Morgan Silver Dollar Coins

We are delighted to introduce our Morgan Silver Dollar Coin Collections from the US Mint, which exhibit their enduring appeal and significance in history. The Morgan Silver Dollar is regarded as one of America's finest collectible and investment worthy coins, with over 657 million made. Remarkably, this coinage had 96 date and mint mark variations!

History of Morgan Silver Dollar

The Morgan Silver Dollar is a coin that has received major attention and is favored by investors. It was first introduced in 1878 and continued to be minted until 1904. After a brief pause, it was revived in 1921 and recently relaunched as a commemorative coin in 2021.  However, the pre-1878 events of the coinage industry in the United States of America have a significant role in the establishment of the US Mint as well as the introduction of the Morgan Silver Dollar.

The Coinage Act of 1792 authorized the United States to produce its coinage. This act is why the US Mint was established in Philadelphia, signifying the beginning of the profound heritage and history of the US Coinage and US Mint. The Silver Dollar was minted in 1794; however, Spanish coins were heavier and more valuable in the eyes of American merchants for trade purposes. Thus, the coinage was halted in 1804 as the US Mint coins were exported to Europe for trade. 

The minting of the silver dollar was halted several times due to the government's repealing of the passed acts. However, the Morgan Silver Dollar was substantially minted during these periods. The Morgan Silver Dollar was issued after Representative Richard P. Bland wrote the Bland-Allison Act, passed in 1878, with the amendments made by Senator William B. Allison.

Since then, the Morgan Silver Dollar has faced several challenges that have affected its minting and circulation, such as the depletion of the silver source in 1904, when production ceased.

Events that Affected Morgan Silver Dollars

1859 - Comstock Lode - The richest silver mine in American history discovered in Nevada.

1873 - Crime of 1873 - US is put into gold standard after silver is demonetized.

1878 - Bland-Allison Act - Mandatory silver purchase giving rise to the Morgan Silver Dollar.

1893 - Panic of 1893 - Oversupply of silver leads to bank failure, causing economic recession.

1904 - Morgan Dollar production ceased - The production of Morgan Dollar ceased due to the unprecedented depletion of silver reserves.

1921 - Morgan Dollar Rebirth - One final year of Morgan Dollar minted for over 86 million coins.

1962 - Rare and undiscovered Carson City-minted Morgan Dollars were found. 

2020 - Morgan Dollar resurrection - The US House of Representatives allowed the minting of Morgan Dollar from 2021.

2021-Present - The modern Morgan Silver Dollar was reintroduced to 'commemorate this significant evolution of American Freedom'

Morgan Silver Dollar Design

Reverse

The Morgan Silver Dollar's reverse side depicts the American bald eagle flaunting its wings in the center. The eagle is clenchi  ng the quiver of arrows and an olive branch, symbolizing the opposites of peace and war. The eagle is supported by the wreath below, which honors the achievements of the US. Above the eagle is the motto of the US, "IN GOD WE TRUST". The eagle and the motto are surrounded by the inscriptions of the country of issue and the face value, as "UNITED STATES OF AMERICA" and "ONE DOLLAR."

Obverse

The Morgan Silver Dollar's obverse side features the timeless portrait of Lady Liberty modeled by Anna Willess Williams. This beautiful yet captivating effigy of Lady is displayed wearing a Phrygian cap with the hair band engraved with "LIBERTY." The portrait of the Liberty is encircled by the inscriptions of "E PLURIBUS UNUM," which stands for 'Out of many, One,' and 13 stars paying homage to the 13 colonies of the US.

Morgan Silver Dollar Coin Specifications

Mint mark: Varies based on the US Mint facility.

Designer: George T. Morgan

Purity: .900 fine silver, .100 copper

Weight: 26.73 grams (0.7734 Troy ounces)

Dimensions: 38.1 mm in diameter and 2.89 mm in thickness

Edge: Reeded

1921 Morgan Silver Dollars

The 1921 Morgan Silver Dollars can also be defined as the pivotal point in the commemorative coinage in the US Mint's history. They were only minted for one year under the Pittman Act of 1918, which states that the government should use silver bullion as subsidiary coinage for commercial purposes and to assist governments in war.

The design of the 1921 Morgan Silver Dollar was slightly altered since the original dies were melted in 1910. After Morgan recreated the die, the Morgan Silver Dollar was struck for one year before being replaced with the Peace Dollar. The Peace Dollar was a result of the after-effects of World War I as the emblem of peace.

This commemorative release was widely anticipated and loved by numismatics, collectors, and investors. Its value increased substantially as the coin was a centennial release, celebrating the 100-year gap with the last mintage of the Morgan Dollar.

Morgan Dollar Key Dates

The value of the Morgan Silver Dollar depends on the supply and demand of silver. On the other hand, the less mintage, the more value. Thus, some of the mintages of the Morgan Silver Dollar are considered coins with 'Key dates' and have very high value in the market.

Some of the significant key dates in the Morgan Silver Dollars are:

1899- CC Morgan Silver Dollar - The Carson City facility of the US Mint minted these dollars after a four-year hiatus, with a limited mintage of 350,000 coins.

1885-CC Morgan Silver Dollar - As per mintage, the 1885-CC Morgan Silver Dollar is comparatively rare, with only 228,000 coins minted. 

Early mintages and well-preserved Morgan Silver Dollars may sell for $100 or more.

More precious and difficult to acquire Morgan Dollars, like the 1878CC variant, may also affect their worth.

Collect and Invest in Morgan Silver Dollars with BOLD Precious Metals

The Morgan Silver Dollar is surely an investment-grade coin, a collectible, and a perfect gift for a history enthusiast. Apart from being one of the most popular coins for generations, the Morgan Dollar is also historically and patriotically important in America. Ultimately, the Morgan Silver Dollar is a complete package for discerning investors, collectors, or loved ones.

BOLD Precious Metals makes purchasing the Morgan Silver Dollar easy! We offer the lowest competitive prices and seamless delivery methods on Morgan Dollars. Our user-friendly interface is aimed at making navigation easy and swift so you never miss your favorite silver bullion coins or bars!

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