Lot 386

1901, 1902, and 1904 Morgan Silver Dollars

Sold December 12, 2025

Price realized
$250

Price realized is the winning bid (hammer price) and excludes buyer’s premium.

About this lot

Estimated Value: $400-1,000

Origin: United States

Denomination: One Dollar

Year: 1901, 1902, ans 1904

Mint: Philadelphia, New Orleans, and San Francisco

Grade/Condition: Various conditions

Metal: Silver

Weight (+/- 0.2g): Total: 185.2 Grams

Additional Description: The Morgan Silver Dollars of 1901, 1902, and 1904 stand near the twilight of the series, capturing the design in a moment of refined maturity. Liberty’s profile, serene and assured, reflects George T. Morgan’s classical sensibility, her hair and coronet sharply modeled, while the reverse eagle continues to balance strength and peace with meticulously rendered feathers. By these years, the Mint had perfected its striking techniques, producing coins of consistent detail and pleasing relief, though each mint retained subtle distinctions that collectors prize.

Philadelphia and San Francisco were the primary mints for these issues, with Philadelphia examples generally exhibiting bright, satiny surfaces and crisp definition, while San Francisco strikes often display softer detail but pleasing toning that lends character. The 1901 Philadelphia Morgan is particularly notable for its large mintage and high-grade survivals, whereas San Francisco examples from 1902 and 1904 are scarcer and highly sought for their quality and historical context.

These dollars were minted in an era of relative economic stability yet limited circulation, many remaining in Treasury storage for decades. Today, they offer collectors more than silver content: they are artifacts of the early twentieth century, embodying artistic refinement, industrial confidence, and the enduring appeal of one of America’s most iconic coin designs.

Lot details

Lot
386
Closed
December 12, 2025

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