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Pre-1921 Morgan Dollar – NGC MS63
As Low As
$64.50
Metal Type: SILVER – No Hedge
Silver Weight: 0.7734 oz
Grade: MS63
Manufacturer: United States Mint
Mint Mark: P – Philadelphia (Not Shown)
IRA Eligible: No
| Qty | ACH/Wire | Card |
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Out of stock
Product Details
The Morgan Silver Dollar, minted from 1878 to 1904 and again in 1921, stands as a testament to America's westward expansion and economic transformation. This iconic coin, born from the Bland-Allison Act of 1878, emerged during a pivotal era when silver discoveries in Nevada's Comstock Lode reshaped the nation's monetary landscape. The Act, championed by Representatives Richard P. Bland and William Allison, mandated the U.S. Treasury to purchase vast quantities of silver for coinage, breathing new life into the struggling mining industry.
Named after its designer, George T. Morgan, an English engraver recruited by the U.S. Mint, the Morgan Dollar quickly became a symbol of American prosperity and artistry. Morgan's design, featuring Lady Liberty on the obverse and an eagle on the reverse, captured the spirit of a nation in transition. The model for Liberty, Anna Willess Williams, a Philadelphia schoolteacher, lent her classical profile to what would become one of the most recognized coin designs in American history.
The Morgan Dollar's journey through time reflects the tumultuous economic periods of the late 19th and early 20th centuries. It witnessed the boom of the Gilded Age, the financial panics of 1893 and 1907, and the dawn of the Progressive Era. These coins circulated widely, from the saloons of the Wild West to the bustling streets of New York City, facilitating trade and embodying the dreams of a growing nation.
In 1904, silver dollar production ceased as the government's silver reserves dwindled. However, the Pittman Act of 1918 brought about a brief resurgence. This legislation, responding to a wartime silver shortage, authorized the melting and recoining of millions of silver dollars. Consequently, in 1921, the Morgan Dollar saw its final year of production before giving way to the Peace Dollar design.
The Pre-1921 Morgan Dollars, particularly those in high grades like MS63, represent a tangible link to this fascinating period of American history. These coins, having survived decades without succumbing to wear or melting, offer collectors and investors a rare opportunity to own a piece of numismatic artistry that has truly stood the test of time.
Design Features
The obverse of the Morgan Dollar showcases a left-facing profile of Lady Liberty, her expression serene and confident. Her hair, adorned with cotton blossoms and wheat, symbolizes America's agricultural abundance. The words "E PLURIBUS UNUM" arc above her head, while the year of minting is proudly displayed below. Stars encircle the rim, representing the states of the Union, a design element that speaks to the coin's role in unifying a nation still healing from civil war.
On the reverse, an eagle spreads its wings, clutching arrows and an olive branch in its talons – a powerful representation of America's desire for peace but readiness for conflict. The eagle is encircled by a wreath, symbolizing honor and achievement. "UNITED STATES OF AMERICA" and "ONE DOLLAR" frame the design, asserting the coin's origin and value. The motto "IN GOD WE TRUST" appears above the eagle, reflecting the nation's spiritual foundations.
Product Highlights
- Metal Type: SILVER – No Hedge
- Purity: 0.9
- Weight: 0.7734 oz
- Grade: MS63
- Manufacturer: United States Mint
- Mint Mark: P – Philadelphia (Not Shown)
- Grading Service: NGC
- IRA Eligible: No
- Obverse: Left-facing profile of Lady Liberty with "E PLURIBUS UNUM" and date.
- Reverse: Eagle with spread wings, surrounded by wreath and inscriptions.
Investment Appeal
The Pre-1921 Morgan Dollar in MS63 condition presents a compelling investment opportunity for both numismatists and precious metal enthusiasts. Its high silver content, coupled with its historical significance, offers a hedge against inflation while providing the potential for numismatic appreciation. The MS63 grade ensures that the coin retains much of its original luster and detail, making it a prized addition to any collection.
As a tangible asset with both intrinsic and collectible value, the Morgan Dollar has demonstrated remarkable resilience in the face of economic fluctuations. Its widespread recognition and the finite supply of high-grade specimens contribute to its liquidity and long-term value proposition. For investors seeking to diversify their portfolio with a piece of American history, the Pre-1921 Morgan Dollar stands as a sterling choice, combining the stability of precious metals with the rich narrative of a nation's economic coming of age.
IRV, Inc., established in 2010, is the parent company of Intaglio Mint, Limited Mintage, and Reserve Vault. With over 15 years of experience, IRV has earned a strong reputation for producing high-quality, unique bullion products and delivering exceptional customer service.
Our newest venture, Reserve Vault, is a premier online retailer of physical precious metals based in Ozark, Missouri. Reserve Vault extends IRV’s legacy of craftsmanship, offering top-quality gold and silver bullion at competitive prices, shipped directly to your doorstep.
Leveraging over a decade of expertise through Intaglio Mint, Reserve Vault ensures every product reflects the highest standards of quality and craftsmanship. Limited Mintage, another IRV subsidiary, exclusively retails Intaglio Mint’s unique bullion pieces, catering to collectors and investors.
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