Having started in 1878, the Morgan Silver Dollar was produced annually, but production briefly stopped in 1904 because of a nation-wide shortage of silver in the U.S. After the production for the Morgan Dollar series resumed again for one last year in 1921 because in 1918 after we had won the World War, the Pittman Act was passed, which allowed for our U.S. government to buy and melt hundreds of millions of dollars worth of silver that would be used to create more coins. As a reward for ourselves and our achievement of victory in the World War, the U.S. government decided to produce the Peace Silver Dollar, and prior to the Morgan Silver Dollar series was the Seated Liberty Dollar series. While these silver dollars were minted, the Barber Half Dollar and Walking Liberty Half Dollar coins were also being produced at the same time.
Throughout his career, George T. Morgan had created 7 different coin designs, with his most famous one being the Morgan Silver Dollar. George was an assistant in the U.S. Mint when he first created the design for these coins such as the 1890-P Morgan Silver Dollar, and soon after he became the Chief Engraver. On the reverse side of the Morgan Dollar is a sturdy American Bald Eagle with 7 tail feathers that is holding arrows in one talon and an olive branch in the other talon. On the obverse side of the coin is Lady Liberty’s charming face with 13 stars surrounding her image, with each star representing the original 13 colonies. A regular school teacher by the name of Anna Williams was chosen to be the model for Lady Liberty which surprised many.
The Morgan Silver Dollar series was produced at 5 different locations: Philadelphia (P) San Francisco (S), New Orleans (O), Carson City (CC), and Denver (D). 1921 is the only year in which a Denver Minted Morgan Dollar was struck.
Similarities Morgan Silver Dollars share are a $1 face value, composition of 90% silver, 10% copper, weighing 26.73 g, and having a diameter of 38.1 mm. The mintage of the 1890-P Morgan Silver Dollar was 16,802,000, which makes it much more common than most Morgan Dollars, and thus much more affordable as well. Morgan Dollars are no longer being produced, yet they have and always will be beloved by both investors and collectors.
Bullion Shark will guarantee that this Morgan Silver Dollar is in brilliant uncirculated condition. That’s an incredible achievement when you consider that the coin is 130 years old! The United States did an amazing job by producing such a beautiful coin. Feel free to reach out to Bullion Shark if you are looking to add this coin to your collection. We have the 1890-P Morgan Dollar available for purchase via our website or over the phone at (516-739-5822) by speaking with one of our numismatic experts. We are currently offering this coin for only $65, with free shipping and handling is included as well. That’s a steal of a deal compared to the MS 65 version that is valued at approximately $900!
Product Specifications
Coin Type: Morgan Silver Dollar
Date: 1890
Mint: Philadelphia
Purity: 90%
Precious Metal Content: .7734 oz pure silver
