Key Features:
- Year: 1897
- Mint Mark: None (Philadelphia Mint)
- Type: Morgan Dollar
- Grade: MS65 (Mint State 65)
Design:
- Obverse: The obverse features the iconic portrait of Lady Liberty, designed by George T. Morgan. Liberty is depicted with her hair flowing gracefully, adorned with a Phrygian cap, a symbol of freedom. The surrounding text reads “E PLURIBUS UNUM” and includes thirteen stars, representing the original colonies.
- Reverse: The reverse design features a majestic bald eagle, wings outstretched, holding a bundle of arrows and an olive branch. The inscriptions “UNITED STATES OF AMERICA” and “ONE DOLLAR” denote its 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, the 1897 Morgan Dollar is in outstanding condition, displaying sharp details, brilliant luster, and minimal signs of wear or distraction. This high grade indicates that the coin has been well-preserved, making it an excellent choice for serious collectors.
Historical Significance:
The 1897 Morgan Dollar was minted during a period of economic recovery following the severe Panic of 1893. The demand for silver coins grew as the nation expanded westward, and the Morgan Dollar became a symbol of American prosperity during the late 19th century. The coin’s design reflects the ideals of liberty and strength, resonating with the values of the time.
Collectability:
Morgan Dollars are highly sought after by collectors, and the 1897 coin, particularly in MS65 condition, is especially desirable in the numismatic market. The combination of its year, minting quality, and the striking toning associated with the Red Field Collection elevates its appeal. Coins from this collection are recognized for their superior condition and aesthetic charm, often commanding higher prices at auctions and private sales.
The 1897 $1 Morgan Dollar in MS65 condition represents more than just currency; it is a testament to American artistry and a vital part of the nation’s numismatic heritage. Whether for display or investment, this coin is a distinguished addition to any collection, celebrating the rich history of the Morgan Dollar series and its lasting impact on American culture.
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