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Morgan Silver Dollar ($1)

Front - Morgan Silver Dollar ($1) Back - Morgan Silver Dollar ($1)

Description

Known today simply as the "Morgan Dollar", this coin was minted by the hundreds of millions. It's commonly traded by the roll and coins of all grades can be easily found. Proof coins are also available in proportion to the original number of pieces struck. George T. Morgan produced this new design which gave Miss Liberty back her more feminine look.

The obverse depicts Miss Liberty facing left, her hair in a Phrygian cap. LIBERTY is inscribed on a ribbon or band holding a spray of leaves and sheaves. E PLURIBUS UNUM is above, seven stars are to the left, six stars are to the right, and the date is below. The reverse depicts a wingspread eagle holding a branch and three arrows. IN GOD WE TRUST appears in Old English letters above. Surrounding is the inscription UNITED STATES OF AMERICA and ONE DOLLAR. Additional pieces were made at San Francisco, Carson City, and New Orleans during the 1878-1904 span and in 1921 at Denver and San Francisco.

The type set collector will have no difficulty acquiring a common date Morgan dollar in any grade desired from Good through superb Uncirculated. Proofs were minted for all dates at Philadelphia, and their survival today is proportional to the original figures.

Valuation

Don't look for dates between 1905 and 1920. Production was halted during these years. Most pieces were minted in Philadelphia.
COIN NAME
Morgan Silver Dollar ($1)
DESIGNED BY
George T. Morgan
ISSUE DATE
1878-1921
COMPOSITION
0.900 part silver, 0.100 part copper
DIAMETER
38.1 mm
WEIGHT
412.5 grains
EDGE
Reeded
BUS MINT
656,989,387
PROOF MINT
23,723

The statements made on this Website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.