Named after designer, George T. Morgan, the Morgan dollar was produced from 1878 to 1904, and again in 1921. The Morgan Silver Dollars came after the passing of the Bland-Allison Act of 1873 and signified the end of the free coinage of silver. Today, only an estimated 17% of Morgan Silver Dollars minted are surviving today. For this reason, they are incredibly popular and are some of the most highly collected silver coins.
The Morgan Silver Dollar features a portrait of Lady Liberty on the obverse, while the reverse depicts a bald eagle clutching arrows and an olive branch. Although they began production again in 1921, the Morgan Silver Dollars were replaced by the Peace dollar later the same year.