Today at noon ET, the United States Mint unveils its 2024-S Morgan and Peace Dollar Reverse Proof Set, anticipated to capture collector interest with its tribute to iconic U.S. coinage and unique reverse proof finish.
Included in the set are a 2024-S Reverse Proof Morgan Silver Dollar and a 2024-S Reverse Proof Peace Dollar, each minted from 0.859 ounces of 99.9% silver at the U.S. Mint’s San Francisco facility.
These coins continue the Mint’s modern series of Morgan and Peace dollars, first introduced in 2021.
"The Morgan and Peace Silver Dollar programs relaunched in 2021 and immediately became popular with collectors," describes the Mint. "Each coin symbolizes an important era in the development of the Nation: The Morgan Dollar represents the country’s westward expansion and industrial development in the late 19th century, while the Peace Dollar reflects a nation taking its place among world powers."
The original Morgan silver dollar, crafted by Mint Chief Engraver George T. Morgan, was minted from 1878 to 1904 and briefly again in 1921. The Peace silver dollar, designed by Italian American sculptor Anthony de Francisci, debuted in 1921 as a successor to the Morgan, with annual issues continuing until 1935, except for a hiatus from 1929 to 1933.
In 1921, five unique uncirculated Morgan dollars were produced to honor their historic predecessors: one with a ‘CC’ privy mark representing the former Carson City Mint, another with an ‘O’ privy mark for the former New Orleans Mint, and a third without a privy mark — all struck at the Philadelphia Mint. Additionally, an ‘S’ mintmark Morgan was minted at the San Francisco Mint, and a ‘D’ mintmark coin was produced at the Denver Mint. That same year, the Philadelphia Mint also struck a single uncirculated Peace dollar without a mintmark.
No Morgan or Peace dollars were issued in 2022, as the Mint cited a shortage of silver blanks. The series returned in 2023 with new issues: uncirculated Morgan and Peace dollars from the Philadelphia Mint, proof versions from the San Francisco Mint, and a two-coin reverse proof set — similar to today’s release, shown in photos below — also from the San Francisco Mint.
Building on the series, the U.S. Mint released 2024-P Uncirculated Morgan and Peace Silver Dollars in July, followed by 2024-S Proof Morgan and Peace Silver Dollars in September. Today’s release of the reverse proof two-coin set wraps up the Mint’s program for the year.
Morgan and Peace Dollar Designs
To update the Morgan and Peace dollars for the modern era, the U.S. Mint incorporated both historical artifacts and advanced technology to enhance the original designs.
On the obverse of the Morgan dollar, Liberty is shown in profile, adorned with a cap, floral details, and a crown inscribed with "LIBERTY." Surrounding her are 13 stars and the inscriptions "E PLURIBUS UNUM" and "2024." The reverse depicts an eagle with outstretched wings holding arrows and an olive branch, framed by a large wreath, with inscriptions reading "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and "ONE DOLLAR."
For the Peace dollar, the obverse features Anthony de Francisci’s Liberty in profile, wearing a radiant crown, with "LIBERTY," "IN GOD WE TRUST," and "2024" inscribed. The reverse presents an eagle at rest with an olive branch above the word "PEACE," accompanied by the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and "ONE DOLLAR."
Morgan and Peace Silver Dollar Specifications
| 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 and Limits
Priced at $215, the 2024-S Morgan and Peace Dollar Reverse Proof Set is available directly through the U.S. Mint’s silver dollar product page.
The set has a maximum mintage of 262,500, with an initial household order limit of five.
Last year’s set, which also launched in November but at a lower price of $185, sold out at the 24-hour mark. Mint figures now show a total of 247,820 sets sold, slightly under its original stated mintage of 250,000.
I reduced my purchase to a single unit due to the price increase. Looking forward to receiving my subscription since this is a very nice set.
Agreed, I have 1 set, and 1 set only, coming my way. This might be the only item I buy from the mint if they continue with their ludicrous premium fees. I think the RP’s are exceptional looking coins, so I’ll pay the price.
Craig and Numismatrix,
Excellent choice and a good decision. It’s a very nice set and less is more.
Accck! New CoinNews story. I guess I have a set in “subscription processing”. It is way to expensive. I still sort of like the mirrored device and frosted field of the RP otherwise I would have dumped it. We’ll see what happens next year.
cancelled all my subscriptions for the silver dollars at the start of the year. Gotten too expensive for my blood. If I an going to get some Morgan dollars I will buy some of the older ones.
Tom and VinnieC,
Pricing complaints followed by subscription cancellations appear to abound here. A big adjustment in people’s purchasing and collecting habits seems to be afoot.
Once they jacked up the prices there is no aftermarket nor legs. Classics yes, these nah..
IMHO
I”m not especially concerned about the secondary market, but it sure looks like the mint has gotten envious of all the ‘added profits’ people on the aftermarkets were making. Their simple solution, take the money first. I am always amused with sellers demanding $1000 dollars or so immediately for any coin they put up for sale. It’s never a couple hundred or few hundred more, no it’s $1k or more. Have we really devalued the dollar that much?
Craig,
I for one am still a believer in the relative soundness of the American currency; in this instance it is more a case of being concerned about American profligacy. We shouldn’t always have to resort to breaking our piggy banks to pay the way.
Kaiser,
‘Relative’ is an interesting way to define it. It’s not just American profligacy…did you see what the ‘taped banana’ sold for?
I did and it was completely absurd. 5.2mil for the banana and another mil for the BP so a total of 6.2mil for something that costs less than $0.50. I seriously don’t understand. Even though the guy that bought it is a gazillionaire I seriously find it hard to see any value whatsoever in this so called “Art”. And @Craig did you hear what he planned to do with it?
The last of my subscriptions i kept…..cancelled everything else….most likely the only set i continue to order while minted
I did the same – I discontinued my business and proof versions subscriptions. The reverse proof is unique to the series and will make a very nice series. It will be interesting to see how long they stream the RP series.
Numismatrix and Domenic Vaisaicca,
My only purchase of this set was the first year it became available. In regard to what remains of my subscriptions at the Mint, I’ve whittled that down to one each of the Proof and the Uncirculated Mint Sets, the Silver Proof having gotten too pricey.
Fewer sold this year than last and probably fewer sold next year than this year’s. Time will tell how long this one continues. 😐
Antonio,
It’s not very difficult to be able to detect a dangerous trend here. Higher Mint prices are resulting in fewer customer purchases leading to a reduction in Mint revenues thereby due to financial necessity resulting in the setting of even higher Mint prices the next time around which signals the beginning of this sequence all over again.
Although lower mintages will result in higher returns when selling the coins. Investing always has its risks. For me, it adds to my retirement fund.
Antonio,
True, there is certainly that fortunate upside. Shows once again how there are always two sides to every coin (pun most definitely intended).
Antonio, Well, that’s “assuming” there will be coin collectors or even if there’s any demand for our coins! I wouldn’t equate lower mintages with higher resale prices! We are headed down the same exact road as Canada, the RCM. They have, for example, minted 1 oz gold coins with only 300 or 500 produced and they have little resale value. We ALL know our hobby is dying, literally, many of us are 60+ years old with large collections. Those collections will be either liquidated or passed down. Many of the collections that will be passed on will be liquidated. This… Read more »
AKBob, You tell it like you feel, brother! I for one am in agreement with your sentiments and would welcome having RocketMan (Elon Musk with Vivek) looking into the affairs of the mint. Something smells foul there lately. And don’t worry about pissing people off, after all Kaiser and I have had a few battles in the past and yet we’re still bro’s. Lol. Btw, that was good advice given to Antonio as most ‘modern era’ coins will only be tied to spot as far as value. If he’s serious about his retirement fund, I’d suggest he studies and learn… Read more »
I’ve never read any criticism of you. I agree with you that coin (and stamp) collecting will/may eventually run its course. Youth today don’t use currency and postage. Coins will be an unknown commodity to them, much less, platinum, gold and silver. It’s only worth in the end may be historical, if that.
And yet you were going to buy 5 FHG as I recall, until you were thwarted when they became unavailable.
Major D, I did purchase three of the FHG. I’m very happy having these as I really like this coin. That doesn’t take away my opinions or the shenanigans of the Mint however. This is/will be my last Min5 purchase unless there’s somethingI have to have. I’m reevaluating my coin collecting hobby at this time. Due to my age and the Mints ridiculous premiums and all the lack of Transparency, frustrations, etc. I may just decide to stop collecting. I’m actually contemplating liquidating ALL of my collection and purchase just gold bullion. I might hang onto my Gold American Liberty… Read more »
AKBob don’t fret and be patient!
If things remain as they are currently regarding FHG, you’ll be a winner like these coins already are imo. They will be as popular, if not more so than the Bronco Lib soon enough…The USM has capped the FHS at 50k, so no 2 coin set imo..Yes they can strike more, but doubtful this late in the game. Same with the FHG, they’ve been capped at 10k. Why hold back 7500 coins? Because they aren’t imo. Am I wrong? Maybe!?.You might soon wish that you had bought that sealed OGP after all…Or did you?
Yes, right you are AK Bob about frustrations and decisions. I’d say it’s not just the Mint with lack of transparency, but rather the whole industry that feeds off of the Mint, like the bulk dealers and TPGs. Altogether, it looks to be a highly manipulated and controlled enterprise that preys on collectors.
Well said.
They had the Cloudflare waiting room up for this mornings sale. I was trying to check my subscription status and got sent to the waiting room. It seem to be working better than during the FHG drop. There was to premature release to the US Mint site and then return to the waiting room.
Checked my order history and my subscriptions have USPS Tracking numbers. Hopefully l get them the 1st of next week.
JWP and VinnieC,
Congrats to both of you on your effortless purchases of this set! Gotta win some!
Kaiser,
My 1 and only set from the mint this year has shipped. I saw Magic Mike had this set, in Advance Release, on HSN for a mere $599.99. Thank God it wasn’t $600.00! I wonder how many regret paying those extra fees for that special label?
@Kaiser mine was effortless because of the subscription. The main effort was trying to check the subscription on drop day.
Darrin Lee Unser, Unless I am sorely mistaken, the date at the beginning of the below reproduced paragraph from your article above should be 2021 rather than 1921. Thank you. “In 1921, five unique uncirculated Morgan dollars were produced to honor their historic predecessors: one with a ‘CC’ privy mark representing the former Carson City Mint, another with an ‘O’ privy mark for the former New Orleans Mint, and a third without a privy mark — all struck at the Philadelphia Mint. Additionally, an ‘S’ mintmark Morgan was minted at the San Francisco Mint, and a ‘D’ mintmark coin was… Read more »
I hope to purchase all the Morgan and Peace dollars to have a complete collection. How long I’ll continue to purchase them remains to be seen. Add to these, the ASEs. It’s getting costly. I hope I have a good return when I decide to stop and sell them, due to advancing age. As I’ve written before, I believe we’re only custodians, passing these coins to the next generation for posterity.
Antonio,
I certainly hope you are able to realize the completion of your plans and I wish you all the best in that endeavor.
BY the way, that’s precisely how all those grand old collections have survived over decades if not even centuries, with one collector passing it on to another of the next generation and so on down the line.
Some coins and collections have wonderful, fascinating stories behind them.
I wonder if the collectors back then whined about the mint as much as we see here.
Christo,
Maybe not. I doubt the Mint abused it’s collector customers as much 50 years ago as they do today.
I thought I was the only one that noticed that.
Just got my “shipped” email
That’s the one that always makes your heart glad and your anticipation rise.
And when you have the box in your hands. A bird in the bag is worth more than two in the bush.
I have the box in my hands. They arrived Saturday, November 23. Beautiful coins. My Morgan looks like the one pictured in this article and my Peace, the same, except not as frosted at the sun rays. Beautiful coins to have. We’ll see what the future brings for these pieces. The gold American buffalo has sold less than 10,000 coins this year. The lowest quality since the series began in 2006.
Also got my “shipped” email from the Mint and a US Mint Satisfaction Survey from Karen. (I can’t get no)
Should have been a 1 & done. Annual sets destroyed unique nature. Not a fan of the RP appearance on these classics….but I wasn’t buying anyway
Just a thought –
Last years RP Porgans selling on the E-Bay slabbed 70 for LESS than original purchase price last year and they’ll be more valuable than this years…..
I was all excited to pick up a 2023 PF-70 set for original purchase price, when I looked I couldn’t find any recent sales less the purchase price. I found lots of PR/PF-69 and OGP that were slightly above or below purchase price. I might have to wait longer.
So what do you all think of John Q’s post in the previous thread? The US Mint changed the product limit on the FHG from 17,500 to 10,000! No wonder so many of you got shut out! Cancel those subscriptions and let them choke on whatever they are peddling, would be my suggestion to all! That is a total load of crap and they are completely “Sharting” on their customers!How could you not be pissed off, for being pissed on?
I for one think that it is fabulous that it’s a 10k limit.
However there’s ample room to sell more FHG in a different “product” packaging scheme, therefore increasing the FHG Mintage to its full potential after all….
230th Anniversary Flowing Hair High Relief Gold Coin
Item Number: 24YG
Mintage Limit: 17,500
Product Limit: 10,000
If there was a new product offering would a 3FHS + 1FHG set make sense? Or an FHG congratulations set and an FHS congratulation set. It is sort of puzzling.
I would how hard this would do: Take the hypothetical remaining FHG (and maybe the FHS) and overstrike it with a “suckers” privy mark. Maybe even do a few misaligned doubled overstrikes. Am i talking crazy or could that really happen.
And Vinnie a few dozen FHG with missing/partial missing edge lettering could work…
.
Besides, since the 3-piece edge collar dies are the last stage in releasing the new coin, many coins seem to get “dusted”, as well as some small chunks of the frosty raised edge lettering appears to be falling onto the DCAM fields!?
So in theory, the less raised edge lettering, the less of a chance of dusting the coin?
A simulated die crack or two would be ok too!
.
Dir. Gibson ‘Let’s get these coins to our new auction page ASAP….and make more damn it!’
Overpriced. Botched website when trying to check subscription status. Gibson not learning from Ryders many mistakes. Time for new Mint leadership. Perhaps an actual coin enthusiast?
Doesn’t matter who’s running the Mint. Meet the new boss, same as the old boss.
I guess it doesn’t matter who’s running the Country as well?
Oh, no one is running our Country at the moment! Or so it appears?
“Meet the new boss, same as the old boss”…I don’t think so.
Rick, I’d say The Who was wrong: We will get fooled again.
David Ryder. April 12, 2018 to Oct 1, 2021. Appointed by Trump. I rest my case.
Maybe he’ll keep Ventris around, she sure is scrambling to boost the Mint’s bottom line via the Numi channels! 12/12/24 is shaping up to be a boon to the Mint to the tune of 16,000,000 in one day…
Ryder was along for the ride like the rest of them for an easy 200k per year! The USM Director should be the first job that Musk deletes. The Asst. USM Director is all they need, maybe JQC should apply!? Well maybe not, John would fire everybody else in that office!
Great old Who song!
I’m available, unfortunately Ventri$ is Ryder 2.o as far as the original base. They could do say a 48 hour to order window for something like the FHG. There should have been ZERO…No sales to APB, INSIDERs, bulksters etc., it is truly repugnant that such shenanigans & hucksterism has become a virus @ the USM…200k I bet she makes more, Muskrat will clean house. ;>}
Couldn’t agree more Rick. There’s a new sheriff coming to town soon!
These silver dollar coins are my favorite. I’ve been collecting Morgans them for over 55 years.
Just got my 3024 RP Set in the mail today.it looks super too
Congratulations!
Nice coins.
I heartily agree. I’m happy with the set I received today. 🙂
Please tell me it shipped in a box!
Shipped in a padded envelope. I was surprised. No box except for the one the coins are normally in (blue U.S. Mint box).
Domenic,
No surprise there. USM clearly cares nothing for Numismatic customers in their Big Picture.
#1 priority = Coins for circulation
#2 priority = Bullion
#43 priority = Numi collectors (if we rate that high)
Unfortunately, it was shipped in the non-steal proof bubble poly baggies.
JWP that does look nice. Those RP sets are the ones to own.
Interesting.
Just got a usps update……SERIOUSLY?…. How screwed up is this…..it had to go to Georgia from Texas to get to where i am in California? Ugh. Lets see what condition my package arrives in……
Well there seems to be a high percentage of cancellations of prepaid accounts at the mint. I canceled my account also because of the HIGH price of the 2024 RP coin set. It took me a couple of days to open the package and make the disgruntled decision to keep the set, but it is the last one I will purchase at those prices.
I received my reverse dollar set. The coins are nice but I have just one comment. Why are the S mint marks so small? I compared them to the regular proof coins and all of the S mint marks seem small. It just seems for a big coin like these the mint marks should be bigger.