The Modern Morgan Silver Dollars: Positioned Already as a Great Classic Series as San Francisco Mint Production Ends For 2026

The Morgan Silver Dollar stands as one of America’s most iconic coin designs, originally struck from 1878 to 1904 and again in 1921. Its revival in modern times has created a new chapter for collectors and enthusiasts. With the U.S. Mint shifting production away from the San Francisco Mint, the early years of this revived series—particularly the 2021 anniversary issues and the 2025 releases—are already emerging as key dates that serious collectors will seek to acquire.

The 2025 Morgan Dollar Proof Coin (San Francisco)

The 2021 Revival: Launching the Modern Series with Centennial Significance

In 2021, the U.S. Mint reintroduced both the Morgan and Peace Silver Dollars to mark the 100th anniversary of the final original Morgan Dollar and the first Peace Dollar. These .999 fine silver coins (distinct from the original 0.900 silver composition) featured uncirculated finishes and were struck at multiple facilities: Philadelphia (no mint mark, plus privy-marked versions honoring the historic Carson City “CC” and New Orleans “O” mints), Denver (“D”), and San Francisco (“S”).

Mintage limits were set around 175,000 per Morgan variety. They sold out rapidly, demonstrating immediate collector enthusiasm. The 2021 issues established the template for the modern program: varied limited production, multiple mint marks and privy marks in the debut year, and strong secondary-market interest.¹

No regular production occurred in 2022 due to a shortage of silver blanks, which some coin collectors grumbled over. However, the series resumed in 2023 as an annual program, offering an uncirculated version from Philadelphia and proof/reverse proof versions from San Francisco. This created consistent annual collecting opportunities with variety across finishes and facilities.

The San Francisco Mint is Ending Production of Morgan Silver Dollar Proof Coins : Why the Mint Move Matters

A pivotal development for the modern Morgan Silver Dollar series is the end of production at the San Francisco Mint. Multiple reports and Mint product information confirm that 2026 Morgan and Peace Dollars will be struck at Philadelphia (with “P” marks on some) and West Point (with “W” marks on enhanced uncirculated and other versions). The 2025-S proof issues represent the final San Francisco-minted coins with the traditional “S” mint mark in this program. This shift mirrors dynamics in the original Morgan series, where coins from specific mints (especially Carson City and certain San Francisco issues) became key dates due to lower survival rates or distinctive appeal. For the modern series, the S-mint marked coins—2021-S, the 2023–2025 San Francisco proofs, and any intervening years—now stand as a defined “era” with a clear endpoint. Collectors building complete sets or focusing on mint-mark varieties will view these as essential. Those interested in key years would find the final 2025 variants appealing due to Donald Trump's inauguration and the ending of the production of Morgan Silver Dollars in San Francisco.

The combination of finite mintages, changing production locations, and the closure of the San Francisco chapter creates natural key years analogous to the classic series. Early issues (especially 2021 varieties) and terminal San Francisco issues gain added significance and exposure.

The 2025 Morgan Silver Dollars: Essential Coins for Collectors and Enthusiasts

For collectors and numismatists, the 2025 releases exemplify why these years matter. The U.S. Mint offered:

• Uncirculated 2025 Morgan Dollar — Struck at Philadelphia.
• Proof 2025-S Morgan Dollar — Struck at San Francisco with a mintage limit of 180,000. Strong initial sales (over 130,000 standalone units moved quickly after the September 2025 launch) confirmed ongoing demand.²
• Reverse Proof two-coin set pairing Morgan and Peace Dollars.

These Morgan Dollars serve multiple roles: they complete the US Mint's 2025 annual set, capture the final San Francisco-minted examples with the “S” mark, and provide options across finishes (uncirculated, proof, reverse proof). For collectors assembling year sets or focusing on the San Francisco era, the 2025 issues are foundational rather than optional.

The modern series is still young. Its long-term classic status will depend on sustained collector engagement, condition-sensitive premiums, and broader market conditions. Original Morgans benefited from over a century of history; the modern versions are building theirs now. As it's complications continue, for collectors, this complexity adds value; it doesn't decrease it.

Ultimately, the modern Morgan Silver Dollar program has moved from commemorative revival to an established annual series. The closure of San Francisco Mint production for these coins marks a natural turning point in the modern series that has rocked the numismatic world. The 2021 anniversary issues and the 2023–2025 San Francisco products—capped by the 2025 releases—stand out as the key years that collectors will want in their hands. With limited mintages, multiple finishes, and a clear production endpoint at one of America’s historic mints, these coins are well-positioned to form the cornerstone of what could become a classic modern series.

Notes:

1. APMEX, “Morgan Dollar Mintages 1878-2021,” June 27, 2023, https://learn.apmex.com/learning-guide/coin-collecting/morgan-dollar-mintages-1878-2021/.
2. United States Mint, “Morgan Dollar Mintages 1878-2021,” 2025, https://www.usmint.gov/morgan-silver-dollar-2025-proof-coin-25XF.html.

Who is Buddy Dyer? | The Mayor of Orlando 2026

John Hugh “Buddy” Dyer was born on August 7, 1958, in Orlando, Florida, and raised in nearby Kissimmee. He graduated from Osceola High School. He earned a Bachelor of Arts in civil engineering from Brown University and a Juris Doctor from the University of Florida College of Law, where he served as Editor-in-Chief of the University of Florida Law Review and was a member of the Florida Blue Key honor society.

Before entering politics, Dyer worked as an environmental engineer and later as an attorney.

Florida State Senate (1992–2002)

Dyer was elected to the Florida Senate (District 14) in 1992 and served until 2002. His colleagues elected him Senate Democratic Leader for the final three years of his tenure. In 2002, he ran unsuccessfully for Florida Attorney General.

Mayor of Orlando (2003–present)

Dyer was elected the 48th (and current) Mayor of Orlando in a special election on February 25, 2003, following Glenda Hood’s resignation (he took office in March 2003). He has been re-elected five times and is now in his sixth full term, which runs through January 10, 2028. He is Orlando’s longest-serving mayor.

Notable Events and Controversies

In 2005, Dyer and others faced (and later had dismissed) felony charges related to a state law on absentee-ballot collection; he was briefly suspended by Gov. Jeb Bush but returned to office.

He supported a 2006 city ordinance restricting large group feedings in downtown parks (aimed partly at addressing homelessness concerns); it was struck down in federal court as unconstitutional.

No major unresolved personal or ethical scandals appear in recent credible reporting.

Personal Life

Dyer was married to attorney Karen Caudill Dyer from 1989 until their divorce in 2017; she passed away in 2022 after battling a brain tumor. They have two sons, Trey (John Hugh Dyer III) and Drew. Dyer remarried Susie Pinson Galloway Shields in 2021 and is a grandfather to Forrest. He has noted the family tradition of generational male-line nicknames (his father was “Butch”).

Hasan Piker and CodePink's Susan Medea Benjamin Subpoenaed by Trump Treasury Over Cuba Sanctions Violations

Hasan Piker and CodePink co-founder Susan Medea Benjamin have been subpoenaed by the U.S. Treasury as part of a probe into potential Cuban sanctions violations. In March 2026, they participated in the Nuestra América Convoy, which allegedly delivered aid to Cubans living under a dictatorial regime. Questions surrounding Piker's stay at a five-star hotel amid widespread blackouts, as well as his documentary, "The American War Against Cuba", which blames U.S. sanctions for the island's crises, have raised concerns about possible violations. Critics have also pointed to the documentary's pro-Cuba and anti-American bias.

Activism Driven By Familial Wealth

Hasan Piker, like many progressive social media creators, has benefited from living under a capitalist system with some nepotism; however, he often portrays capitalism as entirely harmful. Coming from a wealthy Turkish family that understands the difficulties of living among violent Islamic extremists, Hasan Piker instead focuses heavily on promoting a progressive academic narrative that often depicts white men as inherently oppressive or racist. Ironically, he speaks of socialism positively and defends it fervently just as his wealthy uncle who runs The Young Turks, Cenk Uygur. With their wealth they have been able to expand their holdings and their rhetoric.

Piker speaks about the proletariat, but lives in a West Hollywood home that was purchased on August 13, 2021, for $2.74 million. At the time of the sale, the property featured five bedrooms and 5.5 bathrooms. Today, the home is estimated to be worth approximately $3.725 million. His net worth has exploded in recent years with expert estimates suggesting his wealth to be around $9 million in May 2026. This raises questions about his intentions regarding his trip to Cuba with Susan Medea Benjamin, who comes from a wealthy real estate development dynasty and is the President of The Benjamin Fund (EIN 84-1618483), an organization estimated to have held approximately $48 million in assets in 2022.

Nuestra América Convoy

Hasan Piker and Susan Medea Benjamin traveled to Cuba under the organization CodePink to allegedly document conditions and provide aid to Cubans suffering from unreliable access to electricity and infrastructure issues. During their trip, they conducted interviews with local residents; however, many critics argued that Hasan Piker’s film, "The American War Against Cuba", presented a heavily biased narrative. Critics claimed that the footage was selectively edited and that many of the interviews reflected a strong anti-American perspective. 

According to those critics, the documentary notably lacked meaningful criticism of the Cuban government or its policies. This led some viewers to argue that the film functioned more as political propaganda than as balanced journalism. Others also questioned whether the documentary adequately represented the broader range of opinions held by ordinary Cuban citizens, particularly dissidents and critics of the regime. Few defended the film as being examples of how the Cuban people feel about the United States embargo.

During the Nuestra América Convoy, several blackouts occurred in Cuba. However, the CodePink team, Hasan Piker, and Susan Medea Benjamin were unaffected. In one scene, you could see CodePink's crew enjoying themselves with music and drinks while the neighborhood around them was pitch black.

The electricity was available at the five-star hotel they were staying at while those in surrounding barrios were in darkness. The Iberostar Marqués de la Torre is a five-star hotel that Hasan Piker claimed was chosen because it was not owned by the Cuban government, but instead Spanish investors. Piker and Benjamin defended their actions, claiming that this was one of the few options that complied with U.S. sanctions on Cuba.

Hasan Piker and Susan Medea Benjamin faced serious criticism by Cuban democracy activists while many progressive supporters defended their documentary and alleged humanitarian efforts.

Treasury OFAC Subpoena on Hasan Piker and Susan Medea Benjamin

As a result of this, it is reported that the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued administrative subpoenas—formally called “Requests for Information” (RFI)—to streamer Hasan Piker (HasanAbi) and CODEPINK co-founder Susan Medea Benjamin (and as part of a broader dragnet involving up to 40 American citizens) on May 23, 2026.

These subpoenas were issued as part of a federal investigation by Treasury, State, and Justice Department officials into whether the recipients and other activists violated long-standing U.S. Cuba sanctions laws (specifically the Cuban Asset Control Regulations) through the financing, coordination, or delivery of goods during their participation in the mid-March 2026 “Nuestra América Convoy” (also called “Our America Convoy”), a mission that allegedly brought ~650 delegates from 33 countries and 120 organizations to Havana to deliver approximately 20 tons of humanitarian supplies to Cuba’s ruling Communist Party and government entities, with possible contacts with Cuban officials and stays at foreign-owned hotels such as the Iberostar Marqués de la Torre.

The RFIs specifically demand financial, logistical, travel, and communications records related to the trips (which the participants publicly bragged about on social media and streams), with no criminal charges filed to date and the probe framed by officials as routine sanctions enforcement while Piker and Benjamin have called it an attempt to criminalize humanitarian aid.