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.
