U.S. Morgan silver dollar production, which reached its peak in the 1880s, had severely declined by 1892. In that year, just 1.0 million Morgans were issued by the principal Philadelphia Mint, whose outputs had averaged over 20 million per year in 1887-1889 and over 9 million in 1890-1891. Our sharply detailed Extra Fine quality sells for about 15% of the cost of BUs. Even one-step-up AU quality costs twice as much.
Diameter 38.1mm, Weight 26.73 grams, Composition .900 silver
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