Although mintages are usually used as an indicator of rarity, for the Morgan Dollar series, mintage figures can sometimes be misleading. The number of surviving Morgan Dollars for certain issues has been impacted by melting, which can make higher mintage dates more scarce, and the dispersal of hoards, which can make low mintage dates more common.

The key date for the series is the 1893-S Morgan Dollar, which had a mintage of 100,000 coins. This represents the lowest mintage for a circulation strike coin and no significant hoards ever surfaced for this issue. As a result the issue enjoys a significant premium at all grade levels. A secondary key date is the 1889-CC Morgan Dollar, which had a mintage of 350,000. Unlike other low mintage Carson City issues, virtually none of this date was dispersed in the GSA sales.

The highest mintage Morgan Dollars came in 1921, when coins were produced in large quantities at the Philadelphia, Denver, and San Francisco Mints. The highest total occurred at the Philadelphia Mint with 44,690,000 coins produced. Across all three facilities there were 86,730,000 Morgan Silver Dollars produced.

The table below presents the mintage figures for each date and mint mark combination for the Morgan Dollar series. Only circulation strike coins are included. For Morgan Silver Dollar populations, consult the latest NGC Census Data.

IssueMintage
1878 8TF749,500
1878 7TF9,759,300
1878-CC2,212,000
1878-S9,774,000
187914,806,000
1879-CC756,000
1879-O2,887,000
1879-S9,110,000
188012,600,000
1880-CC591,000
1880-O5,305,000
1880-S8,900,000
18819,163,000
1881-CC296,000
1881-O5,708,000
1881-S12,760,000
188211,100,000
1882-CC1,133,000
1882-O6,090,000
1882-S9,250,000
IssueMintage
188312,290,000
1883-CC1,204,000
1883-O8,725,000
1883-S6,250,000
188414,070,000
1884-CC1,136,000
1884-O9,730,000
1884-S3,200,000
188517,787,000
1885-CC238,000
1885-O9,185,000
1885-S1,497,000
188619,963,000
1886-O10,710,000
1886-S750,000
188720,290,000
1887-O11,550,000
1887-S1,771,000
188819,183,000
1888-O12,150,000
1888-S657,000
IssueMintage
188921,726,000
1889-CC350,000
1889-O11,875,000
1889-S700,000
189016,802,000
1890-CC2,309,041
1890-O10,701,000
1890-S8,230,373
18918,693,556
1891-CC1,618,000
1891-O7,954,529
1891-S5,296,000
18921,036,000
1892-CC1,352,000
1892-O2,744,000
1892-S1,200,000
1893378,000
1893-CC677,000
1893-O300,000
1893-S100,000
1894110,000
IssueMintage
1894-O1,723,000
1894-S1,260,000
1895-O450,000
1895-S400,000
18969,976,000
1896-O4,900,000
1896-S5,000,000
18972,822,000
1897-O4,004,000
1897-S5,825,000
18985,884,000
1898-O4,440,000
1898-S4,102,000
1899330,000
1899-O12,290,000
1899-S2,562,000
19008,830,000
1900-O12,590,000
1900-S3,540,000
IssueMintage
19016,962,000
1901-O13,320,000
1901-S2,284,000
19027,994,000
1902-O8,636,000
1902-S1,530,000
19034,652,000
1903-O4,450,000
1903-S1,241,000
19042,788,000
1904-O3,720,000
1904-S2,304,000
192144,690,000
1921-D20,345,000
1921-S21,695,000
2021175,000
2021-CC Privy Mark175,000
2021-D175,000
2021-O Privy Mark175,000
2021-S175,000