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Guide

What is a Morgan silver dollar worth?

Morgan and Peace dollars are 90% silver, and each holds 0.7734 troy ounces. We pay on that silver.

Updated October 28, 2026 · Prices as of November 3, 2026, 4:45 p.m. Pacific

What a common silver dollar is worth today

Silver is trading at $49.46 per troy ounce (the Kitco bid). Each Morgan or Peace dollar holds 0.7734 troy ounces of silver. We pay 90% of that silver: $34.43 per coin today.

What is a Morgan dollar?

The Morgan dollar, designed by George T. Morgan, was struck from 1878 to 1904 and again in 1921. The Peace dollar replaced it from 1921 to 1935. Both weigh 26.73 grams and are 90% silver; see why silver dollars weigh 26.73 grams.

  • Mint marks: on a Morgan, the letter under the wreath on the back: O (New Orleans), S (San Francisco), CC (Carson City), or D (Denver, 1921 only). No letter means Philadelphia. On a Peace dollar, it's on the back near the eagle's wing tip.
  • Modern Morgans and Peace dollars: since 2021 the U.S. Mint has issued new ones in .999 silver. They're collector coins, priced individually.

Check these before you sell

Keep graded coins in their holders: graded coins are priced individually. For dimes, quarters, and halves, see what 90% silver coins are worth.

U.S. silver coins: Dimes · Quarters · Half dollars · Walking Liberty · Franklin · Kennedy · Mercury dimes · Peace dollars · Silver dollars · Eisenhower dollars · War nickels · Junk silver · Canadian silver coins · Which coins are silver

Coin guides: Krugerrands · American Gold Eagles · American Gold Buffalos · Maple Leafs · Philharmonics · Britannias · American Silver Eagles · Sovereigns · Morgan and Peace dollars · Silver half dollars · Libertads · Pandas · Kangaroos · All 1 ozt gold coins · Mexican 50 pesos · Old U.S. gold coins · All gold coins · All 90% silver · Coin grades explained · Selling graded coins

The highest payouts for your silver, at a published percentage of the live Kitco bid.

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