The obverse features the famous scene of Marines raising an American Flag over Iwo Jima. The inscriptions include "Liberty", "In God We Trust", "Marines", and the anniversary dates "1775" and "2005".
The reverse features the emblem of the Marine Corps, featuring an eagle, globe, and anchor. The inscriptions include "United States of America", "E Pluribus Unum", the Marine Corps motto "Semper Fidelis" (Always Faithful), and the denomination "One Dollar".
Marine Corps Silver Dollars were minted in proof and uncirculated versions at the Philadelphia Mint.
The US Mint sold coins individually, or within two different sets. The Coin and Stamp Set, included the uncirculated version of the coin and an uncanceled 1945 three-cent Iwo Jima stamp. The 2005 American Legacy Collection included all of the proof coins from 2005 and proof versions of the two commemorative silver dollars issued for the year.
Mintage:
| P Uncirculated | P Proof |
| 49,671 | 548,810 |
Weight: 26.7300 g
Composition: 90% Silver (0.7736 ounces of silver)
Diameter: 38.1 mm