Mint Chief Engraver William Barber in the late 1870's. Morgan, a talented British immigrant who was an assistant to U.S. The first coin made under the Bland-Allison Act were the Morgan dollars and was named after the designer, George T. Their efforts were successful and in 1878 Congress passed the Bland-Allison act requiring the Treasury department to purchase silver bullion at the market price in amounts of not less than $2,000,000 and not more than $4,000,000 each month. Needless to say, this infuriated the newly enriched silver miners, and they quickly went to work lobbying Congress for the creation of another silver dollar coin. In 1873, to make room for Trade and gold dollars, the last Seated Liberty dollar was legislated out of existence. Powerful Silver Lobby and the Bland-Allison Act In fact, during its’ peak production between 18, the Comstock Lode produced more gold and silver than the rest of the U.S. government built a mint in the area…the legendary Carson City Mint. ![]() ![]() The Comstock Lode (named after miner Henry Comstock) produced so much silver that the U.S. In 1859, on the eastern slope of Mount Davidson in present day Nevada, the first major deposit of silver ore in the U.S. It truly is one of America's most iconic coins. The Morgan Silver Dollar, issued from 1878-1904 and once again in 1921, has long been considered by many to be the “King of Coins.” Its hefty size, classic beauty and colorful history has made it a highly coveted prize for coin collectors around the world.
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