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1891-P Morgan and 1924-P Peace Silver Dollars in Holder

markandnancy2012
(2991)
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US $64.99
Approximately£48.94
Condition:
not specified
Circulated
Breathe easy. Free returns.
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Postage:
US $6.00 (approx £4.52) USPS Ground Advantage®.
Located in: Oakwood, Georgia, United States
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Estimated between Thu, 7 Aug and Mon, 11 Aug to 94104
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30 days return. Seller pays for return postage.
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eBay item number:236055238520

Item specifics

Seller notes
“Circulated”
Circulated/Uncirculated
Circulated
Denomination
$1
Coin
Morgan
Grade
Ungraded
Country/Region of Manufacture
United States
Certification
Uncertified

About this product

Product Information

<h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Coinage Context<br/><br/>A new source of silver: The Act of March 3, 1891 directed the secretary of the Treasury to, "as soon as practicable, coin into standard silver dollars the trade dollar bullion and trade dollars now in the Treasury, the expense thereof to be charged to the silver profit fund."! <br/><br/>Conversion of trade dollar bullion to Morgan dollars took place at the Philadelphia and New Orleans mints. Under the Summary of Characteristics listings for 1891 and 1891-O, the specific numbers for mintages under various acts are given. <br/><br/>The Annual Report showed that 1,543,856 1891 Philadelphia Mint dollars and 3,534,6161891-O dollars were struck from reclaimed trade dollar bullion, totaling 5,078,472. These were not specifically identified as to varieties and were mixed with 1891 and 1891-O coinage struck from metal purchased under the Sherman Silver Purchase Act of 1890. <br/><br/>Numismatic Information <br/><br/>Hoard coins: The Federal Reserve released many bags of these in 1954-1955 and again in the late 1950s and very early 1960s (before the massive releases of 1962-1964). There were so many that Harry J. Forman reported that virtually every bank in Philadelphia was loaded with them, and that they were by far the most common dollar date available. The 1891 dollar was not represented in quantity among the dollars released in 1962-1964. By that time, most had been dispersed. Many had acquired light wear and had slipped into the "slider" category. By the mid-1960s the supply had been absorbed by the public and by investors, and the 1891 was no longer considered to be among the most common dates. (The ability of the American public to absorb vast quantities of collectibles has never ceased to amaze me• witness the countless millions of limited-edition silver medals sold by the Franklin Mint in the late 1960s and 1970s.) <br/><br/>Circulated grades: In worn grades the 1891 dollar is not among the commonest dates in the Morgan series, but it is still quite plentiful. <br/><br/>Mint State grades: Striking of 1891 Philadelphia Mint dollars varies from flatly struck to excellent, with the typical coin being in the poorly struck category. While sharply struck, frosty, lustrous coins exist, these are few and far between, especially in higher levels. Some coins have poorly struck obverses and sharp reverses; others have sharp obverses and weak reverses. Most coins have average to below average lustre. As so many die pairs were used to strike 1891 dollars, no single rule applies to all coins. Cherrypicking is strongly advised. <br/><br/>In 1982, Wayne Miller wrote this: "A mediocre bag from a Pennsylvania hoard was sold to one investor in 1979. This date is unpopular at all Mint State levels short of superb gem." John Highfill estimated that the Redfield hoard contained one or more bags of MS-60 and MS-61 coins.<br/><br/>In the late 1980s, Boston dealer Lee J. Bellisario told me that he liked this date, considered it to be a sleeper, and in several months of looking had not been able to find many high-grade pieces. Indeed, the elusive quality of truly high-grade 1891 dollars, such as MS-65, is borne out by high market listings. <br/><br/>Varieties <br/><br/>Circulation strikes:<br/><br/>1. Normal date: Breen-5619. Some obverses have closed 9; others (date heavily repolished or die lightly logotyped) open 9. <br/><br/>2. Doubled Ear: Breen-5620, VAM-2. Originally considered to be scarce by VAM, the variety is now considered to be fairly plentiful; late state, VAM-2A, break below nose, is scarcer. <br/><br/>Dies prepared: Obverse: Unknown; Reverse: Unknown

Product Identifiers

Designer
George T. Morgan
eBay Product ID (ePID)
170429076

Product Key Features

Strike Type
Business
Mint Location
Philadelphia, Pennsylvania, Philadelphia
Composition
90% Silver, 10% Copper
Year
1891

Dimensions

Weight
26.73g

Additional Product Features

Mintage
8693556
Mint
Philadelphia
Denomination
$1
PCGS Number
7204
Diameter
38.1mm
Mint Mark
P
Edge
Reeded

Item description from the seller

About this seller

markandnancy2012

99% positive Feedback4.7K items sold

Joined Apr 2012
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Registered as a private sellerThereby, consumer rights stemming from EU consumer protection law do not apply. eBay buyer protection still applies to most purchases.

Detailed seller ratings

Average for the last 12 months
Accurate description
4.9
Reasonable postage cost
4.9
Delivery time
5.0
Communication
5.0

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  • l***o (81)- Feedback left by buyer.
    Past 6 months
    Verified purchase
    Before purchasing, I asked the seller if they could provide additional photos of the nickel’s obverse and reverse. They replied quickly and sent me the photos I wanted. Buffalo nickels are one of my favorite coin designs. Thus, this nickel is a great addition to my collection. It has exceptional eye appeal with lots of sharp detail (horn, tail, etc). Shipping was fast, and the coin arrived in a protective sleeve. Thank you!
  • _***u (1653)- Feedback left by buyer.
    Past 6 months
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    1964 and 1964-D 25C Washington Quarter Lot of 2 Coins. Quantity : 3. Six Quarters. Order total: $41.97. 6/23/2025. I was worried. The tracking information gave out nonsense! They did arrive. markandnancy2012 (2934) Positive Feedback (last 12 months): 100% Member since: Apr-12-12 in United States. Top-rated seller: One of eBay's most reputable sellers. Consistently delivers outstanding customer service.
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  • p***c (143)- Feedback left by buyer.
    Past 6 months
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    Jeans as described, great price, fast shipping, packaging was great. Great Seller would recommend to anyone, hope to do more business with again. Thanks