In 1878, the United States Mint resumed silver dollar production after a five-year hiatus. The Coinage Act of 1873 canceled the existing silver dollar, the Seated Liberty Dollar, and production did not restart until 1878. When the coins returned, a new design from George T. Morgan featured on the obverse and reverse. Right now, 1878 Morgan Silver Dollar Coins from the historic Redfield Hoard of Morgan Dollars are available to purchase online at JM Bullion.
Coin Highlights:
- Arrives in protective plastic flips!
- 1st issue of Morgan Silver Dollars!
- Original mintage of 9,759,300 coins!
- Contains .7734 Troy oz of actual silver content in BU condition.
- Bears a face value of $1 (USD) backed by the federal government.
- On the obverse is Lady Liberty.
- The reverse features the heraldic eagle.
Each 1878 Morgan Silver Dollar Coin available here is in Brilliant Uncirculated condition and comes in a protective plastic flip. Redfield Hoard specimens are those Morgan Silver Dollars discovered in a personal hoard of US silver dollars held by LeVere Redfield. Following his death in 1974, some 400 bags containing silver dollars were found in his home.
On the obverse of the 1878 Morgan Silver Dollar Coin, you’ll find a stunning depiction of Lady Liberty, with her hair flowing freely in the wind and a wreath of wheat and cotton adorning her head.
The reverse of the 1878 Morgan Dollar Coin comes with a majestic eagle with wings spread wide, clutching a bundle of arrows and an olive branch in its talons. This design is known as the heraldic eagle and is simple, yet striking, with every detail expertly captured.
The 1878 Morgan Silver Dollar was extremely popular among Americans when it was first issued, and it remains a favorite among coin collectors and investors to this day. The coin’s high silver content, beautiful design, and historical significance make it a valuable addition to any collection or investment portfolio.
If you have any questions, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our live chat, and via our email address.