1884 $1 Morgan CACG MS61

The 1884 Morgan Silver Dollar is an enduring symbol of American coinage from the late 19th century, embodying both artistry and the rich history of the silver dollar era. Struck during a time of significant silver production and economic transformation, this coin showcases the timeless design by George T. Morgan while offering collectors a tangible piece of U.S. history. This particular example, certified by CAC Grading as Mint State 61, presents a desirable combination of originality, affordability, and collectibility.

The Morgan Dollar series debuted in 1878 following the passage of the Bland-Allison Act, which required the U.S. Treasury to purchase and coin large amounts of silver mined primarily in the American West. Named after its designer, George T. Morgan, the coin quickly became one of the most recognizable pieces in U.S. numismatics. The obverse features an elegant portrait of Lady Liberty facing left, her cap adorned with wheat and cotton to symbolize the unity between agricultural regions of the North and South. The inscription “E PLURIBUS UNUM” arcs above, with the date of issue placed prominently at the bottom.

On the reverse, a heraldic eagle stands with wings spread wide, clutching arrows and an olive branch to represent the dual readiness for war and commitment to peace. Surrounding the eagle are the inscriptions “UNITED STATES OF AMERICA” and “ONE DOLLAR,” along with the national motto “IN GOD WE TRUST” above. The design is bold and deeply detailed, making the Morgan Dollar one of the most artistically admired coins in American history.

The year 1884 saw healthy production of Morgan Dollars at multiple U.S. Mints, resulting in a large number of coins being stored in Treasury vaults for decades before release. Many examples emerged in pristine condition during the mid-20th century when the General Services Administration sold silver dollars from government hoards. This long period of storage helped preserve many coins with bright luster and minimal wear, making Mint State survivors relatively available to collectors today.

Graded MS61 by CACG, this example offers an appealing combination of original surfaces and affordability within the Mint State range. At this grade, the coin retains its full mint luster and sharp design details, though it may display light contact marks or minor abrasions from handling at the Mint or during storage. These small imperfections are balanced by the coin’s overall eye appeal, making it a solid choice for collectors building a complete date set or type collection of Morgan Dollars. The CACG certification ensures the coin’s authenticity and verifies that it meets strict quality standards for the grade.

The 1884 Morgan Silver Dollar is struck in 90 percent silver and 10 percent copper, with a total silver content of .77344 troy ounces. This intrinsic value adds to its appeal, providing both collectible charm and tangible precious metal worth. Beyond its bullion content, the coin holds historical importance as a product of the United States Mint during an era of expanding commerce and industrial growth.

For collectors, the MS61 grade represents an accessible way to own a true Mint State Morgan Dollar without the significant price premiums of higher grades. While MS65 and above command strong interest among high-end buyers, MS61 examples deliver a balance of quality and value, making them popular for those seeking an attractive coin at a reasonable cost.

The 1884 Morgan Silver Dollar remains a cornerstone of American coin collecting. With its iconic design, rich historical context, and CACG-certified Mint State preservation, this piece is well-suited for display, investment, or as part of a long-term collection. Whether you are a seasoned numismatist or a new collector looking for an affordable yet appealing Mint State coin, this 1884 Morgan Silver Dollar CACG MS61 represents a timeless choice that connects you directly to the heritage of U.S. coinage.