The Morgan Silver Dollar is one of the most iconic coins in American history, originally minted from 1878 to 1904, briefly revived in 1921, and reintroduced by the U.S. Mint for collectors in 2021. Designed by George T. Morgan, the coin is often called the "King of America's Coins" and is a symbol of the Old West.
Visual Design
Obverse (Heads): Features a left-facing profile portrait of Lady Liberty, modeled after Philadelphia schoolteacher Anna Willess Williams. She wears a Phrygian cap (symbolizing liberty) adorned with cotton blossoms and wheat stalks, representing American agriculture. The motto "E PLURIBUS UNUM" is above her head, and 13 stars represent the original colonies.
Reverse (Tails): Depicts an American bald eagle with outstretched wings. In its talons, it clutches an olive branch (symbolizing peace) and three arrows (symbolizing readiness for defense). A laurel wreath encircles the lower half of the eagle, and the motto "IN GOD WE TRUST" appears in Old English letters above its head.
Historical Significance
The coin was born from the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase and coin massive amounts of silver from Western mines like the Comstock Lode in Nevada. Because they were large and bulky, they were most popular in the Western frontier and the South, whereas the East preferred paper money.