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Coin collectors and history lovers in the United States have exciting news in 2025. The U.S. Mint has officially released the 2025-S Proof Morgan and Peace Silver Dollars.
These coins combine classic American designs from over a century ago with modern minting technology. Made of 99.9% fine silver, both coins have limited mintages, making them highly desirable for collectors.
Key Highlights Of The 2025-S Proof Morgan & Peace Dollars
- Mint location: San Francisco (mint mark “S”)
- Composition: 99.9% fine silver
- Price per coin: $95
- Mintage limit: 180,000 Morgan Dollars and 170,000 Peace Dollars
- Ordering: Open from Noon ET on release day
- Household order limit: 10 per product
A Look Back At The Morgan Dollar
The Morgan Silver Dollar was first issued in 1878 and continued until 1904, with one more issue in 1921. It was designed by George T. Morgan, the Chief Engraver of the U.S. Mint.
The coin quickly became a symbol of America’s economic growth in the late 19th and early 20th centuries.
History Of The Peace Dollar
The Peace Silver Dollar was introduced in 1921, shortly after World War I, as a tribute to peace and hope for a new era. Designed by Anthony de Francisci, the coin remained in production until 1928, and again in 1934–1935.
Its design of Liberty wearing a radiant crown and the word “PEACE” on the reverse made it an iconic American coin.
Why These Coins Returned
In 2020, Congress passed the 1921 Silver Dollar Coin Anniversary Act (Public Law 116-286) to celebrate the centennial of both coins. Since 2021, the Mint has released multiple versions of the Morgan and Peace dollars, including special privy-marked editions and proof sets.
A shortage of silver blanks in 2022 delayed production, but the series resumed in 2023 and has continued annually.
Sales And Mintages From 2023 To 2025
Here’s a quick look at recent coin issues and their sales through September 7, 2025:
| Year & Coin Type | Sales Figures |
|---|---|
| 2025-P Morgan (Uncirculated) | 98,853 |
| 2025-P Peace (Uncirculated) | 94,821 |
| 2024-S Morgan Proof | 175,132 |
| 2024-S Peace Proof | 157,408 |
| 2023-S Morgan Proof | 363,814 |
| 2023-S Peace Proof | 328,454 |
These numbers show strong collector demand, with 2023 proof versions especially popular.
Design Details Of The 2025 Coins
Morgan Dollar Design
- Obverse (front): Liberty wearing a cap decorated with leaves and a crown showing the word “LIBERTY”. The design also features 13 stars, “E PLURIBUS UNUM,” and the year 2025.
- Reverse (back): An eagle with open wings, holding arrows and an olive branch. Surrounded by a wreath with inscriptions: “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and “ONE DOLLAR.”
Peace Dollar Design
- Obverse (front): Liberty wearing a radiant crown, with inscriptions “LIBERTY,” “IN GOD WE TRUST,” and “2025.”
- Reverse (back): An eagle at rest holding an olive branch, above the word “PEACE.” Other inscriptions include “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DOLLAR.”
Coin Specifications
| Specification | Details |
|---|---|
| Denomination | $1 |
| Finish | Proof |
| Composition | 99.9% silver |
| Silver Weight | 0.859 troy oz. |
| Diameter | 1.5 inches (38.10 mm) |
| Edge | Reeded |
| Mint | San Francisco |
| Privy Mark | None |
Ordering Information
The 2025-S Proof Morgan and Peace Silver Dollars are available directly from the U.S. Mint’s official website under the silver dollar products page.
Each coin comes in a protective capsule inside a black presentation box with a certificate of authenticity, making them perfect for both collectors and gift-giving.
The launch of the 2025-S Proof Morgan and Peace Silver Dollars is more than just another coin release—it is a celebration of history, artistry, and craftsmanship. With limited mintages, affordable pricing, and timeless designs, these coins are expected to sell quickly.
For collectors, they represent not only a chance to own a piece of America’s past but also a valuable addition to future investments.
FAQs
They are priced at $95 each, directly from the U.S. Mint.
The Mint will release 180,000 Morgan Dollars and 170,000 Peace Dollars in proof quality.
They are available for purchase at the U.S. Mint’s official website in the silver dollar section.