Morgan Silver Dollar

Dollars · 1878–1904, 1921, 2021–

Morgan Silver DollarNow grading

Years of issue: 1878–1904, 1921, 2021–

Years

Designer

George T. Morgan

Composition

90% silver, 10% copper (modern .999 collector issues)

Diameter

38.1 mm

Mass

26.73 g

Thickness

2.4 mm

Edge

Reeded

Mints

Philadelphia, Carson City, San Francisco, New Orleans, Denver

Metal

Silver

Design

Anna Willess Williams as Liberty; reverse a heraldic eagle with IN GOD WE TRUST on a ribbon. 1878 8-tailfeather vs 7-tailfeather, and 7/8 overstrike, are first-year varieties. Reverse of 1878 vs 1879 is a VAM specialty.

History

The Morgan is the coin of the Comstock Lode. The Bland-Allison Act forced the Treasury to buy western silver and strike dollars nobody in the East wanted to spend. Bags sat in vaults for decades — which is why mint-state pieces are common for some dates and nearly unknown for others (1893-S, 1889-CC, 1895 proof). Carson City issues are a cult. 1921 was a one-year revival after the Pittman Act melted hundreds of millions. 2021 anniversary coins, then 2023– collector Morgans, extended the type into the present. It is the center of gravity of American silver collecting.

Key dates

1893-S

stopper

1895-P

stopper

1884-S

scarce

1903-O

scarce

Varieties

1879-CC · 1879-CC capped CC / perfect CC

repunched mintmark · scarce

1888-O · 1888-O Hot Lips (VAM-4)

doubled die · scarce

1889-CC · 1889-CC

design · key

1893-S · 1893-S

design · key

1895-P · 1895 proof only

design · stopper

1901-P · 1901 doubled die reverse (shifted eagle)

doubled die · rare

114 issues