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George T. Morgan $100 Union Silver [175190]

Currency:USD Category:Coins & Paper Money Start Price:30.00 USD Estimated At:60.00 - 100.00 USD
George T. Morgan $100 Union Silver    [175190]

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George T. Morgan's proposed design of the $100 Union 1876, struck as a private issue in 2008. Certified by NGC as gem proof, 1.5 ounces pure silver. Trademarked as the $100 Union. Obverse: Lady Liberty is featured seated on the reverse, dressed in a beautiful period gown and cap, holding an olive branch and scepter, with images of wheat stalks and a ship coming into port beside her, symbolic of commerce. The image is framed by thirteen stars and the inscriptions "LIBERTY" and "1876." Reverse: eagle with wings spread open, standing on a shield, while grasping three arrows and an olive branch in its talons. "UNITED STATES OF AMERICA" inscribed above. While the U. S. Mint struck Pattern pieces of a $50 denomination (called Half Unions) the $100 remained a sketch on paper. This sketch was discovered by Jeff Garrett who was conducting research in 2005 for his book on gold coinage. Following Garretts discovery, the New York Mint obtained a license to produce the coin with a portion of the profit going to the Smithsonian, where Garrett was doing his research.