The Morgan silver dollar stands as one of the most recognized coins in American numismatic history, and this PCGS MS64 example from the 1878 to 1904 production era represents the series at a high level of preservation. Struck by the United States Mint in .900 fine silver and weighing 26.73 grams (0.7734 troy ounces), the Morgan dollar carries both the substance of a 90% silver coin and the appeal of a series with deep collector demand. PCGS has graded this example MS64, placing it firmly in the category of uncirculated coinage with only minor imperfections that fall short of the gem threshold.
The toned designation adds a meaningful dimension to this piece. Natural toning that develops over decades is widely regarded by serious collectors as evidence of originality and proper long-term storage, and PCGS evaluates toning as part of its overall assessment. We carry PCGS-certified examples of this series because the independent third-party grade provides a transparent and standardized basis for buyers to evaluate what they are acquiring.
The Morgan dollar was born out of the Bland-Allison Act of 18
…The Morgan silver dollar stands as one of the most recognized coins in American numismatic history, and this PCGS MS64 example from the 1878 to 1904 production era represents the series at a high level of preservation. Struck by the United States Mint in .900 fine silver and weighing 26.73 grams (0.7734 troy ounces), the Morgan dollar carries both the substance of a 90% silver coin and the appeal of a series with deep collector demand. PCGS has graded this example MS64, placing it firmly in the category of uncirculated coinage with only minor imperfections that fall short of the gem threshold.
The toned designation adds a meaningful dimension to this piece. Natural toning that develops over decades is widely regarded by serious collectors as evidence of originality and proper long-term storage, and PCGS evaluates toning as part of its overall assessment. We carry PCGS-certified examples of this series because the independent third-party grade provides a transparent and standardized basis for buyers to evaluate what they are acquiring.
The Morgan dollar was born out of the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase silver and convert it into coinage. Chief Engraver George T. Morgan designed the coin, which entered production at multiple mint facilities including Philadelphia, New Orleans, Carson City, and San Francisco. The series ran from 1878 through 1904, was briefly revived in 1921, and has remained a cornerstone of American numismatics ever since.
The political and economic forces behind the Morgan dollar reflect the silver debates of the Gilded Age, when Western mining interests and agricultural advocates pushed back against a gold-dominated monetary system. Production quantities varied significantly by year and mint mark, which is why certain date and mint combinations command substantial premiums in the collector market. The 1878 to 1904 window represents the original run of the series, covering 26 years of production across facilities that each left their own distinct mark on surviving examples.
Many of these coins sat in Treasury vaults for decades before being released into circulation, which is part of why a meaningful number of high-grade examples survived. The 1962 to 1964 Treasury releases and the subsequent GSA sales of the 1970s brought large quantities of Uncirculated Morgan dollars into the market, and many of those coins have since been graded and encapsulated by services like PCGS and NGC.
George T. Morgan's design for the obverse features a left-facing portrait of Liberty, modeled in part after Anna Willess Williams, a Philadelphia schoolteacher who sat for Morgan as a reference subject. The portrait is surrounded by thirteen stars representing the original colonies, with the date appearing at the base. The word LIBERTY arcs across the headband of the Phrygian cap worn by the figure, and the overall composition has a classical dignity that set it apart from the coinage of its era.
The reverse depicts a heraldic eagle with wings spread, clutching arrows and an olive branch, with a wreath below and the inscription UNITED STATES OF AMERICA surrounding the design. E PLURIBUS UNUM and the denomination ONE DOLLAR complete the inscriptions. The eagle's head faces right toward the olive branch, a detail Morgan adjusted from the original submission after early criticism of the design.
On toned examples, the visual character of the coin extends beyond the engraving itself. Natural silver toning can present in a wide spectrum of colors, from soft golden and iridescent blues to deeper violet and charcoal shades depending on the environment in which the coin aged. PCGS-certified toned Morgans are evaluated for the quality and originality of that toning, and coins that display attractive, naturally developed color typically generate stronger collector interest than untoned counterparts at the same numeric grade.
Every coin in this listing is encapsulated and graded by PCGS, one of the two most trusted third-party grading services in the numismatic industry. PCGS authentication involves multi-stage examination for genuineness, originality, and grade consistency before the coin is sealed in a tamper-evident holder with a unique certification number. We are an authorized PCGS dealer, which means the graded coins we carry come through channels that are consistent with PCGS standards and verified for authenticity.
The Morgan dollar's silver content of .900 fine, with 10% copper alloy for durability, was a consistent standard throughout the series. PCGS encapsulation confirms both the coin's identity and its grade, removing the ambiguity that comes with raw, ungraded examples. For buyers focused on a specific date or mint mark, the certification number can be verified directly through PCGS's online lookup tool, providing an additional layer of transparency beyond the label itself.
The MS64 designation places this coin in the Mint State range, fully uncirculated but with slightly more noticeable contact marks or minor blemishes than what would qualify for MS65 gem status. At MS64, a Morgan dollar will typically show sharp strike detail, original mint luster, and only scattered marks that are not in the primary focal areas. For a coin that circulated through a 19th-century economy and may be well over 100 years old, MS64 represents an exceptional level of preservation.
The toned designation, as assessed and accepted by PCGS, indicates that the coin displays natural toning that enhances rather than detracts from its overall appeal. PCGS does not award toning designation to coins with artificial or chemically induced color, so the label itself carries meaningful assurance about the originality of the surfaces. Each coin arrives sealed in its original PCGS holder, which protects both the coin and the integrity of the grade. Individual coins ship with appropriate protective packaging to ensure the holder arrives in the same condition in which it left our facility.
Pricing for a PCGS MS64 toned Morgan dollar reflects several overlapping factors. The base silver value, derived from the current spot price of silver applied to the coin's 0.7734 troy ounce content, establishes a floor, but the numismatic premium at this grade level typically far exceeds raw melt value. The premium is driven by collector demand for the specific date and mint mark combination, the quality and originality of the toning, and the confidence that comes with third-party certification at a recognized grade level.
Toning adds a subjective but real premium layer. Coins with attractive, original toning in desirable color spectrums often trade at meaningful premiums above untoned coins of the same date, grade, and mint mark. Our pricing on certified coins reflects current market conditions within the numismatic collector market, and the transparent bid/ask spread displayed on our product pages gives buyers a clear picture of both the acquisition cost and the current resale context.
PCGS-certified Morgan dollars are among the most actively traded coins in the numismatic market. The series benefits from a large and established collector base, widespread dealer familiarity, and deep auction records that provide consistent pricing reference points. Third-party certification through PCGS removes a significant friction point in the resale process because buyers and dealers can transact based on the grade and certification rather than relying on individual assessment of raw coins.
We operate a two-way market that allows customers to both buy and sell certified coinage within the same platform. For collectors and buyers who want to understand the full picture of what they own, our buyback pricing on certified Morgan dollars reflects current market conditions and provides a practical reference point at every stage of ownership, not just at the time of sale.
The combination of PCGS MS64 certification, original toning, and historical significance from the 1878 to 1904 production run makes this a genuinely compelling option for collectors building a quality Morgan dollar set or looking for a high-grade example of one of America's most storied coin series. The independent certification eliminates guesswork about grade and authenticity, and the toning designation signals that the coin's surfaces have been evaluated and accepted as original.
For buyers who appreciate coins that carry visual character beyond a standard white uncirculated surface, toned Morgans at the MS64 level offer a meaningful combination of grade quality and aesthetic distinction. The silver content provides a tangible connection to the coin's monetary origins, while the numismatic grade and certification support its identity as a collector piece with a well-documented market. These characteristics together make PCGS MS64 toned Morgans a consistently sought-after category in both the collector and secondary dealer markets.
We have operated in the physical precious metals and numismatic space since 2010, and our approach has always been built around transparency rather than pressure. As an authorized PCGS dealer, we carry certified coins through reputable channels and stand behind the authenticity and grade of every piece we sell. Our A rating with the Better Business Bureau, along with our membership in both the American Numismatic Association and the National Coin and Bullion Association, reflects the standards we hold ourselves to across every transaction.
Our pricing structure is designed to be clear. The bid/ask spread on each product page gives you a direct view of the current market context, not just the asking price. When it comes time to sell, our two-way market means you are working within the same ecosystem where you made the purchase, supported by competitive buyback pricing and a team that understands the certified coin market. We focus on building long-term relationships with customers who want straightforward, informed access to physical precious metals and numismatic coins, and that philosophy shapes every part of how we operate.
Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing, which is particularly relevant when evaluating certified coins where premiums and spreads can shift meaningfully based on collector demand and secondary market activity. Rather than relying on static list prices, Pro members can view real-time wholesale market pricing for coins like PCGS MS64 toned Morgan dollars and compare that against historical premium data to better understand where current prices sit relative to longer-term trends.
Portfolio valuation through Pro uses live wholesale bid pricing rather than estimated retail values, giving members a more realistic view of current liquidation value across their holdings. Combined with proprietary spread analysis and product research tools that allow comparisons across the broader certified coin and bullion market, Pro is designed to give members the kind of objective, data-driven context that makes it easier to evaluate individual coins and understand how premiums and liquidity evolve over time.
We support a wide range of payment methods to make the purchasing process as straightforward as possible. Major credit cards including Visa, Mastercard, American Express, and Discover are accepted, along with PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency via BitPay. Each payment method is processed through a secure transaction environment designed to protect your information at every step.
Whether you prefer the speed of a wire transfer for a larger purchase or the convenience of a credit card for a single certified coin, the flexibility is built into the platform intentionally. Security and convenience are not trade-offs in how we approach payment processing; they are both treated as baseline expectations for every transaction.
Volume Discount Pricing Orders paid by debit card, credit card, and PayPal are an item's full list price and receive no discount. Orders paid by cryptocurrency receive a 3% discount from an item's full list price. Orders paid by eCheck (ACH), paper check, and bank wire receive a 4% discount from an item's full list price.
| Quantity | (e)Check/Wire | Crypto | CC/PayPal |
|---|---|---|---|
| 1 - 9 | $102.90 | $105.05 | $107.19 |
| 10 - 19 | $101.91 | $104.04 | $106.16 |
| 20+ | $100.92 | $103.03 | $105.13 |
1+
|
$97.10 | $99.12 | $101.15 |
Product ID: BST-00213110A1
| Random Year Status | Random Year |
|---|---|
| Precious Metal Type | Silver |
| Bullion Coin Type | Morgan Dollar |
| Format | Coin |
| Country of Origin | United States |
| Brand/Mint | U.S. Mint |
| Mint Mark | Various |
| Purity | 0.9 |
| Weight | 0.7734 oz |
| Thickness (mm) | 2.4 mm |
| Diameter (mm) | 38.1 mm |
| Inner Pack (Quantity) | 20 |
| Grade | MS64 |
| Grading Service | PCGS |
The Morgan silver dollar stands as one of the most recognized coins in American numismatic history, and this PCGS MS64 example from the 1878 to 1904 production era represents the series at a high level of preservation. Struck by the United States Mint in .900 fine silver and weighing 26.73 grams (0.7734 troy ounces), the Morgan dollar carries both the substance of a 90% silver coin and the appeal of a series with deep collector demand. PCGS has graded this example MS64, placing it firmly in the category of uncirculated coinage with only minor imperfections that fall short of the gem threshold.
The toned designation adds a meaningful dimension to this piece. Natural toning that develops over decades is widely regarded by serious collectors as evidence of originality and proper long-term storage, and PCGS evaluates toning as part of its overall assessment. We carry PCGS-certified examples of this series because the independent third-party grade provides a transparent and standardized basis for buyers to evaluate what they are acquiring.
The Morgan dollar was born out of the Bland-Allison Act of 18
…The Morgan silver dollar stands as one of the most recognized coins in American numismatic history, and this PCGS MS64 example from the 1878 to 1904 production era represents the series at a high level of preservation. Struck by the United States Mint in .900 fine silver and weighing 26.73 grams (0.7734 troy ounces), the Morgan dollar carries both the substance of a 90% silver coin and the appeal of a series with deep collector demand. PCGS has graded this example MS64, placing it firmly in the category of uncirculated coinage with only minor imperfections that fall short of the gem threshold.
The toned designation adds a meaningful dimension to this piece. Natural toning that develops over decades is widely regarded by serious collectors as evidence of originality and proper long-term storage, and PCGS evaluates toning as part of its overall assessment. We carry PCGS-certified examples of this series because the independent third-party grade provides a transparent and standardized basis for buyers to evaluate what they are acquiring.
The Morgan dollar was born out of the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase silver and convert it into coinage. Chief Engraver George T. Morgan designed the coin, which entered production at multiple mint facilities including Philadelphia, New Orleans, Carson City, and San Francisco. The series ran from 1878 through 1904, was briefly revived in 1921, and has remained a cornerstone of American numismatics ever since.
The political and economic forces behind the Morgan dollar reflect the silver debates of the Gilded Age, when Western mining interests and agricultural advocates pushed back against a gold-dominated monetary system. Production quantities varied significantly by year and mint mark, which is why certain date and mint combinations command substantial premiums in the collector market. The 1878 to 1904 window represents the original run of the series, covering 26 years of production across facilities that each left their own distinct mark on surviving examples.
Many of these coins sat in Treasury vaults for decades before being released into circulation, which is part of why a meaningful number of high-grade examples survived. The 1962 to 1964 Treasury releases and the subsequent GSA sales of the 1970s brought large quantities of Uncirculated Morgan dollars into the market, and many of those coins have since been graded and encapsulated by services like PCGS and NGC.
George T. Morgan's design for the obverse features a left-facing portrait of Liberty, modeled in part after Anna Willess Williams, a Philadelphia schoolteacher who sat for Morgan as a reference subject. The portrait is surrounded by thirteen stars representing the original colonies, with the date appearing at the base. The word LIBERTY arcs across the headband of the Phrygian cap worn by the figure, and the overall composition has a classical dignity that set it apart from the coinage of its era.
The reverse depicts a heraldic eagle with wings spread, clutching arrows and an olive branch, with a wreath below and the inscription UNITED STATES OF AMERICA surrounding the design. E PLURIBUS UNUM and the denomination ONE DOLLAR complete the inscriptions. The eagle's head faces right toward the olive branch, a detail Morgan adjusted from the original submission after early criticism of the design.
On toned examples, the visual character of the coin extends beyond the engraving itself. Natural silver toning can present in a wide spectrum of colors, from soft golden and iridescent blues to deeper violet and charcoal shades depending on the environment in which the coin aged. PCGS-certified toned Morgans are evaluated for the quality and originality of that toning, and coins that display attractive, naturally developed color typically generate stronger collector interest than untoned counterparts at the same numeric grade.
Every coin in this listing is encapsulated and graded by PCGS, one of the two most trusted third-party grading services in the numismatic industry. PCGS authentication involves multi-stage examination for genuineness, originality, and grade consistency before the coin is sealed in a tamper-evident holder with a unique certification number. We are an authorized PCGS dealer, which means the graded coins we carry come through channels that are consistent with PCGS standards and verified for authenticity.
The Morgan dollar's silver content of .900 fine, with 10% copper alloy for durability, was a consistent standard throughout the series. PCGS encapsulation confirms both the coin's identity and its grade, removing the ambiguity that comes with raw, ungraded examples. For buyers focused on a specific date or mint mark, the certification number can be verified directly through PCGS's online lookup tool, providing an additional layer of transparency beyond the label itself.
The MS64 designation places this coin in the Mint State range, fully uncirculated but with slightly more noticeable contact marks or minor blemishes than what would qualify for MS65 gem status. At MS64, a Morgan dollar will typically show sharp strike detail, original mint luster, and only scattered marks that are not in the primary focal areas. For a coin that circulated through a 19th-century economy and may be well over 100 years old, MS64 represents an exceptional level of preservation.
The toned designation, as assessed and accepted by PCGS, indicates that the coin displays natural toning that enhances rather than detracts from its overall appeal. PCGS does not award toning designation to coins with artificial or chemically induced color, so the label itself carries meaningful assurance about the originality of the surfaces. Each coin arrives sealed in its original PCGS holder, which protects both the coin and the integrity of the grade. Individual coins ship with appropriate protective packaging to ensure the holder arrives in the same condition in which it left our facility.
Pricing for a PCGS MS64 toned Morgan dollar reflects several overlapping factors. The base silver value, derived from the current spot price of silver applied to the coin's 0.7734 troy ounce content, establishes a floor, but the numismatic premium at this grade level typically far exceeds raw melt value. The premium is driven by collector demand for the specific date and mint mark combination, the quality and originality of the toning, and the confidence that comes with third-party certification at a recognized grade level.
Toning adds a subjective but real premium layer. Coins with attractive, original toning in desirable color spectrums often trade at meaningful premiums above untoned coins of the same date, grade, and mint mark. Our pricing on certified coins reflects current market conditions within the numismatic collector market, and the transparent bid/ask spread displayed on our product pages gives buyers a clear picture of both the acquisition cost and the current resale context.
PCGS-certified Morgan dollars are among the most actively traded coins in the numismatic market. The series benefits from a large and established collector base, widespread dealer familiarity, and deep auction records that provide consistent pricing reference points. Third-party certification through PCGS removes a significant friction point in the resale process because buyers and dealers can transact based on the grade and certification rather than relying on individual assessment of raw coins.
We operate a two-way market that allows customers to both buy and sell certified coinage within the same platform. For collectors and buyers who want to understand the full picture of what they own, our buyback pricing on certified Morgan dollars reflects current market conditions and provides a practical reference point at every stage of ownership, not just at the time of sale.
The combination of PCGS MS64 certification, original toning, and historical significance from the 1878 to 1904 production run makes this a genuinely compelling option for collectors building a quality Morgan dollar set or looking for a high-grade example of one of America's most storied coin series. The independent certification eliminates guesswork about grade and authenticity, and the toning designation signals that the coin's surfaces have been evaluated and accepted as original.
For buyers who appreciate coins that carry visual character beyond a standard white uncirculated surface, toned Morgans at the MS64 level offer a meaningful combination of grade quality and aesthetic distinction. The silver content provides a tangible connection to the coin's monetary origins, while the numismatic grade and certification support its identity as a collector piece with a well-documented market. These characteristics together make PCGS MS64 toned Morgans a consistently sought-after category in both the collector and secondary dealer markets.
We have operated in the physical precious metals and numismatic space since 2010, and our approach has always been built around transparency rather than pressure. As an authorized PCGS dealer, we carry certified coins through reputable channels and stand behind the authenticity and grade of every piece we sell. Our A rating with the Better Business Bureau, along with our membership in both the American Numismatic Association and the National Coin and Bullion Association, reflects the standards we hold ourselves to across every transaction.
Our pricing structure is designed to be clear. The bid/ask spread on each product page gives you a direct view of the current market context, not just the asking price. When it comes time to sell, our two-way market means you are working within the same ecosystem where you made the purchase, supported by competitive buyback pricing and a team that understands the certified coin market. We focus on building long-term relationships with customers who want straightforward, informed access to physical precious metals and numismatic coins, and that philosophy shapes every part of how we operate.
Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing, which is particularly relevant when evaluating certified coins where premiums and spreads can shift meaningfully based on collector demand and secondary market activity. Rather than relying on static list prices, Pro members can view real-time wholesale market pricing for coins like PCGS MS64 toned Morgan dollars and compare that against historical premium data to better understand where current prices sit relative to longer-term trends.
Portfolio valuation through Pro uses live wholesale bid pricing rather than estimated retail values, giving members a more realistic view of current liquidation value across their holdings. Combined with proprietary spread analysis and product research tools that allow comparisons across the broader certified coin and bullion market, Pro is designed to give members the kind of objective, data-driven context that makes it easier to evaluate individual coins and understand how premiums and liquidity evolve over time.
We support a wide range of payment methods to make the purchasing process as straightforward as possible. Major credit cards including Visa, Mastercard, American Express, and Discover are accepted, along with PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency via BitPay. Each payment method is processed through a secure transaction environment designed to protect your information at every step.
Whether you prefer the speed of a wire transfer for a larger purchase or the convenience of a credit card for a single certified coin, the flexibility is built into the platform intentionally. Security and convenience are not trade-offs in how we approach payment processing; they are both treated as baseline expectations for every transaction.
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