1894 Morgan Dollar (1894-P)


The 1894 Morgan Dollar (1894-P)

Morgan Silver Dollar dated 1894 and minted at the Philadelphia branch of the US Mint. There is no mint mark. The 1894-P is a key date for collectors as only 110,000 coins were minted. Prices are high even for worn coins.

The Obverse shows an image of Liberty, designed by George T Morgan. His initial 'M' is found on the truncation of the neck. The coin is named after the designer who at the time was United States Mint Assistant Engraver.

The edge is reeded.

The Reverse shows an eagle holding arrows and an olive branch, also designed by George T Morgan. On the coin shown there is quite a large scratch across the eagle, but as the 1894-P is such a rare coin it will still command a high price.

In 1894, Mint marks can be found above the DO in DOLLAR. If no mint mark is present then the mint is Philadelphia, but it may be S (San Francisco) and O (New Orleans).

As the 1894-P is expensive, check carefully that an 'O' or 'S' mint mark has not been physically erased to make a fake 1894-P.

Image credit: Mountain View Coins (via mycoinpictures.com)


Mintage: 110,000 (may include coins in sets)
Minted at US Mint - Philadelphia.
Remember 1894 ?
Monarch is Queen Victoria. Prime Minister is William Ewart Gladstone (Liberal) who resigns and then from 5th March is Archibald Primrose, 5th Earl of Rosebery (Liberal). US President is Grover Cleveland (D-New York). Tower Bridge in London opened. Blackpool Tower opened. Michael Marks and Thomas Spencer open the first Marks & Spencer store in Manchester. Coca-Cola is sold in bottles for the first time. Milton S. Hershey creates the Hershey Chocolate Company in Lancaster, Pennsylvania.
General Description: Morgan Dollars

The Morgan Dollar was a USA silver coin minted from 1878 to 1904 and then again in 1921. It had a currency value of one US dollar. In 2021, a .999 Silver Morgan Dollar was released to mark the 100th anniversary of the last Morgan Dollar.

The name Morgan derives from the designer George T. Morgan (1845-1925). Morgan was originally from Birmingham, England, where he worked with William Wyon but moved to America in 1876 to become the assistant engraver at the US Mint. The image of Liberty was modelled by a Philadelphia school teacher named Anna Willess Williams.

Morgan later became Chief Engraver of the U.S.Mint from 1917 until 1925 and he is probably best known for the Morgan Dollar, although he designed many other coins too. You can see a small 'M' on the truncation of the neck.

The Morgan Dollar was brought about due to the Bland–Allison Act of 1878 and during the early days the coin was often referred to as the Bland Dollar (after Richard P. Bland who introduced the Bill), although some called it the buzzard dollar as they disliked the image of the eagle.

Specifications

  • Diameter: 38.1 mm
  • Thickness: 2.4 mm
  • Weight: 26.73 g
  • Edge: Reeded
  • Silver Content: 90% (Copper 10%)
In all, over 650 million Morgan Dollars were minted. They were made in five different mints:

  • Philadelphia (No mint mark, although modern coins use 'P')
  • New Orleans (Mint mark = 'O')
  • San Francisco (Mint mark = 'S')
  • Carson City (Mint mark = 'CC')
  • Denver (in 1921 only: Mint mark = 'D')

The Morgan Dollar remains a popular coin with collectors and investors.

We have a few articles on Morgan Dollars:

Which Mint: US Mint - Philadelphia
The United States Mint, Philadelphia was founded in 1792. It has a mint mark of 'P' although the early coins minted there do not carry a mint mark. The 'P' was added to most coins after 1980.
Country of Origin: United States of America
The United States of America (USA), commonly known as the United States (U.S.) or America, is a constitutional federal republic composed of 50 states. It's currency is the Dollar (USD $1) and that is equivalent to 100 cents.

The United States mints many famous coins in gold, silver and lesser metals. The USA has several Mints, such as Philadelphia, San Francisco, West Point (NY) and Denver.
If you don't see a coin in the list below try the Morgan Dollars page on eBay UK

List of items on:

UK On eBay UK:
1894 "P" Morgan Silver Dollar $1 #5 "KEY DATE" East Coast Coin & Collectables
1894 "P" Morgan Silver Dollar $1 #5 "KEY DATE" East Coast Coin & Collectables
£ 1,237.41
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC XF Detail - Rare Date
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC XF Detail - Rare Date
£ 993.52
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC AU Detail - Rare Date
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC AU Detail - Rare Date
£ 1,185.32
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC AU Detail - Rare Date
1894-P Morgan Silver Dollar $1 Coin (1894) - Certified NGC AU Detail - Rare Date
£ 1,200.67
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS XF Detail - Rare Date!
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS XF Detail - Rare Date!
£ 1,016.54
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS VG Detail - Rare Date!
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS VG Detail - Rare Date!
£ 663.63
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS VF Detail - Rare Date!
1894-P Morgan Silver Dollar $1 Coin 1894 - Certified PCGS VF Detail - Rare Date!
£ 893.79
1894-P Morgan Silver Dollar $1 Coin 1894 - Choice VF / XF Details - Rare Date!
1894-P Morgan Silver Dollar $1 Coin 1894 - Choice VF / XF Details - Rare Date!
£ 909.19

List of items on: