The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
The Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925) and was minted from 1878 to 1904, and again in 1921. This iconic silver dollar represented the country’s westward expansion and industrial development in the late 19th century.
In honor of the 100th anniversary of the last year of the ‘Morgan Dollar’ the United States Mint is proud to present the 2021 Morgan Dollar, created through the use of modern technology and historical U.S. Mint assets. It has a beautiful uncirculated finish.
The obverse features Liberty in profile. A cap, flora, and a crown incused with the word "LIBERTY" adorn her head, while 13 stars, "E PLURIBUS UNUM," and the date of issuance encircle her.
The reverse depicts an eagle with outstretched wings clasping arrows and an olive branch, accompanied by a wreath. Reverse inscriptions are "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and "ONE DOLLAR."
Obverse Description
The obverse features Liberty in profile. A cap, flora, and a crown incused with the word "LIBERTY" adorn her head, while 13 stars, "E PLURIBUS UNUM," and the date of issuance encircle her.
Reverse Description
The reverse depicts an eagle with outstretched wings clasping arrows and an olive branch, accompanied by a wreath. Reverse inscriptions are "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and "ONE DOLLAR."
Book Reference
Designers: George T. Morgan (Morgan) and Anthony de Francisci (Peace), translated by modern Mint artists. Weight: 26.73 grams. Composition: .999 silver, .001 copper (net weight .8585 oz. pure silver). Edge: Reeded. Mints: Philadelphia, Denver, and San Francisco.
Key to Collecting: Congress passed the 1921 Silver Dollar Coin Anniversary Act (P.L. 116-286) “to mint and issue $1 coins in recognition of the 100th anniversary of completion of coinage of the Morgan dollar and the 100th anniversary of commencement of coinage of the Peace dollar.” The resulting products, first struck in 2021, are not precise copies of the older coins. Instead, per the authorizing legislation, the coins “honor” the original Morgan and Peace dollars with “renditions” of the designs used on the original Morgan and Peace silver dollars. With the aid of modern technology, Mint artists created the modern designs based on historical Mint assets.
Some of the first-year-of-issue Morgan anniversary coins were minted in Philadelphia with “CC” and “O” privy marks to represent the historical mintages of Carson City and New Orleans.
In November 2021 the Mint announced plans to produce the coins as recurring products, in various finishes and using multiple Mint facilities. These plans went awry the very next year due to a shortage of silver planchets, but from 2023 onward the coins have been produced annually.
Aspects of Striking and Appearance: Coins in both designs are quite beautiful and very well struck—even the Peace dollar, which, thanks to modern Mint technology, is not subject to the weakness of strike that plagued its predecessor.
Catalog Information
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| OGP* | - | $85.00 | $1,234 |
| MS70 |
|
$125.00 | $1,234 |
| MS70 | - | $1,234 | $1,234 |
| MS69 |
|
$1,234 | $1,234 |
| MS69 | - | $1,234 | $1,234 |
| MS68 |
|
$1,234 | $1,234 |
| MS68 | - | $1,234 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
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The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.





