Two of America’s most celebrated silver dollar designs return on August 25 with a distinctly 2026 twist.
The 2026 Morgan and Peace Silver Dollars Enhanced Uncirculated Coins will go on sale Tuesday, August 25, at noon EDT. The United States Mint will price each coin at $169. Moreover, each issue carries a maximum mintage and product limit of 250,000 coins.
However, these will not look like standard annual Morgan and Peace Dollar releases.
To celebrate the 250th anniversary of American independence, both coins carry the dual date “1776 ~ 2026.” They also feature a special Liberty Bell privy mark containing the numeral “250.” The Mint plans these changes for 2026 only.
That combination gives collectors something the classic Morgan and Peace Dollars never had: two historic designs tied directly to the United States Semiquincentennial.
A 26-Hour Buying Window With a Household Limit
The Mint will limit orders to 10 Morgan Dollars and 10 Peace Dollars per household when sales begin.
That restriction will remain in effect until 2 p.m. ET on Wednesday, August 26, giving buyers a 26-hour restricted-order period. After that point, the Mint may adjust or remove the limits.
Both coins will come from the West Point Mint, although neither coin will carry a “W” mintmark. Each contains 0.859 troy ounce of 99.9% fine silver and measures 38.10 mm in diameter. Both have reeded edges.
The Mint will package each encapsulated coin in a presentation case and include a certificate of authenticity.
2026 Morgan Dollar Links the Wild West to America at 250
Few American coins carry the instant recognition of the Morgan Dollar.
Mint Chief Engraver George T. Morgan created the design. The United States Mint struck the original Morgan Dollar from 1878 through 1904 and then revived it for one final year in 1921. The design became closely associated with the nation’s westward expansion and industrial growth during the late 19th century.
The 2026 Enhanced Uncirculated edition keeps Morgan’s famous portrait of Liberty.
Liberty faces left and wears a cap, floral elements, and a crown bearing the word LIBERTY. Thirteen stars and E PLURIBUS UNUM surround the portrait. However, the traditional single-year date gives way to 1776 ~ 2026.
Morgan’s reverse remains equally familiar. An eagle spreads its wings while holding arrows and an olive branch. A wreath surrounds the eagle. The inscriptions read UNITED STATES OF AMERICA, IN GOD WE TRUST, and ONE DOLLAR.
The Liberty Bell “250” privy creates the key visual link between Morgan’s 19th-century design and America’s 2026 anniversary.
The Peace Dollar Brings a Different American Story
The Peace Dollar arrived at a dramatically different moment in American history.
After World War I, the Pittman Act required the Mint to replace millions of silver dollars that the government had melted. Morgan Dollar production therefore returned in 1921. Later that year, Treasury Secretary Andrew Mellon approved a new design that commemorated peace between the United States and Germany.
Italian American sculptor Anthony de Francisci created the Peace Dollar.
The Mint first struck his design in 1921. Production continued through 1928 and then returned in 1934 and 1935. The coin celebrated peace after World War I while also reflecting America’s growing position as an international power.
For 2026, de Francisci’s Liberty still dominates the obverse. A radiant crown rises from her hair. The inscriptions read LIBERTY, IN GOD WE TRVST, and 1776 ~ 2026.
Importantly, TRVST is not a typo. The original Peace Dollar uses the Roman-style letter “V” in place of “U.”
The reverse shows a resting eagle holding an olive branch above the word PEACE. Additional inscriptions read UNITED STATES OF AMERICA, E PLURIBUS UNUM, and ONE DOLLAR.
Two Classic Dollars, One Very Modern Anniversary
The Mint brought the Morgan and Peace Dollars back as modern collector coins in 2021, marking 100 years since the Morgan Dollar’s final original-year production and the Peace Dollar’s debut.
Five years later, the 2026 editions push the revived series in another direction.
The Enhanced Uncirculated finish, dual date, Liberty Bell privy, West Point production, and one-year Semiquincentennial theme separate these coins from earlier modern Morgan and Peace Dollar releases.
For Morgan and Peace Dollar collectors, that creates an obvious attraction. These coins connect designs born nearly half a century apart with an anniversary that comes only once.
2026 Morgan and Peace Silver Dollar Specifications
- Denomination: $1
- Composition: 99.9% silver
- Silver Weight: 0.859 troy ounce
- Diameter: 38.10 mm (1.500 inches)
- Edge: Reeded
- Finish: Enhanced Uncirculated
- Mint: West Point
- Mintmark: None
- Privy Mark: Liberty Bell with “250”
- Mintage Limit: 250,000 of each design
- Product Limit: 250,000 of each design
- Issue Price: $169 each
- Household Order Limit: 10 of each coin during the initial 26-hour period
- Release: August 25, 2026, at noon EDT
Customers can register for the Mint’s “Remind Me” notifications before the release.
Congress created the United States Mint in 1792. The Mint became part of the Department of the Treasury in 1873. Today, it produces the nation’s legal-tender circulating coinage as well as proof, uncirculated, and commemorative coins; Congressional Gold Medals; silver and bronze medals; and precious-metal bullion coins. The Mint funds its numismatic programs through product sales rather than taxpayer appropriations.
A nice addition to the 250 anniversary coins.
Why would you charge $169.00 + tax?
What made you think to stop at that price?
Why not 5 hundred dollars or 1thousand?
You feel comfortable at a 2000% markup and you’re good like the rest of the price gougers in the country.
It’s nothing different about it..it’s the as the original coin
Most sought after silver dollars in Morgan and they made it even better.
The U.S. Mint isn’t doing our hobby any favors by selling these over-priced coins that most people will lose money on if they ever sell. The premiums on these coins should be much lower than what’s currently being charged.
Cancelled my subscription to these as I wasn’t impressed with the enhanced uncirculated ASE for the price. The only redeeming factor would have been the “W” mint mark. That “W” would have made this a must have. Looking forward to the two coin set with the diamond fields.
These are very nice!!! Cant wait to receive mine!!!
These will sparkle in the 1776 2026 silver set
Very nice
The issue price is high to me or maybe I’m just cheap.
It’s a shame that they raised prices when silver peaked but when silver dipped back down there was no corresponding drop in price. This makes me angry because it’s such an obvious gouge.
Very nice!
The Morgan Dollar has always been a favorite of mine. Love this anniversary edition!
Both are beautiful!!
Love the Morgan and the Peace dollars!!!
Stunning makeover
Very nice coin, but I too wonder if they are worth the price.
Stopped buying mint issued coins a long time ago because of over pricing
Those are very nice coins but a little out of my price range
The big price is too help cover our 40 Trillion debt? They could sell
Them at troy ounce prices but wouldn’t make any profits .
That’s exactly what they wanted so collectors who can’t afford
The prices and won’t have access, only making affordable priced
Coins wouldn’t get them benefits of hand over production prices?
High Collector’s will pay the premium price just, to own one or
Five at a time, but those who can only afford maybe one will
Save to buy?
Beautiful coins but so expensive with the premiums the mint charges.
With the Silver Value at about $ 60, that’s over $ 100 for an ” Anniversary ” coin. Not worth it to me.
I need to get one.
Glad to see these came out for our 250th anniversary. Hope I can add them to my collection.
I love this coin, it is a collectors dream for sure.
great coins, too bad the price is soooo high.
Too much of a premium.
The fact that they have sent the prices through the roof does not help anyone that has a non inflated income obtain these coins… maybey we shoul have gone into government so we could screw the american people out of there hard earned income with all of the taxes, fees and slush fund robbery so we as regular Americans could afford these new coins that will take 2 generations or more to realize the entry fee.
Good remake.
Love the 250 coins!!
Love the design of both of these….
Nice addition to the 2026 and the 250th Anniversary coins.
Would be nice to win,!
Why the high prices? Because they can! I bit the bullet and bought (2) uncirculated sets for my sons as a keepsake. I see the on-line sites are charging over double for these. Is anyone buying at these prices?
Nice coins. I’m going to get a pair and save them for my kids.
Another overpriced manufactured “collectible” coin. Of course I would love to have one, but I don’t plan to buy one.
Beautiful coins. I was excited for the 100 year anniversary coins. But now there is no goal in collecting them. Just another overpriced piece.
But still love them
Very nice
Always liked the Morgan design.
Cool coins!
I don’t collect everything the Mint produces, and not just because my budget won’t allow it. I collect what I enjoy holding and looking at. Isn’t that why we all start our fascination with coins?
It is beautiful!
Such beautiful coins! Certainly a lovely addition to anyone’s collection!
These are nice coins…
Beautifully minted but gotta agree with other folks it;s way over priced!
I’m not sure I like bringing back old designs though, feels like it cheapens them a bit.
Such good looking coins.
Beautiful coins. Too expensive for my budget though.
If I were asked to choose between the two I don’t know which I would choose. Both are classics.
nice looking coin
I wish I could add these to my collection
I think the mint decided to cut out the middle man and make the profit on the cost mark up themselves
Beauty!!
It’s nice having the duel date and privy mark but I have to agree with others, way too high a price for the price of silver.
The issue price is high and we should complain. But we need also keep in mind that the mint is part of the government monopoly. They can charge whatever they want. Actually, the entire mint catalogue is way overpriced now, not just the dollar coins. Monopolies can charge whatever the traffic will bear and ignore the complaints.
Nevertheless, I think these enhanced uncirculated coins are really nice, even more attractive than the reverse proof dollars.
not unlike the food prices and goods as well, no prices go back down, and items made smaller never grow back ( like chips or cereal)…welcome to the new reality sadly
It would have been nice/better if the mint had made all the Morgan and Peace dollar reissues a full ounce of .999 silver considering the outrageously high premiums they have been charging.
I would love to have one but the price seems kind of steep to me.
It should be CLAD and put into circulation.
These are beautiful, but at that price, I’ll never be able to get one.
A nice addition to the 250 anniversary coins and I would to have one or 8!!!!
They want to charge too much $$. Not only that, leaving off the “W” mint mark is illogical: why?
Nice coins, but too expensive for me.
This is so COOL!
This is GREAT!
Great looking coins, love the privy!
Wish I could purchase but the price of these coins are just getting too expensive!!!
Another nice coin !
silver coins are the best
Absolutely Beautiful!
Beautiful coins. Great read
great coin to celebrate our 250th
pricey but still a beautiful coin
Morgans have always been my favorite coins. Back when they made coins with class.
Too rich for my blood. I was never a fan of Morgan/Peace dollars to begin with, and this doesn’t make me any more likely to want one.
I’m really interested in what these will look like in person. Can’t wait to get them. Wonder why they didn’t put the W mint mark on them?
looking forward to ir
Wonderful historical articles. And another chance into this week’s sweepstakes.
Very expensive!
Very nice coin
I will be snapping one of these beauties!
Lovely coins!
Beautiful Coins
pretty but out of my budget at this time.