The Morgan Dollar, designed by George T. Morgan and minted from 1878 to 1921, remains one of the most iconic and beloved coins in U.S. numismatic history. However, few collectors are aware of the intriguing chapter of its attempted revival in 1964. The production of 1964 Morgan Dollars was short-lived, shrouded in mystery, and remains one of the most compelling stories in American coinage. A closer look at the 1964 Morgan Dollar hubs provides insight into the artistry, technical design, and controversy surrounding this ill-fated coin.
Historical Context
In the early 1960s, the United States faced a shortage of circulating silver dollars, primarily driven by the booming casino industry in Nevada. To address this, the U.S. Mint authorized the production of new silver dollars in 1964. While most numismatists associate this authorization with the 1964 Peace Dollar, archival evidence suggests that Morgan Dollar hubs were also prepared, possibly as an alternative or backup design.
Though no 1964 Morgan Dollars were officially struck for circulation, the creation of the design hubs serves as a fascinating study of Morgan’s artistry and its adaptation to modern minting techniques.
Design Characteristics of the 1964 Morgan Dollar Hubs
The 1964 Morgan Dollar hubs closely adhered to George T. Morgan’s original design from the late 19th century. The obverse featured Lady Liberty personified, her profile framed by a Phrygian cap and a crown of cotton and wheat—symbols of unity and prosperity. The reverse displayed an American eagle, wings outstretched, clutching an olive branch and arrows, encircled by the inscriptions “UNITED STATES OF AMERICA” and “IN GOD WE TRUST.”
However, subtle modifications were introduced to the 1964 hubs to address technological advancements and aesthetic refinements:
- Enhanced Detail Precision
The 1964 hubs incorporated sharper reliefs and finer detailing compared to earlier Morgan Dollars. Advances in hub-making technology allowed for crisper lines in Liberty’s hair and the eagle’s feathers, lending the coin a more modern appearance while preserving its classic appeal. - Font Adjustments
The inscriptions on the 1964 hubs featured slight modifications to the font style and spacing. These changes were likely implemented to improve legibility and enhance visual balance, particularly under the updated minting standards of the 1960s. - Reverse Alignment
Numismatic experts speculate that adjustments to the reverse design alignment were considered to optimize die striking and ensure consistent quality during production.
Mystery and Legacy
Despite the preparation of the 1964 Morgan Dollar hubs, no official production took place. Reports suggest that test strikes may have been made, but if any examples exist, they remain concealed or destroyed. The focus ultimately shifted to the Peace Dollar design, and the Morgan Dollar revival was shelved.
The legacy of the 1964 Morgan Dollar hubs continues to captivate collectors and historians. They represent a bridge between the numismatic artistry of the past and the technological advancements of the mid-20th century.
Conclusion
The 1964 Morgan Dollar hubs offer a unique glimpse into the U.S. Mint’s attempts to blend tradition with modernization. While the coin itself never came to fruition, the design analysis underscores the enduring appeal of George T. Morgan’s vision. For collectors, these hubs remain a testament to what might have been—a revival of one of America’s most iconic coin designs.
FAQs
1. Were any 1964 Morgan Dollars ever officially struck for circulation?
No, the 1964 Morgan Dollars were never officially struck for circulation. Although hubs were prepared and test strikes may have been made, no coins were released, and any existing examples remain unconfirmed or destroyed.
2. How does the design of the 1964 Morgan Dollar differ from earlier Morgan Dollars?
The 1964 Morgan Dollar hubs featured subtle refinements, such as sharper reliefs, improved detail precision, and font adjustments to align with modern minting technology, while retaining George T. Morgan’s classic design elements.
3. Why is the 1964 Morgan Dollar significant to collectors?
Though never minted for circulation, its design connects the artistry of the 19th century with the technological advancements of the 1960s, making it a fascinating topic for collectors and historians.