$1 Morgan MS64 Certified (Dates/Types Vary)
The Morgan Dollar is a giant in American numismatics — literally and figuratively. It’s 1.5 inches in diameter and weighs 26.7 grams. By comparison, the modern U.S. dollar is 1 inch in diameter and weighs 8.1 grams, one-third the weight. George T. Morgan, a Mint engraver, crafted the coin's design, which features a depiction of Lady Liberty on the front and a slender eagle on the reverse, earning it the moniker "buzzard dollar." Morgan's initial "M" is visible on both sides—at Lady Liberty's neckline and on the ribbon loop of the reverse. Mint marks can be found beneath the wreath on the reverse side. The inaugural Morgan Dollar was struck on March 11, 1878. Though production halted in 1904, it resumed for a short period in 1921 before concluding permanently. Notably, over 270 million Morgan Dollars were melted down in 1918 to support Great Britain financially after WWI, with additional meltings in later years. The legislation that led to the melting also stipulated the replacement of these coins, culminating in the 1921 reissue of the Morgan Dollar. Because the original dies were unavailable, new ones were crafted, leading to minor variations in the coin's design. That year, the Philadelphia, Denver, and San Francisco mints produced these coins in unprecedented quantities. Since the mid-20th century, the Morgan Dollar has emerged as a highly coveted piece among U.S. coin collectors. Some enthusiasts seek to collect a complete series of dates and mint marks in mint condition, while others pursue at least one coin from each year of issue. This specimen is in certified MS64 condition. |