On March 14, 2022, then United States Mint Deputy Director, who later became Director, Ventris C. Gibson announced that the Mint would not be issuing any Morgan Dollars or Peace Dollars in 2022 as originally planned and would suspend the program until 2023 due to issues with the supply chain for silver planchets.
“We’ll be required to make business decisions like this until the supply chain for silver blanks recovers from the disruptions caused by COVID-19,” Gibson said in a press release. “I want to be sure that our customers know,” she said, “that the modern renditions of the historic Morgan and Peace Silver Dollars will continue next year. Our goal is straightforward: to give our loyal customers the products they want and the service they deserve.”
Until this news was announced, the Mint was planning to issue proof versions of the Morgan and the Peace dollars in 2022 and hopefully allow collectors to purchase them with enrollments, which would enable collectors to get them without having to fight with other buyers on the release date, which happened in 2021.
There is no shortage of the silver itself. Still, because of the unusually high demand for silver since the COVID-19 pandemic began in March 2020, there is greater competition than usual from other world and private mints for a limited number of silver planchets.
2023 Silver Dollars
Then on June 29, 2022, a notice was published in the Federal Register with prices for several versions of the 2023 Morgan Dollar (Buy on eBay) and the 2023 Peace Dollars. This included uncirculated versions of each design for $67; proof versions of each design for $73; a two-coin reverse proof set with one of each dollar type priced at $175. Those prices may change by the time the coins are released.
In mid-July 2022, the Mint surprised collectors by opening enrollments for each 2023 Morgan and Peace Dollar variation and added mintage limits and household order limits. These variations included the 2023-P Morgan and Peace Dollars with an uncirculated finish and a mintage limit of 275,000 each plus an order limit of 3; the 2023-S Morgan and Peace Dollars struck in a proof finish with a mintage limit of 400,000 and order limit of 3; and the Two-coin Reverse Proof 2023-S Morgan and Peace Dollar Set with a mintage limit of 250,000 and an order limit of 3.
2023-P Uncirculated Morgan Silver Dollar
- Maximum Mintage: 275,000
- Mint Mark: none
- Composition: .999 fine silver
- Weight: 26.73 grams
- Diameter: 38.1 millimeters
2023-S Proof Morgan Silver Dollar
- Maximum Mintage: 400,000
- Mint Mark: “S” (San Francisco)
- Composition: .999 fine silver
- Weight: 26.73 grams
- Diameter: 38.1 millimeters
2023 Reverse Proof Morgan Silver Dollar
- Maximum Mintage: 250,000 (only available as part of two-coin set)
- Mint Mark: “S” (San Francisco)
- Composition: .999 fine silver
- Weight: 26.73 grams
- Diameter: 38.1 millimeters
