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1904 Morgan Dollar: The Last Philadelphia Morgan Before a 17-Year Shutdown

Summary by CoinWeek
The 1904 Morgan Dollar Survived a 17-Year Shutdown and America’s Great Silver Melt In January 1904, the Philadelphia Mint struck 2.2 million Morgan Dollars. Then production nearly stopped. February added just 66,000 coins. March, April, and May added none. Finally, Philadelphia struck another 522,000 in June. That brought the year’s total to 2,788,000 coins. Then the presses fell silent. No one at the time could know what that silence would mean…
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CoinWeek broke the news on Monday, August 10, 2026.
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