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As the story goes…Farran Zerbe visited the San Francisco Mint in 1921 to see the strikings of the first Peace dollars from dies that were shipped from the Philadelphia Mint. To his great disappointment, the dies turned out to be of the old Morgan dollar design. Mint officials then assuaged his disappointment by striking several 1921 "S" mint Morgan silver dollars for him as presentation strikes, referred to as "Proofs." He gave many of them away to friends and at least five of these coins are believed to still exist, but they seldom surface.

Some experts of these coins believe that the story of these presentation coins, referred to as "Proofs," that were struck in San Francisco from dies made at the Philadelphia Mint and bearing the "S" mintmark, have been confused with traditional "Proof" Morgan dollars that were customarily struck at the Philadelphia Mint. Note that the U.S. Mint did not issue proof sets during 1921.

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How much silver exists in the world?

If the coins were minted before 1965, then one dollar's worth of silver coins contained .72258 oz. of silver. (Note that this will exclude cents and nickels except nickels minted from 1942 through 1945.) Nickels minted during World War 2 each contained .05626 troy ounce of silver (.11252 oz/$). Coins minted after 1964 for circulation contain no silver, except the Kennedy half dollars from 1965 through 1969. Each of these half dollars contain .14792 troy ounce of silver (.29584 oz/$. All of this assumes coins from circulation minted in the past century. There are numerous collector's-only coins made with silver, plus there are older coins with varying amounts and purities of silver in them.


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Related Questions

What does Morgan mean on silver dollars?

George T. Morgan is famous for designing and engraving the Morgan Silver Dollars (1878-1904 & 1921), which are named after him.


What is the difference between an 1894 silver dollar and an 1894 Morgan silver dollar?

There's no difference. All silver dollars minted in 1894 used the Morgan design, named for the famous designer George T. Morgan.


Is Morgan dollars made of silver?

Yes, Morgan dollars are made of 90% silver and 10% copper. They were minted in the United States from 1878 to 1904, and again in 1921.


What are all the common US Morgan silver dollars?

Most common Morgan silver dollars are worth around 20 to 40 dollars in lower circulated condition. See the link below for a price guide and then you can see common Morgan silver dollars.


What is the value of an 1832 Morgan Silver Dollar?

Please check again and post a new question. No circulating silver dollars were struck between 1804 and 1835 inclusive, and the Morgan name applies only to silver dollars dated 1878-1904 and 1921 that were designed by G. T. Morgan.


What type of silver dollars were made in 1895?

Morgan Silver Dollars were struck in 1895


What silver dollars were minted 1882-1890?

Morgan dollars.


Were all Morgan silver dollars made of silver?

Yes, all US silver dollars from 1840 to 1935 are struck in 90% silver & 10% copper, this includes the Morgan series.


Are US trade dollars more valuable than the Morgan silver dollars?

US Trade dollars have more silver in them than Morgan dollars do. But in general the Morgans have higher values.


What is the value of sn 1848 Morgan silver dollar?

Morgan silver dollars were not minted until 1878.


What is silver Morgan Dollars going for in 2012?

The same as they have been for a while as long as the silver price stays steady. If the value of silver goes up so will the value of Morgan dollars. If the value of silver decreases so will the value of your Morgan dollars. An average Morgan dollar can be worth anywhere from 30- 300 dollars depending on condition, date, and mintmark. Some can even be worth more. See the related link below for an online price guide of Morgan silver dollars.


What is the value of a 1903 Morgan gold dollar?

Morgan dollars are silver, not gold.