Morgan Dollars
Morgan Dollar is a silver coin minted from 1878 to 1904 and again in 1921 for one more year. Morgan dollars are one of the greatest collectible series in American coins providing collectors with many dates and mint marks in uncirculated condition.
US $1.36
First Morgan dollar was minted in 1878, and was the first dollar issued for American commercial use since Liberty dollar of 1873. Morgan dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan silver dollar was authorized by the Bland-Allison Act of 1878 to protect silver prices and economy.
Morgan dollar was continuously minted until 1904. In 1918, the Pittman Act called for over 270 million coins to be melted for silver content. In 1921, Morgan Dollar mintage resumed for this year and was replaced by the Peace Dollar that would become standard issue. Since 1921 many Morgan Dollars have been melted, when silver prices escalate.
