Morgan and Peace Dollar 2025

The Morgan and Peace Dollar programs were revived in 2021, bringing historic designs back into modern circulation. Since then, each annual release has attracted strong interest from collectors.

The Morgan Dollar, originally issued from 1878 to 1904 and briefly in 1921, represents westward expansion and the industrial rise of the United States. In contrast, the Peace Dollar, introduced in the aftermath of World War I and issued through 1935, reflects the nation’s emergence as a global power.

While earlier modern issues featured uncirculated and proof finishes, this year’s set introduces a fresh perspective. The reverse proof variant, with its bold contrast between frosted elements and mirror-like fields, enhances the visual impact of these iconic designs.

Together, the Morgan and Peace Dollars continue to bridge the gap between America’s numismatic past and its evolving modern series.