The Morgan silver dollars of 1878 to 1904 and 1921 are probably the most collected U.S. coins other than Lincoln cents. Designed by the U.S. Mint’s special engraver, George T. Morgan, the coin featured a profile of a garlanded Lady Liberty on the obverse, with an eagle clutching arrows and an olive branch on the reverse.

When the new design was introduced, the United States had been without a circulating silver dollar since 1873 (there were Trade Dollars, but those were only supposed to be used in the Orient). Smaller denomination silver coins filled in until the Bland-Allison Act paved the way for an official standard silver dollar coin.

That first year, some 20-million Morgans were struck at mints in Philadelphia, Carson City, and San Francisco, but variations in the coin’s reverse suggest it was still a bit of a work in progress. That’s because the tails of some of the eagles on the backs of the coins have eight feathers while other have seven.

Morgans are one of two silver-dollar types scrutinized for their die varieties (VAMs), which are the minute variations caused by the different dies used to strike the coins. Named for authors and coin researchers Leroy C. Van Allen and A. George Mallis, VAMs are widely used by collectors to catalog and identify Morgan and Peace Dollars.

For example, VAM-5, minted in Philadelphia in 1878, is considered by VAM enthusiasts to be one of the most prized Morgans around. It is an eight-tail-feather coin, some of whose letters have been doubled during minting. The New Orleans version of VAM-4 from 1888 is the famous "Hot Lips" coin, so called because Lady Liberty’s lips appear to be doubled. Though the top grades of this coin are rather rare and costly, the lower grades are relatively common.

Coinage of Morgans ceased in 1904 due to the exhaustion of silver purchased under the Sherman Act of 1890, and then resumed in 1921. That year, more than 80-million Morgans were minted in Philadelphia, San Francisco, and Denver, but 1921 was also the year that the Morgan was replaced by the Peace Dollar, a coin minted to commemorate the end of World War I a few years earlier.

Best of the Web (“Hall of Fame”)



This group-authored wiki is devoted to Morgan and Peace dollar die varieties known as VAMs - named after the two co… [read review or visit site]

Legendary Coins and Currency

Legendary Coins and Currency

This online exhibition from the Smithsonian's National Museum of American History is a great way to get an overview… [read review or visit site]

Society of U.S. Pattern Collectors

Society of U.S. Pattern Collectors

Home to the Society of U.S. Pattern collectors, this well-organized site provides in-depth information on pattern c… [read review or visit site]

Clubs & Associations

Other Great Reference Sites

Most watched eBay auctions    

Original Bank Sealed "crocker Woolworth Sf" Morgan Dollar Roll Pl S-mintOriginal Bank Sealed "crocker Woolworth Sf" Morgan Dollar Roll 1896 & O-mintOriginal Bank Sealed "crocker Woolworth Sf" Morgan Dollar Roll 1892 & S-mintOriginal Bank Sealed "crocker Woolworth Sf" Morgan Dollar Roll Pl S-mint1894 P Morgan Dollar 100% Original Beautiful White Coin1889 Cc Morgan Dollar Better Grade Key Date Carson City Mint Issue1991 American Silver Eagle Pcgs Ms67 Rainbow Toned~colorful Toning~ Color1893-s Morgan Dollar Average Uncirculated Extremely Rare In Brilliant Unc!Ultra Rare Sealed Morgan Silver Dollar Bank Roll - O, S, Cc, P Mints1885 Cc Morgan Silver Dollar Gsa UncirculatedUncirculated 1903-o Silver Morgan Dollar Free Shipping1893-s Morgan Dollar- Ngc Vf Details- Improperly Cleaned- No Reserve1885-cc S$1 Morgan Dollar Pcgs Ms 64 Pl Prooflike .99 Cent Start1879 Cc Morgan Dollar Original Mint Luster Key Date Carson City Mint Issue1898-o Morgan Dollar Pcgs Ms64 Super Rainbow Toned ~colorful Toning~ Color1889-cc Morgan Silver Dollar Au Details Key Date Rare Guaranteed Original Bank Sealed "crocker Woolworth Sf" Morgan Dollar Roll 1884 & S-mint56 Morgan Silver DollarsUltra Rare Sealed Morgan Silver Dollar Bank Roll - O, S, Cc, P Mints1878 7/8tf Pcgs Ms64dmpl Strong Morgan Silver Dollar - Rare Key Date And Grade!1893-s Morgan Silver Dollar Ngc Good Details Damaged Key Date1990 Pcgs Ms 66 American Silver Eagle Awesome Colorful Rainbow Toning1902-s Pcgs Ms63 Morgan Silver Dollar1885 Cc Morgan Silver Dollar $1 - Carson City - Great Condition, Nice DetailMonster Rainbow Pcgs 1884-o Ms65 "+" $1 Morgan Silver Dollar Preminum Wow *we 1883 Cc Pcgs Genuine Colorful Toned Morgan Dollar Ex Anaconda3 Morgan Silver DollarsThree Rolls (60 Coins) Pre 1921 Mixed Date Morgan Silver Dollars Morgan Silver DollarsUltra Rare Key Date 1893s Morgan Silver Dollar Practically Mint Condition.1903 S Gsa Soft Pack Original Ngc Xf40 Morgan Silver Dollar Us Hoard Envelope1885-cc Carson City $1 Uncirculated Morgan Silver Dollar Gsa W/ Boxes Coa Tougher Dated Morgan *pcgs* 1885-cc Ms-62 Very White & Almost Pl Surfaces !!!1878-cc Morgan Dollar Outstanding Uncirculated Dmpl Rare This Nice!1893-cc Pcgs Fine Details Morgan Silver Dollar S$1 (cleaned)500 Morgan Silver Dollars1887-p Vam 1b Morgan Dollar "clashed E" Pcgs Au53 Hot 50 With $1 Start Morgan Silver Dollar 1894 PUncirculated 1903-o Silver Morgan Dollar Free Shipping1880-s Morgan Silver Dollar Pcgs Ms65 Colorful Monster Rainbow Toning Textile1999 American Silver Eagle Pcgs Ms68 Rainbow Toned~colorful Toning~ ColorRoll (20 Coins) Pre 1921 Mixed Date Morgan Silver Dollars Dated Morgan Dol *ngc* 1894-p Au-55 This Is A White Slider !!!1893-cc Morgan Silver Dollar- Rare Key Date- Large Estate- Vg DetailsU.s. 1880 Cc Carson City Morgan Silver Dollar Coin Gsa Hoard Ngc Ms 64 Gem Morgan Dol *pcgs* 1899 Ms-65 Nice Clean Surfaces -original - Light Toning1880 Cc Morgan Silver Dollar Gsa Uncirculated1889 Cc Morgan Silver Dollar Good Nice Coin Starting Bid 1c!1878 7/8tf Morgan Silver Dollar, Strong, Graded Ms 62 By Ngc! No Reserve!1879 S Morgan! Wow Unreal Frosty Cameo! Monster Dmpl! Huge 20+ Inch Mirrors! Nr1893-p Morgan Silver Dollar Semi-key Date1883-cc Morgan Dollar Exceptional Uncirculated1885 Morgan Silver Dollar Pcgs Ms63 Monster Rainbow Toning *no Reserve Auction *1881cc Pcgsms63 Uncirculated Morgan Silver Dollar Rare 1889 Carson City Morgan Silver DollarCarson City 1878- Cc $1 Uncirculated Gsa Silver Dollar W/ Box Coa MorganRoll Of # 20 Morgan Silver Dollars All Au- Bu No 1921'sCc Minted Morgan Dol *ngc* 1881-cc Ms-64 Its Got A Nice Full Strike1878 8tf Vam-6 Morgan Silver Dollar, Binion Collection, Ngc Graded Ms-63,rare1895-s Morgan Silver Dollar Rare Key Date Coin - Nice Rim Toning