Morgan Silver Dollars

Morgan Dollar Silver Coins at Provident Metals

One of the most beautiful pieces of coinage that the United States Mint has ever produced is the Morgan Dollar Silver Coin. After the success of the Seated Liberty design, the new Dollar Silver Coin design was changed in 1878, commonly referred to as the Morgan Dollar Silver Coin. These coins were struck from 1878 to 1921 and proved to be immensely popular. Learn more about these iconic Morgan Dollar Silver Coins, right here at Provident Metals.

History of Morgan Dollar Silver Coins

Morgan Dollar Silver Coins debuted in 1878 after production of Dollar Silver Coins was halted for 5 years. The director of the US Mint, Henry Richard Linderman went to the Royal Mint to recruit George T. Morgan to be the assistant engraver at the Philadelphia Mint. Morgan would go on to create the design for this iconic coin as well.

Linderman instructed Morgan and Chief Engraver, William Barber, to design a coin with an eagle with outstretched wings on the reverse and Lady Liberty on the obverse. Morgan decided to use the likeness of Anna Williams, a teacher from Philadelphia, to create his Liberty design. Linderman chose this design over Barber’s, thus creating the Morgan Dollar Silver Coin.

Design

Both the obverse and reverse field were designed by George T. Morgan. This coin is widely regarded as one of the most stunning coins ever produced by the US Mint.

• Obverse: The obverse side features a left-profile portrait of Lady Liberty. The design showcases Liberty with 13 stars surrounding her, representing the original 13 colonies. The inscription “E Pluribus Unum” is at the top, while the issuing year is at the bottom.
• Reverse: A heraldic eagle design is on the reverse. The eagle is in front-facing relief, clutching a bundle of arrows and an olive branch in its talons. Inscriptions include “One Dollar,” “In God We Trust,” and “United States of America.”

Mintages

Morgan Dollar Silver Coins debuted in 1878 and were released annually until 1904. They made a one-year return in 1921 before stopping for good again. In total, five unique branches of the US Mint produced these iconic coins.

• Philadelphia Mint: 1878-1921 – 305,446,347
• San Francisco Mint: 1878-1921 – 131,188,373
• New Orleans Mint: 1879-1904 – 186,097,629
• Carson City Mint: 1878-1885, 1889-1893 – 13,766,041
• Denver Mint: 1921 – 20,345,000

Certified Morgan Dollar Silver Coins

One of the more popular options for investors and collectors looking to stock up on Morgan Dollar Silver Coins is to buy them certified. Certified Dollar Silver coins on Provident Metals are coins that are professionally graded by either the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

Modern Morgan Dollar Silver Coin

To commemorate 100 years since the transition was made from Morgan Dollars to Peace Dollars, the House of Representatives passed legislation to create modern strikes of these coins. Shortly after, the Senate unanimously approved the bill, and it was signed into law by President Donald Trump.

Both the Peace and Morgan Dollars contain 0.858 Troy oz of .999 pure silver.

In terms of Morgan Dollars, these coins have been issued in 2021, 2023, and 2024. Three strike types are also available, BU, proof, and reverse proof.

Investing in Morgan Dollar Silver Coins at Provident Metals

Contact the Provident Metals customer service team at 1-800-313-3315 for any questions you may have regarding Morgan Dollar Silver Coins. Our team can also be reached via email or through our online chat feature.