﻿1878-1921 Morgan Silver Dollar Value - Coinflation (Updated Daily)
 Measuring the Metal Value of Coins – Base Metal, Gold, and Silver Coins Home  |  About  |  Coin Calculators  |  Gold Coin Values  |  Silver Coin Values  |  Proof Sets  |  Countries Last Update: November 30, 2020 We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate.

# 1878 - 1921 Silver Morgan Dollar Value (United States)

 U.S. MINT SPECIFICATIONS Denomination: \$1.00 Obverse Image: Lady Liberty Reverse Image: Eagle holding arrows and olive branch Metal Composition: 90% silver, 10% copper Total Weight: 26.73 grams Comments: The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. [ source ]

CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:

\$22.64  =silver price / ounce on Nov 30, 2020.
.90  =silver %
\$3.4652  =copper price / pound on Nov 30, 2020.
.10  =copper %
26.73  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)

The CME uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.

1. Calculate 90% silver value :

(22.64 × .0321507466 × 26.73 × .90)  =  \$17.5109169959

\$17.5109 is the rounded silver value for the 1878-1921 silver Morgan dollar on November 30, 2020. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.

2. Calculate 10% copper value :

(3.4652 × .00220462262 × 26.73 × .10)  =  \$0.0204198

3. Add the two together :

\$17.5109169959 + \$0.0204198 = \$17.5313367959

\$17.5313367959 is the total melt value for the 1878-1921 silver Morgan dollar on November 30, 2020.

 ← Calculate coin worth using your own quantity and silver price values.

MINTAGE AND COLLECTIBLE VALUE (USD)
 The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, O is for New Orleans, CC is for Carson City, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia (which is the case for the Morgan dollar). The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).The PCGS price guide on Morgan dollars has an updated list of certified coin prices. Mintmark Location: Numismatic Value Range – Based On Condition: Year Mintage Good Fine Extra Fine Uncirculated 1878 Shop 10,508,800 \$23.00 - \$25.00 \$28.00 - \$30.00 \$34.00 - \$36.00 \$50.00 and up 1878-CC Shop 2,212,000 \$65.00 - \$70.00 \$80.00 - \$85.00 \$90.00 - \$95.00 \$180.00 and up 1878-S Shop 9,774,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$45.00 and up 1879 Shop 14,806,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1879-CC Shop 756,000 \$100.00 - \$115.00 \$125.00 - \$130.00 \$450.00 - \$500.00 \$3500.00 and up 1879-O Shop 2,887,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$80.00 and up 1879-S Shop 9,110,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1880 Shop 12,600,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1880-CC Shop 591,000 \$100.00 - \$115.00 \$125.00 - \$140.00 \$180.00 - \$200.00 \$340.00 and up 1880-O Shop 5,305,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$90.00 and up 1880-S Shop 8,900,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1881 Shop 9,163,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1881-CC Shop 296,000 \$260.00 - \$270.00 \$275.00 - \$300.00 \$300.00 - \$325.00 \$360.00 and up 1881-O Shop 5,708,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1881-S Shop 12,760,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1882 Shop 11,100,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1882-CC Shop 1,133,000 \$65.00 - \$70.00 \$75.00 - \$80.00 \$100.00 - \$110.00 \$145.00 and up 1882-O Shop 6,090,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1882-S Shop 9,250,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1883 Shop 12,290,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1883-CC Shop 1,204,000 \$65.00 - \$70.00 \$75.00 - \$80.00 \$100.00 - \$110.00 \$145.00 and up 1883-O Shop 8,725,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1883-S Shop 6,250,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$34.00 - \$36.00 \$875.00 and up 1884 Shop 14,070,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1884-CC Shop 1,136,000 \$75.00 - \$80.00 \$100.00 - \$110.00 \$120.00 - \$130.00 \$145.00 and up 1884-O Shop 9,730,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1884-S Shop 3,200,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$48.00 - \$50.00 \$16000.00 and up 1885 Shop 17,787,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1885-CC Shop 238,000 \$350.00 - \$375.00 \$400.00 - \$425.00 \$450.00 - \$475.00 \$500.00 and up 1885-O Shop 9,185,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1885-S Shop 1,497,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$52.00 - \$57.00 \$175.00 and up 1886 Shop 19,963,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1886-O Shop 10,710,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$34.00 - \$36.00 \$800.00 and up 1886-S Shop 750,000 \$28.00 - \$32.00 \$40.00 - \$45.00 \$75.00 - \$80.00 \$250.00 and up 1887 Shop 20,290,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1887-O Shop 11,550,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$50.00 and up 1887-S Shop 1,771,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$34.00 - \$36.00 \$115.00 and up 1888 Shop 19,183,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1888-O Shop 12,150,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1888-S Shop 657,000 \$90.00 - \$100.00 \$120.00 - \$130.00 \$145.00 - \$160.00 \$245.00 and up 1889 Shop 21,726,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1889-CC Shop 350,000 \$350.00 - \$375.00 \$600.00 - \$625.00 \$2000.00 - \$2200.00 \$20000.00 and up 1889-O Shop 11,875,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$140.00 and up 1889-S Shop 700,000 \$25.00 - \$27.00 \$42.00 - \$45.00 \$60.00 - \$65.00 \$170.00 and up 1890 Shop 16,802,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1890-CC Shop 2,309,041 \$60.00 - \$65.00 \$70.00 - \$75.00 \$100.00 - \$110.00 \$375.00 and up 1890-O Shop 10,701,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$45.00 and up 1890-S Shop 8,230,373 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$45.00 and up 1891 Shop 8,693,556 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$50.00 and up 1891-CC Shop 1,618,000 \$60.00 - \$65.00 \$70.00 - \$75.00 \$100.00 - \$110.00 \$325.00 and up 1891-O Shop 7,954,529 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$125.00 and up 1891-S Shop 5,296,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$55.00 and up 1892 Shop 1,036,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$34.00 - \$36.00 \$160.00 and up 1892-CC Shop 1,352,000 \$115.00 - \$125.00 \$165.00 - \$180.00 \$350.00 - \$375.00 \$1100.00 and up 1892-O Shop 2,744,000 \$23.00 - \$25.00 \$26.00 - \$28.00 \$34.00 - \$36.00 \$150.00 and up 1892-S Shop 1,200,000 \$23.00 - \$25.00 \$30.00 - \$35.00 \$260.00 - \$275.00 \$35000.00 and up 1893 Shop 378,000 \$125.00 - \$140.00 \$160.00 - \$175.00 \$200.00 - \$220.00 \$550.00 and up 1893-CC Shop 677,000 \$130.00 - \$145.00 \$220.00 - \$240.00 \$1000.00 - \$1200.00 \$3500 and up 1893-O Shop 300,000 \$90.00 - \$100.00 \$150.00 - \$165.00 \$350.00 - \$375.00 \$2800.00 and up 1893-S Shop 100,000 \$1500.00 - \$1800.00 \$2500.00 - \$2750.00 \$6000.00 - \$6250.00 \$90000.00 and up 1894 Shop 110,000 \$650.00 - \$700.00 \$900.00 - \$1000.00 \$1100.00 - \$1200.00 \$2750.00 and up 1894-O Shop 1,723,000 \$25.00 - \$27.00 \$40.00 - \$43.00 \$80.00 - \$90.00 \$900.00 and up 1894-S Shop 1,260,000 \$30.00 - \$35.00 \$55.00 - \$60.00 \$105.00 - \$115.00 \$540 and up 1895-O Shop 450,000 \$170.00 - \$185.00 \$240.00 - \$260.00 \$400.00 - \$425.00 \$12000.00 and up 1895-S Shop 400,000 \$240.00 - \$260.00 \$400.00 - \$425.00 \$850.00 - \$900.00 \$3200.00 and up 1896 Shop 9,976,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1896-O Shop 4,900,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$42.00 - \$45.00 \$1625.00 and up 1896-S Shop 5,000,000 \$23.00 - \$25.00 \$30.00 - \$32.00 \$160.00 - \$175.00 \$1725.00 and up 1897 Shop 2,822,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1897-O Shop 4,004,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$40.00 - \$43.00 \$1200.00 and up 1897-S Shop 5,825,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$32.00 - \$34.00 \$50.00 and up 1898 Shop 5,884,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1898-O Shop 4,440,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1898-S Shop 4,102,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$42.00 - \$45.00 \$210.00 and up 1899 Shop 330,000 \$100.00 - \$110.00 \$140.00 - \$150.00 \$155.00 - \$170.00 \$200.00 and up 1899-O Shop 12,290,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1899-S Shop 2,562,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$50.00 - \$55.00 \$240.00 and up 1900 Shop 8,830,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1900-O Shop 12,590,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1900-S Shop 3,540,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$35.00 - \$38.00 \$210.00 and up 1901 Shop 6,962,000 \$23.00 - \$25.00 \$30.00 - \$32.00 \$75.00 - \$80.00 \$3400.00 and up 1901-O Shop 13,320,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1901-S Shop 2,284,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$42.00 - \$45.00 \$375.00 and up 1902 Shop 7,994,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$45.00 and up 1902-O Shop 8,636,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1902-S Shop 1,530,000 \$45.00 - \$50.00 \$65.00 - \$70.00 \$145.00 - \$160.00 \$300.00 and up 1903 Shop 4,652,000 \$30.00 - \$32.00 \$35.00 - \$38.00 \$45.00 - \$48.00 \$65.00 and up 1903-O Shop 4,450,000 \$200.00 - \$220.00 \$260.00 - \$280.00 \$300.00 - \$325.00 \$350.00 and up 1903-S Shop 1,241,000 \$55.00 - \$60.00 \$85.00 - \$90.00 \$275.00 - \$290.00 \$3500.00 and up 1904 Shop 2,788,000 \$23.00 - \$25.00 \$28.00 - \$30.00 \$34.00 - \$36.00 \$105.00 and up 1904-O Shop 3,720,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$24.00 - \$25.00 \$35.00 and up 1904-S Shop 2,304,000 \$30.00 - \$32.00 \$38.00 - \$40.00 \$160.00 - \$175.00 \$1750.00 and up 1921 Shop 44,690,000 \$20.00 - \$21.00 \$21.00 - \$22.00 \$22.00 - \$23.00 \$30.00 and up 1921-D Shop 20,345,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$23.00 - \$24.00 \$32.00 and up 1921-S Shop 21,695,000 \$21.00 - \$22.00 \$22.00 - \$23.00 \$23.00 - \$24.00 \$32.00 and up If you're interested in survival and rarity estimates (including the latest realized auction prices), also consider visiting PCGSCoinFacts.com. For example, they estimate there are only 25,250 known examples of the 1889-CC Morgan Dollar. This includes raw coins, those certified by PCGS, and those certified by other grading services. If you're interested in learning more about grading silver dollars, Photograde is an excellent resource.

EBAY AUCTIONS - SILVER MORGAN DOLLARS ONLY
 I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay. View all silver Morgan Dollar auctions or see below:

 CHARTS Long-term metal price charts for the silver Morgan dollar: