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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]
Seated Liberty dime (1871–1878) Twenty-cent piece (1875–76) Seated Liberty quarter (1870–1878) Seated Liberty half dollar (1870–1878) Seated Liberty dollar (1870–1873) Trade dollar (1873–1878) Morgan dollar (1878–1885 and 1889-1893) Note: A Seated Liberty dollar was the first coin to be struck at Carson City.
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.
The Top 100 Morgan Dollar Varieties: The VAM Keys 4th Edition (4th ed.). Port Charlotte, Florida: Rare Coin Investments. p. 200. ISBN 978-0965364553. Van Allen, Leroy C.; Mallis, George (1977). The Comprehensive Catalogue and Encyclopedia of U. S. Morgan and Peace Silver Dollars. New York, New Yok: Arco publishing. p. 316. ISBN 9780668040211
He continued and said "I think this coin is worth something north than 50 and less than 100." And no, the expert wasn't quoting between $50 and $100. He valued the coin between $50,000 and $100,000.