1895 Morgan Dollar

About This Coin

The 1895 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — 18th of 28 years in the series. In 1895, coins were struck at the San Francisco, New Orleans, and Philadelphia Mints with a combined mintage of 850,880. This represents the lowest annual mintage in the entire series, below the series median of 28.0 million. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Known as the "King of Morgan Dollars" — the 1895 exists only in proof, with no business strikes confirmed. Weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 20 known die varieties for this date across 2 categories, including repunched mint mark, vam variety. Across its variants, estimated values range from $362 to $288K depending on mint mark, grade, and strike type. A notable auction result reached $575K in MS67 grade at Heritage Auctions. Designed by George T. Morgan.