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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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 MintGVGFVFXFUNCBUMS-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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