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The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
The last three dates have very low mintages but were preserved in substantial numbers. As half dollars were heavily circulated, prices tend to steeply rise for all coins in higher grades. "Condition rarities", relatively common and inexpensive in circulated condition but costly in high grades, include the 1901-S, 1904-S, and 1907-S half dollars.
The Morgan silver dollar. Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver, 92.5%) containing 26.73 g (0.859 ozt) of pure silver, [18] were struck between 1878 and 1904, with a minting in 1921 and a commemorative minting in 2021. [19]
The dollar coin returned in 1999, in a case very similar to the 1921 Morgan dollar, with the Susan B. Anthony dollar, to fill in until the Sacagawea dollar came about in 2000. Concurrent is the Presidential dollar series, which ended its production in the fall of 2016. The American Innovation dollar was introduced in late 2018.
The history of the United States dollar began with moves by the Founding Fathers of the United States of America to establish a national currency based on the Spanish silver dollar, which had been in use in the North American colonies of the Kingdom of Great Britain for over 100 years prior to the United States Declaration of Independence.
A History of the United States Mint and Its Coinage. New York: Whitman, 2005. 190 pp. Taxay, Don. The United States Mint and Coinage: An Illustrated History from 1776 to the Present. New York: Arco, 1966. 400 pp. The Old U.S. Mint: A Historic Property of the Louisiana State Museum. Brochure. New Orleans: Louisiana State Museum, 2005. 4 pp.