U.S. Mint

Diamond Field Morgan and Peace Dollar Set Goes On Sale Nov. 12 at $375

The Mint's new laser-engraved Diamond Field finish debuts Nov. 12 at noon ET, with a reported 160,000-set limit. How earlier Morgan and Peace sets sold.

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Obverse of an 1893-S Morgan silver dollar; classic design shown, not the new Diamond Field finish
Image: Bruxton, Wikimedia Commons · Public domain · commons.wikimedia.org

The U.S. Mint will put the 2026-P Diamond Field Morgan and Peace Dollar Set on sale at noon Eastern on Nov. 12, for $375. It is a new finish rather than another proof or reverse proof, and the way it is made is the real story behind it. Here is what is known about the set, how earlier Morgan and Peace pairs sold, and what to check before ordering.

A finish built into the dies

Both coins replace the smooth, flat field with a repeating pattern of small diamond facets, while the portraits, eagle and lettering stay raised above it. Both carry the 1776~2026 dual date and a Liberty Bell 250 privy mark, and the set ships in a black presentation case with a certificate of authenticity, according to CoinNews.

1893-S Morgan dollar obverse
An 1893-S Morgan dollar, shown for the classic design only; it does not have the new Diamond Field finish. Photo: Bruxton, Wikimedia Commons, public domain
1893-S Morgan dollar reverse
Reverse of the same 1893-S Morgan dollar. Photo: Bruxton, Wikimedia Commons, public domain

World Numismatic News, in an Oct. 7 piece describing how the Mint explained the finish, reports that the pattern is laser engraved into the master tooling. It then passes from the master hub to the working dies, so every die in the chain carries it. The Mint's stated reasoning, as relayed there, is that the facets help the dies hold fine detail: on a perfectly smooth field, metal moves quickly during striking and can soften lettering edges, and the facets spread that load. The same article says laser engraving was recently adopted in the Mint's die shop and that the Mint hinted at more Diamond Field releases to come.

How does it compare with the other 2026 finishes? A blog post from L&C Coins (Oct. 23) lays them out: proof means mirror fields with frosted devices, reverse proof means frosted fields with mirror devices, and enhanced uncirculated combines several textures on a single coin. L&C says Diamond Field "reads differently from any proof."

The specifications

Each coin is 99.9% silver, weighs 0.859 troy ounce, measures 38.10 mm and carries a P mint mark for Philadelphia, per CoinNews and L&C Coins. Those are the same specifications as the other 2026 Morgan and Peace dollars.

The designs themselves are old. L&C notes that George T. Morgan, an English-born engraver at the Philadelphia Mint, created the Morgan dollar, struck 1878 to 1904 and again in 1921. Anthony de Francisci designed the Peace dollar to mark the end of World War I, and it was struck from 1921 to 1935.

1922 Peace dollar slabbed by NGC
An original 1922 Peace dollar in an NGC holder, shown for the classic design only. Photo: Bruxton, Wikimedia Commons, CC0

Limits, and a number to double-check

CoinNews reports a mintage and product limit of 160,000 sets and no household order limit. Coverage cited by World Numismatic News says CoinWeek had earlier reported a limit of two sets per household, so that detail changed or was reported differently along the way.

I could not load the Mint's own product page for this article, so I could not confirm the limit there myself. A search summary of that page showed a different figure, 262,500, which matches the 2024 set's limit, so it may be a stale or mistaken number. Check the Mint's page on release day before assuming either figure.

How earlier Morgan and Peace pairs sold

This is the fourth two-coin Morgan and Peace set, CoinNews says. The first three were San Francisco reverse proof sets. Limits are from CoinNews's Sept. 12 report, and sales are from its Oct. 28 sales update, which covers sales through Oct. 25.

YearSetLimitReported sales
2023Reverse proof (S)250,000247,820
2024Reverse proof (S)262,500160,826
2025Reverse proof (S)160,000122,933

The 2026 limit equals 2025's, and the 2025 set had not reached its limit in the latest figures. That does not say how this set will sell.

This year's other 1776-2026 Morgans and Peaces

Buyers have had other options in 2026. CoinNews's Oct. 28 report shows these sales through Oct. 25:

  • Reverse proof (P): 166,172 Morgan and 150,139 Peace.
  • Enhanced uncirculated (W): 103,066 Morgan and 95,496 Peace.

The reverse proofs launched July 9 and the enhanced uncirculated versions Aug. 25, according to CoinNews. Each of the four grew by a few hundred coins during the Oct. 20 to 25 reporting week.

Anthony de Francisci designing the Peace dollar
Sculptor Anthony de Francisci at work on the Peace dollar design, 1921 press photograph. Wikimedia Commons, public domain

Where to find it at a coin show

The release lands on the first day of the Whitman Coin & Collectibles Expo in Baltimore (Nov. 12-14, One West Pratt Street). It is a chance to look at Morgan and Peace dollars from every era in person. The Richmond Fall Coin & Currency Show runs Nov. 5-7 in Virginia, if you want a smaller show earlier in the week. You can also browse all upcoming shows near you.

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