Hobbizine

Morgan Dollar Values

The Morgan Dollar was minted by the United States government from 1878 to 1904 and then again for one more year in 1921. It is composed of 90% silver and 10% copper.

Values for Morgan Dollars are related to current silver prices. This tie to silver prices is especially true for common dates in average condition, because as much of their value is derived from the silver content as it is the scarcity. Silver prices are provided in Troy ounces. On April 3, 2012 the spot price of silver was $32.68. Multiplying the price for silver by .7735 will give you the value of the silver in a Morgan Dollar, also known as the melt value. On April 3 the melt value was $25.28.

Date and Mint G VG F VF XF UNC BU MS-65 1878 8 Tail Feathers $34 $36 $38 $43 $52 $119 $143 $1,425 1878 7 over 8 Tail Feathers $34 $35 $36 $40 $48 $67 $76 $1,140 1878 7 Tail Feathers Reverse of 1878 $34 $35 $36 $40 $48 $67 $76 $1,140 1878 7 Tail Feathers Reverse of 1879 $34 $35 $36 $37 $43 $71 $86 $2,850 1878 CC $81 $105 $119 $133 $143 $181 $214 $2,090 1878 S $34 $35 $36 $37 $40 $48 $57 $261 1879 $34 $35 $36 $37 $38 $39 $43 $855 1879 CC $143 $190 $261 $333 $808 $2,470 $3,800 $28,500 1879 CC Capped $143 $190 $261 $333 $808 $2,470 $3,800 $28,500 1879 O $34 $35 $36 $38 $43 $52 $86 $3,088 1879 S Reverse of 1878 $34 $35 $36 $37 $38 $95 $143 $7,600 1879 S Reverse of 1879 $34 $35 $36 $37 $38 $39 $48 $143 1880 $34 $35 $36 $37 $38 $39 $48 $713 1880 CC Reverse of 1878 $81 $143 $166 $190 $238 $499 $523 $2,613 1880 CC 80/79 Reverse of 1878 $81 $143 $166 $190 $238 $499 $523 $3,800 1880 CC 8 over 7 Reverse of 1878 $81 $143 $166 $190 $238 $499 $523 $2,850 1880 CC Reverse of 1879 $81 $143 $166 $190 $238 $499 $523 $1,425 1880 CC 8 over 7 High 7 Reverse of 1879 $81 $143 $166 $190 $238 $499 $523 $1,758 1880 CC 8 over 7 Low 7 Reverse of 1879 $81 $143 $166 $190 $238 $499 $523 $1,758 Date and Mint G VG F VF XF UNC BU MS-65 1880 O $34 $35 $36 $37 $38 $39 $71 $23,750 1880 S $34 $35 $36 $37 $38 $39 $43 $143 1881 $34 $35 $36 $37 $38 $39 $43 $665 1881 CC $309 $333 $356 $380 $404 $451 $475 $950 1881 O $34 $35 $36 $37 $38 $39 $48 $1,330 1881 S $34 $35 $36 $37 $38 $39 $48 $143 1882 $34 $35 $36 $37 $38 $39 $43 $499 1882 CC $62 $95 $105 $119 $128 $166 $190 $475 1882 O $34 $35 $36 $37 $38 $39 $48 $1,188 1882 O/S $34 $36 $38 $43 $57 $166 $285 $33,250 1882 S $34 $35 $36 $37 $38 $39 $48 $143 1883 $34 $35 $36 $37 $38 $39 $48 $190 1883 CC $57 $71 $95 $109 $119 $143 $166 $475 1883 O $34 $35 $36 $37 $38 $39 $48 $166 1883 S $34 $24 $29 $43 $48 $333 $665 $33,250 1884 $34 $35 $36 $37 $38 $39 $48 $333 1884 CC $71 $86 $119 $138 $147 $176 $190 $475 Date and Mint G VG F VF XF UNC BU MS-65 1884 O $34 $35 $36 $37 $38 $39 $48 $143 1884 S $34 $35 $36 $37 $38 $39 $6,650 $237,500 1885 $34 $35 $36 $37 $38 $39 $43 $147 1885 CC $404 $475 $499 $546 $594 $641 $713 $1,140 1885 O $34 $35 $36 $37 $38 $39 $48 $143 1885 S $34 $26 $33 $48 $71 $185 $190 $1,710 1886 $34 $35 $36 $37 $38 $39 $43 $143 1886 O $34 $36 $38 $40 $43 $285 $665 $19,000 1886 S $38 $48 $67 $86 $95 $238 $261 $2,945 1887 $34 $35 $36 $37 $38 $39 $40 $143 1887/6 $34 $38 $43 $48 $105 $238 $380 $4,750 1887 O $34 $35 $36 $37 $38 $39 $52 $4,750 1887 S $34 $35 $36 $37 $38 $81 $95 $2,850 1888 $34 $35 $36 $37 $38 $39 $43 $166 1888 O $34 $35 $36 $37 $38 $39 $43 $618 1888 O Hot Lips -- -- $105 $166 $380 $7,125 -- -- 1888 S $71 $152 $214 $238 $252 $285 $309 $2,850 1889 $34 $35 $36 $37 $38 $39 $43 $380 1889 CC $570 $665 $950 $1,425 $2,850 $19,000 $23,750 $332,500 1889 O $34 $35 $36 $37 $38 $71 $143 $6,650 1889 S $34 $43 $71 $71 $95 $166 $190 $1,900 Date and Mint G VG F VF XF UNC BU MS-65 1890 $34 $35 $36 $37 $38 $39 $43 $2,375 1890 CC $76 $86 $119 $143 $190 $333 $428 $4,750 1890 CC Tail Bar $95 $166 $238 $333 $570 $1,425 $1,900 $10,450 1890 O $34 $35 $36 $37 $38 $39 $62 $1,900 1890 S $34 $35 $36 $37 $38 $39 $67 $950 1891 $34 $35 $36 $37 $38 $39 $57 $8,550 1891 CC $76 $86 $119 $138 $190 $238 $309 $4,275 1891 CC Spitting Eagle $95 $105 $143 $162 $228 $276 $366 $5,225 1891 O $34 $35 $36 $37 $38 $119 $143 $8,550 1891 S $34 $35 $36 $37 $38 $43 $71 $1,425 1892 $34 $35 $36 $37 $38 $166 $285 $4,275 1892 CC $143 $214 $238 $333 $570 $1,425 $1,663 $8,550 1892 O $34 $35 $36 $37 $38 $95 $190 $6,650 1892 S $34 $38 $43 $166 $475 $1,900 $14,250 $180,500 1893 $190 $238 $261 $285 $309 $475 $665 $6,650 1893 CC $214 $285 $380 $713 $1,710 $3,325 $3,800 $68,400 1893 O $166 $238 $285 $475 $760 $1,520 $2,375 $190,000 1893 S $1,900 $3,800 $4,750 $5,700 $8,550 $47,500 $85,500 $617,500 1894 $950 $1,330 $1,520 $1,710 $2,375 $3,325 $3,800 $47,500 1894 O $38 $48 $57 $71 $95 $475 $618 $57,000 1894 S $48 $71 $81 $128 $166 $570 $665 $5,700 Date and Mint G VG F VF XF UNC BU MS-65 1895 Proof $16,150 $23,750 $33,250 $38,000 $42,750 $47,500 -- -- 1895 O $238 $285 $380 $570 $855 $6,650 $15,200 $190,000 1895 S $333 $475 $523 $760 $1,188 $2,850 $3,800 $25,650 1896 $34 $35 $36 $37 $38 $39 $48 $190 1896 O $34 $35 $36 $37 $38 $475 $1,330 $190,000 1896 S $34 $36 $38 $71 $261 $1,235 $1,900 $19,000 1897 $34 $35 $36 $37 $38 $39 $43 $309 1897 O $34 $22 $24 $26 $29 $285 $760 $61,750 1897 S $34 $35 $36 $37 $38 $43 $67 $570 1898 $34 $35 $36 $37 $38 $39 $43 $214 1898 O $34 $35 $36 $37 $38 $39 $43 $166 1898 S $34 $36 $38 $43 $67 $190 $214 $2,375 1899 $119 $143 $166 $190 $214 $261 $285 $950 1899 O $34 $35 $36 $37 $38 $39 $48 $166 1899 S $34 $36 $38 $43 $71 $190 $261 $1,900 1900 $34 $35 $36 $37 $38 $39 $48 $238 1900 O $34 $35 $36 $37 $38 $39 $48 $166 1900 O/CC $34 $43 $57 $71 $119 $238 $356 $2,613 1900 S $34 $35 $36 $37 $43 $190 $309 $1,425 1901 $34 $36 $43 $62 $119 $855 $2,375 $332,500 1901 Double Die Reverse -- -- $285 $950 $1,900 $6,650 -- -- Date and Mint G VG F VF XF UNC BU MS-65 1901 O $34 $35 $36 $37 $38 $39 $48 $190 1901 S $34 $36 $38 $40 $71 $309 $475 $3,325 1902 $34 $35 $36 $37 $38 $39 $52 $523 1902 O $34 $35 $36 $37 $38 $39 $48 $166 1902 S $48 $71 $105 $190 $261 $333 $380 $3,040 1903 $38 $48 $57 $62 $71 $81 $86 $285 1903 O $261 $285 $333 $356 $380 $428 $437 $665 1903 S $67 $95 $119 $238 $404 $2,850 $3,800 $11,400 1903 S Micro S $133 $190 $238 $475 $808 $5,700 -- -- 1904 $34 $35 $36 $37 $38 $62 $95 $3,135 1904 O $34 $35 $36 $37 $38 $43 $48 $166 1904 S $34 $38 $57 $119 $261 $950 $1,425 $9,500 1921 $34 $35 $36 $37 $38 $43 $48 $166 1921 D $34 $35 $36 $37 $38 $43 $48 $428 1921 S $34 $35 $36 $37 $38 $43 $48 $1,140 Date and Mint G VG F VF XF UNC BU MS-65

These prices for Morgan Dollars are provided as a service to Hobbizine readers. They are derived from numerous sources such as dealer price lists, advertisements in numismatic publications, and public auction results. Use these values as a guideline for evaluating the reasonableness of dealer prices, setting up trades with other collectors, and estimating the worth of your collection.

Some notes about grading:

• G - Good: Major design elements are outlined but details are gone; the date may not be sharp (but should be readable) and the rim may not be complete.
• VG - Very Good: Major design elements, letters and numerals are worn but clear.
• F - Fine: Major elements are still clear but details are worn away.
• VF - Very fine: Light even wear on high points, all lettering and design details are sharp.
• XF - Extremely Fine: All design details are sharp; some mint luster remains.
• UNC – Uncirculated: No wear at all; there may be some contact marks and there may be some dulling of the luster.
• BU – Brilliant Uncirculated: a perfect coin with bright consistent luster and no scratches or contact marks.
• MS-65 - Mint State: These are prices for coins that have been certified a "65" by a third party grading company.

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