia Mint, and the iconic Morgan design ensures its enduring appeal among numismatists and investors.