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Morgan

1881-O Morgan

$1·Mint: O·90% silver·Mintage: 5,708,000
Circ. from
$95
Gem uncirc.
$650
Melt floor
$24.36
0.7734 oz × $31.5/oz
⚠️

Price estimates — not financial advice. Values are based on published price guides and recent sales data. Coin grade dramatically affects value. Always verify with a trusted dealer or third-party grading service before buying or selling.

Price by Grade
GradeQualityEst. Value
MS-60Mint State
$115
MS-63Choice Uncirculated
$140
MS-65Gem Uncirculated
$650
About Uncirculated-50About Uncirculated
$95
Extremely Fine-40Extremely Fine
$90
Fine-12Fine
$42
Good-4Good
$30
Very Fine-20Very Fine
$85
Very Good-8Very Good
$36

Source: published price guides (USA Coin Book / PCGS). Values are estimates and may not reflect current market conditions.
Melt floor: Prices include intrinsic metal value (0.7734 oz silver). Marked grades are worth more melted than as collector coins.

Historical Context
About the Morgan series
Designer: George T. MorganYears struck: 1878–1904, 1921

The Morgan Dollar is the iconic American silver dollar — struck by every active mint of the era (Philadelphia, New Orleans, Carson City, San Francisco, Denver in 1921 only). George Morgan's Liberty design, modeled after Anna Willess Williams, became the visual shorthand for "silver dollar" in American culture.

Era · The Pittman Act Revival · 1918–1921

1921 marked the end of an era. The Morgan Dollar program, dormant since 1904, was briefly revived under the Pittman Act — a Congressional mandate to recoin 270 million melted silver dollars. December 1921 brought the Peace Dollar. The Morgan was done.

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