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    Morgan Dollars

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    Morgan Silver Dollar Coin (Cull)

    You may receive coins from any year between 1878 and 1904 or 1921. This means you may receive all the same year of coins or get coins from a variety of different years. This Morgan Silver Dollar has been assessed as being in cull condition and is from years of our choice (1878-1904 or 1921). Coins with a "cull" designation are considered to be in overall poor condition and generally would not be of any interest to collectors. Each coin contain... Read More

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    Morgan Silver Dollar Coin (1878-1904, Good)

    There are few coins produced by the US Mint that have the history and acclaim of the Morgan Silver Dollar. This silver dollar coin was first produced in 1878 and would remain in circulation until 1904 (with one additional minting in 1921). All Morgan Silver Dollar coins were minted in 90% silver and contained a total weight of .7734 troy ounces of pure silver. The specific coins in this offering have been assessed as being in Good (G) condition. ... Read More

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    1921 Morgan Silver Dollar Coin (VG+)

    The Morgan Silver Dollar is one of the most famous U.S. silver coins ever minted. Produced by the U.S. Mint from 1878 to 1904, and then again in 1921, the Morgan Silver Dollar is highly popular with coin collectors and precious metals investors. If you are a collector of silver coins, this is a coin that belongs in your collection! Coin Highlights: 86,730,000 coins total mintage. Highly Popular Morgan design. $1 face value. May b... Read More

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    Morgan Silver Dollar Coin (1878-1904, VG+)

    Few coins in American history are more popular than the Morgan Silver Dollar. After a five-year hiatus in the production of silver dollar coins in the US, this inspiring design from a British citizen new to life in the US went on to become one of the most collectible and rare coins in American history. Today, the Morgan Silver Dollar Coin is available from the original production range with a VG+ grade courtesy of JM Bullion. Coin Highlights: ... Read More

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    Morgan Silver Dollar Coin (1921, Fine)

    There are few coins from American history more significant, and more popular, than the Morgan Silver Dollar coin. Introduced for the first time in 1878, the coin was named for its designer, Assistant Engraver George T. Morgan. Still one of America’s most popular coins among modern numismatists, right now the Morgan Silver Dollar Coin is available for purchase from JM Bullion in Fine condition. Coin Highlights: 1921 specimen from the fin... Read More

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    Morgan Silver Dollar Coin (1921, AU)

    The 1921 Morgan Silver Dollar is available in AU (Almost Uncirculated) condition. Each coin has been struck by the US Mint nearly a century ago and contains approximately .7734 troy ounces of 90% pure silver. While the coin has not been minted in over 90 years, it still holds a legal tender value in the United States of $1. Coin Highlights: Arrives in a protective plastic flip. Multiples of 20 ship in plastic tube. 1921 specimen fro... Read More

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    Morgan Silver Dollar Coin (1878-1904, XF)

    The Morgan Silver Dollar is now available in XF (Extremely Fine) condition. Each coin has been struck in 90% pure silver and contains a total of ~.7734 troy ounces. These coins will be from years of our choice and will range from 1878-1904. Coins which have an XF grade are considered to have a light amount of wear which is most visible on only the highest points of the coin. Coin Highlights: Individual coins ship in plastic flips, multipl... Read More

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    Morgan Silver Dollar Coin (1921, BU)

    Although not widely appreciated for its design at the time, the Morgan Silver Dollar has gone down in American history as one of the most coveted coin designs in all of American coinage. Created in 1878, this iconic design was once believed to be largely lost to history with the exception of a handful of coins in rough condition. Today, the Morgan Silver Dollar Coin is available to you online from JM Bullion. Coin Highlights: Arrives in a... Read More

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    Morgan Silver Dollar Coin (1878-1904, AU)

    The Morgan Silver Dollar is available in AU (Almost Uncirculated) condition. These coins have been struck in 90% pure silver and contain a total of .7734 troy ounces of the metal. The AU Morgan Silver Dollar is offered from years of our choice, all of which will be from 1878-1904. Coins in Almost Uncirculated condition show a small amount of wear which is visible only on the highest points of the design. Coin Highlights: Individual coins ... Read More

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    Morgan Silver Dollar Coin (1878-1904, BU)

    One of the most popular coins among collectors in the United States is the Morgan Silver Dollar. The coin is one of the most iconic ever minted by the US Mint system, and to this day collectors seek out this coin to add to their collections. These particular Morgan Dollars are available in Brilliant Uncirculated condition and will be from years of our choice (1878-1904). Each coin has been minted with 90% pure silver and contains a total of .7734... Read More

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    1921 Morgan Silver Dollar Coin PCGS MS63

    The Morgan Silver Dollar is one of the most iconic former circulation coin designs in American history. Not a favored design in its day in production, the second half of the 20th century saw renewed interest in the historic design from the US silver dollar. The final year of issue for the Morgan Dollar was 1921, when it was produced from January until late December. Today, 1921 Morgan Silver Dollar Coins are available to you with PCGS certificati... Read More

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    Morgan Silver Dollar Coin PCGS MS63 (1878-1904)

    Please Note: Picture is an example only. Coins will be from years of our choice based on our current inventory, and may be a collection of the same year. However they will always be certified by the PCGSas an MS63. The Morgan Silver Dollar is one of the most memorable coins in the United States Mint's history. The production of these coins marked the restart of production for silver dollar coins after a five year gap due to the passage of the ... Read More

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    Morgan Silver Dollar Coin PCGS or NGC MS63 (1878-1904)

    The Morgan Silver Dollar is one of the most coveted historic silver coins from the United States Mint. Introduced in 1878, this coin was maligned in its day for the quality of the design and the size of the coin, but in the 20th century collectors fell in love with this historic coin. Right now, the Morgan Silver Dollar Coin is available to purchase from JM Bullion with MS... Read More

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    1921 Morgan Silver Dollar Coin NGC MS63

    One of the most famous American coin designs of the 19th century was the Morgan Silver Dollar. The first major design from a young US Mint artist, George T. Morgan, the Morgan Silver Dollar represented the reintroduction of silver dollar coining in the United States after a five-year hiatus when it debuted in 1878. After an initial run of 26 years in production, the Morgan Dollar was halted for nearly two decades before returning for one last str... Read More

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    Morgan Silver Dollar Coin NGC MS63 (1878-1904)

    Please Note: Picture is an example only. Coins will be from years of our choice based on our current inventory, however they will always be certified by the NGC as an MS63. This listing is for Morgan Silver Dollars in MS63 condition from the year of our choice. The Morgan Silver Dollar was minted with 90% silver from 1878 to 1904 and once again in 1921. Each of the coins in this listing have been assessed and certified by the NGC to be in Mint... Read More

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    Morgan Silver Dollar Coin PCGS MS64 (1878-1904)

    More than 110 years after regular production of the Morgan Silver Dollar coin ended it is still a must-have product for any serious numismatist. One of America’s most popular coin designs of all time, the Morgan Silver Dollar ended the hiatus in silver dollar coining in the late 19th century and made a brief comeback in 1921 in an era that saw silver coining coming to an end. Right now, the Morgan Silver Dollar coin is available with PCGS certi... Read More

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    Morgan Silver Dollar Coin NGC MS64 (1878-1904)

    Please Note: Picture is an example only. Coins will be from years of our choice based on our current inventory, however they will always be certified by the NGC as an MS64. The Morgan Silver Dollar was released during one of the most eventful periods in the history of US currency. It was produced by the United States Mint from 1878 to 1904 with one more year of production in 1921. Because these coins were minted prior to the 1965 cessation of ... Read More

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    Morgan Silver Dollar Coin NGC MS65 (1878-1904)

    One of the most memorable and iconic coins from US Mint history is the Morgan Silver Dollar. These coins represented the restart of standard silver dollar minting in the United States following a five year absence after passage of the Coinage Act of 1873. You can now purchase this iconic American coin from JM Bullion with an MS65 grade from the Numismatic Guaranty Corporation. The year of the coin you receive will be picked by our staff after you... Read More

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    Morgan Silver Dollar Coin PCGS MS65 (1878-1904)

    Please Note: Picture is an example only. Coins will be from years of our choice based on our current inventory, however they will always be certified by the PCGS as an MS65. The Morgan Silver Dollar is perhaps the most popular coin in American history. Coveted by investors and collectors, the design features of the Morgan Silver Dollar are among the most iconic to ever appear on the face of American coins. Today, Morgan Silver Dollar Coins wit... Read More

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    1882-CC Morgan Silver Dollar Coin (GSA, Box + CoA)

    Morgan Silver Dollars from the United States Mint are quite popular with collectors in the 21st century. The last US silver dollar to enjoy massive production volume and long-term use, the Morgan Dollar was created by US Mint Assistant Engraver George T. Morgan. In the 1960s, it was discovered that the US Treasury had within its vaults millions of uncirculated Morgan Dolla... Read More

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    1883-CC Morgan Silver Dollar Coin (GSA, Box + CoA)

    The debut of the Morgan Silver Dollar in 1878 marked the return of US silver dollars. With the passage of the Coinage Act of 1873, the United States ended the free coining of silver and found itself on the gold standard by default. With silver dollar coining halted as a result, the Seated Liberty design series ended. When silver coining resumed in the $1 series, the US Min... Read More

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    1884-CC Morgan Silver Dollar Coin (GSA, Box + CoA)

    The 1884 date mark from the Carson City Mint in the Morgan Silver Dollar Series was once regarded as one of the rarer specimens in the series. As collectors sought out the coins in the 20th century, the original mintage of 1,136,000 coins proved hard to come by. That all changed when the US Treasury found massive supplies of Morgan Silver Dollars just sitting in its vaults... Read More

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    Morgan Silver Dollar 5-Coin Set NGC MS63 (1878-1904)

    The most popular circulation silver coin with modern collectors is the historic Morgan Silver Dollar. Introduced in 1878, the Morgan Silver Dollar was issued for 28 years in total, with 27 consecutive years of issue from 1878 to 1904. Today, Morgan Silver Dollar 5-Coin Sets with PCGS certification are available to you online from JM Bullion. Coin Set Highlights: Av... Read More

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    Morgan Silver Dollar 5-Coin Set PCGS MS64 (1878-1904)

    Introduced in 1878, the Morgan Silver Dollar was initially produced through 1904 and later featured a single-year strike in 1921. To this day, the Morgan Silver Dollar remains an extremely popular coin with silver collectors. Today, Morgan Silver Dollar 5-Coin Sets are available to you online from JM Bullion with a PCGS certification. Coin Set Highlights: Available... Read More

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    Morgan Silver Dollar 5-Coin Set PCGS MS65 (1878-1904)

    The Morgan Silver Dollar is one of the most popular historic US silver coins among collectors in the 21st century. The iconic design was struck across five different decades in the 19th and 20th centuries and enjoyed the longest production history in the US silver dollar behind only the Seated Liberty coin. Now, Morgan Silver Dollar 5-Coin Sets with PCGS certification are ... Read More

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    Morgan Silver Dollar 3-Coin Set (1882-1884-CC, GSA, Box + CoA)

    The Morgan Silver Dollar is today one of the most popular historic US silver dollar designs. Though many Americans of the late-19th and early-20th centuries found the design underwhelming, modern collectors enjoy the history behind the coin. One of the more unique collections of Morgan Silver Dollars actually came from US Treasury vaults in the 1960s, with the coins collec... Read More

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    1885-CC Morgan Silver Dollar Coin NGC MS67

    The Morgan Silver Dollar coin was issued by the United States Mint from 1878 to 1904, and again for one year in 1921. The Carson City Mint was one of the four original producers of the Morgan Silver Dollar, but also had one of the lowest outputs of the four mints. Morgan Dollars with Carson City mint marks are among the most coveted coins from this series. Today, certified 1885-CC Morgan Silver Dollar Coins are available to you online from JM Bul... Read More

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    1885-CC Morgan Silver Dollar Coin PCGS MS67

    Some of the most sought-after Morgan Silver Dollars are those from the Carson City Mint. The coins struck in this series by the Carson City Mint were the lowest minted in the series and were struck in the fewest years. Only the Denver Mint has fewer date marks available, with the 1921 coin being its only contribution. Certified versions of Morgan Silver Dollars with higher grades on the scale are even harder to find. Now, 1885-CC Morgan Silver Do... Read More

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    Morgan Silver Dollar Coin MS62 (1878-1904, PCGS or NGC)

    Please note: You may receive varied years or multiples of the same year. Years received depend on inventory at the time the order is packaged. The Morgan Silver Dollar coin was not only one of the most popular silver dollars issued in US history, it was also the last to see widespread circulation and issuance. Primarily available from 1878 to 1904, the Morgan Dollar is ... Read More

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    1921 Morgan Silver Dollar Coin NGC MS64

    Originally issued from 1878 to 1904, the Morgan Silver Dollar was authorized for fresh coining in 1921 following the passage of the Pittman Act in 1918. The act technically authorized a resumption of silver dollar coining, with the US Mint opting to use the Morgan Silver Dollar design from 1878 for the resumption of silver dollar production. Right now, certified 1921 Morgan Silver Dollar Coins are available to purchase online from JM Bullion. ... Read More

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    1921 Morgan Silver Dollar Coin NGC MS65

    Many of America’s 19th and early-20th century circulation coins have designs that the American public loved at the time and that modern collectors adore. The Morgan Silver Dollar is unique in that the design was not particularly well-loved by Americans when it was in circulation from 1878-1904 and again in 1921, but collectors covet the chance to own this particular US silver dollar design. Right now, certified 1921 Morgan Silver Dollar Coins a... Read More

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    1882-CC Morgan Silver Dollar Coin (GSA)

    One year after striking just 296,000 Morgan Dollars in 1881, the Carson City Mint issued nearly1 million additional coins in 1882 for a total of 1.133 million. Many of the Carson City Mint-issued Morgan Silver Dollars from the 19th century ended up going directly from the mint to US Treasury vaults, never making it to circulation. In the 1960s, the Treasury discovered a vast hoard of uncirculated Carson City Morgan Dollars, including more than ha... Read More

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    1883-CC Morgan Silver Dollar Coin (GSA)

    Throughout the early 1880s, the United States Mint was striking somewhere between 25 million and 30 million Morgan Silver Dollars per year for use in circulation. The Philadelphia Mint and San Francisco Mint initially led the charge in striking Morgan Dollars, but by the mid-to-late 1880s, the New Orleans Mint had overtaken the San Francisco Mint as one of the top producers of the coins. Today, 1883-CC Morgan Silver Dollars from the GSA are avail... Read More

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    1884-CC Morgan Silver Dollar Coin (GSA)

    1884 saw mintage figures across the four mints striking Morgan Silver Dollars take some big swings. The Philadelphia Mint produced nearly 2 million additional coins over its 1883 mintage level and nearly set a new record high for single-year production, while the New Orleans Mint set a new record for its coining of Morgan Dollars by striking a total of 9.73 million coins. Meanwhile, the San Francisco Mint saw a drastic fall in its production of t... Read More

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    Morgan Silver Dollar 5-Coin Set PCGS MS63 (1878-1904)

    The Morgan Silver Dollar coin was introduced in 1878 by the United States Mint. The introduction of this silver dollar series represented the restart of US silver dollar coining after a five-year hiatus. Right now, Morgan Silver Dollar 5-Coin Sets...... Read More

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    Morgan Silver Dollar 5-Coin Set NGC MS64 (1878-1904)

    Among the US coin designs that collectors can still find today, the Morgan Silver Dollar is one of the most coveted. With the majority of its date marks issued in the 19th century, the coins are a popular piece of any silver collection. Now, Morgan Silver Dollar 5-Coin Sets are available to you for purchase online from JM Bullion with PCGS certification. Coin Set Highli... Read More

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    1881-CC Morgan Silver Dollar Coin (GSA, Box + CoA)

    One of the lowest mintage dates for the Morgan Silver Dollar at the Carson City Mint came in 1881. Just the fourth year of production at the mint, only 296,000 Morgan Silver Dollars were produced by the Carson City Mint in 1881. More than half of those coins were never released into circulation and spent nearly a century in US Treasury vaults before being released to colle... Read More

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    Morgan Silver Dollar 5-Coin Set NGC MS65 (1878-1904)

    The Morgan Silver Dollar represents a unique crossroads in the history of the American silver dollar program. The silver dollars of the United States only enjoyed two long production runs and both came in the 19th century. The Morgan Silver...... Read More

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    Buying Morgan Silver Dollars Online

    U.S. Silver Dollars are one of the most popular coins in America. Their large size and beautifully detailed faces make them a prized commodity among collectors and investors alike. One coin in particular, the Morgan Silver Dollar, is admired by many. In fact, the coin has been lauded as one of the most beautiful pieces of coinage that the United States Mint has ever released.

    What makes the Morgan Dollar so attractive to collectors? Aside from its striking design and the fact that it is composed of 90% silver, many people seek out this coin because of its rich historic value.

    Prior to 1792, the United States wasn’t allowed to strike its own coinage. Instead, early merchants and colonists used coins from all over Europe, but they were especially fond of the Spanish Silver Dollar from Mexico City. It wasn’t until the Mint Act of April 2, 1792, that the Philadelphia Mint was established and that the U.S. Silver Dollar was named the highest denomination silver coin.

    In 1859, prospectors in Virginia City, Nevada, discovered the Comstock Lode, the largest silver vein that the world had ever seen. This silver, combined with German silver that had entered circulation in the U.S., flooded the market. As a result, the value of silver began to decrease in 1873. This prompted Congress to pass the Coinage Act of 1873, which ceased all production of silver coinage in the U.S.

    A Deal Is Struck

    By 1878, silver producers working with the Comstock Lode had more silver than they knew what to do with. Around this time, many Americans were out of work. So, Congress decided to take advantage of the situation, striking a deal with silver producing companies. The Bland-Allison Act of 1878 restored silver as legal tender and required the U.S. Treasury to buy large quantities of the precious metal, which would create more jobs within the mining companies themselves. It was then that the U.S. found itself in need of a new coin design.

    The Right Man for the Job

    The director of the U.S. Mint, Henry Richard Linderman crossed the pond to find the most qualified artist to design the new silver coin and to serve as assistant engraver at the Mint in Philadelphia. George T. Morgan, age 30, came highly recommended by the Deputy Master of the Royal Mint in London. According to the deputy, Morgan was a very talented engraver, but there were few positions open in London at the time.

    Morgan accepted Linderman’s offer, taking up tenure at the Philadelphia Mint where he worked on a six-month trial basis under Chief Engraver William Barber. During his stay there, Morgan designed pattern coins that were originally intended for the half dollar. He had studied at the Pennsylvania Academy of the Fine Arts to prepare for designing a Liberty head for the coin, and he researched the nature of the bald eagle. Both were included in his pattern for the half dollar, but Linderman had other plans for Morgan’s design.

    The Morgan Dollar

    Linderman instructed both Morgan and Barber to design a coin depicting Lady Liberty on the obverse and an eagle on the reverse. When designing his half dollar Liberty, Morgan had decided to depict an American woman instead of a typical Greek profile. His friend suggested Anna Willess Williams to model for the portrait. The young woman, a teacher from Philadelphia, sat for Morgan five times, after which he declared that her profile was the most perfect that he had ever seen.

    He used this design on the obverse of the silver dollar, along with the depiction of an eagle with its wings outstretched on the reverse. Liberty is portrayed as a goddess, her cap adorned with two stalks of wheat and two cotton blossoms as a nod to America’s agricultural heritage. The eagle holds an olive branch — which symbolizes peace — and it perches atop a bundle of arrows, a symbol of war. The idea behind this image is that, although the U.S. is a peace-loving nation, she will always defend her borders against attack. Linderman chose this design over Barber’s, and the Morgan Silver Dollar was authorized for circulation in February 1878.

    Another Flooded Market

    Because of the Bland-Allison Act, the U.S. Mint struck large quantities of the Morgan Dollar from 1878 to 1904 in Carson City, San Francisco, New Orleans, and Denver (many Morgan Dollars have a mint mark indicating in which city they were produced). The Act required the Treasury to buy between two and four million dollars in silver each month to be struck into one dollar coins. It wasn’t long before the supply of coins exceeded demand, and millions of coins sat in banks, unused. To add to the flooding, another briefly lived act, the Sherman Silver Purchase Act of 1890, raised the amount of silver that the Treasury was required to buy to 4.5 million dollars.

    The Sherman Act was repealed three years later, but the damage was done. The country was in financial crisis since the oversupply of silver prompted investors to hoard large amounts of gold. Congress slowed the production of Morgan Dollars, finally halting it altogether in 1904 when the bullion supply for silver dollar minting had been exhausted.

    Morgan Dollars of 1921

    Nearly two decades later, the Pittman Act was passed in 1918 as a solution to the huge amounts of unused silver dollars in American banks. The Treasury had to melt down 270 million Morgan Dollars, allowing time for demand of the coins to rise. In 1921, the U.S. Mint used the silver bullion supply from the Pittman Act to create a new series of Morgan Silver Dollars. It was the final year that these beautiful coins were minted, and it represents the majority of coins available for collection today. Later that year, the Peace Silver Dollar took its place.

    Morgan Silver Dollars Today

    The Morgan Dollar remains one of the most popular coins today for many reasons. Although it is not a particularly rare or obscure piece, it is visually striking and historically important, not to mention that it’s composed of 90% silver. Collectors also enjoy the added bonus of being able to use the coin as currency even now, as the Morgan Dollar’s value will never drop below a dollar.

    The Morgan Silver Dollar represents an important era of our nation’s history. Adding this beautifully designed coin to your collection means bringing a part of that significant time right into your home. If you’re looking to expand your collection with this truly stunning, significant piece of coinage, JM Bullion can help you find exactly what you’re seeking.

    Coin Grade Definitions

    Almost Uncirculated (AU) This is the first grade below Mint State, Proof, and Specimen Proof certification conditions. AU coins have small traces of wear visible, but only on the highest points of the coin’s design features and other surfaces.
    Extremely Fine (XF or EF) The grade below AU, these coins have a very light wear that is noticeable, but only features on the highest points of the coin’s design features and other surface areas.
    Very Fine (VF) The next step down on the grading charge, VF coins have light to medium wear visible. The major features of the coin remain sharp, but minor wear begins to become visible on various surfaces of the coin including the highest points of the design and lower down as well.
    Fine Very Fine coins are those which have light to medium wear, but all major features of the coin’s design and surface areas remain sharp. On a larger scale from Mint State down to Fair and Cull, Very Fine coins fall two steps above Very Good coins and two steps below Almost Uncirculated coins.
    Very Good (VG or VG+) Known as Very Good, or in this case Very Good Plus, this type of coin is well worn. However, the design features of the coin are clear, but flat and may be lacking details. VG+ coins are considered Very Good, but have fewer abnormalities or wear patterns than a standard VG coin.
    Very Good/Very Fine (VG-VF) In many cases coins do not have all of the positive or negative features of a certain grading level. For example, the difference between Very Good, Fine, and Very Fine coins can be extremely minimal in nature and subject to the interpretation of the grader. VG-VF coins are those which have a level of wear that falls between worn and light wear, and don’t fit perfectly into either the VG, F, or VF grades.
    Good (G) Further down the grading scale are Good coins. Those coins in G condition are heavily worn throughout the design and surface areas. The overall design of the coin and legend are visible, but faint in some areas of the coin’s surface.
    About Good (AG) Coins in this condition are just a few steps above cull in their value and quality. AG coins have an outlined design, with parts of the date, legend, and design features worn smooth in some areas.
    Fair (F) The final step above Cull, coins in this condition are difficult to decipher in great detail. Damage and wear is so significant that you can identify the coin by its type, but grading the specific details of the design, date, and legend are near-impossible due to the advanced state of degradation.
    Cull Coins which most collectors wouldn’t be interested in because of exceedingly poor condition of the surfaces and design features. Common wear features of a cull coin include extremely large scratches, exceedingly dark toning, corrosion, pitting, or more significant problems such as retooling, bends, holes, and major gouges in the coin.
    Basal State These coins are on-par in some senses with Cull. While cull coins are often visible as to the design features, date, and legend, they have significant points of damage as covered above. With a Basal State coin, the most identification that can be made is that the lump of metal in your hand is a coin.

    Buying Morgan Silver Dollars at JM Bullion

    If you have any questions about Morgan Silver Dollars, please don’t hesitate to ask. JM Bullion customer service is available at 800-276-6508, online using our live chat, and through our email address. We would encourage you to review our Payment Methods FAQ for simple answers to common payment-related questions. However, you can always reach out to us if you cannot find an answer on that page or require any further clarification.