Obverse. Image Courtesy of Professional Coin Grading Service (PCGS.com)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), Philadelphia Mint (no mintmark)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), Carson City Mint (CC)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), New Orleans Mint (O)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), San Francisco Mint (S)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), Denver Mint (D)
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), From the left to right: 8, 7/8 and 7 tail feathers
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1878 (left) and 1879 (right) reverse
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1887/6 overdate
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1890: tail bar
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1900: O / CC overmintmark
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1901: doubled die reverse
  • 1 Dollar 1878-1921, KM# 110, United States of America (USA), 1903: normal (left) and micro (right) S
Description

The Morgan dollar was a United States dollar coin minted from 1878 to 1904, and then again in 1921. Named after its designer, United States Mint Assistant Engraver George T. Morgan, the Morgan dollar is one of the most popular of all American coins. It's large size, abundant supply, and pleasing appearance make it both affordable and desirable.

The Morgan Dollar was authorized under the Bland-Allison Act, which had authorized the purchase of large amounts of silver to be minted into silver dollars. Due to the required purchase levels, production took place at a level which was much higher than circulating demand for the denomination. This led to the stockpiling of uncirculated coins at various mints and Treasury buildings, which would ultimately have a significant impact of the survivability of certain issues of the series.

The design was slightly modified throughout the years. Initially, the heraldic eagle shown on the reverse had eight tail feathers (this appeared unnatural) and a flat breast. This was modified to have seven tail feathers visible and one of two alternate reverse types. The first had two parallel top arrow feathers and a concave breast. The other had a slanted top arrow and convex breast. In the process, a number of dies were altered, creating the 7/8 tail feather or doubled tail feather variety. The Morgan Dollars struck in 1921 were made from completely different hubs, and show many design differences on both sides.

A complete basic set of Morgan Dollars by date and mint mark consists of 97 coins. The series is also often collected by die varieties, usually cataloged by VAM numbers (standing for Van Allen/Mallis, the authors of the main reference on the subject).

Obverse

Liberty’s head, facing left. She wears a Phrygian cap, with the word LIBERTY on her hair band. Various agricultural features are seen, including wheat and oak leaves. Above the portrait is E PLURIBUS UNUM, with each word separated by a single dot. To the left are seven stars and another six are to the right. The date is below, and the designer's initial, “M” for Morgan, is on the truncation of the neck.

In 1876, George T. Morgan began creating a series of new coin designs at the behest of the Director of the Mint, Dr. Henry R. Linderman. Morgan opted to use the profile of an American girl to depict Liberty instead of simply creating an imaginary figure for the obverse of his new design. After he rejected several possible candidates, Morgan's friend, artist Thomas Eakins, recommended Anna Williams of Philadelphia. Anna Willess Williams (1857 – April 17, 1926) was a teacher and philosophical writer. She reluctantly sat for five modelling sessions with Morgan in November 1876 after being convinced to do so by friends. Morgan was impressed with her profile, stating that it was the most perfect he had seen in England or America. The silver dollar bearing her likeness was first struck on March 11, 1878. A condition of her sitting for Morgan was that her identity be kept secret, but the subject of the portrait was revealed to be Williams shortly after the dollar was released. Williams was troubled by her newly acquired fame, receiving thousands of letters and visits at both her home and workplace. Williams preferred not to talk about her modelling work with Morgan, dismissing it as an "incident of my youth."

E·PLURIBUS·UNUM
LIBERTY
M
1878

Reverse

A Bald Eagle with wings outstretched with a small wreath surrounding. An olive branch and three arrows are within the eagle’s claws. The motto IN GOD WE TRUST is above, and the denomination ONE DOLLAR is below. UNITED STATES OF AMERICA surrounds both the wreath and eagle.

The mint marks appearing on the coins are none, representing Philadelphia, "CC" for Carson City, "S" for San Francisco, "O" for New Orleans and "D" for Denver. Mintmarks for all mints except Philadelphia were placed just beneath the ribbon bow of the wreath.

UNITED STATES OF AMERICA
In God we trust
ONE DOLLAR

Edge

1 Dollar

Morgan Dollar
KM# 110
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Characteristics
Material Silver
Fineness 0.900
Weight 26.73 g
Diameter 38.1 mm
Thickness 3.1 mm
Shape round
Alignment Coin
Mints
Carson City Mint (CC)
Denver Mint (D)
New Orleans Mint (O)
Philadelphia Mint (no mintmark)
San Francisco Mint (S)

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