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Morgan Silver Dollars Explained: “Sound Money” Silver for Stackers

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Morgan Silver Dollars Explained: “Sound Money” Silver for Stackers

This one’s for real silver stackers and numismatic fans—coin collectors, history buffs, all of you. These are Morgan Silver Dollars: big, beautiful, and packed with detail. They don’t make coins like this anymore. This is when money was money—sound money.

Buy Morgan Dollars from Money Metals Exchange:
https://www.moneymetals.com/buy/silver/silver-dollars/morgan-dollars

Key History (Why Morgan Dollars Exist)

Bland–Allison Act (1878): Required the U.S. Treasury to purchase large amounts of silver and coin it into standard silver dollars—setting the stage for the Morgan dollar series.

Act of January 18, 1837: Established the “standard” silver coin specifications that Morgan dollars were struck to—.900 fine silver and 412.5 grains (26.73 g) total weight.

The Artist Behind the Coin

The Morgan dollar was designed by George T. Morgan, an Assistant Engraver at the U.S. Mint, responsible for the iconic Liberty portrait and the bold eagle reverse.

Years Minted

Morgan silver dollars were minted 1878–1904, and again in 1921 (the final year of the classic Morgan series).

Mints and Mint Marks

Morgan dollars were struck at these U.S. Mint locations:

• Philadelphia Mint (no mint mark)

• Carson City Mint (CC)

• New Orleans Mint (O)

• San Francisco Mint (S)

• Denver Mint (D, 1921 only)

Money Metals does not always carry every mint mark or year, so be sure to choose the coin(s) you wish if the selection is not performed on your behalf (selection our choice). You can also call in directly to see what we may have in stock if you do not see what you are looking for.

Design Details You’ll Notice Up Close

• Liberty’s crown/tiara with LIBERTY

• Wheat in her hair and the historic Phrygian cap (a long-used symbol of freedom)

• E PLURIBUS UNUM on the obverse

• The reverse eagle carrying arrows and an olive branch

• IN GOD WE TRUST, UNITED STATES OF AMERICA, and ONE DOLLAR

The Great Morgan Dollar Melt (And Why 1921 Matters)

In the early 1920s, vast quantities of older silver dollars were melted—approximately 270,232,722 were melted—tightening surviving supply. That’s part of what makes this series so fascinating for collectors and stackers.

Shop Morgan Silver Dollars:
https://www.moneymetals.com/buy/silver/silver-dollars/morgan-dollars

Shop and learn more:
https://www.moneymetals.com

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https://www.moneymetals.com/news

Call Money Metals Exchange:
1-800-800-1865

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Sound Money Defense League News
Stefan Gleason is President of the Sound Money Defense League, a national grassroots lobbying organization working to restore gold & silver to their historical role as America's constitutional money. He also leads Money Metals Exchange, a national precious metals dealer with over 50,000 customers. Gleason has frequently appeared on national television networks such as CNN, FoxNews, & CNBC, & his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, & National Review.
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