The new silver dollar was named for its designer, the English-born assistant engraver at the Philadelphia Mint, George T. They lobbied and pressured their congressmen, and after five years of heated debate, Congress authorized the production of new silver dollars in 1878. Silver dollars made up less than one percent of circulating silver, so most people weren't affected.īut silver mine owners were outraged. Five years before the first Morgan silver dollars were struck, the Mint Act of February 1873 had stopped producing circulating Liberty Seated silver dollars in favor of gold dollars and silver Trade dollars primarily used in foreign trade. Silver Dollars Return With the Morgan Dollarįirst-year Morgan dollars have an extra measure of interest and historical significance. It yielded incredible amounts of silver, and helped give rise to the Morgan silver dollar. Today, the Comstock Lode of Nevada is known as the Queen of the Silver Strikes. The soil turned out to be incredibly rich in silver, yielding $4,700 a ton! Over the next two decades, the Comstock Lode produced more than $300 million in precious metals – and that was in 19th-century dollars. Curious about the heavy black soil being thrown aside by the ton, he sent a sample to be assayed in California. Their find became known as the Comstock vein, and captured the attention of California gold rush veteran J.F. Experienced miners, the two recognized gold and eagerly began washing away the heavy black soil. Digging a ditch to collect water, they found rich black soil that yielded a layer of glittering ore. In 1859, Patrick McLaughlin and Peter O'Riley were prospecting in Six Mile Canyon near Carson City. To fully understand the historical significance of Morgan silver dollars, we must go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode. Browse our selection below to add a special piece of American history to your collection. At Littleton Coin, you can buy Morgan silver dollars with confidence, knowing every item has been closely inspected to ensure it meets our strict quality standards. With several simple ways to order, along with our expertise and unparalleled customer service, we aim to make coin collecting easy. Our Morgan dollars come in singles and sets, and are available in various presentations, including case and album options.įinding Morgan silver dollars for sale from a source you can trust can sometimes be a challenge. Choose from a multitude of years, mint marks and grades. Littleton Coin Company is proud to offer a large assortment of these popular coins in a wide range of options. Known as the "King of America's coins," it was minted in 90% silver from 1878-19, then once more – in 99.9% pure silver – in 2021. Instead, they released Special Mint Sets featuring extra-high-quality Uncirculated coins during those years.The Morgan silver dollar is one of the most famous and highly collected U.S. These limited-issue coins in mint-sealed sets are always highlights in any collection! Special Mint Setsīecause of a coin shortage during the mid-1960s, the US Mint did not release US Mint and Proof Sets from 1965-1967. This creates sharp, high-relief designs against brilliant mirrorlike surfaces, and Proofs from the prestigious San Francisco Mint represent the finest examples of minting art. Each Proof is struck at least twice, at slow speed and with extra pressure. The blanks are hand fed into a specially adapted coin press. Proofs are made in limited quantities with specially buffed and polished dies and coin blanks. The term "Proof" refers to how the coin is made – not its condition. Proof Sets contain special versions of each coin denomination and design issued by the U.S. The highest-quality US coins come presented as official mint-sealed Proof Sets. When Presidential dollars debuted in 2007, new folder packaging was introduced that contains coin specifications and allows a clear view of the obverse, reverse and edge inscriptions. Packaged especially for collectors, these handsome Uncirculated Mint Sets are issued in strictly limited quantities.įrom 1965-2006, US Mint Sets were issued in traditional Pliofilm packaging, with each mint's coins sonically sealed in protective pockets. Issued since 1947, US Mint Sets contain one coin of each denomination from every mint that struck them for circulation (coins in US Mint Sets are typically from the Philadelphia and Denver Mints, though some years include special coins from the San Francisco or West Point Mints).
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