That meant that Morgan dollars were produced in large volumes. And that silver was to be used to make coins. It committed the Treasury to buying between 2 and 4 million dollars’ worth of silver every month. Its creation went alongside the passage of new legislation, the Bland-Allison Act, which became law in 1878. Each coin had a diameter of 1.5 inches and weighed just under 27 grams. It was made from silver, with one tenth copper included in the mix to make it more resilient. The Morgan dollar replaced the Standing Liberty dollar. Its nickname comes from the man who designed both the obverse and reverse, an Englishman called George T. Step this way to find out more … 1879 Silver Dollar Value Chartġ879 was only the second year of the minting of what became known as the Morgan dollar. We’re going to look at the 1879 silver dollar value, as well as its history and key features. So how much is one of these coins worth? And what key criteria determine its value? That’s what we’re here to find out!
1879 was the second year of issue of one of the world’s most collectible coins, the Morgan silver dollar.
