Morgan silver dollar features the head of Lady Liberty on the
obverse side and the spread-winged eagle on the reverse. Several
small variations were made to this coin over its mint life. The
mint mark is toward the bottom on the reverse side (just below
the wreath). Mint marks are "CC"
for Carson City, "D" for
Denver, "O" for New
Orleans and "S" for the
San Francisco Mints. If no mint mark appears, it was minted in
Morgan silver dollars are 90% silver and 10% copper. Uncirculated Morgans contain .7734 Troy ounces of pure silver (24.0566 grams) with a gross weight of .859 Troy ounces (26.728 grams). Circulated Morgans are considered to contain .7650 Troy ounces of pure silver due to the "wear factor" in handling these coins (sometimes referred to as trade content). Circulated silver coins (including Morgan dollars) are sometimes referred to as "junk silver" but don't believe it.
If you are looking for the least
expensive way of owning Morgan silver dollars and still get nice
coins, stay with circulated grades of Very Fine (VF),
Extremely Fine (EF
or About Uncirculated (AU).
Here is my list of the...
10 Of The Most Valuable Circulated Morgan Silver Dollars*
Uncirculated Morgans start at Mint State 60 (MS60) and go to MS65s (sometimes one or two grades higher). When investing in MS63 and higher grades - protect your investment by having them graded and "slabbed" (encased in plastic) by either NGC (Numismatic Guarantee Corporation) or PCGS (Professional Coin Grading Service).
To determine the silver (melt) value of a circulated Morgan silver dollar, multiply .7650 times the current spot price of silver.
Example: $15.00 x .7650 = $11.48
For your convenience, I have
included a sampling of Morgan dollars available on Amazon. You
might be able to pick up some nice Morgans at a decent price. Be
aware I receive a small compensation if you buy silver coins
through this site which does not result in you paying more.
Click on "Go" to see a larger selection.
I have made every reasonable effort
to produce an informative and helpful article on Morgan silver
dollars based on my research and experiences. However, I make no
representation or warranties of any kind with regard to its
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