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Obverse of 1904 Morgan Silver Dollar     Reverse of 1904 Morgan Silver Dollar


1904 SILVER DOLLAR

PCGS Nos: 7290, 7291, 97291, 7339

Mintage:

Circulation strikes: 2,788,000
Proofs: 650

Designer: George T. Morgan

Diameter: 38.1 millimeters

Metal Content:
Silver - 90%
Copper - 10%

Weight: 26.73 grams

Edge: Reeded

Mintmark: None (for Philadelphia, Pennsylvania) below the center of the wreath on the reverse

Images courtesy of Wynn Carner

Notes:
The 1904 Silver Dollar is somewhat scarce in Uncirculated condition, despite a seemingly high mintage.  Prooflike and Deep Mirror Prooflike examples are extremely rare, as indicated by the dearth of listings below.  The finest Uncirculated examples graded by PCGS are 9 MS-66's, 5 MS-64 Prooflikes, and a single MS-65 Deep Mirror Prooflike.

Like the 1903 Proofs, this date is seen most often in PR-63, in which grade this date enjoys one of the highest populations in the series.  The finest Proofs graded by PCGS are only 4 PR-67s.  No Cameo or Deep Cameo Proof 1904 Silver Dollars have been graded by PCGS.

Significant examples:
PCGS MS-66 (illustrated above).  Superior Galleries' "Pre-Long Beach" Sale, June 5-7, 2000, Lot 1860, sold for $3,680.00 "to the book"

PCGS MS-64 Deep Mirror Prooflike.  Ex - Bowers & Merena Galleries "The Rarities Sale", July 31, 2002, Lot 539, illustrated, sold for $16,100.00

Recent appearances:
PCGS Proof-67.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 1841, sold for $8,337.00

PCGS Proof-67.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2205, illustrated, sold for $8,050.00

NGC Proof-66.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 560, illustrated, sold for $6,440.00

NGC Proof-66.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 8499, illustrated, sold for $6,210.00

Proof-65.  Ex - Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 1595, sold for $3,220.00

PCGS Proof 64.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 3762, illustrated, sold for $2,070.00

Proof-64.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 7039, illustrated, sold for $3,565.00

NGC Proof-63.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 8498, not illustrated, sold for $1,035.00

Proof-63.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2206, illustrated, sold for $862.00

Choice Brilliant Proof.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 1214, plated, sold for $1,495.00

MS-65.  Ex - Superior Galleries' "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 405, sold for $747.50

PCGS MS-65.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 6657, illustrated, sold for $3,680.00  From the Gary Wolkwitz Collection

PCGS MS-65.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 399, illustrated, sold for $3,795.00

NGC MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2207, illustrated, sold for $1,955.00

NGC MS-64.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 561, not plated, sold for $345.00

Sources and/or recommended reading:
"The PCGS Population Report, April 2003" by The Professional Coin Grading Service