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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 first year of issue, the 1892-O, is generally considered the "key" issue of this series, although it remains readily available in lower grades. Until the mint closed half dollars were minted most following years. Dollars: Seated Liberty 1846, 1850, 1859–60 Morgan: 1879–1904 The most common coin produced by the New Orleans Mint.
The American trade dollar therefore had to contain more silver, at 420 grains of 90% fine silver, fine content 378.0 grains (24.49 g), or 0.44 g more fine silver than the regular circulation Seated Liberty Dollars and Morgan Dollars. Most trade dollars ended up in China during their first two years of production, where they were very successful.
1879 $4 Coiled Hair United States Memorable Sale; Spectrum Heritage Auctions: January 2019 $1,050,000 1866 Seated Dollar, No Motto PR-63+ United States Simpson Heritage Auctions April 2021 $1,041,300 1879 $4 Coiled Hair United States Gold Rush Collection Bonhams September 2013 $1,035,000 1894 10c United States Daggett, Parker, World-Wide
The certificates were initially redeemable for their face value of silver dollar coins and later (for one year from June 24, 1967, to June 24, 1968) in raw silver bullion. [1] Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value and thus are still an accepted ...
The Quarter-Dollar, Half-Dollar and Dollar coins were issued in the copper 91.67% nickel 8.33% composition for general circulation and the Government issued six-coin Proof Set. A special three-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof.