CIRCULATED & BU MORGAN/PEACE DOLLARS AND ROLLS

Morgan and Peace Silver Dollars are a good choice for anyone interested in silver. Trading for only small premiums over their precious metal melt value, circulated coins and BU Rolls are perfect for collectors and investors wanting to add fine rare coins to their holdings while avoiding the higher cost of Gem graded examples. You can visit our Investor Library to learn more. Mint State Gold has a carefully selected inventory of products that allows you to shop online with confidence. Our team has more than 50 years of experience purchasing rare and investment coinage. If you're looking for a circulated Silver Dollar or Morgan/Peace BU Rolls to add to your collection, browse our current inventory using the links on this page.

Overview of Morgan Dollars

The U.S. Mint produced Morgan Silver dollars in the period between 1878 and 1904, and again in 1921. Morgan dollars replaced the Seated Liberty dollar, which was abolished in 1873 following a long debate around the use of silver bullion as legal tender.

Morgan Silver dollars are named after their designer, George Morgan, an English-born engraver employed with the U.S. Mint. Morgan's design featured the image of Lady Liberty on the obverse and an eagle on the reverse, and was immediately put into production at the Mint's Philadelphia, Carson City, and San Francisco facilities.

Overview of Peace Dollars

The Peace dollar arose out of two trends: a groundswell of public support for a coin to mark the end of the First World War, and the passage of the Pittman Act in 1918. The Act authorized the U.S. Mint to produce new silver bullion, the first since the Morgan dollar ended its initial production run in 1904.

The design for the Peace dollar was created by Anthony de Francisci, following a competition between a small group of renowned medalists arranged by the Commission of Fine Arts. On the obverse of the coin is an image of Lady Liberty in profile, based on the features of de Francisci's wife, Teresa. On the reverse is an eagle perched on a rock, clutching an olive branch above the inscription "PEACE." To date, this is the only U.S. coin with the word "PEACE" written on it.

The U.S. Mint initially produced Peace dollars in its Philadelphia facility, with San Francisco and Denver beginning shortly after that. Initial production ended in 1928. However, with silver prices at a historic low, minting resumed again in 1934 for an additional two years.

Circulated Conditions

Our Morgan Silver Dollars and Peace Silvers Dollars are offered in ungraded, circulated condition. The common condition we sell are:

VG (Very Good) to XF (Extra Fine): This condition means the Silver Dollars have been circulated in society and exhibit moderate to severe traces of wear, with possible cleaning, surface abrasions, or a combination of all these characteristics. Little to no original mint luster will be present and there may be light to heavy toning.

AU (About Uncirculated): This condition means the coins may appear uncirculated but with closer inspection can reveal moderate traces of wear, evidence of frictions visible on high points. Half to three-quarters of the original mint luster will still be present.

Uncirculated condition

BU (Brilliant Uncirculated): This condition means the Silver Dollars have never been circulated in society, and will generally retain full original mint luster. They will exhibit minimal bag marks or abrasions.

Rolls

It is very hard to find original rolls like the ones we feature here! Better condition rolls are often broken up by dealers who sell them as individual coins. The coins you receive will always be in the advertised condition, we will never cherry pick through the roll or replace them with cleaned or slider coins.