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fwo_1127745 - SILVER INVESTMENT 1 Dollar Morgan 1899 Nouvelle-Orléans

SILVER INVESTMENT 1 Dollar Morgan 1899 Nouvelle-Orléans AU
75.00 €(Approx. 88.50$ | 65.25£)
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Type : 1 Dollar Morgan
Date: 1899
Mint name / Town : Nouvelle-Orléans
Quantity minted : 4440000
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 38,10 mm
Orientation dies : 6 h.
Weight : 26,80 g.
Edge : cannelée
Catalogue references :

Obverse


Obverse legend : E . PLURIBUS . UNUM // (DATE).
Obverse description : tête à gauche de femme symbolisant la Liberté.

Reverse


Reverse legend : UNITED - STATES OF - AMERICA // * ONE DOLLAR *.
Reverse description : aigle aux ailles déployées tenant une branche d’olivier et deux flèches ; couronne de laurier et motto “In God we trust”.

Commentary


En 1873, le « Fourth Coinage act » met fin au bimétallisme et les monnaies en argent sont démonétisées. Cependant dès 1876, de nombreux projets de lois sont proposés afin de réintroduire des dollars en argent. En 1878, Rutherford B. Hayes tente en vain de faire véto au «Bland-Allison Act » au Congrès. Dans cette optique, dès 1876, Henry Linderman, directeur de l'US Mint demande alors à C.W. Fremantle, deputy master de la Royal Mint de Londres, de lui trouver un graveur de coin de premier rang. Ce sera Georges T. Morgan (1845-1925) qui devient assistant graveur auprès du graveur en chef William Barber. Dès 1877, Morgan travaille sur des essais monétaires et prépare son projet de dollar argent. Ainsi en 1878, seulement une semaine après le passage de la loi, l'atelier de Philadelphie frappe des dollars dits « Morgan ». Georges T. Morgan Morgan succèdera à Charles E. Barber (fils de William Barber) en 1917.
In 1873, the Fourth Coinage Act ended bimetallism, and silver coins were demonetized. However, as early as 1876, numerous bills were proposed to reintroduce silver dollars. In 1878, Rutherford B. Hayes unsuccessfully attempted to veto the Bland-Allison Act in Congress. With this in mind, Henry Linderman, director of the U.S. Mint, asked C.W. Fremantle, deputy master of the Royal Mint in London, to find him a top-tier coin engraver. This turned out to be George T. Morgan (1845–1925), who became assistant engraver to chief engraver William Barber. Starting in 1877, Morgan worked on coin trials and prepared his design for a silver dollar. Thus, in 1878, just one week after the passage of the Act, the Philadelphia Mint struck dollars known as \\\"Morgan dollars.\\\" Georges T. Morgan Morgan succeeded Charles E. Barber (son of William Barber) in 1917

Historical background


SILVER INVESTMENT

Investment money is an accessible and reliable alternative to diversify your savings.. As a tangible precious metal, it offers protection against inflation and economic uncertainties. The investment silver coins offered by CGB Numismatique Paris allow you to combine investment and collection..

Among our popular references, discover classics like the 50 Francs Hercules, the Canadian Maple Leafs, or the Austrian Philharmonics. Available in different quantities, they adapt to your budget and your objectives..

A simple and secure process: We offer secure and guaranteed delivery. Payments can be made by credit card or bank transfer, although some transactions may require payment exclusively by bank transfer..
A valid ID (national identity card or passport) will be required to finalize your purchase. Secure and confidential storage: The Investment department of CGB Numismatique Paris provides you with storage solutions offering enhanced security and optimal confidentiality for your gold, palladium and platinum purchases..

Contact us for more information: For any questions or to place an order, please contact our precious metals purchasing/sales manager: by email at j. cornu@cgb. fr or by phone. We provide you with general information and services to support you in your investment projects..

CGB Numismatique Paris acts as a supplier of precious metals and does not provide any investment advice.. The value of precious metals can fluctuate, and past performance is no guarantee of future results.. Purchasing precious metals should be viewed as a value preservation strategy rather than a speculative investment..

In accordance with Article L. 221-28 of the Consumer Code, the right of withdrawal does not apply to purchases of investment silver, the price of which depends on fluctuations in the financial markets..

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