2023 Morgan and Peace Dollar // PCGS Certified Proof 70 // Wood Display Box

The Morgan Dollar is a vintage American coin minted from 1878 to 1921 along with the Peace Dollar from 1921-1935. The US mint has resurrected these famous coins in a new 99.99% silver composition to commemorate the 100th anniversary of these coins in 2021. The series continues with the 2023 issue that contains one example of the 2023 Peace Dollar and 2023 Morgan Dollar in perfect Proof 70 with Deep Cameo designation. You will receive coins matching the quality and condition of the coins in the photos, certified by PCGS to be in Mint State condition, and housed in a wood display box with certificate of authenticity.

About the Morgan Dollar:
The Morgan dollar is among the most historic U.S. coins ever minted. Named after the designer, U.S. Mint Assistant Engraver George T. Morgan, it was produced from 1878 to 1904 and in 1921. The obverse depicts Liberty as a youthful woman wearing a Phrygian cap, worn by emancipated slaves of ancient Rome, together with a headdress of cotton and wheat— staples of the U.S. economy. The reverse features a Bald Eagle with outstretched wings, symbolic of the power of the U.S. government. The eagle bears in its great talons both an olive branch and 3 arrows, representing a nation of peace but one that is poised for war. The dollar was authorized by the Bland-Allison Act of 1878, which required the Treasury to purchase an enormous 2 to 4 million dollars’ worth of silver each month to be coined into dollars. Later, in 1918, passage of the Pittman Act ultimately led to the melting of over 270 million Morgan dollars held in treasury reserves. Today, the choice few that remain are cherished specimens of a bygone era that serve to immortalize the memory of a young, prosperous, and powerful United States of America.

About The Peace Dollar:
The Peace dollar is often considered the most beautiful silver dollar ever minted by the United States. Following World War I, there was widespread sentiment to issue a coin to commemorate the restoration of peace. At the same, the U.S. Mint was required by the Pittman Act of 1918 to replace over 270 million silver dollars that had been melted. The federal Commission of Fine Arts held a competition and invited nine medalists to submit designs for the new dollar, including famed artists Victor D. Brenner, Herman A. MacNeil, and Adolph A. Weinman, who had already designed other circulating coins. The relatively inexperienced winner, however, was Anthony de Francisci—an Italian immigrant who modeled a depiction of Liberty after his young wife Teresa. On this stunning coin, Liberty wears a radiant crown like that worn by the Statue of Liberty, symbolizing the powers associated with the sun. The reverse features a resting eagle clutching an olive branch of peace and looking towards the sun’s rays. The word PEACE appears on a rock below the eagle, making the Peace dollar the only circulating coin in U.S. history to ever to bear that motto. Production continued until the requirements of the Pittman Act were satisfied in 1928. No dollars were minted from 1929-1933, as demand was low during the Great Depression. Limited production resumed in 1934 and 1935 for the redemption of paper silver certificates. The Peace dollar turned out to be the last true silver dollar ever minted for circulation in the United States. Sadly, its timely end came not 4 years before World War II and the end of world peace.