Struck by the principal mint in the first decade of the Morgan series, less than 10% of this issue's mintage is estimated to survive today in our nicely detailed Very Fine quality or better. That year more Morgan dollars were produced than any other coin denomination. But many were held in reserve and later lost in government melts. Philadelphia Morgan mintages rose considerably in succeeding issues of the 1880s. At the time, just one Morgan silver dollar could pay for a boat trip from New York to Boston ̴̐ and another bought a day's room and board when you arrived. Very Fine quality.