Morgan Silver Dollars
The Morgan Silver Dollar is a treasured relic coveted by coin collectors who are in awe of its historical significance.
When you hold a Morgan in your hand, it’s like holding a piece of history.
When silver was discovered in the legendary Comstock Lode in Nevada, Congress passed the Bland-Allison Act of 1878. This legislation authorized the U.S. Treasury to buy significant amounts of this precious metal. As a result, Morgan Silver Dollars were made from .900 fine silver. Interestingly, Peace Silver Dollars had the same silver content and weight.
Six hundred fifty-seven million Morgan Dollars were struck in 96 different date and mint combinations over the 27 years of production from 1878 to 1904 and 1921.
George T. Morgan’s Dollar Design: What To Know
George T. Morgan designed one of the most famous coins in American history. In 1876, America’s silver dollar coinage was long overdue for a facelift, and Morgan was up to the task as the new assistant engraver at the Philadelphia Mint.
He had previous experience as a contract engraver at the Royal Mint in London before being recruited to the U.S. Mint by Director Henry Linderman. Morgan knew Linderman wanted the head of Liberty to be featured on the new silver dollar coin and set about to create the perfect design.
By early 1877, George T. Morgan had created a new design that would later be known as the Morgan Dollar. This coin featured Lady Liberty in profile (sporting a laurel in her hair) on the obverse. The reverse featured an eagle, an olive branch, and the words “One Dollar.”
The image of the eagle features a beloved mistake — the original version showed eight tail feathers. However, later versions were amended to feature the more accurate seven tail feathers.
Morgan would later become the Chief Engraver at the U.S. Mint.
Where Was the Morgan Dollar Minted?
This silver coin was minted in a variety of locations, including:
• Carson City Mint, Nevada
• Denver Mint, Colorado
• San Francisco Mint, California
• Philadelphia, Pennsylvania
• New Orleans, Louisiana
For example, the CC Morgan Silver Dollar was made in Carson City. The rarest business strike version is the 1893-S Morgan Dollar Coin, made at the San Francisco Mint.
Despite being worth one U.S. dollar at the time, Morgan Silver Dollars far exceed that, especially if they have earned an Uncirculated grade.
Identifying the mint mark can help numismatists determine how much the coin is worth. However, for a more complete picture of worth, consult a grading agency like PCGS or the NGC.
Our Morgan Silver Dollar Listings
At Bullion Shark, we live and breathe coin collecting, including the Morgan Silver Dollar.
From classic commemorative coins to silver bullion, we know all things that come from the United States mint. Outside of U.S. coins, we offer an array of ancient, shipwrecked, and other world coins.
Discover a new piece to add to your collection today.