What Is Your Morgan Silver Dollar Worth?
The Morgan dollar, struck from 1878 to 1904 and again in 1921, is the most collected silver dollar in the world. Each contains nearly three quarters of an ounce of silver, and Carson City issues and key dates carry large premiums. Value Identifier reads the date, mint mark, and surfaces to estimate where yours lands.
Try it free, identify any item
Snap or upload a photo and get its value in seconds
Why knowing your Morgan Silver Dollar value matters
Morgan dollars sit at the crossroads of bullion and numismatics, so two coins that look identical to a casual eye can differ in value by a factor of fifty. A common 1921 trades near silver, while an 1893-S or a Carson City coin in mint state is worth thousands. The mint mark on the reverse and the grade decide everything, and both are easy to overlook.
What your scan returns
Point your camera at your morgan silver dollar and get a full report in seconds: identification, a market-based price range, condition, rarity and more. Here's an example of the kind of report you'll see.
Watches
Rolex Submariner Date 16610
$9,500 – $12,000
Condition
Excellent
Rarity
Highly Sought After
Year
c. 1998
A stainless steel Submariner Date with a black dial and unidirectional bezel. Box and papers, light wear consistent with age. Pricing reflects recent dealer and auction comparables for this reference.
Fun fact
The Submariner was the first wristwatch rated to a depth of 100 meters when it launched in 1953.
Key factors that determine Morgan Silver Dollar value
Mint Mark
The mint mark sits below the wreath on the reverse. CC for Carson City coins carry the strongest base premium, followed by certain S and O issues.
Key Dates
1893-S, 1889-CC, 1879-CC, and the proof-only 1895 are the marquee dates that drive the high end of the market.
Condition
Morgan values explode in uncirculated grades. The cheek and hair detail on Liberty are the first places wear shows.
Silver Content
Each coin holds about 0.7734 troy ounces of silver, a melt floor that supports even worn common dates.
Toning & Surfaces
Original surfaces, attractive natural toning, and strong luster lift value. Cleaning and heavy bag marks pull it down.
Tips for scanning your Morgan Silver Dollar
Photograph the obverse so Liberty's cheek and hair show clearly, since that is where grade is decided.
Shoot the reverse to read the mint mark below the wreath, the single most value-relevant detail.
Use diffuse lighting to capture luster and toning without blowing out the surface.
Do not clean the coin. A dipped or polished Morgan is easy to spot and sells at a discount to original examples.
Morgan Silver Dollar market overview
The Morgan market is deep, liquid, and well documented, which makes it a favorite for both collectors and stackers. Common dates move with silver, while CC issues and high-grade keys trade on their own collector-driven curve and have appreciated for decades. Certified coins dominate the upper market because cleaned and counterfeit Morgans are common.
Morgan Silver Dollar valuation FAQ
How much is a Morgan silver dollar worth?+
Common dates trade near their silver melt value, while Carson City issues, key dates, and high-grade uncirculated coins range from strong premiums into the thousands. The mint mark and grade decide it.
Where is the mint mark on a Morgan dollar?+
On the reverse, below the wreath. CC stands for Carson City, O for New Orleans, S for San Francisco, D for Denver in 1921 only, and no mark for Philadelphia.
How much silver is in a Morgan dollar?+
About 0.7734 troy ounces of pure silver, since the coin is 90% silver. That gives every Morgan a solid melt floor regardless of date.
Are Carson City Morgan dollars valuable?+
Generally yes. CC coins were struck in smaller numbers and are prized by collectors, so they carry a meaningful premium over Philadelphia or San Francisco issues of the same date.
Explore more categories
Ready to identify & value your Morgan Silver Dollar?
Download Value Identifier free and scan your first items, no account needed.