1889 Morgan Silver Dollar - Philadelphia (P) - Atlanta Rainbow Hoard

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1889 Morgan Silver Dollar - Philadelphia (P) - Atlanta Rainbow Hoard - ANACS MS63 - Call 1-800-997-9845 for more!

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Our Price: $199.95

Year: 1889
Mint(s): Philadelphia
Composition: 90% Silver
Diameter: 38.1 mm
Mintage: 21,726,000

Quantity in Stock:1
Product Code: 26668

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Description

The Morgan Dollar is considered by many the "True" coin of the fabled Wild West. Made out of nearly 1 full ounce of .900 pure silver from the famous Comstock Lode silver discovery. It was 1st struck in 1878 and continued until 1904 and then again for one final year in 1921.

This Morgan dollar was struck at the Philadelphia Mint, America's main mint, oldest and most historic Mint.

The Philadelphia Mint produced 53.42 % of all Morgan dollars issued between 1878 and 1921 The Philadelphia Mint Morgan does not bear a Mint Mark like the branch mints. A Philadelphia Mint Morgan dollar can be determined by looking on the back of the coin below the Eagle...NO mint mark is present above the letters "O" and "L" in the word "Dollar".

What is a "Rainbow" Morgan Dollar?

When collector's store their coins, they place them in special holders, rolls, albums, drawers, etc. As these coins age within their collector's chosen method of storage, their packaging and environment slowly colorize the coins. This colorization results in multiple, unique coins all bearing the "Rainbow Effect" featuring all the different colors of the spectrum. Most "Rainbow" Morgan Silver Dollars are colorized on only one side while a select few were stored in just the right conditions to result in the "Rainbow Effect" on both sides of the coin.

The Atlanta Hoard

Weren't we surprised to find, in Atlanta of all places, a treasure trove of Mint Morgans! All in graded & certified uncirculated condition!.

This 1889 Philadelphia Mint Morgan dollar is ranked number 95 with a mintage of 21,726,811. It also holds the place of 27th out of 29 from Morgan dollars made at the Philadelphia Mint.

This Philadelphia Mint Morgan dollar is in Mint State 63. It has been held by a bank or a private individual since the day it was struck, never being released into circulated.

This item will arrive to you enclosed in a protective felt pouch.

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