The Morgan Dollar, named after its designer, George T. Morgan, was minted during one of the most pivotal periods in the economic development of the United States. The Morgan Dollar coins were firstproduced in 1878 to stabilize the silver market, but by 1904, production stopped as demand for the coins had significantly decreased. In 1921, production resumed for a short time until the Peace Dollar replaced them later that year. Today, this coin remains one of the most popular coins among American collectors.
Known as the "Silver Dollar of the Old West," the Morgan consists of 90 percent pure silver and 10 percent copper. The first acceptable strike of the coin occurred on March 11, 1978, at the Philadelphia Mint, and the first minted Morgan dollar was presented to President Rutherford B. Hayes. Western mints soon became involved in the production of the new dollar the San Francisco and Carson City facilities began minting the Silver Morgan Dollar later in 1878, followed by the New Orleans Mint in 1879. The Denver Mint struck the coin in 1921 during its final production run.
Rare 1878 Morgan Dollars in Mint State (MS) condition have been known to fetch more than $12,000 at auction. With this authentic reproduction, you can have your own Morgan Dollar at a fraction of the cost. Our product faithfully captures the look and feel of the original 1878 Morgan Dollar.
Available exclusively from American Mint, this magnificent proof is meticulously reproduced from the highly coveted 1878 Morgan Silver Dollar. Minted to the highest quality "Proof" standard, it comes encased in our NumiShield Protective Case to preserve its luster for years to come. Like all AMERICAN MINT products, we stand behind our Morgan Dollar reproductions with a comprehensive satisfaction guarantee. Place your order online to own this faithful reproduction of an important piece of American numismatic history.
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