Morgan Silver Dollar Values
Named after its designer, George T. Morgan, the Morgan Silver Dollar is a historic coin produced by the U.S. Mint from 1878 to 1904, 1921, and recently production began again in 2021 for the 100th anniversary. The coin’s obverse features Lady Liberty’s profile, while the reverse displays an eagle with outstretched wings and a wreath. The Morgan Silver Dollar holds significant historical and numismatic value, appreciated by collectors and investors for its silver content and iconic design. It remains a sought-after coin in the market, with certain years and mint marks commanding higher premiums due to rarity or condition.
Euro
Canadian Dollar
British Pound
- Premiums
- Melt
About the Morgan Silver Dollar
The value of Morgan Silver Dollars can vary substantially from coin to coin. Silver stackers who amass silver by weight will oftentimes pass by the silver Morgan because its premium is higher than bullion. Morgan dollars each contain .7743 ounces of silver, and so price comparisons can be difficult. To ascertain the melt value of a Morgan dollar, multiply the spot price of silver by .7743. Subtract the price and you will find its premium. Premiums on random year Morgan dollars are high because Morgan dollars are scarce and have collectible value – also known as numismatic value. The premium on a Morgan dollar is also referred to as a numismatic premium. The condition of the coin, the year it was minted, and the mintmark all play a substantial role in determining the overall value of each specific coin. When comparing the price of a Morgan dollar with other silver coins, keep in mind that values reflected are the values that collectors are willing to pay. As no other Morgan dollars are being minted, and the population of high-quality specimens on the market dwindles over time, the collectors value may increase. Investors in Morgan dollars should be mindful that the spot price of silver has less impact on the overall price of a silver Morgan than the numismatic premium does. Morgan dollars are one of the most collected series of coins in the world.
