Morgan Silver Dollar (1878-1921)

Image Courtesy of David Lawrence Rare Coins

Image Courtesy of David Lawrence Rare Coins

Produced for more than 40 years, the Morgan Silver Dollar was in circulation longer than any other. Heralded as boasting the best of all the Silver Dollar designs, the Morgan was an immediate hit with US citizens when it was released back in 1878. Production of the coin continued all the way up until 1921, when the coin was replaced by an even newer, albeit less popular, design. In many ways, the design of the Morgan Silver Dollar is similar to the Bust Silver Dollar, though you will notice that it is much more detailed.

For collectors, the goal is always to find a coin that has been well-preserved over the years. With many of these coins being more than 100 years old, it is not very common to find a Morgan Silver Dollar that appears to be untouched.

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What You Will Pay for a Morgan Silver Dollar

The asking price of a Morgan Silver Dollar is something that cannot be so easily determined unless you are holding the exact coin. The reason for this is due to the fact that so many different factors influence the value of the coin. Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar.

As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. If you are able to find an early Morgan that is also in well-preserved condition, you are going to be looking at a price of $100 or more.

The Most Sought After Morgan Silver Dollars

Without a doubt, the most sought after Morgan Silver Dollars are those that have withstood the test of time without succumbing to the many signs of wear and tear typically associated with coins that are so old. For collectors, it is these well-preserved coins that are the preferred addition to any and all collections. Unfortunately, the fact that almost all of these coins were produced more than 100 years ago means that they will more often than not show signs of damage, sometimes significant signs of damage.

In addition to those coins that have been well-preserved over the years, collectors also want to get their hands on the earliest Morgan Silver Dollars. The coins produced in 1878 and 1879 are especially popular because they are the oldest available on the market today. It is the coins from the 1870s that are in pristine condition that sell for higher prices than just about any and all other Morgan Silver Dollars.

Being that there were up to 3 or more different types of Morgan produced every year, the exact type of coin will also play into how valuable the coin is to collectors. Some versions of the coin, such as the 1878CC, are especially valuable and difficult to find.

Morgan Silver Dollars Future Value

The future value of a coin is something that is fairly easy to determine, especially when you know that the coin is no longer being produced. When it comes to the Morgan Silver Dollar, these coins have not been on the US Mint’s production lines for nearly 100 years, which means that the value of the coins is always on the rise. As the years pass, you can bet that there will be fewer and fewer Morgans on the market. Knowing this, it goes without saying that these coins will only ever grow more costly as time moves forward. For this reason, there has never been a better time than now to get your hands on a Morgan Silver Dollar.

Morgan Dollar

DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
1878 Morgan Dollar (8 Feathers) N/A N/A $80 $105
1878 Morgan Dollar (7 Feathers) N/A N/A $55 $75
1878 Morgan Dollar (CC) N/A N/A $40 $70
1878 Morgan Dollar (S) N/A N/A $47 $48
1879 Morgan Dollar N/A N/A $39 $40
1879 Morgan Dollar (CC) N/A N/A $770 $1,700
1879 Morgan Dollar (O) N/A N/A $42 $47
1879 Morgan Dollar (S) N/A N/A $45 $70
1880 Morgan Dollar N/A N/A $39 $41
1880 Morgan Dollar (CC) N/A N/A $285 $350
1880 Morgan Dollar (O) N/A N/A $39 $43
1880 Morgan Dollar (S) N/A N/A $40 $46
1881 Morgan Dollar N/A N/A $39 $42
1881 Morgan Dollar (CC) N/A N/A $425 $440
1881 Morgan Dollar (O) N/A N/A $39 $41
1881 Morgan Dollar (S) N/A N/A $39 $41
1882 Morgan Dollar N/A N/A $39 $41
1882 Morgan Dollar (CC) N/A N/A $120 $145
1882 Morgan Dollar (O) N/A N/A $39 $42
1882 Morgan Dollar (S) N/A N/A $39 $41
1883 Morgan Dollar N/A N/A $39 $41
1883 Morgan Dollar (CC) N/A N/A $120 $145
1883 Morgan Dollar (O) N/A N/A $39 $41
1883 Morgan Dollar (S) N/A N/A $53 $140
1884 Morgan Dollar N/A N/A $39 $41
1884 Morgan Dollar (CC) N/A N/A $150 $160
1884 Morgan Dollar (O) N/A N/A $39 $41
1884 Morgan Dollar (S) N/A N/A $60 $290
1885 Morgan Dollar N/A N/A $39 $41
1885 Morgan Dollar (CC) N/A N/A $570 $590
1885 Morgan Dollar (O) N/A N/A $39 $41
1885 Morgan Dollar (S) N/A N/A $63 $110
1886 Morgan Dollar N/A N/A $39 $41
1886 Morgan Dollar (O) N/A N/A $45 $75
1886 Morgan Dollar (S) N/A N/A $105 $150
1887 Morgan Dollar N/A N/A $39 $41
1887 Morgan Dollar (O) N/A N/A $42 $55
1887 Morgan Dollar (S) N/A N/A $45 $50
1888 Morgan Dollar N/A N/A $39 $41
1888 Morgan Dollar (O) N/A N/A $39 $41
1888 Morgan Dollar (S) N/A N/A $185 $205
1889 Morgan Dollar N/A N/A $39 $41
1889 Morgan Dollar (CC) N/A N/A $3,000 $7,000
1889 Morgan Dollar (O) N/A N/A $39 $55
1889 Morgan Dollar (S) N/A N/A $75 $105
1890 Morgan Dollar N/A N/A $39 $43
1890 Morgan Dollar (CC) N/A N/A $140 $190
1890 Morgan Dollar (O) N/A N/A $39 $49
1890 Morgan Dollar (S) N/A N/A $39 $45
1891 Morgan Dollar N/A N/A $40 $45
1891 Morgan Dollar (CC) N/A N/A $140 $190
1891 Morgan Dollar (O) N/A N/A $40 $55
1891 Morgan Dollar (S) N/A N/A $40 $45
1892 Morgan Dollar N/A N/A $53 $90
1892 Morgan Dollar (CC) N/A N/A $450 $690
1892 Morgan Dollar (O) N/A N/A $48 $70
1892 Morgan Dollar (S) N/A N/A $300 $1,650
1893 Morgan Dollar N/A N/A $275 $400
1893 Morgan Dollar (CC) N/A N/A $1,500 $2,400
1893 Morgan Dollar (O) N/A N/A $475 $775
1893 Morgan Dollar (S) N/A N/A $9,000 $20,000
1894 Morgan Dollar N/A N/A $1,350 $1,700
1894 Morgan Dollar (O) N/A N/A $115 $260
1894 Morgan Dollar (S) N/A N/A $150 $450
1895 Morgan Dollar (O) N/A N/A $600 $1,200
1895 Morgan Dollar (S) N/A N/A $1,200 $1,800
1896 Morgan Dollar N/A N/A $39 $41
1896 Morgan Dollar (O) N/A N/A $43 $160
1896 Morgan Dollar (S) N/A N/A $220 $775
1897 Morgan Dollar N/A N/A $39 $41
1897 Morgan Dollar (O) N/A N/A $41 $100
1897 Morgan Dollar (S) N/A N/A $39 $45
1898 Morgan Dollar N/A N/A $39 $41
1898 Morgan Dollar (O) N/A N/A $39 $41
1898 Morgan Dollar (S) N/A N/A $50 $100
1899 Morgan Dollar N/A N/A $200 $225
1899 Morgan Dollar (O) N/A N/A $39 $40
1899 Morgan Dollar (S) N/A N/A $65 $140
1900 Morgan Dollar N/A N/A $39 $41
1900 Morgan Dollar (O) N/A N/A $39 $41
1900 Morgan Dollar (S) N/A N/A $48 $90
1901 Morgan Dollar N/A N/A $115 $280
1901 Morgan Dollar (O) N/A N/A $39 $41
1901 Morgan Dollar (S) N/A N/A $65 $200
1902 Morgan Dollar N/A N/A $39 $45
1902 Morgan Dollar (O) N/A N/A $39 $45
1902 Morgan Dollar (S) N/A N/A $190 $275
1903 Morgan Dollar N/A N/A $55 $65
1903 Morgan Dollar (O) N/A N/A $350 $365
1903 Morgan Dollar (S) N/A N/A $350 $1,600
1904 Morgan Dollar N/A N/A $47 $55
1904 Morgan Dollar (O) N/A N/A $39 $41
1904 Morgan Dollar (S) N/A N/A $200 $500
1921 Morgan Dollar N/A N/A $37 $38
1921 Morgan Dollar (D) N/A N/A $37 $38
1921 Morgan Dollar (S) N/A N/A $39 $41
Source: Red Book