The United States Mint has unveiled its 2024-S Morgan and Peace Dollar Reverse Proof Set, a highly anticipated release that pays homage to iconic U.S. coinage with a distinctive reverse proof finish.
This set includes two coins: a 2024-S Reverse Proof Morgan Silver Dollar and a 2024-S Reverse Proof Peace Dollar, each minted from 0.859 troy ounces of 99.9% fine silver at the San Francisco Mint.
Historical Context
The original Morgan Silver Dollar, designed by Chief Engraver George T. Morgan, was minted from 1878 to 1904 and briefly in 1921. The Peace Silver Dollar, crafted by sculptor Anthony de Francisci, debuted in 1921 as a successor to the Morgan Dollar, with production continuing until 1935, excluding a hiatus from 1929 to 1933.
In 2021, the U.S. Mint revived these classic designs to commemorate their centennial anniversaries. The series included uncirculated Morgan Silver Dollars with privy marks honoring the former Carson City and New Orleans Mints, as well as issues from the San Francisco and Denver Mints. A single uncirculated Peace Dollar was also released that year.
Due to a shortage of silver blanks, no Morgan or Peace Dollars were issued in 2022. The series resumed in 2023 with new releases, including uncirculated and proof versions from the Philadelphia and San Francisco Mints, respectively, and a two-coin reverse proof set similar to the current 2024 release.
Design Details
The 2024-S Morgan Silver Dollar features Liberty in profile on the obverse, adorned with a cap, floral details, and a crown inscribed with “LIBERTY.” The reverse depicts an eagle with outstretched wings holding arrows and an olive branch, encircled by a wreath, with inscriptions reading “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and “ONE DOLLAR.”
The 2024-S Peace Dollar showcases Liberty in profile on the obverse, wearing a radiant crown, accompanied by the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and “2024.”
The reverse presents an eagle at rest clutching an olive branch above the word “PEACE,” with additional inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DOLLAR.”
Specifications
| Specification | Details |
|---|---|
| Denomination | $1 |
| Finish | Reverse Proof |
| Composition | 99.9% Silver |
| Silver Weight | 0.859 troy oz. |
| Diameter | 1.500 inches (38.10 mm) |
| Edge | Reeded |
| Mint and Mint Mark | San Francisco – S |
| Privy Mark | None |
Ordering Information
The 2024-S Morgan and Peace Silver Dollar Reverse Proof Set is priced at $215 and is available directly through the U.S. Mint’s official website. The set has a maximum mintage of 262,500 units, with an initial household order limit of five sets.
Collectors are advised to act promptly, as previous releases have sold out quickly. For instance, the 2023 reverse proof set, launched in November at a price of $185, sold out within 24 hours, with final sales figures reaching 247,820 sets, just below the initial mintage of 250,000.
The 2024-S Morgan and Peace Dollar Reverse Proof Set offers collectors a unique opportunity to own modern renditions of two of America’s most cherished coin designs, enhanced by a striking reverse proof finish. Given the limited mintage and historical significance, this set is poised to be a valuable addition to any numismatic collection.
What is a reverse proof finish?
A reverse proof finish features a mirrored design element against a frosted background, the opposite of a standard proof finish.
What is the significance of the ‘S’ mint mark?
The ‘S’ mint mark indicates that the coin was minted at the San Francisco Mint.
Why were no Morgan or Peace Dollars issued in 2022?
The U.S. Mint did not issue these coins in 2022 due to a shortage of silver blanks.
