100 Year Old Morgan Dollar

The Morgan Silver Dollar is one of America’s most sought-after classic coins. It was the favorite silver coin among “Wild West” settlers, outlaws, and prospectors alike because of its large size and massive amount of pure silver.
The Morgan Silver Dollar was first made in 1878 and was last made in 1921. The coin is now 100 years old.
Each Morgan Silver Dollar is an immense 1-1/2 inches in diameter and contains over 3/4-ounce of pure American silver.
The obverse portrays Liberty wearing a slave’s cap (an ancient symbol of freedom), while the reverse features a heraldic eagle holding both the olive branch of peace and arrows of war.
Most Morgan Silver Dollars were worn out or damaged in circulation, and more than half of all coins have been melted for the precious silver. Just a fraction have survived for today’s collectors, and they are becoming harder to find with every passing day.
This was the largest silver coin made for circulation in the 20th century.
It was struck in 90% silver, a level of silver not seen in circulating coins for half a century.