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The Morgan dollar was created in response to the passage of the Bland-Allison Act of 1878. After the five year depression following the Panic of 1873, so-called "Silverites" proposed a bimetallic standard that would see silver coined into dollars at the former gold/silver ratio of 16:1. The Silverites felt that this act would help to re-inflate the dollar after the Panic of 1873.

George T. Morgan, an assistant engraver at the Philidelphia Mint produced the winning design for the dollar, hence it is referred to by his name. Anna Willess Williams modeled for Morgan as Lady Liberty. He said that her profile was the most perfect he had ever seen.

The Morgan silver dollar was minted from 1878 to 1904, with a one year return to production in 1921. The Morgan dollars were produced with ninety percent silver and ten precent copper in order to conform with the coinage act of 1837. In 1962 a silver certificate was partially redeemed for an uncirculated Morgan dollar, which set off a firestorm of interest in redeeming silver certificates to the US Treasury. Demand was huge, with some in lines pushing wheelbarrows. Several million uncirculated Morgan and Peace dollars were eventually discovered in vaults and sold off to the public.

These Morgan dollars are average circulated coins. They typically have wear on the coin. Some traces of mint luster may still exist. We have limited numbers of these available.

ABOUT THE UNITED STATES MINT

Established in 1792 as the first national mint in the United States, the United States Mint is a bureau of the Department of the Treasury responsible for official legal tender coinage production. The United States Mint has a mission to serve Americans as the sole manufacturer and distributor of circulating currency coins and other official American coinage. The U.S. mint also produces commemorative coins for collectors, silver and gold bullion coins for investors (such as the popular Eagle and Buffalo series), as well as Congressional Medals.

3645
Lightly Used
900
United States
U.S. Mint
USD 1
Obverse: George T. Morgan
1878
Left facing profile of Lady Liberty and the words "E Pluribus Unum" and the year
Bald eagle with wings spread clutching an olive branch and several arrows and the words "United States of America In God We Trust One Dollar"
0.7734 oz
379
2.85

We make sure your metals are handled with the utmost care until the moment they reach your hands.

Your order will be packed within 2 business days of cleared payment. Orders with pre-sale items will ship once all items are in-stock.

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We ship via express courier or United States Postal Service. To ensure your complete confidence, every package we ship is fully insured and tracked, with a signature required upon delivery.

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Every package we ship is fully insured. This means that you would receive a full refund or exchange in the extremely unlikely event that your package is lost or damaged during transit. Please remember to notify us of damage, tampering, or delivery issues within 24 hours of the signature or delivery date. Failure to notify us within this timeframe may impact our ability to cover your claim.

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Secure Your Future with Precious Metals IRA

Building a Brighter Tomorrow:

Diversify your IRA/401k with gold and silver, providing stability to your investment portfolio.

Tailored Services:

From account setup to selecting IRA-approved metals and coordinating secure storage in the USA, we offer a comprehensive service.

Transparency and Full Ownership:

Our transparent pricing policy ensures no hidden fees, and your investment in physical bullion is held securely on your behalf.

Diverse Investment Options:

Select from a variety of LBMA or COMEX-approved bullion, including gold, silver, platinum, and palladium.

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Choose your preferred storage location across the USA for fully insured storage of your metals.

Expert Guidance:

Our team assists with every step, from setting up your IRA account to finalizing purchases, ensuring a hassle-free experience​​​​​​​​​​​​.

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World-Class Security:

Your investments are protected in Brink's vaults, complete with armed guards and 24/7 surveillance. Each deposit is fully insured by Lloyd's of London, ensuring peace of mind.

Global Reach, Local Service:

With over $150 million in customer deposits across 6 locations in 4 countries, we offer unmatched service and accessibility.

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Benefit from the lowest rates with 24/7 account balance updates, ensuring transparency at every step.

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Through our Instant Liquidity program, expect the best rates and funds transfer within 1 business day.

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Your holdings are confidential with us, thanks to our partnership with private entities like Silver Gold Depository, Lloyd's of London, and Brink's​​​​​​​​​​​​​​​​.

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