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90% Silver Dollars Morgan & Peace

Numismatic 90% Silver Dollars Morgan and Peace Grab Bags

Numismatic Silver Dollar Coins Consisting of 90% Silver

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Silver Morgan Dollars

Morgan Silver Dollars were produced by the U.S. Mint from 1878-1904 and then again for one more year in 1921. The coin is named after George T. Morgan, the English engraver who designed it. Years prior to production of the Morgan Dollar, the Coinage Act of 1873 was passed in Congress ceasing production of all silver coinage in the U.S. However, the Bland-Allison Act passed five years later in February 1878 ot only restored silver as legal tender, it also stated that the government would mint 2 million silver dollars each month. As a result of this act, the Morgan Silver Dollar was born. By 1904 over 500 million Morgan Dollars were created and the government's silver reserves were depleted. In 1918, Congress passed the Pittman Act to replenish the reserves by officially melting millions of the silver dollars that were being kept in treasury vaults (over 270 million Morgan Dollars were melted). The Pittman Act also required that the government purchase more silver in order to replace the melted coins allowing for the Morgan to return briefly in 1921 until being replaced by the Peace Dollar.

Silver Peace Dollars

The idea of producing a coin that would commemorate world peace was first brought forth at a 1920 American Numismatic Association (ANA) convention in Chicago by a man named Farran Zerbe. The ANA completely supported the idea and quickly created a committee to present the idea to Congress. In May of 1921 the Peace Dollar bill was submitted. Then, in Novermeber 1921, a competition for the coin's design was held and a 33 year-old Italian immigrant, Anthony De Francisci won beating out several well-known designers in thecoin world such as Victor D. Brenner (Lincoln Cent), Adolph A. Weinman (Mercury Dime and Walking Liberty Half Dollar), and Herman A. MacNeil (Standing Liberty Quarter). By December 26, 1921 the first Peace Dollars were struck and continued to be minted every year until 1928.

90% Silver Dollars

Buying Silver Bullion Coins has become a popular choice for investors looking to diversify their portfolio in hopes of preserving future wealth. Silver Coins are also popular with coin collectors due to the variety of available designs. 90% silver dollars, including Morgan Dollars, Peace Dollars and Commemorative Silver Dollars from the US Mint, are available in a wide range of dates, mint marks and designs. Add your favorites to your collection today!