Silver Coins & Bullion
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Morgan Silver Dollar Coin (1878-1921)
The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with the Orient.
Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight (412-1/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837.
George T Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse on the left-hand loop of the ribbon.
Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. Under provision of the Pittman Act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar was resumed. The Morgan dollar design, with some slight refinements, was employed until the new Peace design was adopted later in that year.
Silver Content: 0.7734 troy ounces
Composition: 90% silver, 10% copper
Total Weight: 26.73 grams
Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. The weight (412-1/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837.
George T Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse on the left-hand loop of the ribbon.
Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. Under provision of the Pittman Act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar was resumed. The Morgan dollar design, with some slight refinements, was employed until the new Peace design was adopted later in that year.
Silver Content: 0.7734 troy ounces
Composition: 90% silver, 10% copper
Total Weight: 26.73 grams
Peace Silver Dollar Coin (1921-1935)
The dollar issued from 1921 through 1935 was a commemorative peace coin, which might easily have been a half dollar. The Peace dollar, in fact, was issued without congressional sanction, under the terms of the Pittman Act, which referred to the bullion and in no way affected the design. Anthony de Francisci, a medalist, designed this dollar. His monogram is located in the field of the coin under the neck of Liberty.
The new Peace dollar was placed in circulation on January 3, 1922; 1,006,473 pieces had been struck in December 1921.
The high relief of the 1921 design was found impractical for coinage and was slightly modified in 1922, after 35,401 coins had been made and most of them melted at the mint. The rare Matte and Satin Finish Proofs of 1922 are of both the high-relief style of 1921 and the normal-relief style.
Legislation dated August 3, 1964, authorized the coinage of 45 million silver dollars, and 316,076 dollars of the Peace design dated 1964 were struck at the Denver Mint in 1965. Plans for completing this coinage were subsequently abandoned and all of these coins were melted. None were preserved or released for circulation.
Silver Content: 0.7734 troy ounces
Composition: 90% silver, 10% copper
Total Weight: 26.73 grams
The new Peace dollar was placed in circulation on January 3, 1922; 1,006,473 pieces had been struck in December 1921.
The high relief of the 1921 design was found impractical for coinage and was slightly modified in 1922, after 35,401 coins had been made and most of them melted at the mint. The rare Matte and Satin Finish Proofs of 1922 are of both the high-relief style of 1921 and the normal-relief style.
Legislation dated August 3, 1964, authorized the coinage of 45 million silver dollars, and 316,076 dollars of the Peace design dated 1964 were struck at the Denver Mint in 1965. Plans for completing this coinage were subsequently abandoned and all of these coins were melted. None were preserved or released for circulation.
Silver Content: 0.7734 troy ounces
Composition: 90% silver, 10% copper
Total Weight: 26.73 grams
American Silver Eagle Dollar Coin (1986-Current)
The American Silver Eagle is the only silver bullion coin whose weight, content, and purity is guaranteed by the United States Government. Requiring no assaying, American Silver Eagles are easily converted to cash at any time. The Silver Eagle is the most popular bullion coin in the world because of its beauty, quality, and assurance of content by the U.S. Government. Each coin contains 1 troy ounce (ozt.) of silver, is 99.9% pure and legal tender. The design is based on the famous “Walking Liberty” of Adolph Weinman’s 1916 U.S. half-dollar, considered by many to be one of the most beautiful coins ever minted.
Silver Content: 1.0 troy ounces
Composition: 99.9% silver, .1% copper
Total Weight: 31.103 grams
Silver Content: 1.0 troy ounces
Composition: 99.9% silver, .1% copper
Total Weight: 31.103 grams
NGC/PCGS Storage
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