Quick Answer: Are Morgan Silver Dollars Valuable?

Are Morgan silver dollars a Good Investment?

Because most of the Morgan dollar coins exist in higher grades than most other series, you should invest in only the highest grade specimens.

They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins make them a good investment..

What is the most valuable Morgan silver dollar?

10 Most Valuable Morgan Silver Dollars1.) 1893 S Morgan Silver Dollar – Worth $550,000.2.) 1901 Morgan Silver Dollar – Worth $425,500.3.) 1889 CC Morgan Silver Dollar – Worth $280,000.4.) 1884 S Morgan Silver Dollar – Worth $250,000.5.) 1893 O Morgan Silver Dollar – Worth $180,000.6.) 1895 O Morgan Silver Dollar – Worth $165,000.7.) … 8.)More items…

How many Morgan Dollars are left?

About half of all the Morgan Dollars have been melted down as silver bullion since 1918. Even with that taken into account, there are still approximately 275 million such coins in existence, so in terms of supply, there definitely isn’t a shortage.

What is a 1889 CC Morgan dollar worth?

$280,000CoinTrackers.com has estimated the 1889 CC Morgan Silver Dollar value at an average of $1591.00, one in certified mint state (MS+) could be worth $280,000.

Are my silver dollars worth anything?

If you own any common Morgan or Peace silver dollars that are in worn condition, these are usually worth very close to the current price of an ounce of silver. … If any of your Morgan dollars bear a “CC” mintmark under the eagle on the reverse, then they’re worth at least $50 to $100 each, maybe more.

How much is a Susan B Anthony dollar worth?

Most Susan B Anthony Dollars (SBA’s) are worth a $1 since they’re circulated or low MS (Mint State) grades, or grades lower than MS64. The 1981-S is a key date and worth around $40 in MS64 and the 1981-P and 1981-D are lower mintage dates and mints so they’re worth a bit more than the other dates as well.

What year Morgan dollars are valuable?

1893‑S. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.

What makes a Morgan Dollar valuable?

Any date and mintmark combination from 1893 through 1895 is certainly a nice find when it comes to the ever so popular Morgan Dollar series. The high cost of Mint State examples of the 96-S has caused the demand for the more affordable circulated pieces to rise.

How much is a 1921 D Morgan silver dollar worth?

CoinTrackers.com has estimated the 1921 D Morgan Silver Dollar value at an average of $28.00, one in certified mint state (MS+) could be worth $280.

Can you still get silver dollars at the bank?

yes you can get silver coins from US banks for a fraction of the cost of traditional means of buying precious metal coins. Essentially, this is done by ordering a box of half dollars from the bank, hunting through them, and keeping only coins of certain years which still had silver in them.

Where can I sell my silver dollars?

8 Options to Sell Your SilverLocal Coin Dealers. Local coin dealers are the way to go if you live near one. … Pawn Shops. … Coin Shows. … Online Dealers. … Ebay & Auctions. … Forums. … Smelters & Refiners. … ‘Cash for Gold / Silver’ Mail-in System.More items…•Aug 20, 2015

How much is a Morgan silver dollar worth?

Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices.

How much can I sell my Morgan silver dollars for?

$1,000These coins, if in high end condition, can sell for as much as $1,000, if not more. It’s important to properly preserve these coins, as the prices are directly proportional to the condition of the coins. Most New Orleans minted coins, with the exception of those minted from 1893, 1895, and 1903 are common date coins.

Are Morgan dollars worth collecting?

Morgan dollars are certainly worth collecting. They span the years from 1878-1904 and then again in 1921. The big, heavy silver coin has always been a favorite among coin collectors.

What year is the rarest Morgan Dollar?

1895The 1895 Morgan silver dollar is known as the “King of the Morgan Dollars” because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series.

Are Morgan Dollars pure silver?

Morgan Silver Dollar Coin Minting Information – The largest and heaviest silver coin since the Civil War, the Morgan silver dollar contains a hefty 0.77344 ounces of pure silver. It was minted continuously from 1878 to 1904 when the government exhausted its supply of silver bullion.

How can you tell if a Morgan silver dollar is real?

Previous counterfeit Morgan Silver Dollars have been identified with improper weights. In many cases, they less than half the weight of a true Morgan Silver Dollar. If you already have a Morgan Silver Dollar and believe it may be fake, throw it on a scale. Remember, it should weigh 412.5 grains, or 26.73 grams.

How much is a Morgan silver dollar worth in scrap?

Melt Values of U.S. Silver CoinsCoinCompositionMelt Value Updated 4/25/2021Morgan Dollar (1878-1921)90% Silver$20.19Peace Dollar (1921-1935)90% Silver$20.19Eisenhower, Silver (1971-1976)60% Copper, 40% Silver$8.25American Silver Eagle $1 (1986-Date)99.93% Silver$26.1013 more rows