1902 Morgan Dollar

About This Coin

The 1902 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — a late issue, 25th of 28 years in the series. In 1902, coins were struck at the Philadelphia, New Orleans, and San Francisco Mints with a combined mintage of 18.2 million. This ranks 9th of 28 years by total mintage, below the series median of 28.3 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. Produced during the Progressive Era, when President Theodore Roosevelt championed a renaissance in American coin design that produced some of the most beautiful coins ever struck. Weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 188 known die varieties for this date across 2 categories, including doubled die reverse, vam variety. Produced 7 years after the celebrated 1895 key date. Across its variants, estimated values range from $87 to $4.7K depending on mint mark, grade, and strike type. A notable auction result reached $100K in MS67+ grade at Legend Rare Coin Auctions. Designed by George T. Morgan.