Learn about the Morgan Silver Dollar Design Elements.

  The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar. It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above between D and O in “Dollar”.
The Morgan dollars were produced every year between 1878 and 1904 at a total of four different mints. Each mint, with the exception of Philadelphia, has its own mint mark. In 1921 production was resumed for one year only, with this year being the only one where the Denver mint was used, until 2021. The number of dollars surviving are unknown as the Pittman Act resulted in the melting of millions of these coins, and the individual dates melted were never recorded. PCGS CoinFacts estimates survivals are less than 10% of the mintage.

Year Philadelphia New Orleans San Francisco Carson City Denver
1878 10,508,800 9,774,000 2,212,000
1879 14,806,000 2,887,000 9,110,000 756,000
1880 12,600,000 5,305,000 8,900,000 495,000
1881 9,163,000 5,708,000 12,760,000 296,000
1882 11,100,000 6,090,000 9,250,000 1,133,000
1883 12,290,000 8,725,000 6,250,000 1,204,000
1884 14,070,000 9,730,000 3,200,000 1,136,000
1885 17,787,000 9,185,000 1,497,000 228,000
1886 19,963,000 10,710,000 750,000
1887 20,290,000 11,550,000 1,771,000
1888 19,183,000 12,150,000 657,000
1889 21,726,000 11,875,000 700,000 350,000
1890 16,802,000 10,701,100 8,230,373 2,309,041
1891 8,693,556 7,954,529 5,296,000 1,618,000
1892 1,036,000 2,744,000 1,200,000 1,352,000
1893 378,000 300,000 100,000 677,000
1894 110,000 1,723,000 1,260,000
1895 880 (proof only) 450,000 400,000
1896 9,976,000 4,900,000 5,000,000
1897 2,822,000 4,004,000 5,825,000
1898 5,884,000 4,400,000 4,102,000
1899 330,000 12,290,000 2,562,000
1900 8,830,000 12,590,000 3,540,000
1901 6,962,000 13,320,000 2,284,000
1902 7,994,000 8,636,000 1,530,000
1903 4,652,000 4,450,000 1,241,000
1904 2,788,000 3,720,000 2,304,000
1921 44,690,000 21,695,000 20,345,000
2021 175,000 (no mark)
175,000 (O privy)
175,000 (CC privy)
175,000 175,000
Total 305,971,347 186,097,629 131,363,373 13,766,041 20,520,000

Note that of the 2021 Philadelphia Morgan Dollars, a third were minted with a “CC” privy mark and a third were minted with an “O” privy mark.

The Carson City Mint

THE GSA AUCTIONS

     On December 31, 1970, legislation was signed which authorized the sale of the silver dollars through the General Services Administration. The coins were transported from the Treasury vaults in Washington, DC to the US Mint facility at West Point, New York. At the new location, the silver dollars were sorted by date, mint mark, and condition. Coins which were from the Carson City Mint or in uncirculated condition were placed in sealed plastic cases with an outer display box and paper insert explaining the historical significance of the coins. Circulated coins were sealed in cellophane packs and placed in envelopes.
     A series of five mail bid sales were conducted between October 31, 1972 and June 30, 1974. Two additional sales were held in 1980 to dispose of some remaining, unsold coins. For the first series of mail bid sales, minimum bids for uncirculated coins in date categories were as follows:
  • 1878-CC: $15
  • 1879-CC: $300
  • 1880-CC, 1881-CC, 1885-CC: $60
  • 1882-CC, 1883-CC, 1884-CC, 1890-CC, 1891-CC: $30
  • Mixed CC: $15
  • Mixed Uncirculated: $5
  • Mixed Circulated: $3
GSA Inventory of Carson City Morgan Dollars  
1878-CC: 60,993 1883-CC: 755,518 1891-CC: 5,687 
1879-CC: 4,123 1884-CC: 962,638 1892-CC: 1
1880-CC: 131,529 1885-CC: 148,285 1893-CC: 1
1881-CC: 147,485 1889-CC: 1
1882-CC: 605,029 1890-CC: 3,949