1878 to 1904 MORGAN SILVER DOLLARS: CULLS

1878 to 1904 Morgan Culls

From Culls to MS64, Spring Hill Coin Shop has Morgan Silver Dollars. 1878 – 1904 and 1921!

1878 to 1904 MORGAN CULLS INVENTORY

20 in stock

1878 to 1904 Morgan Culls

1878 to 1904 Morgan Culls

CULL

  • Minted by the United States Mint between 1878 – 1904 and 1921.
  • Contains .7734 oz. of .900 silver.
  • Obverse: Lady Liberty surrounded by 13 Stars.
  • Reverse: American Bald Eagle clutching a quiver of arrows and an olive branch in its talons. Stamped with: “In God We Trust”, “United States of America”, and “One Dollar”.
Cull designation means:

Date and mintmark may or may not be visible.

Rim is worn heavily into the lettering.

Less than 10% of the detail remains.

1878 to 1904 Morgan Culls

Year1878-1904
Mint MarkVaries
Purity.900
ManufacturerUS Mint
Thickness2.85 mm
Diameter38 mm
ConditionBrilliant Uncirculated
Face Value$1
Issuing CountryUnited States
Obverse DesignerGeorge T. Morgan
Reverse DesignerGeorge T. Morgan
Edge DesignReeded
SeriesMorgan Silver Dollar
CoANo
Weight.7734 Troy Ounce
Spring Hill Coin Shop sells 1878 -1904 Morgan Silver Dollar Culls.

About the Morgan Silver Dollar:

1873:

Due to the Coinage Act of 1873 production of the Seated Liberty dollar stopped. American coinage was on a bimetallism standard at the time. But the Coinage Act of 1873 change that. It also ended the free coining of silver. Abolishing the right of silver bullion holders to have their metal struck into fully backed legal tender dollar coins. Why? Well, at the time, silver prices were higher than that of the dollar.

Thus, silver was being hoarded instead of struck into legal coinage worth far less than its inherent value. In turn, the Coin Act of 1873 meant no cashing in on silver bullion. Period. Which meant miners, farmers, and working classes couldn’t pay a lot of debts. No longer able to spin their bullion into coin.

1878:

Until 1878, there wasn’t a standard silver dollar coin in production. That is until the Bland-Allison Act of 1878. Which introduced the Morgan Silver Dollar. Aptly named after its designer, George Morgan. Who just happened to be the United States Mint Assistant Engraver at the time. The Act required the United States Treasury to purchase roughly $2,000,000 – $4,000,000 worth of silver at market value to be coined into dollars each month.

1890:

But like most Acts of the time, they didn’t cherish the lime-light for very long. The Sherman Silver Purchase Act of 1890 repealed the Bland-Allison Act. Which required the Treasury to purchase 4,500,000 troy ounces of silver each month. However, it only required silver dollar coinage for one year.

1893:

By 1893, the story had changed again! Once again repealed.

1898:

But no real action was taken until 1898. Congress approved a bill that required all silver bullion remaining under the Sherman Silver Purchase Act to be coined into silver dollars. When those silver reserves were depleted in 1904, the Mint ceased to strike the Morgan dollar.

CULLS

1878 To 1904 MORGAN CULLS

Similar Listings

BETTER, CULL+ – MORGAN SILVER DOLLARS

This Morgan Silver Dollar has been assessed by Spring Hill Coin Shop as being in good condition and is from years of our choice (1878 – 1904 or 1921, depending on which item is ordered). Coins with a “better/cull+” designation are considered to be in overall a better or good condition above a cull.

CIRCULATED (XF) – MORGAN SILVER DOLLARS

This Morgan Silver Dollar has been assessed by Spring Hill Coin Shop as being in Circulated condition and is from years of our choice (1878 – 1904 or 1921, depending on which item is ordered). Coins with a “circulated” designation are considered to be in good condition, with obvious circulation marks but have mostly avoided the common signs of wear (such as a cull with little to no definition left to the coin).

Better, Cull+ designation means:

Date, mintmark and lettering should be readable.

30-40%% of the detail remains.

Circulated designation means:

Date, mintmark and lettering should be readable.

65 – 75% of the detail remains.

1878 to 1904 Morgan Culls

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Spring Hill, FL 34611

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