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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 .
Morgan dollar 1878–1904, 1921; Peace dollar 1921–1935 Peace dollar (high relief) 1921; Peace dollar (low relief) 1922–1928, 1934–1935; American Silver Eagle 1986–present; Gold dollar coins. Liberty Head (Small Size) 1849–1854; Indian Head (Large Size) 1854–1889 Small Indian Head 1854–1856; Large Indian Head 1856–1889; Copper ...
The two largest coin grading companies, PCGS and NGC, have graded 47 in higher grades. [7] In 2014 the Eliasberg 1893-S Morgan dollar sold for US$646,250 at auction. It is a Professional Coin Grading Service (PCGS) graded coin in MS-65. [1] In 2021, a PCGS graded 1893-S Morgan dollar in MS-67 sold for US$2,086,875.00. [6]
This had the effect of placing the nation effectively (although not officially) on the gold standard. The retained weight in the dollar coin was a nod to bimetallism, although it had the effect of further driving the silver dollar coin from commerce. Foreign coins, including the Spanish dollar, were also widely used [9] as legal tender, until 1857.
There are in more than 3,000 different VAMs however the coin certification company Professional Coin Grading Service (PCGS) does not recognize all of them. They recognize 52 VAM Peace dollars and 317 Morgan dollar VAMs [2] A VAM can be a small change in dies like a different sized mint mark, or something more dramatic like a repunched date. [2]
Art historian Cornelius Vermeule criticized the Louisiana Purchase Exposition dollar and the Lewis and Clark Exposition dollar issued in 1904–1905: "the lack of spark in these coins, as in so many designs by Barber or [Assistant Engraver George T.] Morgan, stems from the fact that the faces, hair, and drapery are flat and the lettering is ...
This was a lie: in fact, the 1904-dated coins sold so badly that some 15,000 were melted at the San Francisco Mint. [17] Zerbe had Averill sell the 1905 issue at a discounted price of ten dollars for six pieces. [15] As he had for the Louisiana Purchase dollar, Zerbe made the coins available mounted in spoons or in jewelry.
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