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Morgan Silver Dollars

First struck in 1878 using silver from the largest ever silver strike in American history, the Morgan silver dollar is one of the most beloved coins ever to be struck by the U.S. Mint. Morgan Silver Dollar coins were minted from 1878 and 1904, then again between 1921.

The Morgan Silver Dollar is comprised of 90% silver and 10% copper, giving it a net weight of .77344 oz. of pure silver. It has a weight of 26.73 grams and a diameter of 38.1 mm. The Peace Silver Dollar was struck at the Philadelphia, Carson City, San Francisco, New Orleans, and Denver mints.

Today, the Morgan silver dollar is a highly cherished collectible coin that also offers several distinct benefits as a silver investment. The older Morgan silver dollars are considered to be more rare because many of them were melted down to produce the 1921 Morgan.

Legal Tender

The Morgan Silver Dollar remains U.S. legal tender.

Barter Coin

Their smaller denominations make them excellent barter coins.

Liquidity

Morgan Silver Dollars are widely recognized and can be liquidated quite easily.

Collection Value

In addition to their silver content, Morgan Silver Dollars also carry numismatic value.

This silver dollar was named after its designer George T. Morgan. The obverse of the Morgan Silver Dollar coin features a Liberty Head design, using the profile of an American woman, encircled by 13 five-point stars. The reverse of the Morgan Silver Dollar features the familiar American Bald eagle.

Bag Size Face Value Silver Purity Silver Weight
Full Bag $1,000 90% 773 oz.
Half Bag $500 90% 386 oz.
Quarter Bag $250 90% 193 oz.
Tenth Bag $100 90% 77 oz.