2023 Reverse Proof Morgan & Peace Silver Dollars Launch

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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.

US Mint image 2023 Morgan and Peace Silver Dollar Reverse Proof Set
U.S. Mint image of the 2023 Morgan and Peace Silver Dollar Reverse Proof Set. Each set is encapsulated and packaged in a single black box with sleeve and accompanied by a certificate of authenticity.

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."

US Mint Images of 2023-S Reverse Proof Morgan and Peace Silver Dollars
U.S. Mint images of 2023-S Reverse Proof Morgan and Peace Silver Dollars

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.

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Dazed and Coinfused

No emails from mint saying order processed. No ship info. Looks like gubmint running as smooth as ever. Maybe it was a quick sell out. Wonder what subscriptions were this morning. Lol. Just kidding. This probably here for black friday

Last edited 5 months ago by Dazed and Coinfused
Chris Terp

Yep, waiting on my two to ship. Charged 4NOV. Expect them to start shipping today to folks who subscribed like many of us here.

I guess Mint waits to ship until day of general sales begin?

Mint hasn’t disappointed subscription holders in the past so expect these to process out in due order.

Dazed and Coinfused

did not get a charge to account, not showing pending. no info. the waiting room was rather short, tried to sign in to check subscription about 5 minutes prior. and was in the site on order page in about 35 seconds. checked orders and shows Nov 4th, so just a waiting game. i had 3 but reduced to 1. probably should have got all 3 and kept the best one and sent back based on the remarks from you guys and online about the previous, but decided to roll the dice and risk it. all that is left is the… Read more »

Chris Terp

There was one subscription earlier this year that I got no notifications until shipment. However, when I checked my credit card did see a charge from the Mint. At 12:47pm today received an email from the Mint my order is shipping. I hope it doesn’t languish long in the Mint’s shipment processor’s facility too long before being delivered to the Post Office. I’m hoping there’s a Space Force medal too. The flowing hair coin next year looks interesting although haven’t seen a picture of it yet. Will need to see what the Harriet Tubman and Greatest Generation commemorative coins look… Read more »

Chris Terp

Agree fully Kaiser on Mint’s pricings! They’re too damn high! (paraphrasing from a famous NY, NY mayoral candidate’s election slogan) 😉

Seth Riesling

Chris Terp,

Lol. “The rent is too damn high!” That was a funny campaign by that guy for sure.

NumisdudeTX

Chris Terp

😉

Antonio

I received my email and shipping notification, Nov. 12.

Antonio

Received my set today, Nov. 13. Maybe they’re PF70. One day I might have them graded. They are impressive. I see that the Morgan profile has been updated this year to look more like the original Morgan Dollars. I’m happy about that.

Rooster

Subscriptions are starting to ship. A must have set for coin collectors.

Chris Terp

Agree Rooster. This set looks outstanding. Looking forward to receiving mine.

Rooster

Chris: My 2 favorite coins in RP. So looking forward to them as well.

Chris Terp

Great Rooster! The Peace Dollar is my favorite US Mint coin then the Mercury Dime. Of course there are many other favorites of mine but those are the two that I’ll go out my way for.

Rooster

Agree on those mercs Chris. Wish those 2016’s were in proof.

Dazed and Coinfused

Alan Jackson sang about a chick being crazy bout a mercury, but pretty sure she can’t drive a dime, although if the mint made one now, they would charge as much as a car for it

Chris Terp

😉

Definitely true on that pricing D&C 🙁

SantaBGirl

I have a question — being not a collector. My cousin bought five of these sets and asked me to sell four for her and one for me. I have a new grandson, though, and I’m thinking of keeping the one for him. Do they increase in value? Would this be a good present for a first Christmas>

Dazed and Coinfused

Like anything, it depends on what someone willing to pay for it. It has indicators that it will do well, but past performance doesn’t always dictate future results. It is morgan and peace (some only like 1 coin and paying well above spot for other they don’t collect is hard to swallow… they could buy the coin they want graded for less than cost of paying mint release price for both) It is the first time these coins issued as reverse proof. Could go either way as Keiser was a purist and only wanted what was released prior due to… Read more »

Mmk

Probably going to be us they sell out. Just wondering if anybody know how to figure out the amount available for sale I tried all the methods posted here in the past nothing seems to work.

Chris Terp

I don’t think Mint will post sales figures Mmk until after they go on sale at Noon today.

Domenic Vaiasicca

Mine got charged on 11/3. Got the on the way text at 7am pst today

Dazed and Coinfused

order status says shipped. pasting the tracking the tracking info did not yield data like it used to, went to usps and entered and said label created. guess when i get the ship email or order confirmation email i will know. but i do not recall getting one until about an hour after release last coin and then 8 hours after that for the other coin. so time will tell. i tried just looking up available after the sale started and no numbers after the word. guess they have removed that component at the request of Magic Mike and the… Read more »

Zman

Got my shipping notice for set I subscribed to this morning then hit the “waiting room” for a wait of 6 minutes then ordered a second set. Hope they look as good or better than the regular proof ones.

JWP

All 3 of my subscriptions have shipped.

Allan

I have a subscription of one. I received no notice nor do I have a pending charge. Looked in History and nothing is showing. Looks like my subscription failed to process. So I bought one just now, glad they did not sellout quickly.

Tom

Mint had my order listed on 11/3. Received email at 2:00 that the order had been ‘shipped’, which means label created.
At 2:09 the set is still available
Even at the high price, that surprises me, I thought this was a rapid sell out for sure

Allan

Tom

At least for me and I think for a few other collectors a B.B. King song comes to mind, The Thrill is Gone.

Dazed and Coinfused

2 hours after release, received email for my subscription coin shipping.

Chris Terp

That’s good news D&C. Now I hope they get out of the Mint’s shipping center and to the Post Office quickly – as I hope mine will too!

Dazed and Coinfused

RIP Dear Keiser. Though I’ve known you for only a short time your grasp of vernacular and ability to string along a pointed argument will be missed. While we did not always agree, I think we aligned more than others here. While also knowing the horrors of war and a lifetime of suffering, you also understood importance of not silencing voices. I appreciate you calling me out on points as well as respecting viewpoints and able to understand the consequences of actions. While not all choices are correct, or easy, or even lead to a desired outcome, you understood there… Read more »

victor

What!? Keizer’s gone? No way!

Chris Terp

Wow, I step away for a few hours and there’s drama here! What happened w/Kaiser?

Christo

Today would have been a great day to discuss coins with yesterdays quirky mint sales report and todays RP release. I had to look twice to see if I was on the correct site.

Rooster

What Happened?

CaliSkier

WTH? Was this caused by the “Sour Fly” collector, who just couldn’t, “Let it Go”? Lame that potentially, troll like behavior, forced the hand of a valued member? Perhaps I should have used this instead of Rambo? The adversarial crap has got to stop! Everything seemed fine and totally dysfunctional prior to a few months back when “he who will not be named” was taken to task and asked to knock it off. Now this….
Seriously?

0E8EEE4E-DD42-4B2A-B60F-DF250301F7F3.jpeg
victor

Hold on. Did he die or leave?

CaliSkier

Pretty sure he’s still alive, however memories of his, ever having been a participant, here on Coin News are all gone. Every single comment or interaction any and all, that had the great pleasure to share with him. His way with words and vast vocabulary will and are already missed tremendously. How many here enjoyed Kaiser Wilhelms word play? I know that I fully enjoyed any and all exchanges with Kaiser Wilhelm. Hopefully he will return, however something tells me no. One does not erase years and years of comments and then just simply come back, IMO. Hopefully, like many… Read more »

Seth Riesling

CaliSkier,

I too hope Kaiser Wilhelm returns here to continue posting comments. He & I had a lot in common having lived in Germany & collecting coins. I hope he is well for sure.

NumisdudeTX

Dazed and Coinfused

He left.

victor

I don’t know why but I ordered a set. I mean what hell!

Chris Terp

They’re nice coins Victor so you’ll enjoy them when you receive 🙂

Robert T Thomas

I think the U.S. Mint just laid another egg. I was going to buy 3 sets. When I saw their schedule for 2024, I noticed they have the Morgan and Peace in Uncirculated, Proof, and Reverse Proofs again. They are going to do this every year. I was hoping that this year’s Proof and Reverse Proofs would be special sets for this year only. I bought 2 instead of 3. The only reason I bought 2 was in case I got one coin that was scuffy, like the one Unc Morgan I received from them in June. I read in… Read more »

Seth Riesling

My subscription shipped from the Mint’s newest fulfillment center in Texas today & went from Dallas to Irving today & on schedule to be delivered on Monday, if not earlier, since I am just south not really too far down I-35 South from the Dallas Metro area in Austin. Good luck to everyone in getting flawless beautiful RP silver dollars!

NumisdudeTX

Greg

Mine show Monday delivery date. I’m just 100 miles north of the fulfillment center.

Tom

Mine shows Monday as well, shipped from Dallas

Husker

Still available almost 24hrs later, glad I reduced my order to 3. Everything I get from the USMint is by subscription, what was the last coin to sell out first day of issue?
I normally buy a couple extra to sell to make my money back but not this year. Still sitting on household limits of Women’s Quarters (subscription cancelled btw.)and several proof and uncirculated Morgan and Peace dollars.

Wow

The sets still haven’t sold out as of 11-10. I guess the price increase made people think twice about rushing to buy all five. I almost bought 2 but decided against it. Ebay pre-sail prices are $60.00 or more.

Chris

Im confused. On EBay already that sellers have them graded and actually have them in hand. Were these sold earlier to special customers? They just came out yesterday

Rooster

These are at Remind Me status. I ordered 2 yesterday when they went on sale. My 5 subscriptions to arrive Monday.

Christo

Now that it has gone to ‘Remind Me’ status a day later, may I suggest that the household limit was a success for this issue? It would seem that collectors got their fill don’t you think?

Rooster

Christo agree these limits give everyone a fairer chance.

Mmk

Looks like they’re not available now wondering how many they actually sold how many are on back order crew that seems no way to find any amount sold from the Mint website. Anyone has any idea or any knowledge please post

Dazed and Coinfused

I wonder if the remaining were scooped by single corporate company to hoard. Make folk think fast sellout. Get their coin slabbed at bulk rate and post 1 at a time on eBay to make a quick buck. Or if they plan to hold long term. It could also indicate the corporate dealers saw a lot with blemishes and ordered more expecting refund. It is hard to say. Or perhaps it is like other similar services and they have several releases over time so to speak. Did we ever find out what they did to the Morgan’s returned for damage… Read more »

Mmk

Yes, thank you for your response. Appreciate your logic behind the pro Palestinian. Protests sadly there so some people are America lost all sense of clarity.

Mike Petraitis

These coins remind me of a song Shinia Twaine sings That don’t impress me much.

Jack

Sold out !

Rooster

That was quicker than I thought it would take. Expected them to be around for a couple weeks to a month.

Christo

Arrived today. Both sets are flawless and I couldn’t be happier.

Rooster

Good to hear. Hoping for the same on Monday.

Dazed and Coinfused

Nice. Hope they all are great.

Benjamin G

Would be great of the mint actually made “MINT” products. Just received 5 of the 2023 Reverse Proof Morgan/Peace sets and 3 are going back! Spotting, blue strings in the capsule, marks on the coins, coins put of the case, AND pen marks on the COAs! Been waiting literally 2 years for this and was VERY disappointed. Dissatisfied and Disappointed are 2 VERY different things. The US Mint needs to fire everyone and start over.

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Greg

That sucks!

Got mine today and all the coins looked great. Like you the coins were loose in the box but otherwise no problems.

Domenic Vaiasicca

Yay my coins are out for delivery today, a day early….before it starts raining tomorrow!

Last edited 5 months ago by Domenic Vaiasicca
Tom

Received mine today. extremely nice. No blemishes I can see.
Loos like slabbed coins selling for ever 300 for the set.
Unslabbed on EBay for 205 with 2 hours left, so am curious to see what that one ends up at.

Domenic Vaiasicca

Update received coins….look stunning and flawless and no lint. One coin came loose from box but both are capsule damage free. Very impressed with frosting. Happy camper!

Last edited 5 months ago by Domenic Vaiasicca
Rooster

Today I received 6 sets and all were stunning. These are my favorite modern day silver coins yet.

Chris Terp

Got my two sets today too Rooster. They look outstanding. Pleased I purchased more than one.

One set the coins were loose in the box but in their capsules.

Agree, these are definitely a collector’s favorite modern coins.

Rooster

I also had four coins loose but still in the capsules. The rest were loosely placed in the slot which made them easy to remove. Hope those receiving them at Christmas appreciate them as much as I do. Retaining a couple for myself.

Lee

Mine were also loose in the box but in their capsules and perfect. The reverse proofs look much more amazing than I had anticipated.

Chris Terp

Great Lee! Yes, these are superb coins for us.

Jim M Linn

I ordered two sets and they arrived in the mail today. WOW! These are outstanding! I am blown away at the beauty of these coins. You who are waiting are not going to be disappointed in these beauties!

Markaf

I ordered two sets within the first ten minutes they became available and received them today, 11/13/23. They are in perfect condition and the shipping was extremely fast!

Antonio

I also and I’m very happy with my set.

REB

Add my name to the list of folks who got their order today and were satisfied. The coins are beautiful. My only quibble is my usual pet peeve – the packaging is pretty pedestrian (a.k.a., “cheap”) for such a nice-looking set of coins.

Darkesmoke

The Mint hit the sweet spot on this one. Received my 3 sets yesterday and they are all exquisite. Also noticed the coins are no longer available from the Mint so they must have sold out which portends to a decent after-market. An 11 on a 1-10, Grand Slam

Chris Terp

Total agreement REB on the cheap packaging for these outstanding and expensive coins.

Makes me wonder what our fellow citizens on the Mint’s CAC are advising Mint staff about this? Guess they’re all-in w/the grading services since those entities ditch the Mint packaging by encapsulating the coins into their holders.

REB

The funny thing is that with most collectibles, original packaging is important to after-market value. If the item is in the original box with the original COA, it’s worth more. For coins, at least for the last few years, that doesn’t seem to be the case.

I have a feeling that at some point in the future having the original Mint packaging will become important in coin collecting. Wonder how much less valuable those slabbed coins will be at that time?

Chris Terp

I believe with new coins the grading services want you to submit the original boxes, Mint receipt & CoA. They return all to you along w/your coin in one of those ugly slabs that you can’t put back in the original box. Now you need another storage area for those original boxes that aren’t being used for your coin.

REB

Interesting. Thanks for the info. What’s the likelihood that those empty boxes & COAs last even one generation with the slabbed coins? Those coins still with the original packaging will likely be worth far more than their slabbed-only counterparts in as little as 10-20 years.

Rooster

I would have liked to have seen these in a clam shell. They started doing this with proofs some time ago. Packaging sure has cheapened over the years.

REB

Amen.

Carl

The one set I ordered arrived in good condition yesterday. I’m not a fan of reverse proof of any coin. To anyone that ordered the proof coins do as I did and compare the detail of the coins. In my opinion the reverse proof is a gimmick to sell overpriced coins and it seems to be effective and the mint got over $46 million.

REB

I kind of like the frosted field. It makes the image pop on the coin. But it does make me wonder, what was the first proof coin to incorporate “frosting” (either regular or reverse proof)? I remember most (all?) proof coins used to have only a bright, shiny finish.

Dazed and Coinfused

Got mine in mail Monday. Looks great. Box same color brown and same size as usual coin orders. Nicely taped. No idea how coins look or whether still snuggly fit in the case, but I’m sure they will be OK. Does the threads take away from the coin? As in if submitted for grading later make it a 69, or does it just hinder the look under the original capsule? First it was red hairs, now blue. Guess white is coming next. Pen marks on the CoA? That’s a new one. Submit it for a partial autograph. Can you post… Read more »

FViia

5 for 5 here. Coins in each case not in their positions, and once replaced are somewhat loose. Willing to bet that they are moving around in your UPS box or have moved. No issues with hairs, pen marks, grease, spotting or anything. They look great. Maybe lucky here. What happened to Kaiser? His wife tired or proofreading his posts? Bring back Senza.

Uncle Sam's Nephew

I bought one set at Baltimore’s Whitman show. A line to buy but not too bad. The set is perfect and pristine. Very pleased.
But also subscribed for three sets as gifts that sadly confirmed my pet peeve about Morgans. They always have blems on Liberty’s cheek. One Morgan looked like our lady lost a knife fight. And such a shame since all three Peace were perfect, blem- free.
What to do? Keep the set or return? Why does the mint do this?

morgan

Because we’re always so quick to criticize, we should be quick to praise, too. The reverse proof silver dollar set is truly wonderful. the coins arrived in perfect condition and even a day earlier that excepted. The reverse finish even makes the Morgan Dollar look good. The only thing that would have improved the coins was for them to have been packaged in that famous wooden box. Thank you, Mint.

Richard

Got my Morgan, peace set yesterday on subscription. Did not have to go online to buy them. They shipped them before public sale.

sam tweedy

Don’t Worry!!! “OLD LADIES” here. Iron Mike Mezack has got you covered and he has plenty to sell, at a “GREAT” price!!! Just Understand!!!!>>>>>>>>>>>>>