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The Morgan dollar was created in response to the passage of the Bland-Allison Act of 1878. After the five-year depression following the Panic of 1873, so-called "Silverites" proposed a bimetallic standard that would see silver coined into dollars at the former gold-to-silver ratio of 16:1. The Silverites felt that this act would help reinflate the dollar after the Panic of 1873.
George T. Morgan, an assistant engraver at the Philadelphia Mint, produced the winning design for the dollar; hence, it is referred to by his name. Anna Willess Williams modelled for Morgan as Lady Liberty. He said that her profile was the most perfect he had ever seen.
The SilverTowne Mint has become well known for producing high quality, affordable, bullion products with exceptional purity standards. SilverTowne specializes in custom minting and offers a wide range of designs. Originally starting as a small antique and coin shop, SilverTowne has grown to become one of the largest private mints in North America.
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Unlike other precious metal dealers, SchiffGold works with our customers on a one on one basis to make sure you’re getting the service you deserve.