What is a Morgan Silver Dollar? The Morgan Silver Dollar is a dollar coin minted by the U.S. from 1878 to 1904 and then again in 1921. The Morgan Silver Dollar is one of the most collected and collectible U.S. coins in history. This Morgan Dollar is in superb Condition and graded ms 63 by NGC, one of the top 2 grading services. The coin has a spectacular natural black patina. A great addition to any collection at a very reasonable price.