The US 1881 Half Dollar coin, designed by George T. Morgan, features Lady Liberty’s image, symbolizing the nation’s ideals of freedom. Morgan’s design was a departure from previous coins, showcasing a more detailed and realistic depiction. In 1881, the US economy was recovering from the Panic of 1873, and the coins silver content (90%) reflected the ongoing importance of precious metals in currency.
The US 1881 Half Dollar was minted during a time of political stability but economic challenges, particularly with silver prices fluctuating. The coins design and composition illustrated America’s dependence on silver, an issue that would later shape the debate over the currency standard during the Silver Crisis.