Coin enthusiasts should definitely add the Morgan and Peace Dollar 2024 Two-Coin Reverse Proof Set to their collection. These iconic coins are struck at the renowned San Francisco Mint, but as of now, they are not yet available for purchase. The official release date from the U.S. Mint is set for November 21, 2024.
These coins will be available for purchase starting at 12 noon (ET) on the release date. Made from 99.9% silver, each coin weighs 0.859 troy ounces. The coins have a diameter of approximately 1.500 inches and feature a reeded edge. As expected, their denomination is set at 1 dollar.
Historical Significance of Morgan and Peace Dollars
The initiative to reintroduce the Morgan and Peace Dollar series began in 2021, reflecting their historical significance in American coinage. These coins symbolize different pivotal eras in U.S. history.
- The Peace Dollar represents America’s emergence as a global power following World War I, symbolizing hope and renewal.
- The Morgan Dollar, on the other hand, is a tribute to the westward expansion and industrial growth of the late 19th century.
For collectors curious about the value of these coins, consider that a high-grade Morgan Dollar (graded at MS67 by PCGS) was once valued at $55,813. In contrast, the 2024 Reverse Proof Set is priced at just $215, making it an affordable option for those on a budget.
Description of the 2024 Morgan and Peace Dollar Coins
If you are new to numismatics, you’ll find these pieces to be stunning examples of American coin design:
Morgan Dollar Details
The obverse of the 2024 Morgan Dollar features a detailed profile of Liberty adorned with a cap, crown, and floral elements. Notable details include 13 stars and the inscriptions “LIBERTY” and “E PLURIBUS UNUM,” along with the mint year 2024. The reverse showcases a majestic eagle with outspread wings.
Peace Dollar Details
Similarly, the Peace Dollar displays Liberty’s profile on the obverse, crowned with rays. The reverse features an eagle resting, holding an olive branch, symbolizing peace. These coins will be available for purchase on the official U.S. Mint website.
| Coin Type | Mint Location | Release Year | Silver Content | Price |
|---|---|---|---|---|
| Morgan Dollar | San Francisco | 2024 | 99.9% | $215 (set price) |
| Peace Dollar | San Francisco | 2024 | 99.9% | $215 (set price) |
| High-Grade Morgan Dollar | N/A | Original Series | 99.9% | $55,813 (MS67) |
| 2024 Reverse Proof Set | San Francisco | 2024 | 99.9% | $215 |
Differences Between the 2024 and Original Coin Designs
While the 2024 Morgan and Peace Dollars retain the classic designs of their early 20th-century predecessors, there are several subtle yet impactful updates:
Obverse Design Updates
- The Morgan Dollar in 2024 retains the iconic Liberty profile but with enhanced engravings, particularly around the cap and floral elements. The stars and lettering are more refined.
- The Peace Dollar also features Liberty’s portrait, with updates to her eyes, lips, and hair, providing a sharper, more modern look.
Reverse Design Updates
- On the 2024 Morgan Dollar, the eagle’s feathers are more intricately detailed, and the olive branch and wreath showcase a richer texture.
- The Peace Dollar’s eagle has been reimagined for greater lifelike detail, with the rays of the rising sun appearing more pronounced.
When will the 2024 Morgan and Peace Dollar set be available?
The U.S. Mint will release the set on November 21, 2024, at 12 noon (ET).
What is the composition of these coins?
Both coins are made of 99.9% silver with a weight of 0.859 troy ounces.
Where can I buy the 2024 Reverse Proof Set?
You can purchase them directly from the U.S. Mint’s official website upon release.
