Silver Dollar Values: How Much Are Your Silver Dollars Worth?



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Do you have Morgan silver dollars and Peace silver dollars but aren’t sure how much they’re worth?

These aren’t all the values for Morgan silver dollars and Peace silver dollars, but this will give you a good start in finding out how much money yours are worth:

Morgan Dollars

  • Most Morgan silver dollars are worth $15 to $30 in typical circulated grades.
  • The majority of common-date, uncirculated Morgan silver dollars are worth somewhere in the $30 to $50 range.
  • The most-valuable Morgan silver dollar is the 1893-S, worth around $3,000 and up.
  • A complete date-and-mintmark collection of Morgan silver dollars is valued at around $10,000 to $20,000 in typical circulated grades.

Peace Dollars

  • Most Peace silver dollars, including the common dates, are worth $15 to $25 in typical circulated grades.
  • Uncirculated Peace silver dollars are worth approximately $23 and up.
  • The most-valuable Peace silver dollar is the 1928, worth around $350 and up in typical circulated grades.

 

Joshua

I'm the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years old. I primarily collect and study U.S. coins produced during the 20th century. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. I'm also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I've authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below!

19 thoughts on “Silver Dollar Values: How Much Are Your Silver Dollars Worth?

    1. Hello, Kim!

      This is a great question. If you want every basic date and mintmark representative but no errors or major varieties, you might find these lists helpful:

      Checklist of Morgan dollars: https://www.littletoncoin.com/webapp/wcs/stores/servlet/Display%7C10001%7C10001%7C-1%7C%7CLearnNav%7CMorgan-Silver-Dollars-Checklist.html
      Checklist of Peace dollars: https://www.littletoncoin.com/LCC/html/pdf/checklists/LC-153-Peace-Dollar-Checklist.pdf

      If you want to buy silver dollars, be sure to check out a coin dealer. Here’s info on how to find a good coin dealer: https://coins.thefuntimesguide.com/coin_dealer/

      And a searchable list of coin dealers around the country: https://png.memberclicks.net/find-a-png-dealer

      Good luck!
      Josh

      1. Thanks Josh, I have had the good fortune to inherit my Grandfather’s silver dollar collection, haven’t seen it yet but I want to know what to look for. My Mom says I should sell it but I think I should keep it.

        1. Hi, Kim —

          It’s my pleasure to help. Yes, deciding what to do with a loved one’s coin collection is sometimes frustrating, but it’s also important to know what you have and what it’s worth so you can have better judgement on making those decisions. If you need any further assistance or have photos of Morgan dollars you would like me to provide opinions on, please feel free to let me know.

          Best wishes,
          Josh

          1. As it turns out, the best collection is a small one of what look to be 8 uncirculated Peace Dollars and a Silver certificate. 1922, 1928, 1924, 1925, 1926, 1927, 1934 and 1935. The Silver certificate is a series 1935 E. What can you tell me about these? I also have 12 very tarnished Morgans, haven’t had a chance to check dates. https://uploads.disquscdn.com/images/a2a7e836bc035dd0dbfb50d27e4fb3e1e2a81e72800abd2a7c08e2d79a600eeb.jpg

          2. Hi, Kim —

            To best determine the value of these silver dollars, I would have to please know if any of your Peace dollars have mintmarks, which are found (if they were made at the Denver or San Francisco Mints) on the bottom left of the reverse (“tail’s side”). Hopefully the 1934 has an “S” mintmark, as it would be worth $50 to $150 or more if it’s only lightly worn; unfortunately I can’t tell in this photo exactly which one is the 1934, so I’d be unable to tell what condition it’s in.

            At a minimum, all of your silver dollars (including the Morgan dollars) are worth about $15 to $18 each, given present silver values.

            Meanwhile, your 1935 silver certificate is worth around $5.

            Please let us know if you have any other questions. Otherwise, best of luck on your collecting ventures!

            Best,
            Josh

          3. I have a bad feeling now that I’ve looked at the obverse sides. My grandfather may have bought replicas. This is the obverse of the 1935, just looks like a round blob under my magnify glass, sorry the photo isn’t better. https://uploads.disquscdn.com/images/4401e64f5b34dbf1f4f482d6643ee6ff9e31db5186e84fadb8c48b00f6a04808.jpg

          4. Hi, Kim —

            It looks authentic, just highly worn. The wear pattern on the reverse of this 1935 Peace dollar looks normal. However, it isn’t worth more than about $16 to $18 because it’s a common coin and appears to have been cleaned. Unless you wish to trade the coins in, these are great pieces to hang on to for display or to wait and sell when and if silver prices increase.

            Best wishes,
            Josh

          5. Thanks so much for your expertise, all of this info will help me decide what to do with them

  1. Joshua, was there a time period around 2001-2006 in which the value of a coin collection was total of the face value of each coin–i.e. ALL half dollars were worth only 50 cents, dimes only 10 cents?

    1. Hi, Marilyn —

      The values of coins have always depended on the individual coins in a collection, with those variables based on the date, condition, and demand for any given coin. So, there was not a period, per se, when all coins were worth only their face value. Do you need assistance in judging the value of a collection you may have received around that timeframe? Or something else I might be able to assist you with? Please feel free to let me know!

      Best wishes,
      Josh

      1. t
        Thank you for your quick reply, Joshua.

        In that time period, my sister lived in Fl. & was the Administrator of my mother’s estate which included an extensive and very complete coin collection including many rare pieces. My parents considered this a valuable investment to pass on to us so they tracked down missing coins and purchased them–they did not just watch their change for what they needed!.

        My sister started exhibiting the clear symptoms of dementia by the time she got around to establishing the collection’s value and was confused already. Her son, who always wanted that collection, told her he had taken it to a numismatist who told him it was only worth the face value of each coin. In her mental state, she gave it to him at the face value of each coin.

        We other sisters lived in Ohio and were prevented from getting additional appraisals. For some reason, I am not willing to let this go–not to collect more money, but, I guess, more to know what’s its actual value may have, could have, and perhaps should have been. I was starting by asking the question I did and willing to stop there if it is even possible or ever heard of for a complete collection with some silver dollars having cost hundreds of dollars, and also included every mint set since they became available, (perhaps in the 1960s?) and all the coins (except the most rare at hundreds of thousands of dollars) since coinage commenced in the U.S.. There were even some incidental paper notes from +/- 1918.

        Does that give anything more to bring you closer to allow you to make any further comment or projection? I am not seeking a dollar figure of course, yet if there are rules of thumb which are generally typically like 3x or 5x or 20x, etc. its face value, and 5x mints, and so on, I would be immensely grateful to know that much.

        I deeply appreciate your time and knowledge for a response if possible. Thank you.

        1. Hello, Marilyn —

          My goodness, I am so sorry to hear about this sad situation…

          Based on what you have already shared with me about the collection I can tell you the collection is/was worth many times over face value both now and then on the many silver coins you describe, assuming they really were silver and it just “silver looking” copper-nickel clad coins. I am sorry to share that with you.

          My heart goes out to you,
          Josh

          1. Thank you for that information, Joshua. It is great to know that my parents had chosen their investment vehicle smartly, if not their administrator!!! Many thanks.

          2. You’re most welcome, Marilyn! Your parents made some very smart investment choices indeed!

      2. Hey, Joshua –
        Do you know anything about 1878s Longnock dollar? Is an 1878s dollar VAM 27A any rarer than the VAM 27? and do you have any idea of its value? I tried find out it’s value on Heritage Auctions and Ebay but I can’t find any listed as being sold.

        1. Hi there,

          While I’m quite familiar with the complex world of VAMs among Morgan (and Peace) dollars, I’m not knowledgeable enough on them to be of much help when it comes to offering solid advice and insight on a question like this. What I would suggest is in addition to checking with Heritage and eBay to also check with Stack’s Bowers Galleries and David Lawrence Rare Coins as they also run regular online auctions. I know Stack’s has an auction archive and DLRC may as well. I’ve interviewed the “King of Morgan Dollars” Wayne Miller, an iconic dealer in Montana. He may very well be able to help you with this and other VAM questions — maybe even be willing to buy it from you if you’re looking to sell? I don’t know… Here’s his website and his contact info is on the homepage: https://waynemillercoins.com/

          Wishing you the best,
          Josh

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