All Morgan Silver Dollars

The U.S. Mint produced Morgan Silver dollars in the period between 1878 and 1904, and again in 1921. Morgan dollars replaced the Seated Liberty dollar, which was abolished in 1873 following a long debate around the use of silver bullion as legal tender. However, the free coinage of silver soon regained political support. In 1876, the passage of the Bland-Allison Act required the Treasury to purchase a minimum of two million dollars' worth of silver per month and put it into circulation in the form of dollar coins.

Investing in Morgan Silver Dollars

Morgan Silver dollars are a good choice for anyone interested in silver, although they tend to be considered collectible items rather than investment products. You can visit our Investor Library to learn more.

Circulated Conditions

Our Morgan Silver Dollars are offered in ungraded, circulated condition. The common condition we sell are:

VG (Very Good) to XF (Extra Fine): This condition means the Silver Dollars have been circulated in society and exhibit moderate to severe traces of wear, with possible cleaning, surface abrasions, or a combination of all these characteristics. Little to no original mint luster will be present and there may be light to heavy toning.

AU (About Uncirculated): This condition means the coins may appear uncirculated but with closer inspection can reveal moderate traces of wear, evidence of frictions visible on high points. Half to three-quarters of the original mint luster will still be present.

Uncirculated condition

BU (Brilliant Uncirculated): This condition means the Silver Dollars have never been circulated in society, and will generally retain full original mint luster. They will exhibit minimal bag marks or abrasions.

Collecting Morgan Dollars

Morgan Silver dollars are also sought-after on the collectors' market. Subtle details in the coin’s design were revised multiple times during its production, and today there is considerable interest in collecting and cataloging different varieties. Mint State Gold carries business strike and Brilliant Uncirculated (BU) Morgan dollars, including rare items that are hard to find elsewhere. We work with leading organizations such as the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) to certify our MS coins, so you can shop with confidence knowing you are getting a product that lives up to its description. We also offer a 14-day satisfaction guarantee on all numismatic items.