Today the 1896 Philadelphia Mint Morgan issue stands out as one of the best buys from the rare decade. Most of the key rarities in the Morgan series are from the 1890s, when mintages plummeted after the repeal of the Silver Purchase Act in 1893. Even when mintages began to rise again late in the decade, they remained relatively low in relation to earlier production numbers. The 1893-1895 BUs generally cost thousands of dollars, but by comparison the 1896 Philadelphia issue is much more affordable, even in this premium quality.
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