$1 Morgan MS63 Certified (Dates/Types Vary)

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$1 Morgan MS63 Certified (Dates/Types Vary)$1 Morgan MS63 Certified (Dates/Types Vary)$1 Morgan MS63 Certified (Dates/Types Vary)$1 Morgan MS63 Certified (Dates/Types Vary)

The Morgan Dollar is an odd duck, but beloved among collectors.

It is large — nearly palm-sized — and heavy.

Perhaps it was made so large simply because there was so much silver floating around at the time!

The Comstock silver lode in Nevada yielded a million dollars’ worth of silver a week. This sheer quantity created a problem: if a market for all that silver was not generated, Nevada’s economy could collapse.

In the great American political tradition, lobbyists sprang into action. They persuaded the government to require the U.S. Treasury to buy $2-$4 million of silver every month and turn it into silver coin.

George T. Morgan, an engraver at the Mint, designed the new silver dollar. The obverse featured Lady Liberty’s head, and the reverse featured an eagle. He chose to depict Liberty as an American woman, rather than the typical Greek-style figures, and he looked to nature studies of the bald eagle to aid him in creating a new eagle design. America’s silver dollar coinage got a facelift that had long been desired

The Morgan Dollar was minted from 1878 to 1904 and again in 1921. The second-rarest year is 1894, because very few were released into circulation. And among Morgan Dollars minted at the Philadelphia Mint, Mint State 1894s are second rarest as well.

Prices Shown Subject to Change

The pricing quoted on this page is based on the current market price for this precious metal, which constantly fluctuates and we continuously update from 7 a.m. – 5 p.m. CT, Monday through Friday.

Online Orders

You will be charged the price listed at the time you place your order and it is confirmed as paid. If your order was not confirmed as paid, it may need to be reviewed by our fraud team and your price will not be locked in until you speak with a Blanchard account representative.

To protect against the rare event of abnormally volatile market conditions, we reserve the right to deny pricing quoted on this website.

Phone Orders

You will be charged the market price at the time you lock in your order with us.