morgan

The “1878 Morgan silver dollar 7 tail feathers” designation refers to a specific variety of the initial year of Morgan dollar production. These coins are distinguished by the depiction of seven tail feathers on the eagle featured on the reverse (back) of the coin. This contrasts with later versions which display eight tail feathers. A detailed examination of the reverse is necessary to identify this variety.

The historical significance stems from its being one of the first coins minted under the Bland-Allison Act of 1878, which mandated the purchase of large quantities of silver for coinage. The initial design was quickly modified, leading to the seven-feather variety being produced for a limited time and therefore sought after by collectors. Its importance lies in its role as an early example of the Morgan dollar and a tangible artifact from a period of significant monetary policy change. The relative scarcity compared to other Morgan dollars contributes to its collector interest.

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This particular United States coin, minted in 1901 and composed primarily of silver, represents a significant piece of American numismatic history. It is a tangible artifact from the turn of the century, embodying the economic and artistic trends of that era. Its design features Liberty on the obverse and an eagle on the reverse, iconic symbols of the nation’s ideals.

The coin’s value extends beyond its intrinsic silver content. It holds considerable interest for collectors due to its age, relative rarity (depending on the mint mark and condition), and historical context. It provides a window into the economic landscape of the early 20th century, reflecting the silver standard and the nation’s westward expansion. Moreover, specific mint marks or variations can substantially increase its desirability and market value.

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The coin, minted in the early 20th century, represents a significant period in American numismatic history. Characterized by its distinctive design featuring Lady Liberty on the obverse and an eagle on the reverse, it is composed of 90% silver and 10% copper. Examples of this issue can be found with mint marks indicating their origin at different United States Mint facilities, such as Philadelphia (no mint mark), New Orleans (“O”), San Francisco (“S”), and Denver (“D”, though this mint did not produce them in 1903). Its physical attributes and historical context contribute to its appeal among collectors.

Its desirability stems from several factors, including its silver content, aesthetic appeal, and historical significance. The coin offers insight into the economic and artistic trends of the time. Mint mark variations and condition impact the value and collectibility, rendering each piece a potentially unique artifact. Furthermore, its survival through economic changes and historical events contributes to its enduring fascination.

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