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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 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]
With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I ; although they failed to get Congress to pass a bill requiring ...
Morgan dollar, a dollar coin of the United States depicting the goddess Liberty, minted from 1878 to 1904, then again in 1921, and issued as a commemorative in 2021; Peace dollar, a dollar coin of the United States depicting the goddess Liberty and bearing the inscription "Liberty", minted from 1921 to 1928, again in 1934 and 1935, and issued ...
Free coinage of silver means a person could bring silver ingots to the United States Mint and have them coined. For example, $0.53 of silver would produce a silver dollar, which is what the Morgan dollar (1878-1921) contained. If the government issued dollars containing 100 cents worth of silver, they would have been very large and cumbersome.
Three cent pieces made of silver, and later copper-nickel, were also made around this era. From 1875 to 1878, Twenty cent pieces were made in the Seated Liberty design. A Three-dollar piece of gold was minted from 1854 to 1889. In 1878, the first Morgan Silver Dollars were minted; this series lasted until 1904 and was revived for several months ...