Morgan Dollars (1878-1921) - After 1873, there was a short hiatus from U.S. dollar production. But in 1878, the Mint began to again strike silver dollars under the orders of the Bland-Allison Act. Created by Charles Morgan, the new dollar design was produced until 1904 and then again for one year in 1921. The Morgan dollar features a portrait of Lady Liberty on the obverse with a crown adorned with wheat, and cotton. The reverse offers an eagle with wings spread clutching a crop of arrows and an olive branch clutched in its talons. The coins were struck in 90% silver and are 0.7734 of a troy ounce. They are popular today with silver buff and collectors alike. In fact, they are perhaps the most collected series in all of U.S. numismatics.
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