2025-S Morgan Dollar NGC PF70 UCAM - Magnum Opus

The U.S. Mint capped production of the 2025-S Morgan Proof issue at 180,000 coins. Amongst the smallest mintages ever!

Total graded at PF70 Ultra Cameo: 792

2025-S Morgan Silver Dollar, graded Proof-70 Ultra Cameo (PF70 UCAM) by NGC, with the exquisite “Magnum Opus” label. This is a flawless specimen from the very first strikings — perfect in every respect, with deep mirrored fields and richly frosted, cameo contrast that brings out the finest details in George T. Morgan’s iconic design.

Key Features:

• Total graded at PF70 Ultra Cameo: 792

• Total graded in higher categories: 0

• Vintage Morgans often had mintages in the millions or tens of millions.

• Grade & Label: PF70 Ultra Cameo — the highest achievable grade, encapsulated in NGC’s premium “Magnum Opus” holder.

• Strike & Finish: Proof strike with aggressive cameo contrast, rendered on hand-selected planchets using polished dies for superior surface quality.

• Metal Content: 99.9% fine silver, 0.859 troy ounces.

• Diameter / Edge: 38.1 mm (1.500 in), reeded edge.

• Legal Tender: $1 (face value) U.S. coinage (collector issue).

• Among the revived Morgan/Peace series (2021 onward), the 2025-S Proof Morgan’s 180,000 cap is one of the more conservative allocations.

• The companion 2025-S Proof Peace Dollar was limited to 170,000 — underscoring the restrictive nature of the overall 2025 program.

By contrast, many earlier modern silver proof coins often allowed mintage levels of 300,000–400,000 or more.