Morgan Silver Dollars (1878-1904, 1921)

Silver-Morgan-DollarGeneral Coin Information

The Morgan Silver Dollar was first introduced in 1878 by the US Mint and was struck until 1904. In 1921, the Morgan was again minted for a short period until it was replaced by the Peace Dollar. Few coins in the history of numismatics can claim such poor demand upon introduction and yet realize such high interest from collectors years later.

In the mid 1870's, there was really no demand for silver dollars. In fact, the Liberty Seated Dollar, which was its predecessor, had last been issued in 1873. However, political forces, and not demand, would push the issuance of a silver dollar again.

The Comstock Lode had been discovered in Nevada, and was yielding an estimated $36 million dollars a year worth of silver ore. This was significantly depressing the silver market. Consequently, silver interests persuaded those in Congress to pass the Bland-Allison Act which required the Treasury to purchase between 2 and 4 million troy ounces of silver each month to be minted into silver dollars.

Mint employee George T. Morgan was chosen to design the new coin. Between the years of 1878 and 1904, over half a billion of the coins were struck with 96 different date-and-mint combinations, making a compete set almost impossible to acquire.

Complicating collection even further, the Pittman Act of 1918 resulted in many of the Morgans being melted down and restruck as new coinage. An estimated 270 million of the original Morgans succumbed to this fate.

Finally, in 1921, some Morgans were again minted but only until the design was replaced by the Peace Dollar.

Obverse Design

The obverse features a left-facing head only portrait of Liberty. At the time of introduction, US coins had a full-figure image of Liberty, making the Morgan quite unique. Also shown are "E Pluribus Unum" and the date of issue.

Reverse Design

Featured on the reverse of the Morgan Dollar is an eagle holding arrows and an olive branch. Also seen are the inscriptions "United States of America," "One Dollar" and "In God We Trust."

Morgan Silver Dollar Coin Specifications


Mint: United States Mint
Finish/Condition: Circulated, Proof
Metal Content: 90% silver, 10% copper
Weight: 26.730 grams nominal
Diameter: 1.500 inches or 38.10 mm
Edge: Reeded
Issue Date: 1878-1904, 1921
Face Value: $1
Obverse Designer/Sculptor: George T. Morgan
Reverse Designer/Sculptor: George T. Morgan

Featured Morgan Silver Dollar Auctions




1882 AU MIRROR LIKE MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO29
1882 AU MIRROR LIKE MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO29
$28.00 (7 Bids)
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American Dollar Sign Charm Ring Morgan Silver Dollar Coin Style Ring Sizes 8 16
American Dollar Sign Charm Ring Morgan Silver Dollar Coin Style Ring Sizes 8 16
$29.29
Time Remaining: 33m
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1896 MORGAN SILVER DOLLAR ANACS MS 63 VAM 4 DBL STRS TOP 100 REF957
1896 MORGAN SILVER DOLLAR ANACS MS 63 VAM 4 DBL STRS TOP 100 REF957
$119.00
Time Remaining: 34m
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1883 O MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO68
1883 O MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO68
$23.40 (11 Bids)
Time Remaining: 35m

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1879 Morgan Silver Dollar Full Chest Feathers BU 122562 Inventory H
1879 Morgan Silver Dollar Full Chest Feathers BU 122562 Inventory H
$44.00
Time Remaining: 37m
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1880 O PCGS MS61 Morgan Dollar  OGH LQQK
1880 O PCGS MS61 Morgan Dollar OGH LQQK
$99.95 (1 Bid)
Time Remaining: 37m

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1879 S RAINBOW TONED MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO107
1879 S RAINBOW TONED MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO107
$41.00 (18 Bids)
Time Remaining: 38m

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1878 7TF MORGAN SILVER DOLLAR VF NICE LOOKING COIN
1878 7TF MORGAN SILVER DOLLAR VF NICE LOOKING COIN
$46.99
Time Remaining: 38m
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1880 S 8 7 CROSSBAR 1 NGC MS 64 VAM 10 TOP 100 MORGAN DOLLAR VARIETY
1880 S 8 7 CROSSBAR 1 NGC MS 64 VAM 10 TOP 100 MORGAN DOLLAR VARIETY
$169.95
Time Remaining: 38m
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1886 UNC GEM MS+++ MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO30
1886 UNC GEM MS+++ MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO30
$31.00 (11 Bids)
Time Remaining: 41m

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1890 S UNC GEM MS+++ MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO69
1890 S UNC GEM MS+++ MORGAN SILVER DOLLAR 90 SILVER 1 COIN US AO69
$38.00 (9 Bids)
Time Remaining: 44m

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1882 o s morgan dollar 29w109 vam
1882 o s morgan dollar 29w109 vam
$211.00
Time Remaining: 46m

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Morgan Silver Dollar Coin Resources

World Mint Coins | Coin Specifications, Resources and Coin Images