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Morgan (1878 - 1921)

The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with the Orient.

Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight (412-1/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837.

George T. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse on the left-hand loop of the ribbon.

Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. Under provisions of the Pittman Act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar was resumed. The Morgan design, with some slight refinements, was employed until the new Peace design was adopted later in that year.

Varieties listed are those most significant to collectors. Numerous other variations exist. Values are shown for the most common pieces. Prices of variations not listed in this guide depend on collector interest and rarity.

Sharply struck, prooflike Morgan dollars have highly reflective surfaces and are very scarce, usually commanding substantial premiums.

Morgan (1878 - 1921)
1878 - 1921

Morgan (1878 - 1921)

Coin Attributes

  • Design Years: 1878 - 1921
    Designer: George T. Morgan
    Weight: 26.730 grams
    Diameter:38.1 mm
    Composition:
    • 0.9000 silver, 0.1000 copper
    Edge: reeded
    Metal Oz: 0.77344
    Melt Value (silver): $14.48
Grade Price Guide
Circ|MS|PF
  • Description
  • Mintage
  • VF-20 Very Fine. Very Fine.
  • EF-40 Extremely Fine. Extremely Fine.
  • AU-50 About Uncirculated. About Uncirculated.
  • MS-60 Uncirculated. Uncirculated.
  • MS-63 Choice Uncirculated. Choice Uncirculated.
  • MS-63DMPL Mint State. Mint State.
  • MS-64 Very Choice Unc.. Very Choice Unc..
  • MS-64DMPL Mint State. Mint State.
  • MS-65 Gem Uncirculated. Gem Uncirculated.
  • MS-65DMPL Mint State. Mint State.
  • MS-66 Gem Unc.. Gem Unc..
  • PF-20 Proof. Proof.
  • PF-40 PF-40. PF-40.
  • PF-50 Proof. Proof.
  • PF-60 PF-60. PF-60.
  • PF-63 Choice Proof. Choice Proof.
  • PF-64 Gem Proof. Gem Proof.
  • PF-65 Gem Proof. Gem Proof.
  • 1878, 8 Feathers
  • 749,500
    • 1878, 7 Feathers
    • 9,759,300
      • 1878, 7 Feathers, Proof
      • 250
        • 1878CC
        • 2,212,000
          • 1878S
          • 9,774,000
            • 1879

              1879

              Silver and Related Dollars Morgan (1878 - 1921) 1879
              Silver and Related Dollars Morgan (1878 - 1921) 1879
            • 14,806,000
            • 35
            • 1879CC
            • 756,000
              • 1879O
              • 2,887,000
                • 1879S
                • 9,110,000
                  • 1880
                  • 12,600,000
                    • 1880CC
                    • 591,000
                      • 1880O
                      • 5,305,000
                        • 1880S
                        • 8,900,000
                          • 1881

                            1881

                            Silver and Related Dollars Morgan (1878 - 1921) 1881
                            Silver and Related Dollars Morgan (1878 - 1921) 1881
                          • 9,163,000
                          • 35
                          • 1881O
                          • 5,708,000
                            • 1881S

                              1881S

                              Silver and Related Dollars Morgan (1878 - 1921) 1881S
                              Silver and Related Dollars Morgan (1878 - 1921) 1881S
                            • 12,760,000
                            • 35
                            • 1882

                              1882

                              Silver and Related Dollars Morgan (1878 - 1921) 1882
                              Silver and Related Dollars Morgan (1878 - 1921) 1882
                            • 11,100,000
                            • 35
                            • 1882O
                            • 6,090,000
                              • 1882S

                                1882S

                                Silver and Related Dollars Morgan (1878 - 1921) 1882S
                                Silver and Related Dollars Morgan (1878 - 1921) 1882S
                              • 9,250,000
                              • 35
                              • 1883

                                1883

                                Silver and Related Dollars Morgan (1878 - 1921) 1883
                                Silver and Related Dollars Morgan (1878 - 1921) 1883
                              • 12,290,000
                              • 35
                              • 1883O

                                1883O

                                Silver and Related Dollars Morgan (1878 - 1921) 1883O
                                Silver and Related Dollars Morgan (1878 - 1921) 1883O
                              • 8,725,000
                              • 35
                              • 1883S

                                1883S

                                Silver and Related Dollars Morgan (1878 - 1921) 1883S
                                Silver and Related Dollars Morgan (1878 - 1921) 1883S
                              • 6,250,000
                              • 35
                              • 1884
                              • 14,070,000
                                • 1884O

                                  1884O

                                  Silver and Related Dollars Morgan (1878 - 1921) 1884O
                                  Silver and Related Dollars Morgan (1878 - 1921) 1884O
                                • 9,730,000
                                • 35
                                • 1884S

                                  1884S

                                  Silver and Related Dollars Morgan (1878 - 1921) 1884S
                                  Silver and Related Dollars Morgan (1878 - 1921) 1884S
                                • 3,200,000
                                • 40
                                • 1885
                                • 17,787,000
                                  • 1885CC
                                  • 228,000
                                    • 1885O

                                      1885O

                                      Silver and Related Dollars Morgan (1878 - 1921) 1885O
                                      Silver and Related Dollars Morgan (1878 - 1921) 1885O
                                      Silver and Related Dollars Morgan (1878 - 1921) 1885O
                                      Silver and Related Dollars Morgan (1878 - 1921) 1885O
                                    • 9,185,000
                                    • 35
                                    • 1885S

                                      1885S

                                      Silver and Related Dollars Morgan (1878 - 1921) 1885S
                                      Silver and Related Dollars Morgan (1878 - 1921) 1885S
                                    • 1,497,000
                                    • 50
                                    • 1886
                                    • 19,963,000
                                      • 1886O
                                      • 10,710,000
                                        • 1887
                                        • 20,290,000
                                          • 1887O
                                          • 11,550,000
                                            • 1887S

                                              1887S

                                              Silver and Related Dollars Morgan (1878 - 1921) 1887S
                                              Silver and Related Dollars Morgan (1878 - 1921) 1887S
                                            • 1,771,000
                                            • 40
                                            • 1888

                                              1888

                                              Silver and Related Dollars Morgan (1878 - 1921) 1888
                                              Silver and Related Dollars Morgan (1878 - 1921) 1888
                                            • 19,183,000
                                            • 35
                                            • 1888O
                                            • 12,150,000
                                              • 1888S

                                                1888S

                                                Silver and Related Dollars Morgan (1878 - 1921) 1888S
                                                Silver and Related Dollars Morgan (1878 - 1921) 1888S
                                              • 657,000
                                              • 175
                                              • 1889
                                              • 21,726,000
                                                • 1889O
                                                • 11,875,000
                                                  • 1890

                                                    1890

                                                    Silver and Related Dollars Morgan (1878 - 1921) 1890
                                                    Silver and Related Dollars Morgan (1878 - 1921) 1890
                                                  • 16,802,000
                                                  • 35
                                                  • 1890CC
                                                  • 2,309,041
                                                    • 1890O
                                                    • 10,701,000
                                                      • 1890S

                                                        1890S

                                                        Silver and Related Dollars Morgan (1878 - 1921) 1890S
                                                        Silver and Related Dollars Morgan (1878 - 1921) 1890S
                                                      • 8,230,373
                                                      • 35
                                                      • 1891

                                                        1891

                                                        Silver and Related Dollars Morgan (1878 - 1921) 1891
                                                        Silver and Related Dollars Morgan (1878 - 1921) 1891
                                                      • 8,693,556
                                                      • 35
                                                      • 1891CC
                                                      • 1,618,000
                                                        • 1891O
                                                        • 7,954,529
                                                          • 1891S

                                                            1891S

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1891S
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1891S
                                                          • 5,296,000
                                                          • 35
                                                          • 1892

                                                            1892

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892
                                                          • 1,036,000
                                                          • 43
                                                          • 1892O

                                                            1892O

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892O
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892O
                                                          • 2,744,000
                                                          • 40
                                                          • 1892S

                                                            1892S

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892S
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1892S
                                                          • 1,200,000
                                                          • 140
                                                          • 1893

                                                            1893

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1893
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1893
                                                          • 378,000
                                                          • 225
                                                          • 1893O

                                                            1893O

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1893O
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1893O
                                                          • 300,000
                                                          • 325
                                                          • 1894

                                                            1894

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894
                                                          • 110,000
                                                          • 1,250
                                                          • 1894O

                                                            1894O

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894O
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894O
                                                          • 1,723,000
                                                          • 60
                                                          • 1894S

                                                            1894S

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894S
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1894S
                                                          • 1,260,000
                                                          • 95
                                                          • 1895O

                                                            1895O

                                                            Silver and Related Dollars Morgan (1878 - 1921) 1895O
                                                            Silver and Related Dollars Morgan (1878 - 1921) 1895O
                                                          • 450,000
                                                          • 400
                                                          • 1895S
                                                          • 400,000
                                                            • 1896
                                                            • 9,976,000
                                                              • 1896O
                                                              • 4,900,000
                                                                • 1896S

                                                                  1896S

                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1896S
                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1896S
                                                                • 5,000,000
                                                                • 70
                                                                • 1897

                                                                  1897

                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897
                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897
                                                                • 2,822,000
                                                                • 35
                                                                • 1897O

                                                                  1897O

                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897O
                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897O
                                                                • 4,004,000
                                                                • 35
                                                                • 1897S

                                                                  1897S

                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897S
                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1897S
                                                                • 5,825,000
                                                                • 35
                                                                • 1898

                                                                  1898

                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1898
                                                                  Silver and Related Dollars Morgan (1878 - 1921) 1898
                                                                • 5,884,000
                                                                • 35
                                                                • 1898O
                                                                • 4,440,000
                                                                  • 1898S

                                                                    1898S

                                                                    Silver and Related Dollars Morgan (1878 - 1921) 1898S
                                                                    Silver and Related Dollars Morgan (1878 - 1921) 1898S
                                                                  • 4,102,000
                                                                  • 40
                                                                  • 1899

                                                                    1899

                                                                    Silver and Related Dollars Morgan (1878 - 1921) 1899
                                                                    Silver and Related Dollars Morgan (1878 - 1921) 1899
                                                                  • 330,000
                                                                  • 180
                                                                  • 1899O
                                                                  • 12,290,000
                                                                    • 1899S

                                                                      1899S

                                                                      Silver and Related Dollars Morgan (1878 - 1921) 1899S
                                                                      Silver and Related Dollars Morgan (1878 - 1921) 1899S
                                                                    • 2,562,000
                                                                    • 48
                                                                    • 1900
                                                                    • 8,830,000
                                                                      • 1900O
                                                                      • 12,590,000
                                                                        • 1900S

                                                                          1900S

                                                                          Silver and Related Dollars Morgan (1878 - 1921) 1900S
                                                                          Silver and Related Dollars Morgan (1878 - 1921) 1900S
                                                                        • 3,540,000
                                                                        • 40
                                                                        • 1901
                                                                        • 6,962,000
                                                                          • 1901O

                                                                            1901O

                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1901O
                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1901O
                                                                          • 13,320,000
                                                                          • 35
                                                                          • 1901S

                                                                            1901S

                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1901S
                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1901S
                                                                          • 2,284,000
                                                                          • 45
                                                                          • 1902

                                                                            1902

                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1902
                                                                            Silver and Related Dollars Morgan (1878 - 1921) 1902
                                                                          • 7,994,000
                                                                          • 35
                                                                          • 1902O
                                                                          • 8,636,000
                                                                            • 1902S

                                                                              1902S

                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1902S
                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1902S
                                                                            • 1,530,000
                                                                            • 140
                                                                            • 1903

                                                                              1903

                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1903
                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1903
                                                                            • 4,652,000
                                                                            • 50
                                                                            • 1903O

                                                                              1903O

                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1903O
                                                                              Silver and Related Dollars Morgan (1878 - 1921) 1903O
                                                                            • 4,450,000
                                                                            • 340
                                                                            • 1903S
                                                                            • 1,241,000
                                                                              • 1904

                                                                                1904

                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904
                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904
                                                                              • 2,788,000
                                                                              • 40
                                                                              • 1904O

                                                                                1904O

                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904O
                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904O
                                                                              • 3,720,000
                                                                              • 35
                                                                              • 1904S

                                                                                1904S

                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904S
                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1904S
                                                                              • 2,304,000
                                                                              • 80
                                                                              • 1921

                                                                                1921

                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1921
                                                                                Silver and Related Dollars Morgan (1878 - 1921) 1921
                                                                              • 44,690,000
                                                                              • 32
                                                                              • 1921D
                                                                              • 20,345,000
                                                                                • 1921S
                                                                                • 21,695,000
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