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The Morgan dollar was a United States dollar coin minted from 1878 to 1904, and again in 1921. It was the first standard Silver Dollar minted since production of the previous design, the Seated Liberty Dollar, ceased due to the passage of the Coinage Act of 1878 required the U.S. Treasury to purchase a specified amount of silver to be circulated as silver dollars. After passage of the Pittman Act in 1918, the Morgan dollar was reintroduced in 1921. The act mandated earlier Morgans — almost 270 million coins — be melted and re-struck. in to the new coin.
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