1896 $1 Morgan Dollar Red Field Collection MS65

Key Features:

• Year: 1896
• Mint Mark: None (Philadelphia Mint)
• Type: Morgan Dollar
• Grade: MS65 (Mint State 65)
• Design:
  • Obverse: The obverse features a stunning depiction of Lady Liberty, with her flowing hair and a Phrygian cap, symbolizing freedom. The design is surrounded by the inscription “E PLURIBUS UNUM” and thirteen stars, representing the original colonies.
  • Reverse: The reverse showcases a powerful bald eagle with outstretched wings, clutching arrows and an olive branch, symbolizing strength and peace. The inscriptions “UNITED STATES OF AMERICA” and “ONE DOLLAR” prominently indicate the coin’s denomination and national identity.
• The Redfield Collection, also known as the Redfield Hoard, is a collection of silver Morgan and Peace dollars that was discovered in Reno, Nevada after the death of LaVere Redfield in 1974
• Condition: With a grade of MS65, this coin is in outstanding condition, featuring sharp details and brilliant luster. It displays minimal wear and distractions, making it a top-tier collectible among Morgan Dollar enthusiasts.

Historical Significance:

The 1896 Morgan Dollar was minted during a time of economic expansion in the United States, following the Panic of 1893. This period saw a resurgence in silver mining and a growing demand for silver coins. The Morgan Dollar series, designed by George T. Morgan, became a symbol of American prosperity and resilience during the late 19th and early 20th centuries.

Collectability:

Morgan Dollars are highly sought after by collectors, and the 1896 coin, particularly in the high grade of MS65, holds significant value in the numismatic market. The combination of its year, minting quality, and the vibrant toning associated with the Red Field Collection makes it an attractive option for both seasoned collectors and newcomers alike. Coins from this collection are recognized for their superior condition and aesthetic appeal, often commanding higher prices in auctions and private sales.

The 1896 $1 Morgan Dollar in MS65 condition is more than just a piece of currency; it is a testament to the artistry of American coinage and a vital piece of the nation’s numismatic history. Whether for display or investment, this coin is a remarkable addition to any collection, celebrating the rich heritage of the Morgan Dollar series and its enduring legacy in American history.