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CoinMorgan Dollar
Year1899MintSan FranciscoGraded />
Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act.
George T. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, Designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse at the left-hand loop of the ribbon.
Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted.
Under provisions of the Pittman Act of 1918, 270,232,722 silver dollars were melted. In 1921, coinage of the silver dollar was resumed. The Morgan design, with some slight refinements, was employed until the new Peace design was adopted later in that year.
