One of the most exciting products from the United States Mint this year will go on sale today at Noon ET when the 2023-S Morgan & Peace Dollar Reverse Proof Two-Coin Set launches.
This limited mintage set contains one 2023-S Morgan Silver Dollar and one 2023-S Peace Silver Dollar, both minted at the U.S. Mint facility in San Francisco. Each is featured in .999 fine silver with collectible reverse proof finishes showcased by mirror-like polished design elements set against a frosted background.
The two coins in this set are exclusive to this release, likely leading to a quick sell-out. That being said, the designs found on the coins are familiar to just about all coin collectors, as they were taken from 19th and 20th-century coins beloved to many: the Morgan silver dollars issued from 1878 to 1904 and in 1921, as well as the Peace silver dollars issued from 1921 to 1928 and again in 1934 to 1935.
These designs have also appeared on modern-day issues as the U.S. Mint began striking centennial anniversary Morgan and Peace dollars in 2021. In addition, uncirculated versions of both were offered earlier this year on July 13 for $76 each, and they quickly sold out despite their mintages of 275,000 each. Following that, on Aug. 9, proof Morgan and Peace dollars were released, priced at $80 each. The proof coins have mintage caps of 400,000 and are still available, with standalone options having sales (through Nov. 5) totaling 322,295 coins for the proof Morgan dollar and 295,311 coins for the proof Peace dollar.
Morgan and Peace Dollar Designs
To recreate the classic designs found on modern-day Morgan and Peace dollars, the U.S. Mint utilized historical assets along with digital technology.
U.S. Mint Chief Engraver George T. Morgan originally created the designs for the dollars issued from 1878 to 1904 and in 1921, which most people now associate with his last name. These coins, along with the updated pieces, feature obverse (heads side) designs that showcase Lady Liberty in profile with a cap, flora, and a crown incused with the word "LIBERTY." Thirteen stars, "E PLURIBUS UNUM," and the date of issuance encircle her.
Morgan dollar reverses (tails side) depict a heraldic eagle with outstretched wings clasping arrows and an olive branch, surrounded by a wreath. Inscriptions read "UNITED STATES OF AMERICA," "IN GOD WE TRUST" and "ONE DOLLAR."
Italian American sculptor Anthony de Francisci is credited with the designs first seen on Peace dollars issued from 1921 to 1935. The obverse features Liberty in profile with a radiant crown on her head. Inscriptions include "LIBERTY," "IN GOD WE TRUST," and the year.
On the reverse, an eagle is depicted at rest, holding an olive branch above the inscription "PEACE." Additional inscriptions include "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and "ONE DOLLAR."
Morgan and Peace Silver Dollar Specifications
| Denomination: | $1 |
|---|---|
| Finish: | Proof |
| Composition: | 99.9% silver |
| Silver Weight: | 0.859 troy oz. |
| Diameter: | 1.500 inches (38.10 mm) |
| Edge: | Reeded |
| Mint and Mint Mark: | San Francisco – S |
| Privy Mark: | None |
Price and Ordering
Starting at Noon ET, the 2023-S Morgan & Peace Dollar Reverse Proof Two-Coin Set is available for $185 directly on the U.S. Mint’s page of silver dollar products.
The mintage for this reverse proof set is capped at 250,000, with an initial household order limit of 5 applying for the first 24 hours.
As an additional note, the set is included in the U.S. Mint’s Authorized Bulk Purchase Program, with the Mint indicating that no more than 10% of the maximum mintage will be distributed to authorized bulk purchasers.
