The Morgan Dollar, first minted in 1878, is one of the most iconic silver coins in U.S. history. Designed by George T. Morgan, the coin features a profile of Lady Liberty on the obverse and an eagle on the reverse. The coin was struck primarily from silver mined in the western U.S., and it was part of the government’s effort to increase silver coinage during the post-Civil War economic period.

Morgan Dollars were minted until 1904, with a brief resurgence in 1921, the year the coin was permanently discontinued. While initially popular, they became less favored as the U.S. moved to a gold standard. However, they’ve since gained tremendous value among collectors, thanks to their historical significance and distinctive design. Today, Morgan Dollars are highly sought after by numismatists and remain a symbol of the American Silver Era. The Morgan Dollar contains 0.7734 oz’s of pure silver.