Morgan Silver Dollars

Morgan Dollars are United States silver dollars struck from 1878 through 1904, and again in 1921, along with a modern commemorative revival beginning in 2021. Each coin is composed of 0.900 fine silver, weighing 26.73 grams (approximately 0.7734 troy oz of pure silver), and carries a face value of one dollar. The series takes its name from its designer, George T. Morgan, whose initials appear on the obverse truncation of Liberty's neck.

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About Morgan Silver Dollars

The obverse features a left-facing portrait of Liberty wearing a coronet and a Phrygian cap, flanked by stars, while the reverse depicts a heraldic eagle with outstretched wings. Coins were produced at several mint facilities — Philadelphia, Carson City (CC), New Orleans (O), San Francisco (S), and Denver (D) — and mint marks are a central focus for collectors. Key dates, die varieties (particularly VAM attributions catalogued by Van Allen and Mallis), and mint-mark combinations drive significant collector interest. Grades range widely, from heavily circulated examples to pristine Mint State (MS) specimens, including proof issues struck for collectors.

On Lone Star Coins, the Morgan Dollar listings span the full run of the series: circulated grades, BU rolls, raw and NGC/PCGS-certified examples, individual key and semi-key dates, and common-date bulk lots. Buyers will find offerings from multiple vetted dealers, covering a broad range of years, mint marks, and grade levels — from affordable circulated pieces to high-grade certified coins sought by advanced registry-set collectors.

Updated June 2026

Frequently asked questions

Morgan Dollars were produced from 1878 to 1904, then again in 1921, making for a 28-issue run across the classic era. The U.S. Mint also struck a commemorative Morgan Dollar series beginning in 2021, reviving the design with modern minting standards. Each era and mint facility combination represents a distinct collectible entry point within the series.