ICG Graded Peace / Morgan Silver Dollar Coins IDC Verified Coin

Collecting Certified Morgan & Peace Silver Dollars

Morgan and Peace Dollars are among the most widely collected historic United States silver coins.

The original Morgan Dollar series spans 1878–1904 and 1921. Original Peace Dollars were issued from 1921–1928 and 1934–1935.

Both series contain 90% silver and 10% copper, with approximately 0.77344 troy ounce of pure silver per standard coin.

IDC Verified Morgan and Peace Dollars are selected coins that participate in IDC Coin & Bullion's authentication and preservation program, with independent evaluation through Independent Coin Graders (ICG).

Collectors can compare certified examples by date, mintmark, grade, variety, originality, and historical significance.

What Makes a Silver Dollar IDC Verified?

IDC Verified is a numismatic authentication and preservation program developed by IDC Coin & Bullion, part of International Diamond Center.

Participating Morgan and Peace Dollars undergo an initial examination by IDC's numismatists, independent third-party evaluation through ICG, and an additional IDC authenticity review.

1. IDC Numismatic Review

Selected coins are examined for identifying characteristics, authenticity considerations, and collectible significance.

2. Independent ICG Evaluation

ICG assesses participating coins and assigns applicable numerical grades or descriptive designations.

3. Additional IDC Review

IDC conducts another authenticity review as part of its published verification process.

4. IDC Verified Diamond Label

Eligible holders carry the distinctive label identifying participation in the IDC Verified program.

Important distinction: ICG is the independent grading and authentication service. IDC Verified is IDC's additional review program. Certification does not guarantee rarity, resale value, or future appreciation.

Learn How IDC Verified Works .

Morgan Silver Dollars: 1878–1921

The Morgan Silver Dollar was designed by George T. Morgan and introduced in 1878.

Its obverse depicts Liberty wearing a Phrygian-style cap, while the reverse features an eagle with outstretched wings.

The original series was produced from 1878 through 1904, with an additional issue in 1921.

Morgan Dollars are closely connected to the history of American silver mining, the expansion of the West, and nineteenth-century monetary policy.

Why Collect Morgan Dollars?

Historical Significance

Morgan Dollars connect collectors with the American silver-mining era.

Mintmark Variety

Coins were produced at five U.S. Mint facilities, each with distinctive collecting opportunities.

Condition Rarities

Certain dates are available in circulated grades but significantly scarcer in high Mint State grades.

Die Varieties

Collectors study VAMs, overmintmarks, reverse types, and other documented varieties.

Morgan Dollar Mintmarks: CC, O, S, D & Philadelphia

Morgan Dollars were struck at five United States Mint facilities during the original series.

Mintmark	Mint	Collecting Significance
None	Philadelphia	Original Morgan issues generally carry no mintmark.
CC	Carson City, Nevada	Strong collector interest associated with Western silver mining.
O	New Orleans, Louisiana	Issued Morgan Dollars from 1879 through 1904.
S	San Francisco, California	Includes both common dates and important condition rarities.
D	Denver, Colorado	Produced original Morgan Dollars only in 1921.

On original Morgan Dollars, the mintmark is located on the reverse, above the letters DO in DOLLAR.

Carson City Morgan Dollars

Carson City Morgan Dollars are particularly popular because of their association with Nevada's Comstock Lode and Western silver-mining history.

Collectors often seek the distinctive CC mintmark for type sets and complete Morgan Dollar collections.

Carson City issues vary considerably in rarity and value by date and certified condition.

Collectible Morgan Dollar Varieties & VAM Attributions

Morgan Dollar collecting extends beyond dates and mintmarks.

Specialized collectors study die varieties, reverse designs, and mintmark alterations.

1878 Morgan Dollar: 7 and 8 Tail Feathers

During the first year of Morgan Dollar production, the reverse design underwent important changes.

Collectors distinguish varieties including 8 Tail Feathers (8TF) and 7 Tail Feathers (7TF), along with recognized reverse design types.

These are variety designations, not mintmarks.

1879-S Reverse of 1878 vs. Reverse of 1879

Certain early San Francisco Morgan Dollars are collected by reverse design type.

Differences in the eagle and associated design characteristics distinguish these varieties.

Review the precise reverse attribution on the certified holder.

1900-O/CC Overmintmark

The 1900-O/CC is a recognized Morgan Dollar overmintmark.

It reflects an O mintmark punched over an earlier CC mintmark on the die.

The variety is popular among collectors interested in U.S. Mint production methods and die history.

What Are VAM Varieties?

VAM is the collecting term for recognized Morgan and Peace Dollar die varieties cataloged through the work of Leroy Van Allen and A. George Mallis.

VAM varieties may involve doubled design elements, overdates, mintmark differences, die clashes, or other diagnostic characteristics.

Some VAMs command premiums, while others are relatively common.

Attribution matters: A coin should not be advertised as a particular VAM without supporting diagnostic evidence. Check whether the attribution appears on the certified holder or in other reliable documentation.

Peace Silver Dollars: 1921–1935

The Peace Silver Dollar was designed by Anthony de Francisci and introduced in 1921 following World War I.

Its obverse depicts Liberty wearing a radiant crown, while the reverse features an eagle above the word PEACE.

The design reflects the hope for lasting peace after the war.

Original Peace Dollars were produced from 1921 through 1928 and again from 1934 through 1935.

1921 High Relief Peace Dollar

The first Peace Dollars were struck in high relief in 1921.

This single-year design is an important type coin for American silver dollar collectors.

Key Peace Dollar Dates

Collectors often study the 1921 High Relief, 1928 Philadelphia, and 1934-S issues, along with other date-and-mintmark combinations.

Availability and value depend on the individual coin's condition and market demand.

Modern Morgan & Peace Dollar Issues

The United States Mint revived Morgan and Peace Dollar designs in 2021.

Modern collector issues differ from original circulation-era coins in silver purity, minting methods, and production specifications.

Morgan Dollar vs. Peace Dollar

Feature	Morgan Dollar	Peace Dollar
Designer	George T. Morgan	Anthony de Francisci
Original Issue Years	1878–1904, 1921	1921–1928, 1934–1935
Silver Purity	90%	90%
Fine Silver Content	0.77344 troy oz	0.77344 troy oz
Original Mints	Philadelphia, Carson City, New Orleans, San Francisco, Denver	Philadelphia, Denver, San Francisco
Collecting Focus	Mintmarks, dates, VAMs, reverse varieties	Dates, mintmarks, relief types, condition

These specifications apply to original circulation-era Morgan and Peace Dollars. Modern collector releases have different specifications.

Understanding ICG Morgan & Peace Dollar Grades

Independent Coin Graders uses established numismatic grading terminology, including numerical grades based on the 70-point Sheldon scale where applicable.

Grade	General Condition
G-4 to VG-10	Heavily circulated coins retaining identifiable major design elements.
F-12 to VF-35	Circulated examples with moderate to considerable wear.
XF-40 to XF-45	Lightly circulated coins with substantial remaining detail.
AU-50 to AU-58	Coins showing slight circulation wear.
MS-60 to MS-64	Uncirculated coins with varying marks, luster, and eye appeal.
MS-65 to MS-67	Higher-grade Mint State coins with stronger preservation.
MS-68 to MS-70	Exceptionally preserved examples, particularly relevant to some modern issues.

Numerical Grades vs. Quality Designations

Some IDC Verified silver dollars carry numerical grades, while others are described using terminology such as AU Quality, EF Quality, or BU Quality.

These descriptive designations should not be interpreted as exact numerical grades unless a numerical grade is explicitly assigned.

Does a Higher Grade Always Mean a More Valuable Coin?

No. Date, mintmark, rarity, variety, originality, and collector demand all affect value.

A scarce circulated Morgan Dollar can be worth considerably more than a common-date Mint State example.

What Determines the Value of a Certified Morgan Dollar?

Morgan and Peace Dollar values reflect both intrinsic silver content and numismatic demand.

Date & Mintmark

Certain issues are scarcer or more desirable than others.

Certified Grade

Condition and preservation influence collector demand.

Original Surfaces

Cleaning, damage, alteration, and natural toning may affect value.

Recognized Varieties

Certain VAMs, overmintmarks, and reverse types attract specialist interest.

Silver Content

Each original standard dollar contains approximately 0.77344 troy ounce of fine silver.

Market Demand

Comparable sales and current collector interest help determine market prices.

Not every old silver dollar is rare. Likewise, a certified holder does not guarantee a particular resale value.

How to Buy IDC Verified Morgan & Peace Dollars Online

Buying a certified silver dollar begins with understanding the specific coin.

Choose a Series

Decide whether to collect Morgan Dollars, Peace Dollars, or both.

Check the Mintmark

Confirm the issuing mint and relevant date combination.

Review Certification

Read the ICG grade, designation, and available certification details.

Compare Similar Sales

Research coins of the same date, mintmark, variety, grade, and certification service.

Examine product photographs for strike, luster, toning, contact marks, and signs of surface alteration.

Some coins are individual inventory pieces and may not be replaceable with identical examples.

Preserving Certified Morgan & Peace Dollars

Protective third-party holders help reduce direct handling of collectible coin surfaces.

Store certified coins in a stable, dry environment away from excessive heat and chemical contaminants.

Avoid attempting to polish or clean Morgan and Peace Dollars. Improper cleaning can permanently alter original surfaces and reduce numismatic value.

Preserve purchase records, photographs, and certification information as part of your collection documentation.

Certified Morgan & Peace Dollars in Clearwater, Florida

IDC Coin & Bullion, part of International Diamond Center, is headquartered in Clearwater, Florida.

IDC operates 11 retail locations across Florida and Georgia and serves collectors nationwide through its online store.

Collectors throughout Clearwater, Tampa, St. Petersburg, Largo, Dunedin, Palm Harbor, Safety Harbor, Pinellas Park, and the greater Tampa Bay area can explore IDC's certified Morgan and Peace Dollar inventory online.

Selling Morgan & Peace Dollars to IDC

IDC purchases qualifying collectible coins, silver dollars, bullion, and precious metals.

If you own Morgan Dollars, Peace Dollars, Carson City coins, or an inherited silver dollar collection, contact IDC about its purchasing process.

Collectible values may depend on date, mintmark, condition, rarity, and current market demand.

Learn What IDC Buys .

Frequently Asked Questions About IDC Verified Morgan & Peace Dollars

What are IDC Verified Morgan and Peace Dollars?

Selected historic U.S. silver dollars included in IDC's authentication and preservation program, with independent ICG evaluation and additional IDC review.

Who grades IDC Verified silver dollars?

Independent Coin Graders (ICG) provides the independent grading or authentication opinion.

Is IDC Verified a separate grading company?

No. IDC Verified is a program operated by IDC Coin & Bullion. ICG performs the independent grading.

What is the IDC Verified Diamond Label?

The label identifies eligible coins participating in IDC's additional authentication and preservation program.

When were Morgan Dollars minted?

Original Morgan Dollars were produced from 1878 through 1904 and again in 1921.

When were Peace Dollars minted?

Original Peace Dollars were issued from 1921 through 1928 and again from 1934 through 1935.

How much silver is in a Morgan Dollar?

A standard original Morgan Dollar contains approximately 0.77344 troy ounce of fine silver and is made from 90% silver and 10% copper.

How much silver is in a Peace Dollar?

A standard original Peace Dollar contains approximately 0.77344 troy ounce of fine silver and is made from 90% silver and 10% copper.

What does CC mean on a Morgan Dollar?

CC is the mintmark for Carson City, Nevada, a historic branch of the United States Mint.

What does O mean on a Morgan Dollar?

O identifies coins struck at the New Orleans Mint.

What is a VAM Morgan Dollar?

A VAM is a recognized die variety identified through the attribution system associated with Leroy Van Allen and A. George Mallis.

What is a 1900-O/CC Morgan Dollar?

It is a recognized overmintmark variety showing evidence of an O mintmark punched over a CC mintmark.

What is the 1921 High Relief Peace Dollar?

The first-year Peace Dollar was struck with a high-relief design that differs from later original issues.

What does MS-65 mean on a Morgan Dollar?

MS-65 is a Mint State grade indicating an uncirculated coin meeting the grading service's criteria for that numerical level.

What does BU Quality mean?

BU Quality is a descriptive condition designation. It should not be treated as an exact numerical grade unless one is assigned.

Are certified Morgan Dollars more valuable?

Some certified examples command premiums, but value depends on date, mintmark, condition, variety, originality, and market demand.

Should I clean a Morgan or Peace Dollar?

Cleaning or polishing can permanently alter coin surfaces and reduce collector value. Avoid cleaning collectible silver dollars without specialist guidance.

Does IDC buy Morgan and Peace Dollars?

IDC considers qualifying collectible coins and silver dollars for purchase. Contact IDC about your specific coins or collection.

Where can I buy certified Morgan Dollars in Florida?

IDC Coin & Bullion is headquartered in Clearwater, Florida, operates retail locations across Florida and Georgia, and offers certified Morgan and Peace Dollars online nationwide.

Explore More Certified Coins at IDC

Shop IDC Verified Morgan & Peace Dollars

Explore ICG-certified historic American silver dollars, including Morgan and Peace Dollars with collectible dates, mintmarks, grades, and varieties.

Compare available coins and learn more about the IDC Verified authentication and preservation program.

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