Morgan Silver Dollar
Country of Origin: United States of America
Year of Issue: 1901
Denomination: One Dollar ($1 USD)
Composition: 90% Silver, 10% Copper (.77344 oz Pure Silver)
Brief Description
A classic American silver dollar featuring Liberty on the obverse and a bald eagle on the reverse.
Historical Significance
Designed by George T. Morgan, this series was minted as a result of the Bland-Allison Act and the Sherman Silver Purchase Act, representing a significant era of American westward expansion and the 'Silver vs. Gold' political debates.
Estimated Value
$30-$50 in Fine; $200-$600 in Mint State (if a 1901 Philadelphia); Note: 1901 Philadelphia is a major key date in high grades.
Care Instructions
Handle by the edges only. Do not clean or polish, as this destroys numismatic value. Store in PVC-free holders.
Mint Mark
Philadelphia (No mint mark visible above 'DOLLAR' on reverse)
Mintage & Rarity
6,962,000 (Philadelphia). Common in circulated grades, but exceptionally rare in high uncirculated grades.
Weight & Diameter
26.73 grams / 38.1 mm
Edge
Reeded
Apparent Grade
Fine (Significant wear visible on Liberty's hair and the eagle's breast feathers, but main details are clear).
Obverse (Front)
Profile of Lady Liberty wearing a Phrygian cap with 'LIBERTY' on the band, cotton and wheat in her hair. Legend: 'E PLURIBUS UNUM' and date '1901'.
Reverse (Back)
An eagle with wings spread, holding an olive branch and arrows. Surrounded by a wreath. Legend: 'UNITED STATES OF AMERICA', 'IN GOD WE TRUST', and 'ONE DOLLAR'.
What Drives This Coin's Value
The 1901-P is a 'condition rarity.' While millions were made, most circulated heavily. In high grades (MS63+), it becomes worth tens of thousands.
Similar Coins
Peace Silver Dollar (1921-1935), which replaced the Morgan Dollar.
Authenticity & Counterfeit Red Flags
Weight should be exactly 26.73g; use a magnet test (silver is non-magnetic). Many counterfeits exist from overseas.
Notable Varieties & Errors
Major die varieties include 'VAM' shifts; check for Doubled Die Obverses.
Created At: 2026-05-01T23:42:54.727520