The Morgan dollar was a United States dollar coin minted from 1878 to 1904, and again in 1921. It was the first standard silver dollar minted since production of the previous design, the Seated Liberty dollar, which ceased due to the passage of the Coinage Act of 1873, which also ended the free coining of silver. In 1892, the Philadelphia Mint struck a mere 1,036,000 Silver Morgan dollars and less than a fraction of a percent have received the AU58 grade by NGC. This coin is beautifully struck and will make a great addition to your collection. Furthermore, this piece has been by the Certified Acceptance Corporation. CAC holds coins to a higher standard so collectors can be confident in the value of their pieces. They are a third party that verifies previously graded coins and award their sticker only to those coins that meet the standard for today’s selective buyer.