The Morgan Silver Dollar and the Peace Silver Dollar are among the most collected vintage coins ever! That’s in part because of their exceptional, iconic designs, and in part because of the role they played during exciting, turbulent, significant periods of American history. The Morgan Silver Dollar was minted from 1878 to 1904—then again in 1921—and is known as the Silver Dollar that helped build the Old West. The first Peace Silver Dollar, with its design signifying the nation’s hope for peace and prosperity after the end of World War I, was struck in 1921, marking the first and only time two circulating silver dollars with different designs were released in the same year. The Peace Dollar was minted through 1928, then again in 1934 and 1935.
If you’re a coin collector, you probably remember that the U.S. Mint brought the Morgan Silver Dollar and the Peace Silver Dollar back in 2021, to honor the 100-year anniversaries of the last minting of the Morgan, and the first minting of the Peace. The same size as the originals, these modern versions were the first legal-tender Morgan and Peace Dollars in 100 years! They were spectacularly gorgeous, created with modern technology and historical U.S. Mint assets that showcased their original, timeless designs with even more clarity!
The releases were a massive success, with instant sell-outs on the U.S. Mint’s website. Plus, with so many collectors left disappointed following the 2021 release, the secondary market has continued to see demand for those first year of issue coins, even in 2023.
The 2021 coins were authorized by the 1921 Silver Dollar Coin Anniversary Act, signed into law by President Donald Trump on January 5, 2021, requiring “the Department of the Treasury to mint and issue coins in honor of the 100th anniversary of the completion of coinage of the Morgan dollar and the 100th anniversary of the commencement of coinage of the Peace dollar.”
While some collectors were disappointed, they weren’t able to secure the 2021 Morgan and Peace Silver Dollars due to how quick the limited mintages were snapped up, last year ALL collectors were disappointed because—though the release of both coins was intended to be an annual event—the U.S. Mint was caught off-guard by the global shortage of the silver blanks required to strike the coins, and cancelled the release.
Unlike the vintage originals which were struck in 90% silver and 10% copper, these modern Morgan Silver Dollars and Peace Silver Dollars are struck in 99.9% fine silver.
Each of these perfect, flawless coins comes sonically sealed with an exclusive Morgan/Peace themed label with a hand-signed signature from two numismatic rock stars. You have your choice of labels signed by either John Mercanti, the 12th Chief Engraver of the U.S. Mint and the man who has more coin and medal designs to his credit than any person in U.S. Mint history, or David J. Ryder, the former 34th and 39th Director of the U.S. Mint, who was named as of one Coin World’s “Most Influential People in Numismatics (1960-2020),” and who was instrumental in getting the modern Morgan and Peace Dollars authorized for their centennial anniversary in 2021.
A meager mintage of 275,000 pieces for this year’s Morgan and Peace Dollars have been authorized—a crazy low number when you consider all the pent-up anticipation and demand caused by the number of collectors left frustrated with the immediate sell-out of the 2021 release, along with the program’s cancellation last year.
The bottom line is that you’ll want to act fast to get these 2023 extraordinary Silver Dollars, so you don’t wind up empty-handed.