Lot 77
Silver Morgan and Peace Dollars
Sold October 23, 2025
- Price realized
- $350
Price realized is the winning bid (hammer price) and excludes buyer’s premium.
About this lot
Estimated Value: $225-325
Origin: United States
Denomination: One Dollar
Year: 1883, 1885, 1896, 1921-1923, and 1928
Mint: 1883 Morgan,1885 Morgan,1896 Morgan Philadelphia; 1921 Morgan San Francisco; 1922 Peace Dollars Philadelphia; 1923 Peace Dollar San Francisco; 1928 Peace Dollar Philadelphia
Grade: Estimated MS
Metal: Silver
Weight: 224.0 total with protective sleeves
Additional Description: The Morgan Dollars of 1883, 1885, 1896, and 1921 trace the arc of a series deeply tied to America’s silver politics and shifting economic priorities. The 1883 and 1885 issues, struck during the peak of silver dollar production under the Bland-Allison Act, saw limited circulation and often survive in high grade, especially from Philadelphia. By 1896, the coin reflected a nation embroiled in debate over silver and the gold standard, though the mintage remained strong and quality generally high. The 1921 Morgan, minted after a long hiatus, was a brief revival prompted by the Pittman Act. Produced with newly made hubs, its design is slightly heavier and less detailed than earlier issues. It stands as the final Morgan Dollar, closing the series just as the Peace Dollar emerged to reflect a new postwar era.
The Peace Dollars of 1922, 1923, and 1928 offer a compelling cross-section of the series, each shaped by distinct circumstances within a rapidly changing economic landscape. The 1922 and 1923 issues were struck in vast numbers as the U.S. fulfilled silver replacement obligations under the Pittman Act. With the original high-relief design of 1921 already modified for practical minting, these coins were mass-produced at multiple mints, often with varying degrees of strike quality—Philadelphia issues generally sharper, San Francisco often weaker. By contrast, the 1928 Peace Dollar stands apart both in rarity and context. Struck only at the Philadelphia Mint, it had the lowest mintage of any regular issue in the series, reflecting a pause in silver dollar production as legislative quotas were met. While the earlier dates speak to industrial output and economic policy, the 1928 issue carries a quieter significance—scarcer, more refined, and widely recognized as a key date that marks the end of Peace Dollar production before its brief revival in the mid-1930s.
Lot details
- Lot
- 77
- Closed
- October 23, 2025
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