Well, the Morgan Silver Dollar melt value at that silver price is merely $15.46. Expert Advice. The Silver Dollar was first introduced in the United States during the very last stages of the 18 th century, but it wasn’t until just prior to the dawn of the 20 th century when the coins became extremely attractive and widespread in their use. Morgan dollars are among the most popular United States coins around, and they are found in the collections of countless collectors new and seasoned alike. 1879 s rev of 78 top-100 1879 s rev of 78 $1 top-100 mspl 1879 s rev of 78 top-100 1879 s rev of 78 $1 top-100 mspl shop! Morgan Silver Dollars. George T. Morgan designed the coin, which featured a profile of Lady Liberty on the obverse and an eagle on the reverse. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. Political pressure by powerful silver mining companies, in a gambit to stabilize the price of their commodity at artificially high levels, created the impetus driving the legislative action. The 1923 silver dollar with no mint mark is worth around $25 in very fine condition. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. The Morgan silver dollar was in general circulation from 1878 to 1921. This melt value is calculated from the current silver spot price of $25.40 per ounce. A coin's numismatic value may be higher than its melt value. Morgan Silver Dollars were minted between 1878 and 1904, and again during the year 1921. Morgan Silver Dollar Values. Since a Morgan Dollar consist of 90% silver and 10% copper then their base price for any grade, condition, date or mint is going to be the silver value. The Carson City, Nevada Mint produced both Gold & Silver coinage for 23 years only from 1870-1893. The 1879 silver dollar value depends so much on both the mint it was struck at – and the condition – that it is difficult to give a finite price for an 1879 silver Morgan dollar. The 1901 Morgan dollar seems like nothing special, when looking at the mintage of over 6.9 million coins. Most Morgan silver dollars are common, especially in lower grades. The rise in bullion value is substantially behind some of the price increases of the most common Morgan dollar dates. Hundreds of thousands of these coins were melted down, but a surprisingly large number of Morgans still exist and can be found in uncirculated condition. Silver Weight: .7735 oz Face Value: $1.00 Diameter: 1.5 in Edge: Reeded Years Minted: 1878 to 1904 and then again in 1921. Morgan Dollar Price Guide Last Update: 01-08 08:02 PM EST Silver $25.45 ( -1.71 ) as of 01-08 04:59 PM EST Just 12,880 of these dollar coins were minted, and far fewer survive today. As a rough ballpark figure, you can pay anywhere between $15 and $47,000 for one. This series may be the most common of all 19th-century U.S. coins. After 130 years of being minted, the Morgan Silver Dollar is still among the most popular coins sold in the country and is also advised as a smart investment, due to its low mintage averages and 90% silver content. Valuing the 1878 Morgan Silver Dollar. Some Morgan dollar values have since risen. Compositionally, the coin is 90% silver and 10% copper. An extremely scarce quantity of dollars are sharply struck with highly reflective, proof-like surfaces. Morgan Silver Dollar values are something one cannot easily determine until you are holding the specific coin in question. The silver melt value for this coin is $19.65 as of January 09, 2021. 1. A Morgan Dollar’s silver value depends on the current market price, so use this formula. Melt Value (90% Silver Dollars) = Face X 0.77344 X Spot. Morgan Dollars. The "Morgan" design silver dollars was minted from 1878 to 1904, and again in 1921. This is due to the many different variables influencing the value of these coins. The Morgan dollar value has been volatile. National Collector’s Mint announces the special striking of the Cook Islands non-circulating LEGAL TENDER 1964 Morgan Dollar! Buy & Sell This Coin. These large Silver coins are known for their value, quality of strike, design and beauty. updated: 10/19/2020: $1: mspl: 118 Morgan Dollar (1878-1921) Melt Value: $19.75 Last Updated: 1/8/2021 5:02 PM EST This page shows trends for Morgan Dollar melt values. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the … By the end of 1921, the Morgan version was replaced by the Peace dollar. 1887-CC, 1888-CC, 1878-O, 1902-CC, or any Morgan with a D mint mark other than the 1921, are but one problem when it comes to counterfeits, but it's the most easiest to discern once you know the appropriate dates and mint marks combinations. Incorrect mint marks i.e. As a rule, you need to keep in mind that common date Morgan silver dollars that grade below AU-50 are only worth their silver bullion value. Perhaps the best thing about these Morgan silver dollar coins is their price. These common Morgan silver dollars are usually worth between $25 to $50 in typical circulated grades. With an over 650,000,000 million Morgan Dollar Coin Mintage, most of the yet to have been melted Silver Morgan Dollar Coins remain in silver collector hands and collections. The Morgan Silver Dollar is one of the most famous and most highly collected U.S. coins of all time. Choice specimens can be found in the higher Mint State grades. The 1891-CC Morgan is not in the common class even though more than one million pieces were minted. The Value of a 1901 Morgan Dollar. See pricing for U.S. Silver Coins in the NGC US Coin Price Guide. History of the 1900 Morgan Silver Dollar. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. Today we are going to be taking a look at my list of the top 15 most valuable Morgan Silver Dollars! Don't delay-act while these Brilliant Uncirculated beauties are still available! Value of 1891-CC Morgan Silver Dollar. Beginning in the 1980 row and onward, the "PF-65" figure can be precisely viewed as the value for a Proof dollar ranking 65 on the 70 point scale. The Morgan silver dollar was a United States dollar coin that was produced from 1878 to 1904 and then again in 1921. The 1885 Morgan Silver Dollar is a highly collectible item, which is worth its weight in silver (and one of our favorite coins of all-time here at Coin Value Investor).That’s true in a literal sense, as even the worst copy is still worth a decent amount when looking at the value of the raw materials. In circulated grades, it carries a modest premium. Coin Specifications 1900 was a decent year for the Morgan silver dollar in terms of mintage. It has all the design elements of the original U. S. government Morgan, all clad in 71 mg of .999 pure silver, along with the essential 1964 date -- … We have seen the history of Morgan dollars and how to go about collecting a Morgan dollar in Shopcsn blog earlier. As with all silver coins of this era, the 1879 Morgan Silver Dollar is composed of 90% silver and 10% copper to comply with the Coinage Act of 1873 which standardized metal content for coins among other things. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. Each coin dates between 1878-1904-so every coin is over 100 years old! Morgan Dollar Silver Coin Mintage Figures. However, there are certain dates of Morgan silver dollars that you will want to look for: “CC” is the mintmark for Carson City, Nevada. The Morgan silver dollar series is very rich in varieties and errors and was struck at five different locations, so collecting the series is a fun challenge for collectors. The Morgan Silver Dollar has a fineness of .900, and weighs a total silver content of 0.77344 troy ounces per coin. Here's a value chart for reference Morgan Dollar Value Charts. The new dollar was named after its designer, George T. Morgan. Most Morgan dollars are relatively common and circulated examples are often worth little more than their intrinsic silver content value. This page also shows coins listed for sale so you can buy and sell. $25.81 .Your old coin is heavy with over 3/4 ounce pure silver, forming a high base price. The coins' are called by the name of the designer - George Morgan. The 1878 Morgan Silver Dollar has a value of between $30 and $60,000 Type: Morgan Dollar Value: $30.00 to $60,000.00 Silver Value : $21.18 USD Mintage’s: 9.7 million in San Francisco, 2.2 million in Carson City, and 10 million in Philadelphia 1893-S. shop! 1921 P Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The 1895 Morgan Silver Dollar ranges in value from about $21,000 in Very Good-8 up to about $40,000 for uncirculated coins. Save an extra $1.34 when you add to cart *Promotion may not be combinable with other coupons* (1878-1904) Morgan Silver Dollar - Brilliant Uncirculated These 90% silver coins are genuine artifacts of the Old West. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! In this post, we are talking about the Top 10 rare Morgan dollars. Specifications: Designer: George T. Morgan The Morgan silver dollar originated in 1878 following the passage of the Bland-Allison Act. 1879 Morgan Silver Dollar Value Today any 1879 Morgan silver dollar value is a minimum of . The 1891-CC Morgan Silver Dollar is a desirable coin due to the popularity of the Carson City mintmark and its availability in Uncirculated grades. Minted only in proof, the 1895 dollar is a rare coin indeed, and one that often ever really shows up in big auctions or at major coin dealer firms. The Morgan dollar was among the coins that saw the steepest declines in the wake of a coin market crash in 1989. There are three main factors that contribute to the value of an 1878 Morgan silver dollar: the … The 1878 Morgan silver dollar has a diameter of 38.1 mm and a mass of 26.73 grams. Of course, there are a few exceptions, especially for Morgan Dollars minted at Carson City, but most Morgan dollars on the market today never circulated as regular coinage. What may have appeared to be a modest premium over the melt value (of just 10%) is nearly 50% in reality! Morgan Dollars in General . Nowadays, our dollars most often come in paper form, which is why collectors are constantly trying to get their hands on the Morgan Silver Dollar. The first Morgan Dollars bearing the famed CC Mint Mark were produced in 1878, which was the very first year of the Morgan Dollar series. Buy the 1885 Morgan Silver Dollar on eBay. 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