Morgan Dollars are among the most popular and widely collected classic U.S. coins. Because of their worth and value, they have become a major topic of discussion among collectors.
These coins were made in 90% pure silver and contained .7724 troy ounces of metal. They were minted from 1878 to 1904. After some years, they were again minted in 1921 when the mint started making coins in 99% pure silver.
At first, Morgan Dollars were minted in bulk quantities for many years. This resulted in the piling up of these beautiful coins in the treasury vaults of the state for decades. In the early 1960s, millions of bags worth 1000$ were released to the people for some years.
Significance of the Mint Mark:
Morgan Dollars were minted in five different mints in the United States. Each one of the mint-crafted a mint mark on the coin. These marks were the initials of the state name in which the coins were minted. They include Philadelphia, which did not have any mark; San Francisco Mint with the Mark “S,”
Carson City with its famous mint mark “CC,” and New Orleans with the initial “O,” and coins minted in 1921 at Denver Mint has the mark “D.” Every single mark has a special significance like coins minted with “S” and “CC” are of high quality and are more preferable than other Coins. Visit Our Store for our collection of the rarest Morgan Dollars!
Some of the most Valuable Morgan Dollars in comparison of worth are:
1893-S Morgan Dollar:
The 1893-S is the rarest Morgan Dollar minted in the San Francisco mint. Because of its rarity and worth, this coin is highly rated among collectors. It is an uncirculated coin and is in high demand. A high-grade 1893-S can be worth millions.
- Mintage: 100,000 coins
- Worth: $3000 to $1,250,000
1884-S Morgan Dollar:
The 1884-S is second on the list of the rarest Morgan Dollars. Although it is readily available, high-grade coins like MS66 are still being discovered. If preserved in minted form, these coins can be worth a lot.
- Mintage: 3,200,000
- Worth: $300 to $1,250,000
1889-CC Morgan Dollar:
1889-CC is from the 13 different CC Morgan’s minted in Carson City. It is one of the most collected Morgan Dollars. Visit Our Facebook Page for our collection of the rarest Morgan Dollars!
- Mintage: 350,000
- Worth: $500 to $1,200,000
1895-O and 1895-S Dollars:
The 1895-O and 1895-S are some of the rarest Morgan Dollars. Their low mintage and careless circulation grades made them very rare.
- Mintage: 400,000 1895-O were made and 450,000 1895-S were minted.
- Worth: Their worth ranges from $250 to $700,000
1895 Morgan Dollar:
This Morgan Dollar is the most desirable coin among collectors. 1895-O is considered to be the king of Morgan Dollars. It was minted deficiently, and only 880 were the real show-stoppers.
- Mintage: 880
- Worth: $32,500 to $175,000
1893-CC Morgan Dollar:
These coins were minted in bulk, but their uncirculation made them rare among collectors.
- Mintage: 677,000
- Worth: $250 to $142,500
1885-CC Morgan:
This 1885-CC Morgan Dollar is considered to be one of the early-stage mintage. They were minted in low quantity. Their early significance makes them very popular collectibles.
- Mintage: 228,000
- Worth: $500 to $130,000
