United States. Morgan Dollar 1892-S "keydate"

USA - Rare Morgan dollar 1892-S low mintage

KM# 110 • 26.73 g., 0.900 Silver 0.7734 oz. ASW, 38.1 mm. • Obv. Legend: E • PLURIBUS • UNUM Rev. Legend: UNITED STATES OF AMERICA Designer: George T. Morgan

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The United States of America as politically organized, under the Articles of Confederation consisted of the 13 original British-American colonies; New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Virginia, North Carolina, South Carolina, Georgia and Maryland. Clustered along the eastern seaboard of North America between the forests of Maine and the marshes of Georgia. Under the Article of Confederation, the United States had no national capital: Philadelphia, where the “United States in Congress Assembled”, was the “seat of government”. The population during this political phase of America’s history (1781-1789) was about 3 million, most of whom lived on self-sufficient family farms. Fishing, lumbering and the production of grains for export were major economic endeavors. Rapid strides were also being made in industry and manufacturing by 1775, the (then) colonies were accounting for one-seventh of the world’s production of raw iron.
On the basis of the voyage of John Cabot to the North American mainland in 1497, England claimed the entire continent. The first permanent English settlement was established at Jamestown, Virginia, in 1607. France and Spain also claimed extensive territory in North America. At the end of the French and Indian Wars (1763), England acquired all of the territory east of the Mississippi River, including East and West Florida. From 1776 to 1781, the States were governed by the Continental Congress. From 1781 to 1789, they were organized under the Articles of Confederation, during which period the individual States had the right to issue money. Independence from Great Britain was attained with the American Revolution in 1776. The Constitution organized and governs the present United States. It was ratified on Nov. 21, 1788.

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