Gold Dollar - The 1878 Gold Dollar had a very small
mintage of 3,000. It is very rare in gem grades. Most pieces
are well struck and have prooflike surfaces. In MS66 and
above 12 examples have been certified by both grading services.
In 1878 the Bland-Allison Act was passed.
It required the treasury to coin a certain amount of silver
dollars from domestic silver production.
Because of the Bland-Allison Act, which
required the treasury to produce two to four million dollars
worth of silver to be made into dollars each month, the
Morgan silver dollar was issued. It was minted from 1878
to 1904 and then again in 1921.