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1882 $1 Morgan Silver Dollar
Condition:
Ended: May 22, 2024 08:57:06 SGT
Postage:
Located in: Oakvale, West Virginia, United States
Delivery:
Estimated between Thu, 6 Jun and Mon, 10 Jun to 43230
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eBay item number:145776498746
Item specifics
- Denomination
- $1
- Country/Region of Manufacture
- United States
- Coin
- Morgan
- Circulated/Uncirculated
- Circulated
- Grade
- XF 45
- Certification
- ANACS
- Composition
- 90% Silver, 10% Copper
- Year
- 1882
- Strike Type
- Business
- Mint Location
- Philadelphia, Pennsylvania, Philadelphia
About this product
Product Information
<h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Numismatic Information <br/><br/>Hoard coins: Mint State coins have been common for many years, even before the Treasury release of 1962-1964. Many of this date were stored at the Philadelphia Mint and also by the Federal Reserve System. However, by now it is probably the case that most original mint-sealed bags have been broken open and dispersed. <br/><br/>Circulated grades: The 1882 dollar is very common in worn grades, and relatively little numismatic attention is paid to it. Many were melted in the 1970s during the run-up in silver bullion prices. At the time there was virtually no numismatic demand for a worn 1882 dollar.<br/> <br/>Mint State grades: Most Mint State coins are in the range of MS-60 to MS-63. Such coins are apt to show numerous bagmarks from long-time storage and moving in bags. <br/><br/>At the MS-64 level, 30,000 or more exist. Only in MS-65 or better grade does the circulation strike 1882 Morgan dollar become scarce; only about 3,500 to 5,000 are estimated to remain. <br/><br/>The typical 1882 dollar is apt to have an average to above average strike, but quality varies; weakly defined specimens also exist. Once again, this is an issue which the buyer should cherrypick for quality. <br/><br/>Prooflike coins: Semi-prooflike coins are found with some frequency on the market, but true prooflike coins are scarce. Most of the latter have little contrast between the devices and the fields. Probably, 2,500 or more remain, mostly in lower grades. When found, prooflike coins are apt to be heavily bagmarked. DMPL coins are slightly less often found. Only a few in each category are in grades of MS-65 or higher. <br/><br/>Varieties <br/><br/>Circulation strikes:<br/><br/>1. Normal date: Breen-5565. Most of the 56 obverse and 58 reverse circulation strike dies were probably used. Filled 2 (VAM-IB) is much less common than clear 2; open 2 (knob and tail free of middle stroke) is much less common than closed 2 (knob and tail touch middle stroke). At least 10 obverses show partly or wholly repunched dates. 19 circulation strike varieties are described by VAM.<br/><br/>Dies prepared: Obverse: 56; Reverse: 58 <br/><br/>Circulation strike mintage: 11,100,000 <br/><br/>Estimated quantity melted: Unknown, but millions under the 1918 Pittman Act and later, including during the run-up in silver prices in the late 1970s. <br/><br/>Availability of prooflike coins: True prooflike coins are elusive, although semi-prooflike specimens are numerous. DMPL specimens are slightly scarcer than PL examples. <br/><br/>Characteristics of striking: Most seen are fairly well struck. However, flatly struck pieces exist as do average strikes. <br/><br/>Known hoards of Mint State coins: Large numbers were held by the Treasury and released in the 1950s and in 1962-1964 as well as in prior years. <br/><br/>Commentary <br/><br/>1882 silver dollars are very common in circulated grades as well as lower Mint State levels, but in MS- 65 they are scarce. <br/><br/>Silver Dollar News Items <br/><br/>The Annual Report of the Director of the Mint, 1882, included several references to silver dollars and the various mints, among which were these items: <br/><br/>The average price paid during the year for silver bullion was $1.0215 per standard ounce (.900 fine). In New York the selling price of silver during the year was $1.13799 per fine ounce (.999 fine) or $1.02419 per standard ounce
Product Identifiers
Designer
George T. Morgan
eBay Product ID (ePID)
170413165
Product Key Features
Strike Type
Business
Mint Location
Philadelphia, Pennsylvania, Philadelphia
Composition
90% Silver, 10% Copper
Year
1882
Dimensions
Weight
26.73g
Additional Product Features
Mintage
111
EDGE
Reeded
Mint
Philadelphia
Denomination
$1
PCGS Number
7132
Diameter
38.1mm
Mint Mark
P
Item description from the seller
Seller assumes all responsibility for this listing.
eBay item number:145776498746
Postage and handling
Item location:
Oakvale, West Virginia, United States
Post to:
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| Postage and handling | To | Service | Delivery*See Delivery notes |
|---|---|---|---|
| US $6.00 (approx S$ 8.11) | United States | Standard Postage (USPS Ground Advantage®) | Estimated between Thu, 6 Jun and Mon, 10 Jun to 43230 |
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