Live auction - fwo_870038 - UNITED STATES OF AMERICA 1 Dollar Morgan 1889 Nouvelle-Orléans - O

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AU50

Estimate :	120 €
Price :	63 €
Maximum bid :	65 €
End of the sale :	24 October 2023 19:42:46
bidders :	3 bidders

Type : 1 Dollar Morgan

Date: 1889

Mint name / Town : Nouvelle-Orléans - O

Quantity minted : 11875000

Metal : silver

Millesimal fineness : 900 ‰

Diameter : 38,10 mm

Orientation dies : 6 h.

Weight : 26,73 g.

Edge : cannelée

Slab

PCGS : AU50

Coments on the condition:

Exemplaire sous coque PCGS AU50

Catalogue references :

KM.19/- - Y.-

Obverse

Obverse legend : E . PLURIBUS . UNUM // 1889.

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