Collection: Morgan Dollar (1878 - 1921)

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The Morgan Dollar, designed by George T. Morgan, stands as one of the most iconic coins in U.S. numismatic history. Struck between 1878 and 1904, and again in 1921, it represents a pinnacle of artistry and historical significance. With its classic design and widespread appeal, the Morgan Dollar remains a favorite among collectors.

Key Specifications

  • Designer: George T. Morgan
  • Issue Dates: 1878–1904, 1921
  • Composition: 90% silver, 10% copper
  • Diameter: 38.1 mm
  • Weight: 26.73 grams (412.50 grains)
  • Edge: Reeded
  • Business Strike Mintage: 656,989,387
  • Proof Mintage: 23,723

Design Features

Obverse

The obverse features a stunning depiction of Miss Liberty:

  • Details Include:
    • Liberty’s profile faces left, adorned with a Phrygian cap.
    • A ribbon inscribed with LIBERTY holds a spray of leaves and wheat sheaves.
    • The legend E PLURIBUS UNUM spans the upper edge, flanked by seven stars on the left and six on the right, symbolizing the original states of the Union.
    • The date appears below the portrait.

Reverse

The reverse showcases an eagle in a regal pose:

  • Key Elements:
    • A wingspread eagle clutching a branch and three arrows symbolizes strength and peace.
    • The motto IN GOD WE TRUST is prominently displayed in Old English script above the eagle.
    • Encircling the design are the inscriptions UNITED STATES OF AMERICA and ONE DOLLAR.

Historical Significance

The Morgan Dollar owes its existence to the Bland-Allison Act of 1878, which mandated the purchase of large quantities of silver to be minted into coinage. This resulted in the production of hundreds of millions of silver dollars, with the Morgan design becoming the hallmark of the era.

Minted at multiple facilities—including Philadelphia, San Francisco, Carson City, New Orleans, and Denver—the Morgan Dollar represents a geographic and historic snapshot of U.S. coinage production.

Collectibility and Popularity

Common Dates

  • Collectors will find it easy to obtain common-date Morgan Dollars in grades ranging from Good to superb Uncirculated, thanks to their high mintage and widespread availability.

Proofs

  • Proofs were struck at the Philadelphia Mint for all years, and their survival is proportional to their modest mintages. These are highly sought after for their sharp details and mirror-like surfaces.

Varieties

  • Morgan Dollars are famous for their varieties, categorized using the VAM system (Van Allen-Mallis). These include doubled dies, overdates, and other fascinating details that add depth to collecting this series.

Why Collect Morgan Dollars?

  1. Iconic Design:

    • George T. Morgan’s portrayal of Liberty and the majestic eagle remains a timeless symbol of American artistry.
  2. Rich History:

    • Representing the economic and political context of the late 19th century, Morgan Dollars are a tangible connection to the past.
  3. Versatile Collecting Options:

    • Whether you’re a beginner or an advanced collector, Morgan Dollars offer entry points across a wide range of grades, conditions, and varieties.

Shop Morgan Dollars at ParadimeCoins.com

Explore our curated selection of Morgan Dollars at ParadimeCoins.com. From brilliant Uncirculated pieces to rare VAM varieties, we provide high-quality coins to meet every collector’s needs. Start or expand your collection today with this iconic piece of numismatic history!