The 1901 Morgan dollar from the Philadelphia Mint is, with the exception of the 1895, the rarest of all Philly-minted Morgan dollars. It has a mintage of under 7 million, and many numismatic experts believe that a large number were melted under the Pittman Act of 1918. The vast majority of known specimens are encountered in circulated condition, with a relatively small number in uncirculated grades. Gems are exceedingly rare, as are PLs and DMPLs -- all of these take monumental premiums on the rare occasions they are offered for sale.
| coinage-type | Morgan silver dollar |
| desg | MS |
| designer | George T. Morgan |
| diameter | 38.1 |
| edge | Reeded |
| fineness | 0.9 |
| material | 90% silver; 10% copper |
| mintage | 6,962,000 |
| ngc-id | 256J |
| obverse-description | Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom. |
| pcgs-link | 7272 |
| pcgs-number | 7272 |
| reverse-description | The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR. |
| weight-grams | 26.73 |
| weight-ounces | 0.943 |
| year-display | 1878-1921 |