The 1889-P Morgan Silver Dollar is a classic and highly popular U.S. coin designed by George T. Morgan. Struck at the Philadelphia Mint, it carries no mintmark and was part of a large mintage issuance of approximately 21.7 million coins. The coin contains 0.7734 troy ounces of 90% pure silver, weighs 26.73 grams, and measures 38.1 mm in diameter.
The obverse features Lady Liberty wearing a Phrygian cap adorned with the word “LIBERTY” on her headband, surrounded by thirteen stars representing the original colonies and the motto “E PLURIBUS UNUM.” The reverse showcases a powerful bald eagle with outstretched wings clutching an olive branch and arrows, symbolizing peace and readiness for war. Inscriptions include “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”
A “MONSTER TARGET TONED” 1889-P Morgan Silver Dollar means the coin exhibits outstanding natural toning, often with vivid, colorful hues that enhance the coin’s visual appeal. This kind of toning develops naturally over time due to the silver’s exposure to certain environmental conditions and can include shades of blue, purple, gold, and orange. Such coins are highly prized by collectors for their aesthetic beauty and originality.
Despite high mintage, 1889-P Morgans in brilliant uncirculated or high mint state condition are relatively rare due to silver melt-downs and wear over time. Collectors value coins with original surfaces, full detail, and attractive toning, especially ones graded MS63 and above.
In summary, the 1889-P Morgan Silver Dollar with monster target toning is a stunning and valuable coin, combining classic design, substantial silver content, and captivating natural colors that make it a prized piece in any collection.