Morgan Dollars 1899-1904, 1921

More than 500 million Morgan Dollars were minted until production stopped in 1904, after the statutory 25-year run for a coin design. The silver dollars were never really popular - most were circulated in the sparsely populated West - and huge stockpiles were on hand. In 1918, more than 270 million Morgan Dollars were melted down to provide war-time silver for Great Britain. In 1921 another 86 million Morgan Dollars were coined but production was halted in 1922 for the commemorative Peace Dollar to mark the end of World War I. The design was so popular it became the regular silver dollar and no more Morgan Dollars were ever minted.