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 the 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 Wall Street Metals.
- Arrives in a protective plastic flip.
- Contains .7734 Troy oz of actual silver content.
- Face value of $1 (USD) is fully backed by the US government.
- The obverse features the left-profile portrait of Liberty.
- Reverse includes the American bald eagle.
- Designed by George T. Morgan.
The particular Morgan Silver Dollar coins available through this product listing were struck only in 1921 by the United States Mint. The Morgan Silver Dollar was a truly unique coin in a number of ways. First and foremost, its introduction into circulation as a silver dollar coin in 1878 ended a five-year span in which no silver dollars were produced by the US Mint.
Morgan Silver Dollars were produced by the Mint from 1878 to 1904, and then production was halted coining of the Morgans after the passage of a bill under the Sherman Silver Purchase Act that forced the US Mint to stop striking the coins once silver reserves purchased in the Act were depleted.
The 1921 Morgan Silver Dollar marked the reintroduction of silver dollars after World War I, but it was a short-lived return for the Morgan design. The Philadelphia Mint struck 44.69 million coins that year with no mint mark, while the Denver Mint struck 20.34 million with a D mark and the San Francisco Mint struck 21.695 million with an S mint mark.
On the obverse of the Morgan Silver Dollar is the left-profile portrait of Liberty, with 13 stars arranged around her image. The reverse includes the image of the American bald eagle clutching arrows in one talon and an olive branch in the other. This design was replaced later in 1921 by the new Peace Silver Dollars.
Each of the Morgan Silver Dollar 1921 coins in this product listing are in BU condition. Coins in this condition have no signs of wear and tear, though you may notice a range of minor flaws including breaks in the luster, spotted surfaces, and contact marks from the production process at the mint.