Owner Comments:
SPECIFICATIONS
Denomination: $1
Finish: Uncirculated
Composition: 99.9% Silver
Diameter; 1.500 inches (38.10 mm)
Silver Weight: 0.858 troy oz.
Edge: Reeded
Mint: Philadelphia
Privy Mark: O
Authorized Mintage: 175,000
The Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925) and was minted from 1878 to 1904, and again in 1921. This iconic silver dollar represented the country’s westward expansion and industrial development in the late 19th century. Morgan Dollars were struck at the Philadelphia, San Francisco, Carson City, New Orleans, and Denver Mints. Morgan Dollars were struck at the New Orleans Mint from 1880 trough 1904. Since the New Orleans Mint is no longer in operation it was decided that 2021 Morgan Dollars honoring the New Orleans Mint would have an 'O' Privy Mark rather than a Mint Mark and be produced at the Philadelphia Mint.
The Morgan Dollar is one of the most beautiful, historic, and widely collected coins in numismatics. The act to produce 2021 Morgan and Peace Dollars to honor the 100th anniversary of the last Morgan Dollar and the first Peace Dollars was wildly popular in the numismatic community and the anticipated demand for these new coins was expected to be very high. Despite the high anticipated demand for these coins the Covid 19 Pandemic created supply chain problems for the U.S. Mint which made it impossible to obtain enough silver to meet expected collector demand. Consequently the mint limited production of the 2021 'O' Morgan New Orleans Privy Mark Dollars to 175,000. The 2021 'O' Morgan New Orleans Privy Mark Dollar was offered by the U.S. Mint for pre-ordering on May 24, 2021, at noon eastern time, with product shipment to begin in October 2021. Demand was so high that the U.S. Mint Web site crashed before most customers were unable to place an order, and the entire issue sold out within minutes.
In honor of the 100th anniversary of the last year of the ‘Morgan Dollar’ the United States Mint proudly presented the 2021 Morgan Dollar, created through the use of modern technology and historical U.S. Mint assets. It has a beautiful uncirculated finish.
OBVERSE DESIGN
The obverse features Liberty in profile. A cap, flora, and a crown incused with the word "LIBERTY" adorn her head, while 13 stars, "E PLURIBUS UNUM," and the year of issue encircle her.
REVERSE DESIGN
The reverse depicts an eagle with outstretched wings clasping arrows and an olive branch, accompanied by a wreath. reverse inscriptions are "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and "ONE DOLLAR." The reverse also features an "O" privy mark, in recognition of the historic United States Mint, New Orleans, Louisiana.
DESIGNER
George T. Morgan (1845-1925)
LABEL
NGC Morgan Dollar Centennial Label
Mintage Limit: 175,000
U.S. Mint pre-order date: May 24, 2021
U.S. Mint shipment dates: October - November 2021
Issue price: $85.00