Limited to 160,000 Sets, the San Francisco-Minted Pair Marks Latest Chapter in Popular Modern Series
Collectors can purchase the 2025 Morgan and Peace Dollar Reverse Proof Two-Coin Set starting at noon EST on December 11. The United States Mint has confirmed a total mintage of 160,000 sets, with each set priced at $215.
Each coin in the set is struck in .999 fine silver at the San Francisco Mint. This release includes one Morgan Dollar and one Peace Dollar, both presented in reverse proof finish. Notably, this finish has grown in popularity among modern collectors due to its frosted devices and mirror-like fields.
In addition, both coins are individually encapsulated and packaged together in a blue presentation box. The set also includes a Certificate of Authenticity, adding to its appeal for serious collectors.
To manage demand, the Mint has set a household order limit of 5 sets for the first 24 hours.
A Continuing Modern Tradition
The Morgan and Peace Dollar programs were revived in 2021, bringing historic designs back into modern circulation. Since then, each annual release has attracted strong interest from collectors.
The Morgan Dollar, originally issued from 1878 to 1904 and briefly in 1921, represents westward expansion and the industrial rise of the United States. In contrast, the Peace Dollar, introduced in the aftermath of World War I and issued through 1935, reflects the nation’s emergence as a global power.
While earlier modern issues featured uncirculated and proof finishes, this year’s set introduces a fresh perspective. The reverse proof variant, with its bold contrast between frosted elements and mirror-like fields, enhances the visual impact of these iconic designs.
Together, the Morgan and Peace Dollars continue to bridge the gap between America’s numismatic past and its evolving modern series.
Highlights
- Limited mintage of 160,000 sets
- Both coins struck in reverse proof finish
- Minted at the San Francisco Mint with “S” mint marks
- Housed in a blue presentation case with COA
- Household order limit of 5 (first 24 hours)
Design Details
Morgan Dollar (2025 Reverse Proof)
Obverse: Liberty facing left, wearing a Phrygian cap with “LIBERTY” inscribed, surrounded by “E PLURIBUS UNUM,” 13 stars, and the date.
Reverse: Bald eagle with outstretched wings holding arrows and olive branch, encircled by inscriptions “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and “ONE DOLLAR.”
Mint Mark: S (San Francisco)
Peace Dollar (2025 Reverse Proof)
Obverse: Liberty in profile with radiant crown. Inscriptions include “LIBERTY,” “IN GOD WE TRUST,” and the date.
Reverse: Perched eagle clutching an olive branch above the word “PEACE,” with inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DOLLAR.”
Mint Mark: S (San Francisco)
Specifications
Attribute Value: Denomination $1
Finish Reverse: Proof
Composition: 99.9% Silver
Silver Weight: 0.859 troy oz (per coin)
Diameter: 1.500 in. (38.10 mm)
Edge: Reeded
Mint: San Francisco (“S” mint mark)
Privy: Mark None
Collectors seeking to continue their modern Morgan and Peace Dollar sets, or looking to add a standout reverse proof pairing, are advised to act promptly. If past releases are any indication, early demand may outpace supply.
Stay tuned to CoinWeek for further coverage and post-release analysis.
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Morgan dollars best coins ever made. thank you for this offer and article.
Love Morgan dollars
Nice set to own
I really like the RP coins, but this should have been a one year type.
Morgan’s are my favorite coins
I love the reverse morgan and peace dollar series
This is a nice Christmas gift to myself
I own some pretty nice morgans, just common ones, but I gotta get some of the newer ones.
Nice coins
nice set … would look good in my collection of morgans
Great coin set!
These are going to be gorgeous!
Thank You for the information.
I have to say I learned something new.
All good coinage!
Great for gift giving.
Love the Morgan’s
Thanks for sharing this information. I am tempted to buy one if any are available.
I want this!
I wonder how many years the mint will keep doing this, I guess until collectors stop buying them. I am getting these two coins
I’m not knowledgeable, but I can certainly appreciate these beautiful coins!
Morgan dollars, my favorite coin
I love these coins especially the peace dollor!!!
Love the idea of a Morgan and Peace dollar set.
I suppose it’s the modern aesthetic that draws me more towards the Peace Dollar.
I can just imagine a collector who, after spend years of putting together a complete set of Morgans or Peace dollars, thinks they can rest now. Them BAM! 2021 the Mint starts making them again for at least 5 more years! So much for having completed that set.
I assume we order at the US mint website? I do not know why they do not sell the one ounce walking liberty there as well.
I have always loved silver dollars
These are beautiful sets. A little expensive, but they still are great additions to your collection!
Morgans are the classic beauty!
Nice!
Have heard these new ones are depreciating the value of the old ones!
The Chinese fakes will be harder to detect with proof coins like these.
These would be a great addition to my collection.
Love the Morgan and Peach dollars. Just wish they were a full 1oz
Coins struck in reverse proof finish are beautiful
Great coin set!
Just another overpriced item that I can acquire down the road for much less even a graded 70 specimen.
I love the Morgan and Peace Dollar designs. Thanks for the article!!
Another instant loser – will these ever end?
Beautiful!
They’re always a beautiful coin.
.999 fine silver
Good set for people kind of new to the hobby or to those collectors who love Morgans. For me I just need the one and it’s enough.
beautiful
Love the sets!!!
The Morgan and Pesce dollars look really cool in the reverse proof finish!