1 Dollar Morgan Dollar

Liberia's late-1990s and early-2000s silver program was a bulk licensing operation — the government contracted with private minting firms, primarily in the United States and Europe, to produce collectibles bearing Liberian legal-tender status. The country itself had virtually no domestic minting infrastructure and was simultaneously in the grip of the Second Liberian Civil War. These coins were never intended to circulate in Monrovia.

KM#696 is one of dozens of near-identical Morgan Dollar tributes struck to the same specifications under this arrangement, sold directly into the American collector market.