1 Dollar "Morgan Dollar"
United States · 1878–1921 · Silver
0.7735 ozt of silver × live silver spot (loading…)
Specifications
| Years | 1878–1921 |
| Denomination | 1 Dollar |
| Composition | Silver (.900) (.100 copper) |
| Gross weight | 26.73 g |
| Fineness | 90.0% silver |
| Actual silver weight | 0.7735 ozt (24.06 g) |
| Diameter | 38.1 mm |
| Thickness | 2.4 mm |
| Edge | Reeded |
| Shape | Round |
| Designer | George Thomas Morgan |
| Type | Standard circulation coins |
Catalog data via Numista, where photos and mintage details are available.
Design
Obverse
Liberty head, facing left.
Reverse
Eagle holding arrows and an olive branch, within wreath.
About this coin’s value
The 1 Dollar "Morgan Dollar" contains 0.7735 troy ounces of silver (90.0% fine, 26.73 g gross). Its melt value above is that metal content multiplied by the live spot price — the floor any dealer offer should be judged against. Collector value for better dates, mint marks and grades comes on top of melt, so check before selling scarce coins as bullion.
To value a whole stack at once, use the US Silver Coin Calculator. The formula behind the number is explained in how to calculate silver melt value, and where to sell covers what buyers actually pay against melt.
Collector value by year and grade
Estimated collector (numismatic) values in USD for each issue of this type, from Very Good (VG) through Uncirculated (UNC). These are reference estimates derived from Numista contributor data — not dealer buy or sell offers. Where an estimate is below the coin’s melt value, the metal sets the price floor.
| Issue | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1878 1st reverse | 750,000 | $71 | $77 | $79 | $138 | $138 | $262 |
| 1878 2nd reverse | 9,759,300 | $74 | $84 | $84 | $84 | $108 | $127 |
| 1878 3rd reverse, mintage included in 2nd reverse | — | — | — | $72 | $79 | $149 | $158 |
| 1878 7 over 8 tail feathers, mintage included in 2nd reverse | — | — | $108 | $108 | $108 | $109 | $229 |
| 1878-CC | 2,212,000 | $123 | $140 | $140 | $150 | $298 | $561 |
| 1878-S | 9,744,000 | $86 | $94 | $101 | $106 | $106 | $148 |
| 1879 | 14,806,000 | $72 | $72 | $72 | $91 | $105 | $107 |
| 1879-CC clear (normal) CC | 756,000 | $178 | $228 | $472 | — | — | — |
| 1879-O | 2,887,000 | $70 | $70 | $89 | $99 | $132 | $171 |
| 1879-S 2nd reverse | 9,110,000 | $72 | $72 | $86 | $94 | $159 | $172 |
| 1879-S 3rd reverse | — | $71 | $74 | $76 | $116 | $116 | $134 |
| 1880 | 12,600,000 | $73 | $82 | $82 | $89 | $89 | $99 |
| 1880-CC 2nd reverse, overdate 8/7 | 495,000 | — | — | — | — | — | $1,053 |
| 1880-CC 3rd reverse, overdate 8/7dash, (normal strike) | — | — | — | — | — | — | $812 |
| 1880-O | 5,305,000 | $65 | $92 | $99 | $104 | $119 | $119 |
| 1880-S | 8,900,000 | $65 | $72 | $86 | $87 | $96 | $155 |
| 1881 | 9,163,000 | $68 | $77 | $84 | $92 | $107 | $110 |
| 1881-CC | 296,000 | — | $324 | — | — | — | $839 |
| 1881-O | 5,708,000 | $46 | $72 | $93 | $102 | $102 | $119 |
| 1881-S | 12,760,000 | $80 | $83 | $84 | $91 | $106 | $139 |
| 1882 | 11,100,000 | $67 | $67 | $91 | $98 | $105 | $119 |
| 1882-CC | 1,133,000 | $148 | $167 | $188 | $219 | $360 | $370 |
| 1882-O | 6,090,000 | $74 | $74 | $82 | $90 | $92 | $114 |
| 1882-O Repunched mint mark, O over S | — | — | $80 | $85 | $92 | — | — |
| 1882-S | 9,250,000 | $70 | $82 | $82 | $91 | $105 | $140 |
| 1883 | 12,290,000 | $70 | $70 | $79 | $97 | $101 | $101 |
| 1883-CC | 1,204,000 | $106 | $135 | $157 | $178 | $311 | $325 |
| 1883-O | 8,725,000 | $61 | $64 | $81 | $92 | $109 | $119 |
| 1883-S | 6,250,000 | $40 | $70 | $86 | $103 | $180 | — |
| 1884 | 14,070,000 | $71 | $76 | $90 | $96 | $102 | $113 |
| 1884-CC | 1,136,000 | — | — | $115 | $222 | $333 | $346 |
| 1884-O | 9,730,000 | $67 | $81 | $81 | $98 | $108 | $119 |
| 1884-S | 3,200,000 | $64 | $70 | $99 | $116 | $266 | — |
| 1885 | 17,787,000 | $65 | $70 | $77 | $94 | $100 | $117 |
| 1885-CC | 228,000 | — | — | — | — | — | $827 |
| 1885-O | 9,185,000 | $66 | $66 | $89 | $108 | $113 | $140 |
| 1885-S | 1,497,000 | $65 | $101 | $107 | $172 | $184 | $220 |
| 1886 | 19,963,000 | $71 | $75 | $88 | $93 | $99 | $127 |
| 1886-O | 10,710,000 | $63 | $78 | $95 | $105 | $135 | $231 |
| 1886-S | 750,000 | — | $114 | $114 | $114 | $206 | $267 |
| 1887 | 20,290,710 | $67 | $87 | $87 | $89 | $99 | $128 |
| 1887-O | 11,550,000 | $69 | $69 | $86 | $104 | $104 | $111 |
| 1887-S | 1,771,000 | — | $65 | $99 | $99 | $110 | $173 |
| 1888 | 19,183,000 | $73 | $73 | $78 | $92 | $97 | $116 |
| 1888-O | 12,150,000 | $68 | $87 | $87 | $87 | $87 | $131 |
| 1888-S | 657,000 | $85 | $90 | $108 | $129 | $144 | $455 |
| 1889 | 21,726,000 | $64 | $80 | $88 | $88 | $94 | $119 |
| 1889-CC | 350,000 | $849 | $1,203 | $1,203 | $2,756 | — | — |
| 1889-O | 11,875,000 | $66 | $80 | $80 | $88 | $126 | $163 |
| 1889-S | 700,000 | — | — | $138 | $143 | $143 | $334 |
| 1890 | 16,802,000 | $57 | $66 | $88 | $88 | $88 | $128 |
| 1890-CC | 2,309,041 | $162 | $162 | $162 | $185 | $274 | $602 |
| 1890-O | 10,701,000 | $81 | $81 | $81 | $93 | $112 | $226 |
| 1890-S | 8,230,373 | $70 | $74 | $83 | $92 | $109 | $133 |
| 1891 | 8,693,556 | $73 | $82 | $84 | $91 | $104 | $133 |
| 1891-CC | 1,618,000 | $118 | $127 | $161 | $219 | $325 | $745 |
| 1891-O | 7,954,529 | $70 | $74 | $94 | $95 | $101 | — |
| 1891-S | 5,296,000 | $65 | $84 | $91 | $91 | $91 | $117 |
| 1892 | 1,036,000 | $71 | $94 | $103 | $108 | $161 | $176 |
| 1892-CC | 1,352,000 | $163 | $242 | — | — | — | — |
| 1892-O | 2,744,000 | $70 | $85 | $85 | $85 | $158 | $304 |
| 1892-S | 1,200,000 | $93 | $127 | $162 | $320 | — | — |
| 1893 | 378,000 | $166 | $202 | $220 | $699 | $730 | — |
| 1893-CC | 677,000 | $318 | $507 | $743 | — | — | — |
| 1893-O | 300,000 | — | — | $204 | $348 | — | — |
| 1894-O | 1,723,000 | $116 | $125 | $125 | $156 | $188 | — |
| 1894-S | 1,260,000 | $104 | $104 | $104 | — | — | — |
| 1895-O | 450,000 | $264 | $264 | $264 | $646 | — | — |
| 1895-S | 400,000 | $308 | $662 | $662 | $662 | — | — |
| 1896 | 9,967,000 | $74 | $74 | $90 | $95 | $95 | $119 |
| 1896-O | 4,900,000 | $72 | $73 | $77 | $92 | $111 | — |
| 1896-S | 5,000,000 | $69 | $118 | $171 | $176 | — | — |
| 1897 | 2,822,000 | — | $71 | $81 | $102 | $102 | $124 |
| 1897-O | 4,004,000 | $72 | $72 | $74 | $101 | $106 | — |
| 1897-S | 5,825,000 | $83 | $83 | $83 | $83 | $83 | $163 |
| 1898 | 5,884,000 | $58 | $70 | $72 | $79 | $98 | $128 |
| 1898-O | 4,440,000 | — | — | $46 | $90 | $98 | $140 |
| 1898-S | 4,102,000 | $65 | $86 | $86 | $96 | $176 | — |
| 1899 | 330,000 | — | $109 | $122 | $122 | $193 | $297 |
| 1899-O | 12,290,000 | $72 | $72 | $90 | $100 | $116 | $133 |
| 1899-S | 2,562,000 | $98 | $106 | $116 | $144 | $299 | — |
| 1900 | 8,880,000 | $65 | $76 | $84 | $84 | $111 | $125 |
| 1900-O | 12,590,000 | $74 | $84 | $87 | $98 | $107 | $133 |
| 1900-O repunched mint mark, O over CC | — | — | — | $87 | — | — | $460 |
| 1900-S | 3,540,000 | $80 | $80 | $80 | $115 | $172 | $172 |
| 1901 | 6,962,000 | $87 | $87 | $87 | $125 | $230 | — |
| 1901-O | 13,320,000 | $71 | $71 | $89 | $91 | $113 | $148 |
| 1901-S | 2,284,000 | $74 | $76 | $106 | $138 | $294 | — |
| 1902 | 7,994,000 | $73 | $78 | $92 | $92 | $92 | $149 |
| 1902-O | 8,636,000 | $69 | $69 | $88 | $89 | $116 | $116 |
| 1902-S | 1,530,000 | $112 | — | — | $142 | $293 | — |
| 1903 | 4,652,000 | — | $82 | $95 | $101 | $133 | $152 |
| 1903-O | 4,450,000 | — | — | — | — | — | $740 |
| 1903-S | 1,241,000 | $117 | $117 | $184 | — | — | — |
| 1904 | 2,788,000 | $67 | $67 | $91 | $91 | $91 | $182 |
| 1904-O | 3,720,000 | $68 | $82 | $86 | $86 | $104 | $129 |
| 1904-S | 2,304,000 | $98 | $111 | $135 | $135 | — | — |
| 1921 | 44,690,000 | $66 | $67 | $76 | $85 | $87 | $105 |
| 1921-D | 20,345,000 | $65 | $65 | $75 | $79 | $80 | $113 |
| 1921-S | 21,695,000 | $68 | $73 | $73 | $77 | $77 | $136 |
Value estimates via Numista contributor data. Scarce varieties and certified high grades can sell far above these figures — see where to sell before pricing rare coins as bullion.
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Frequently asked questions
How much silver is in a 1 Dollar "Morgan Dollar"?
Each 1 Dollar "Morgan Dollar" contains about 0.7735 troy ounces of pure silver — its 26.73 g gross weight at 90.0% fineness. That is the figure the calculator above multiplies by the live silver spot price.
What is the melt value of a 1 Dollar "Morgan Dollar"?
Its melt (intrinsic metal) value is 0.7735 troy oz × the current silver spot price — use the live calculator above for today's figure. Scarce dates and high grades can be worth more than melt.
What years was the 1 Dollar "Morgan Dollar" minted?
The 1 Dollar "Morgan Dollar" was issued 1878–1921 across 144 catalogued date and mint-mark issues.
Who designed the 1 Dollar "Morgan Dollar"?
The 1 Dollar "Morgan Dollar" was designed by George Thomas Morgan.
How big is a 1 Dollar "Morgan Dollar"?
It weighs 26.73 g and measures 38.1 mm across and 2.4 mm thick (silver (.900) (.100 copper)).
Educational reference, not an offer to buy or sell. Specifications are catalog data and may vary by variety; verify before any transaction.