The 1879 S Morgan Silver Dollar is more than just a coin—it’s a piece of American history encased in silver. Struck at the San Francisco Mint, this specific mint year and location holds a special place in the hearts of numismatists and silver investors alike. With a Brilliant Uncirculated (BU) condition and composed of 90% silver, this coin continues to attract interest due to its historical significance, aesthetic appeal, and investment potential.
Historical Background
The Morgan Silver Dollar was introduced in 1878 and was minted until 1904, then briefly in 1921. Designed by George T. Morgan, this iconic coin was the first standard silver dollar minted after the passage of the Coinage Act of 1873, which ended the free coining of silver. The Morgan Dollar came into existence largely due to the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase a significant amount of silver and turn it into coins. This helped to prop up the struggling silver mining industry at the time.
The 1879 S (San Francisco Mint) issue came during the second year of the Morgan Dollar’s production. San Francisco had a reputation for producing high-quality coinage, and many of the Morgan Dollars from this mint are well-struck and preserved in better-than-average condition. The "S" mint mark can be found below the tail feathers of the eagle on the reverse of the coin, distinguishing it from other mint locations such as Philadelphia, Carson City, and New Orleans.
Design and Aesthetics
George T. Morgan’s design is among the most beloved in American coinage. The obverse of the coin features a profile portrait of Lady Liberty, modeled after Anna Willess Williams, a Philadelphia schoolteacher. Liberty wears a Phrygian cap, symbolizing freedom, adorned with wheat and cotton to represent America's agricultural roots.
The reverse showcases a powerful image of a heraldic eagle clutching arrows and an olive branch, symbolizing both military strength and a desire for peace. The eagle is encircled by the inscriptions “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and the classic motto “IN GOD WE TRUST.”
On a Brilliant Uncirculated specimen, these details remain sharp and well-preserved. Luster is typically present throughout the coin, enhancing its visual appeal. Even under magnification, a BU coin shows no signs of wear on the highest points of the design.
Composition and Specifications
The 1879 S Morgan Dollar is composed of 90% silver and 10% copper. It weighs 26.73 grams and has a diameter of 38.1 mm. The silver content alone makes this coin desirable among investors and collectors alike. With approximately 0.7734 troy ounces of pure silver, it holds intrinsic metal value in addition to its numismatic appeal.
Investment Potential
The 1879 S Morgan Dollar in Brilliant Uncirculated condition represents an ideal blend of historical value and precious metal content. Unlike bullion coins, which derive most of their value from the current price of silver, Morgan Dollars can appreciate based on rarity, condition, and demand from collectors.
The San Francisco Mint generally struck high-quality coins, and many 1879 S specimens remain in excellent condition today. While it is not the rarest Morgan by any means, demand for this date in BU condition remains strong. As the number of original, uncirculated examples continues to dwindle due to time, mishandling, or melting, prices have the potential to increase.
Moreover, the Morgan Dollar series enjoys a large and active collector base. These coins are often collected by date and mintmark, and the 1879 S is a vital component of any complete Morgan Dollar set. Investors often look for coins that have both silver content and collector value, and this coin fits that niche well.
Collectability and Market Demand
The 1879 S Morgan Silver Dollar has maintained consistent interest from both seasoned collectors and new entrants into the numismatic market. Its relatively high mintage ensures availability, but the BU condition narrows the field, offering better long-term potential due to limited pristine specimens.
Collectors value coins that combine beauty, historical interest, and solid investment potential. The 1879 S Morgan checks all these boxes. Because of its established place in American history, its widespread recognition, and its beautiful design, this coin enjoys robust market liquidity. This means if and when an owner decides to sell, there’s typically a ready market for it.
Final Thoughts
The 1879 S Morgan Silver Dollar in Brilliant Uncirculated condition is a standout piece that appeals to collectors and investors alike. It represents a snapshot of 19th-century America—a time of economic transformation, westward expansion, and industrial growth. Its 90% silver composition gives it inherent value, while its place in a beloved coin series ensures ongoing demand.
Whether you're looking to preserve wealth in precious metals, build a historic coin collection, or own a tangible piece of the past, this coin offers a compelling opportunity. Holding one is like holding a piece of American heritage—sturdy, beautiful, and enduring.
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