That’s a great question! Depending on date and condition, your Morgan Silver Dollar could be $12, or it could be $1,200,000! Spoiler alert: it’s much more likely to be $12. But you never know…

How Much is My Morgan Dollar Worth?

Morgan Silver Dollars – some of the most popularly collected coins on the planet. Some of these are worth many thousands of dollars, some many hundreds. But not all Morgan Dollars are worth a lot of money. How Much is Your Morgan Dollar Worth?

We’ll get into more detail, but we offer a service for a small fee through our website PriceThatCoin.com that will answer your questions with extreme accuracy.

Rarity

Most authentic, common date Morgan Silver Dollars are worth between $12 and $32. I say authentic because there are tons of counterfeits! And fake Morgan Dollars have been around since the Mint started making them in 1878, so don’t think just because you know the history of your coin going back 50 years it’s surely not fake. That said, common date Morgan Dollars in average circulated grade are extremely common. The Mints made tens of millions of these silver coins, and it’s illegal to melt them because they’re United States currency. (That doesn’t mean people didn’t melt them, sometimes they did. But they’re still common.)

Condition

Most common date Morgan Dollars are in what numismatists (coin nerds) call Uncirculated, or Mint State condition. Most of them were minted, put in bags, and stored in Mint or bank vaults for decades. Because uncirculated coins are numismatically common, average circulated common date coins (coins that were minted in high numbers by a given U.S. Mint at Philadelphia, San Francisco, Carson City, or New Orleans) do not have considerable value.

Here are various Morgan Dollars of varying condition and value. Some look like they're not worth much, but are. Some look like they could be worth a lot, but aren't. Which are which?

Here are various Morgan Dollars of varying condition and value. Some look like they’re not worth much, but are. Some look like they could be worth a lot, but aren’t. Which are which? We know. And we’re here to help.

Value

That said, there are uncommon dates and there are common date coins in uncommon condition. While we can’t get into the value of every Morgan Silver Dollar in every condition, we’ve given you a list of which ones are worth looking into.

If you are a master coin authenticator and grader, below are lists of which Morgan Dollars to look out for. If not, you can submit your Morgan Dollar to us. We’ll be able to determine with high probability if the coins are authentic, have problems, and in a grade that makes them worth money. Send your coin to PriceThatCoin.com today, find out all about it.

If your coin is on the Common Morgans list, it’s probably not worth spending the money to get it certified. If you think your coin is in spectacular condition, it could be worth something. Use our service over at PriceThatCoin.com to submit excellent pictures of your Morgan Dollar to us, and we’ll give it a thorough look.

Also, all authentic Morgan Dollars were made with 90% silver. So they have their bullion value. About the least a problem Morgan Dollar should ever trade for is $10, unless the price of silver per ounce dips below $12. That said, that’s all it may be worth, so a coin shop might be forced to offer you less as coin shops are in business to make money, not do favors.

Not all problem Morgan Dollars are worth $10. Some are worth many thousands. When in doubt, have it checked out! We’d be happy to do it for you for a nominal fee. All you need is great pictures. Submit your Morgan Silver Dollar to PriceThatCoin.com.

 

Common Morgan Silver Dollars:

Philadelphia Mint (No Mint Mark)
1878 – 1886, No Mint Mark: All Authentic, Problem-Free Coins Grading up to AU
1887: Check for 7/6
1888 – 1892, No Mint Mark: All Authentic, Problem-Free Coins Grading up to AU
1896 – 1898, No Mint Mark: All Authentic, Problem-Free Coins Grading up to AU
1900 – 1921, No Mint Mark: All Authentic, Problem-Free Coins Grading up to AU

Carson City Mint (CC Mint Mark)
1878 CC – 1885 CC: All Authentic, Problem-Free Coins Grading under Fine

San Francisco Mint (S Mint Mark)
1878 S – 1882 S: All Authentic, Problem-Free Coins Grading up to AU
1886 S – 1887 S: All Authentic, Problem-Free Coins Grading up to AU
1889 S – 1891 S: All Authentic, Problem-Free Coins Grading up to AU
1897 S – 1900 S: All Authentic, Problem-Free Coins Grading up to AU

New Orleans Mint (O Mint Mark)
1879 O – 1885 O: All Authentic, Problem-Free Coins Grading up to EF+
1887 O: Check for 7/6
1889 O – 1892 O: All Authentic, Problem-Free Coins Grading up to AU
1894 O: All Authentic, Problem-Free Coins Grading up to VF
1896 O – 1897 O: All Authentic, Problem-Free Coins Grading up to EF
1898 O – 1902 O, 1904 O: All Authentic, Problem-Free Coins Grading up to Choice MS
1900 O: Check for O/CC

1921 No Mint Mark: All Authentic, Problem-Free Coins Grading up to Choice Gem MS
1921 D, 1921 S: All Authentic, Problem-Free Coins Grading up to Choice MS

If it is on the Morgan Silver Dollars You Should Have Checked list, get it checked out by a professional to see if it’s real. There are millions of counterfeits out there, and most of them very good. If it’s in a good enough condition to justify spending the money for certification (authentication, grading, and protection), we’ll tell you. Certification is a great idea for valuable coins, but it’s expensive and time consuming. Send it to us at PriceThatCoin.com and we’ll tell you if the coin should be certified or not.

For the sake of this list, we consider coins with a market value of over $100 valuable enough to consider certification.

When in doubt, have it checked out! We’d be happy to do it for you for a nominal fee. All you need is great pictures. Submit your Morgan Silver Dollar to PriceThatCoin.com.

 

Morgan Silver Dollars You Should Have Checked:

1878 No Mint Mark, 8 Feathers: All Authentic, Problem-Free Coins Grading AU or finer
1878 No Mint Mark: All Authentic, Problem-Free Coins Grading MS
1878 CC: All Authentic, Problem-Free Coins Grading VF or finer
1878 S: All Authentic, Problem-Free Coins Grading Choice MS
1879 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS+
1879 – 1881 CC: All Authentic, Problem-Free Coins
1879 O: All Authentic, Problem-Free Coins Grading MS
1879 S, straight arrow feathers: All Authentic, Problem-Free Coins Grading AU+ or finer
1879 S, angled arrow feathers: All Authentic, Problem-Free Coins Grading Gem MS+
1880 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS+
1880/79 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice AU+ or finer
1880/79 O: All Authentic, Problem-Free Coins Grading Choice AU+ or finer
1880 O: All Authentic, Problem-Free Coins Grading Choice MS+
1880 – 1881 S: All Authentic, Problem-Free Coins Grading Choice Gem MS+
1881 – 1884 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS+
1881 O: All Authentic, Problem-Free Coins Grading Choice Gem MS+
1882 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1882 O: All Authentic, Problem-Free Coins Grading Choice MS+
1882 O/S: All Authentic, Problem-Free Coins Grading AU or finer
1882 S: All Authentic, Problem-Free Coins Grading Choice Gem MS
1883 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1883 – 1885 O: All Authentic, Problem-Free Coins Grading Choice Gem MS
1883 S: All Authentic, Problem-Free Coins Grading AU or finer
1884 CC: All Authentic, Problem-Free Coins Grading F+ or finer
1884 S: All Authentic, Problem-Free Coins Grading EF+/XF+ or finer
1885 – 1889 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice Gem MS
1885 S: All Authentic, Problem-Free Coins Grading AU or finer
1886 O: All Authentic, Problem-Free Coins Grading AU or finer
1887/6 No Mint Mark: All Authentic, Problem-Free Coins Grading EF+ or finer
1887 O: All Authentic, Problem-Free Coins Grading MS+
1887/6 O: All Authentic, Problem-Free Coins Grading EF+ or finer
1887 S: All Authentic, Problem-Free Coins Grading Choice AU+ or finer
1888 O: All Authentic, Problem-Free Coins Grading Choice MS+
1888 O DDO: All Authentic, Problem-Free Coins
1888 S: All Authentic, Problem-Free Coins
1889 CC: All Authentic, Problem-Free Coins
1889 O: All Authentic, Problem-Free Coins Grading AU+ or finer
1889 S: All Authentic, Problem-Free Coins Grading AU+ or finer
1890 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS+
1890 – 1891 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1890 O: All Authentic, Problem-Free Coins Grading Choice MS
1890 – 1891 S: All Authentic, Problem-Free Coins Grading Choice MS
1891 No Mint Mark: All Authentic, Problem-Free Coins Grading MS
1891 – 1892 O: All Authentic, Problem-Free Coins Grading AU+ or finer
1892 No Mint Mark: All Authentic, Problem-Free Coins Grading AU+ or finer
1892 CC: All Authentic, Problem-Free Coins
1892 S: All Authentic, Problem-Free Coins Grading F+ or finer
1893 No Mint Mark, CC, O, S: All Authentic, Problem-Free Coins
1894 No Mint Mark: All Authentic, Problem-Free Coins Grading All Grades
1894 O: All Authentic, Problem-Free Coins Grading EF/XF or finer
1894 S: All Authentic, Problem-Free Coins Grading VF+ or finer
1895 No Mint Mark, O, S: All Authentic, Problem-Free Coins
1896 – 1898 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice Gem MS
1896 O: All Authentic, Problem-Free Coins Grading AU or finer
1896 S: All Authentic, Problem-Free Coins Grading VF+ or finer
1897 O: All Authentic, Problem-Free Coins Grading AU or finer
1897 S: All Authentic, Problem-Free Coins Grading Choice MS
1898 O: All Authentic, Problem-Free Coins Grading Choice Gem MS
1899: All Authentic, Problem-Free Coins
1900 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice Gem MS
1900 – 1902 O: All Authentic, Problem-Free Coins Grading Choice Gem MS
1900 O/CC: All Authentic, Problem-Free Coins Grading EF or finer
1900 S: All Authentic, Problem-Free Coins Grading AU+ or finer
1901 No Mint Mark: All Authentic, Problem-Free Coins Grading VF+ or finer
1901 DDR: All Authentic, Problem-Free Coins
1901 S: All Authentic, Problem-Free Coins Grading EF+ or finer
1902 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS
1902 S: All Authentic, Problem-Free Coins Grading F+ or finer
1903 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice MS+
1903 O: All Authentic, Problem-Free Coins
1903 S: All Authentic, Problem-Free Coins
1904 No Mint Mark: All Authentic, Problem-Free Coins Grading MS+
1904 O: All Authentic, Problem-Free Coins Grading Choice Gem MS
1904 S: All Authentic, Problem-Free Coins Grading VF+ or finer
1921 No Mint Mark: All Authentic, Problem-Free Coins Grading Choice Gem MS
1921 D: All Authentic, Problem-Free Coins Grading Choice MS+
1921 S: All Authentic, Problem-Free Coins Grading Choice MS+

Better Date Morgans:

Unless you have a Morgan Dollars in choice AU or better condition, it is not valuable enough to get certified unless it is one of these:

1878 CC: All Authentic, Problem-Free Coins Grading F+ or finer
1879 – 1881 CC: All Authentic, Problem-Free Coins
1882 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1883 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1883 S: All Authentic, Problem-Free Coins Grading AU or finer
1884 CC: All Authentic, Problem-Free Coins Grading F+ or finer
1884 S: All Authentic, Problem-Free Coins Grading EF+/XF+ or finer
1885 CC: All Authentic, Problem-Free Coins
1885 S: All Authentic, Problem-Free Coins Grading AU or finer
1886 O: All Authentic, Problem-Free Coins Grading AU or finer
1887/6 No Mint Mark: All Authentic, Problem-Free Coins Grading EF+ or finer
1887/6 O: All Authentic, Problem-Free Coins Grading EF+ or finer
1888 O DDO: All Authentic, Problem-Free Coins
1888 S: All Authentic, Problem-Free Coins
1889 CC: All Authentic, Problem-Free Coins
1890 – 1891 CC: All Authentic, Problem-Free Coins Grading VF+ or finer
1892 CC: All Authentic, Problem-Free Coins
1892 S: All Authentic, Problem-Free Coins Grading F+ or finer
1893 No Mint Mark, CC, O, S: All Authentic, Problem-Free Coins
1894 No Mint Mark: All Authentic, Problem-Free Coins
1894 O: All Authentic, Problem-Free Coins Grading EF/XF or finer
1894 S: All Authentic, Problem-Free Coins Grading VF+ or finer
1895 No Mint Mark, O, S: All Authentic, Problem-Free Coins
1896 O: All Authentic, Problem-Free Coins Grading AU or finer
1896 S: All Authentic, Problem-Free Coins Grading VF+ or finer
1897 O: All Authentic, Problem-Free Coins Grading AU or finer
1899: All Authentic, Problem-Free Coins
1900 O/CC: All Authentic, Problem-Free Coins Grading EF or finer
1901 No Mint Mark: All Authentic, Problem-Free Coins Grading VF+ or finer
1901 DDR: All Authentic, Problem-Free Coins
1901 S: All Authentic, Problem-Free Coins Grading EF+ or finer
1902 S: All Authentic, Problem-Free Coins Grading F+ or finer
1903 O: All Authentic, Problem-Free Coins
1903 S: All Authentic, Problem-Free Coins
1904 S: All Authentic, Problem-Free Coins Grading VF+ or finer

When in doubt, have it checked out! We’d be happy to do it for you for a nominal fee. All you need is great pictures. Submit your Morgan Dollar to PriceThatCoin.com.

 

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