Morgan Silver Dollar

1878-1921 • United States • $1

About This Coin

The Morgan Dollar is one of America's most beloved coins, featuring Lady Liberty on the obverse and a majestic eagle on the reverse. Minted from 1878 to 1904 and again in 1921, it represents the height of American silver dollar design.

Specifications

Composition

90% Silver, 10% Copper

Weight

26.73 grams

Diameter

38.1 mm

Edge

Reeded

Designer

George T. Morgan

Mintage

Varies by year and mint mark (275,000 to 44,690,000)

Estimated Values by Condition

Condition	Estimated Value
Poor (P)	$25-35
Good (G)	$30-40
Fine (F)	$35-50
Very Fine (VF)	$40-60
Extremely Fine (EF/XF)	$50-100
Uncirculated (MS)	$75-500+

* Values are estimates based on market data and may vary significantly based on specific condition, mint mark, and market demand.

Identification Tips

Look for the mint mark on the reverse below the wreath (O, S, CC, D, or P). Check the date carefully - 1893-S is extremely valuable. The designer's initial "M" appears on the truncation of Liberty's neck.

Historical Context

Named after its designer George T. Morgan, this coin was minted following the Bland-Allison Act which required the U.S. Treasury to purchase silver and mint it into dollars. Production ceased in 1904 due to silver depletion but resumed briefly in 1921.

Notable Varieties

1878 7TF
1878 8TF
1879-CC Capped Die
1880-CC 8/7
1887/6-O
1900-O/CC

Frequently Asked Questions

What is the most valuable Morgan Dollar?

The 1893-S Morgan Dollar is the rarest regular issue, valued at $100,000+ in uncirculated condition. The 1889-CC is also extremely rare.

How can I tell if my Morgan Dollar is real?

Check the weight (26.73g), diameter (38.1mm), and use a magnet (real silver is non-magnetic). Look for crisp details and the proper reeded edge with 180 reeds.