Morgan Silver Dollars are among the most iconic and collectible coins in American history. Their historical significance, intricate design, and limited mintages make certain Morgan dollars worth thousands of dollars today. In this blog, we’ll explore the top 13 Morgan Silver Dollars that have achieved high value in the coin collecting world, and we’ll highlight why each is so sought after.
Top 13 Morgan Silver Dollars That Are Worth Thousands
1. 1889-CC Morgan Dollar
The 1889-CC Morgan Dollar is considered one of the rarest of all Morgan dollars due to its limited production at the Carson City Mint. Its scarcity and condition make it highly prized among collectors.
2. 1893-S Morgan Dollar
Another extremely rare Morgan dollar, the 1893-S, was produced in very low quantities, and high-grade examples can easily fetch thousands at auction.
3. 1901 Morgan Dollar
Though more common in lower grades, the 1901 Morgan Dollar becomes very valuable in high grades due to its low survival rate in mint condition.
4. 1884-S Morgan Dollar
The 1884-S Morgan Dollar is scarce in high grades, making it one of the most valuable in the series. Well-preserved examples can command extremely high prices.
5. 1895 Morgan Dollar
Often referred to as the “King of Morgan Dollars,” the 1895 Morgan Dollar is rare in both proof and circulation strike, making it a top-tier collectible.
6. 1892-S Morgan Dollar
The 1892-S Morgan Dollar is another key date for collectors, especially when found in higher grades. It has a low mintage and can bring in thousands in pristine condition.
7. 1886-O Morgan Dollar
The 1886-O Morgan Dollar is tough to find in high grades, making it a coin that collectors covet for its rarity and historical importance.
8. 1880-CC Morgan Dollar
One of the most popular coins from the Carson City Mint, the 1880-CC Morgan Dollar is highly sought after, especially in well-preserved condition.
7. 1894 Morgan Dollar
The 1894 Morgan Dollar is another key date for collectors, with its limited mintage and high desirability making it worth significant amounts, especially in higher grades.
8. 1885-CC Morgan Dollar
The 1885-CC Morgan Dollar is a favorite among collectors due to its relatively low mintage and association with the Carson City Mint, one of the most beloved U.S. Mints for coin enthusiasts.
9. 1896-S Morgan Dollar
The 1896-S Morgan Dollar is rare in higher grades, and collectors pay a premium for well-preserved examples, making it one of the more valuable coins in the series.
10. 1904-O Morgan Dollar
The 1904-O Morgan Dollar was among the last Morgan dollars struck before the series ended, adding historical significance to its value, especially in uncirculated condition.
11. 1883-S Morgan Dollar
With its low mintage and scarcity in mint condition, the 1883-S Morgan Dollar is a key date that collectors are willing to pay top dollar for, especially in well-preserved examples.
12. 1897-O Morgan Dollar
The 1897-O Morgan Dollar is difficult to find in high grades, making it another key coin in the series. Its scarcity drives up its value significantly.
13. 1881-CC Morgan Dollar
The 1881-CC Morgan Dollar is highly coveted due to its connection to the Carson City Mint and its relatively low mintage. It is one of the more sought-after coins among Morgan dollar enthusiasts.
| Coin Name | Year of Issue | Mint Mark | Estimated Value |
|---|---|---|---|
| 1889-CC Morgan Dollar | 1889 | CC | $300,000+ |
| 1893-S Morgan Dollar | 1893 | S | $500,000+ |
| 1901 Morgan Dollar | 1901 | None | $250,000+ |
| 1884-S Morgan Dollar | 1884 | S | $250,000+ |
| 1895 Morgan Dollar | 1895 | None | $200,000+ |
| 1880-CC Morgan Dollar | 1880 | CC | $100,000+ |
| 1881-CC Morgan Dollar | 1881 | CC | $150,000+ |
As you can see, Morgan Silver Dollars are highly valued not only for their silver content but also for their historical significance and rarity. For collectors, owning one of these coins is a true testament to their passion for numismatics.
FAQs
1. What makes Morgan Silver Dollars so valuable?
Morgan Silver Dollars are valuable due to their rarity, historical significance, and demand among collectors. Key dates, mint marks, and high-grade coins can command thousands of dollars.
2. Why is the 1893-S Morgan Dollar so expensive?
The 1893-S Morgan Dollar is rare because of its extremely low mintage. Only a few thousand were minted, making it one of the most valuable Morgan dollars in existence.
3. How can I determine the value of my Morgan Silver Dollar?
The value of a Morgan Silver Dollar is determined by factors like condition, rarity, and mint mark. It’s best to have the coin appraised by a professional or consult numismatic guides.
4. Where can I sell my rare Morgan Silver Dollar?
You can sell rare Morgan Silver Dollars through auctions, coin dealers, or online marketplaces that specialize in numismatics. Be sure to get multiple appraisals to ensure you receive a fair price.
5. Are there any modern Morgan Silver Dollars worth collecting?
Yes, modern versions of Morgan Silver Dollars, such as commemorative issues, can still hold value, though they generally don’t reach the high prices of the original series.