Morgan Dollars: See How Morgan Dollar Values Have Changed Over 15 Years


This post may contain affiliate links. If you purchase through these links, we may earn a small commission at no additional cost to yourself.


The Morgan dollar is one of those coins loved by collectors and investors alike.

These large, silver coins are very popular in uncirculated condition.

Scarce dates are sought after in almost any grade.

The Morgan dollar value has been volatile.

 

Morgan Dollars

The Morgan dollar was among the coins that saw the steepest declines in the wake of a coin market crash in 1989. Some Morgan dollar values have since risen.

The rise in bullion value is substantially behind some of the price increases of the most common Morgan dollar dates.

Increases in both scarcity and demand have fueled price increases in other areas.

 

Morgan Dollar Values In 1994 vs. In 2009

Taking a look back at the coin market, you can see how well these coins have performed over the past 15 years.

Using Morgan dollar prices from the 1994 and 2009 editions of A Guide Book of United States Coins, by R.S. Yeoman and Kenneth Bressett, let’s compare the prices of yesteryear to those of today.

Morgan dollar prices are up all across the board over the past 15 years. Therefore, for the sake of space, let’s pick out just 10 (of the many) performers that have really shone on the investment stage.

While you may be familiar with “O” (New Orleans) and “S” (San Francisco) mintmarks, you may not have seen “CC” before. “CC” is the mintmark for Carson City, Nevada, which produced millions of silver dollars during its 1870-1893 operation.

  • 1878-CC $30-135 Very Fine to Mint-State 63 (1994)
  • 1878-CC $110-375 Very Fine to Mint-State 63 (2009)
  • 1881-CC $100-190 Very Fine to Mint-State 63 (1994)
  • 1881-CC $375-600 Very Fine to Mint-State 63 (2009)
  • 1885-CC $170-225 Very Fine to Mint-State 63 (1994)
  • 1885-CC $500-700 Very Fine to Mint-State 63 (2009)
  • 1889-CC $265-13,000 Very Fine to Mint-State 63 (1994)
  • 1889-CC $1,850-36,500 Very Fine to Mint-State 63 (2009)
  • 1893-S $1,200-40,000 Very Fine to Mint-State 63 (1994)
  • 1893-S $7,250-150,000 Very Fine to Mint-State 63 (2009)
  • 1895-S $150-2,500 Very Fine to Mint-State 63 (1994)
  • 1895-S $450-6,000 Very Fine to Mint-State 63 (2009)
  • 1899 $30-110 Very Fine to Mint-State 63 (1994)
  • 1899 $120-360 Very Fine to Mint-State 63 (2009)
  • 1902-S $40-300 Very Fine to Mint-State 63 (1994)
  • 1902-S $140-700 Very Fine to Mint-State 63 (2009)
  • 1903-O $125-175 Very Fine to Mint-State 63 (1994)
  • 1903-O $360-550 Very Fine to Mint-State 63 (2009)
  • 1903-S $55-3,000 Very Fine to Mint-State 63 (1994)
  • 1903-S $160-6,500 Very Fine to Mint-State 63 (2009)

 

Investing In The Morgan Dollar

Now, while this is enticing data, do not use this article as investment advice. This article is intended to simply provide some insight into how the market has performed over the past 15 years.

Again, many people familiar with coin investing know that Morgan dollars took a major price tumble in 1989. Nobody knows for sure if and when a similar price crash may happen again.

That is why it is always prudent to bear in mind that the coin market is volatile and risky.

 

More About The Morgan Dollar Coin

 

2 thoughts on “Morgan Dollars: See How Morgan Dollar Values Have Changed Over 15 Years”

    • Hi, John —

      Value depends on the condition and the presence of a mintmark or not on your 1888 silver dollar. Would you please post a photo of the obverse (heads) and reverse (tails) of your coin here in the comments forum?

      Thank you!
      Josh

      Reply

Leave a Comment

Share via
Copy link