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1887 GOLD DOLLAR - TYPE 3 GOLD DOLLAR
1887 Gold Dollar

1887 Gold Dollar - The 1887 Gold Dollar had a low mintage of 7,500 pieces. However, it is one of the most common for the type. Over 1,000 coins have been certified by both major grading services, and most of them are in Mint State grades. Almost all are prooflike that can easily be confused with proof issues.

Specifications:
Edge: Reeded
Weight: 1.672 grams (25.8 grains) (.0538 troy ounces)
Diameter: 15 millimeters
Composition: 90% gold; 10% copper
Gold Content: 1.505 grams (23.22 grains) (.0484 troy ounces)

In 1887 the Dawes Act was passed. It authorized the President to divide Indian tribal land into allotments for individual Indians. Its purpose was to assimilate Indians into American society. Tribal governments and jurisdiction of Indian land were abolished.

It ended with the “New Deal” for the Indians under Franklin Roosevelt. The Indian Reorganization Act included renewing their rights to reorganize their own governments.

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1887 Gold Dollar Information about 1887 Gold Dollar


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