Numismatic nostalgia meets cutting-edge craftsmanship with the launch of the 2025-S Proof Morgan and Peace Silver Dollars by the United States Mint.
These new releases revive two of America’s most cherished coin designs while offering collectors exceptional quality and limited availability.
Limited Edition Release Details
Struck in 99.9% fine silver, these coins are minted at the San Francisco Mint. The Morgan dollar has a maximum mintage of 180,000, while the Peace dollar is capped at 170,000.
- Price: $95 each
- Sales Start: Noon ET today
- Order Limit: 10 coins per household per product
Each proof coin comes in a U.S. Mint clamshell case inside a sleek black presentation box, ensuring both protection and display appeal.
Historical Legacy of Morgan & Peace Dollars
Morgan Silver Dollar
Introduced in 1878 and minted until 1904, with a final run in 1921, the Morgan dollar symbolizes America’s rapid industrial and economic growth. It was created by George T. Morgan (1845–1925), who served as the U.S. Mint’s Chief Engraver.
Peace Silver Dollar
First issued in 1921 following World War I, the Peace dollar represents a hopeful new era of peace. It was designed by Anthony de Francisci (1887–1964), an Italian-American sculptor, and was minted until 1928, returning briefly in 1934 and 1935.
The 1921 Silver Dollar Coin Anniversary Act
In 2020, Congress passed Public Law 116-286, also known as the 1921 Silver Dollar Coin Anniversary Act, mandating commemorative issues for the centennial of these coins.
- In 2021, five Morgan dollars were released:
- “CC” privy mark (Carson City Mint)
- “O” privy mark (New Orleans Mint)
- No privy mark (Philadelphia Mint)
- “S” mintmark (San Francisco Mint)
- “D” mintmark (Denver Mint)
- A Peace dollar was also struck at the Philadelphia Mint without a mintmark.
Due to a shortage of silver blanks, no coins were issued in 2022. The series resumed in 2023 and has continued annually since, featuring both San Francisco (S) and Philadelphia (P) issues.
Recent Sales Overview (2023–2025)
| Year | Coin Type | Mint | Type | Sales |
|---|---|---|---|---|
| 2025 | Morgan Silver Dollar | Philadelphia | Uncirculated | 98,853 |
| 2025 | Peace Silver Dollar | Philadelphia | Uncirculated | 94,821 |
| 2024 | Morgan Silver Dollar | San Francisco | Proof | 175,132 |
| 2024 | Peace Silver Dollar | San Francisco | Proof | 157,408 |
| 2023 | Morgan Silver Dollar | San Francisco | Proof | 363,814 |
| 2023 | Peace Silver Dollar | San Francisco | Proof | 328,454 |
Note: 2025 uncirculated issues launched in July, while a reverse proof two-coin set is expected later this year from San Francisco.
Design Features of the 2025-S Proof Coins
Morgan Dollar Design
- Obverse: Liberty’s profile wearing a cap adorned with flora and a crown inscribed with “LIBERTY.” Surrounded by 13 stars, “E PLURIBUS UNUM,” and “2025.”
- Reverse: An eagle with outstretched wings clutching arrows and an olive branch, surrounded by a wreath with inscriptions “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and “ONE DOLLAR.”
Peace Dollar Design
- Obverse: Liberty wearing a radiant crown, with “LIBERTY,” “IN GOD WE TRUST,” and “2025.”
- Reverse: An eagle at rest holding an olive branch above the word “PEACE,” along with “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DOLLAR.”
Coin Specifications
| Feature | Detail |
|---|---|
| Denomination | $1 |
| Finish | Proof |
| Composition | 99.9% silver |
| Silver Weight | 0.859 troy oz. |
| Diameter | 1.500 inches (38.10 mm) |
| Edge | Reeded |
| Mint | San Francisco (S) |
| Privy Mark | None |
Ordering Information
Collectors can purchase the 2025-S Proof Morgan and Peace Silver Dollars directly from the U.S. Mint’s silver dollar products page starting at Noon ET.
With their limited mintage and iconic designs, these coins are expected to attract strong interest from both new and seasoned collectors.
The 2025-S Proof Morgan and Peace Silver Dollars perfectly blend historic legacy with modern minting excellence.
With their limited availability, stunning designs, and deep cultural significance, these coins are poised to be standout additions to any collection.
For enthusiasts seeking a timeless piece of American numismatic art, this release offers a rare and rewarding opportunity.
FAQs
How much silver is in the 2025-S Proof Morgan and Peace dollars?
Each coin contains 0.859 troy ounces of 99.9% pure silver.
Where are the 2025-S Proof Morgan and Peace dollars minted?
Both coins are produced at the San Francisco Mint and carry the “S” mintmark.
When can I order these new proof coins?
Sales begin at Noon ET on the launch day from the U.S. Mint’s website.
