Categories

Site Information

 Loading... Please wait...
Free shipping on orders over $99
Numismatic experts on staff

Morgan Silver Dollar - Rare Coin Profile

Posted on

Basics

Date(s): 1878-1921

Designer: George T. Morgan

Metal Content: 90% Silver, 10% Copper

Silver Content: .7734

Edges: Reeded

Diameter: 38.1 mm

Thickness: 2.4 mm

Mint(s): Philadelphia, New Orleans, San Francisco, Carson City, Denver

Denomination: $1

Overview

The Morgan Silver Dollar is one of the most popular U.S. coins of all time, made possible by the Bland-Allison Act of 1878. These coins were minted from 1878-1904 and again in 1921 for a final year of production.1921 served as a transition year, as the Peace Dollar started to be minted in that same year. The 1921 Morgan Dollar was made possible by the Pittman Act, which authorized the melting down and reissuance of millions of Morgan Silver Dollars.This piece was the first, standard issue dollar produced by the U.S. Mint since the Seated Liberty Dollar, which ended production in 1873. The coin is composed of 90% silver and contains .7734 ounces of pure silver.

The designer of the Morgan Dollar is esteemed George T. Morgan. The obverse of the coin depicts a portrait of Lady liberty. The words “E Pluribus Unum,” the date and thirteen stars can also been seen on the obverse of the coin. The letter “M” can also be found at the neck of Lady Liberty’s portrait, which is the initial of the designer. The reverse is beautifully designed with an eagle that is holding arrows and an olive branch. These are meant to be symbols of peace and war. The words “In God We Trust,” “United States of America,” and “One Dollar” are also featured on the reverse of the Morgan Silver Dollar. If the coin contains a mintmark, it can be found above the letter “O” in the word “Dollar” on the reverse. It is important to note that coins minted at the Philadelphia mint do not have a mintmark.

Although these coins were released into circulated, numerous coins were stored in treasury vaults and released by the government in the 1960’s. This silver coin was minted from 1878-1904 and again in 1921. These Morgan Dollars are often associated with the Wild West, which is likely attributed to its tremendous popularity.

The Morgan Silver Dollar series is made up of numerous coins and the series contains numerous rarities. However, it is important to note that the Morgan Silver Dollar series has a coin for all collectors. This means that affordable coins, ultra rarities and everything in between exists.

Some popular collecting methods include picking out VAMS or varieties found within the series, building date sets or complete sets. Some collectors simply purchase these coins in bulk to take advantage of the Morgan Silver Dollar’s silver and numismatic value.

Key Dates

1884-S, 1889-CC, 1892-S, 1893-S, 1893-CC, 1895-P (Proof), 1895-O

*Other key dates exist. This only encompasses some of the rarest of Morgan Silver Dollars.

Mintage Table


DatePhiladelphiaNew OrleansSan FranciscoCarson CityDenver
187810,500,00009,774,0002,212,0000
187914,806,0002,887,0009,110,000756,0000
188012,600,0005,305,0008,900,000591,0000
18819,162,9915,708,00012,760,000296,0000
188211,100,0006,090,0009,250,0001,133,0000
188312,290,0008,725,0006,250,0001,204,0000
188414,070,0009,730,0003,200,0001,136,0000
188517,787,0009,185,0001,497,000228,0000
188619,963,00010,710,000750,00000
188720,290,00011,550,0001,771,00000
188819,183,00012,150,000657,00000
188921,726,00011,875,000700,000350,0000
189016,802,00010,701,1008,230,3732,309,0410
18918,693,5567,954,5295,296,0001,618,0000
18921,036,0002,744,0001,200,0001,352,0000
1893378,000300,000100,000677,0000
1894110,0001,723,0001,260,00000
1895880450,000400,00000
18969,976,0004,900,0005,000,00000
18972,822,0004,004,0005,825,00000
18985,884,0004,400,0004,102,00000
1899330,00012,290,0002,562,00000
19008,830,00012,590,0003,540,00000
19016,962,00013,320,0002,284,00000
19027,994,0008,636,0001,530,00000
19034,652,0004,450,0001,241,00000
19042,788,0003,720,0002,304,00000
192144,690,000021,695,000020,345,000
Total2,788,000

3,720,000

2,304,00000