An 1881 silver dollar typically refers to a Morgan silver dollar minted in 1881. These coins were produced in significant quantities at several U.S. Mint locations, including Philadelphia, New Orleans, Carson City, and San Francisco. The name “James Garfield” connects to this timeframe because he was President of the United States in 1881, although his presidency was tragically cut short by assassination that same year. While these coins aren’t specifically minted with Garfield’s image, their production coincides with his brief period in office, creating a historical association.
The significance of these silver dollars lies in their silver content, historical context, and collectibility. They represent a tangible piece of late 19th-century American history and reflect the economic and political climate of the era. Due to the large mintages of 1881 Morgan dollars, many examples are relatively common in circulated grades, making them accessible to collectors. However, specific mint marks and uncirculated conditions can significantly increase their value. The association with President Garfield, albeit indirect, adds to the coin’s historical allure for collectors interested in presidential or political memorabilia.