A single dollar in silver from Morgan

The US Mint struck the Morgan Silver Dollar in 1878-1904 and 1921. Each year's coins were 90% silver. Silver dollar contains.77344 ounces of precious metal.

The Morgan Silver Dollar was the first US Mint coin of this value for domestic commercial transactions since 1873 and the Seated Liberty Dollar. To circulate in the Orient, the Trade Dollar was being constructed.

The Bland-Allison Act required the US Mint to produce Morgan Silver Dollars in 1878. The Treasury Department had to buy two to four million dollars of silver every month for silver dollars under this Act.

In light of the impending Act and Dr. Henry Richard Linderman's personal desire to redesign the silver coinage of the United States, the Director of the United States Mint, Dr. Henry Richard Linderman, sought designs from Chief Engraver Charles Barber and from George Morgan, who was relatively new to the field.

Morgan's move from London to the United States, where he had previously worked at the headquarters of the Royal Mint, had just recently taken place.

Morgan's design was chosen for use on the new dollar after Linderman expressed his preference for it. This decision was made with the approval of the Treasury Secretary.

It should come as no surprise that the Morgan Silver Dollar gets its name from George T. Morgan, the same person who designed the currency initially.

There is a portrait of Liberty that is depicted on the obverse of each Morgan Silver Dollar. The face is facing left, and the word "Liberty" is engraved on the hair band associated with the Liberty figure. Additionally displayed are the inscription "E Pluribus Unum" as well as the year when the coin was minted.

An eagle with its wings extended is shown on the reverse side of the coin. A branch of olives and arrows are both contained inside the talons of the eagle. The words "UNITED STATES OF AMERICA," "ONE DOLLAR," and "IN GOD WE TRUST" are positioned all around the design.

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