The coinage law of 1873 made no provision for the standard silver dollar. Resumption of coinage of the silver dollar was authorized by the Act of February 28, 1878, known as the Bland-Allison Act. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar.
His initial M is found at the truncation of the neck, at the last tress. It also appears on the reverse on the left-hand loop of the ribbon. Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. Later, in 1921, coinage of the silver dollar was resumed.
The Morgan design, with some slight refinements, was employed until the new Peace design was adopted later in the year. Source: The Official Red Book, A Guide book of United States Coins by R. The item "1895 O $1 Morgan Silver Dollar US Coin F Fine" is in sale since Tuesday, September 17, 2019. This item is in the category "Coins & Paper Money\Coins\ US\Dollars\Morgan (1878-1921)". The seller is "profilecoins" and is located in Franconia, New Hampshire.This item can be shipped to United States.