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The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
Only 100,000 coins were struck, making it the lowest mintage of any business strike Morgan Dollar. [1] It is thought that few survived in mint state because the majority of the coins were circulated. [2] The coins are struck using blanks which are ninety percent silver. [3] The 1893-S is known as the key date in the Morgan series. [4]
Williams reluctantly sat for five modelling sessions with Morgan in November 1876 after being convinced to do so by friends. [1] Morgan was impressed with her profile, stating that it was the most perfect he had seen in England or America. [1] The silver dollar bearing her likeness was first struck on March 11, 1878. [1]
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
The Morgan silver dollar. Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver, 92.5%) containing 26.73 g (0.859 ozt) of pure silver, [18] were struck between 1878 and 1904, with a minting in 1921 and a commemorative minting in 2021. [19]
Some Mint State early coins appear to be circulated due to weak strikes, die cracks, planchet problems, or metal quality. There are a few United States coins for which no mint state specimens exist, [10] [11] such as the 1792 silver dime, and the 1802 Draped Bust (Heraldic Eagle reverse) silver half dime. [12] [13] [14]
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