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Morgan Dollar Melt Value

US · 1878–1921 · 1 dollar

Live melt value (per coin)
$47.01
Snapshot: Oct 2026 · Updating…

Quick melt value calculator

Total melt value
$0.00
per coin: $0.00

Specifications

CountryUS
Years minted1878–1921
Denomination1 dollar (face value: $1.00)
Composition90% silver, 10% copper
Gross weight26.73 g (0.8594 troy oz)
Diameter38.1 mm
Silver content0.7735 troy oz (24.0570 g)
Copper content0.005893 lb (2.67 g)
SourceUS Mint specifications

How to identify

Liberty head (Morgan) obverse; date 1878–1904 or 1921; eagle reverse; reeded edge; "E PLURIBUS UNUM" on eagle's breast

Notes

412.5 grains (26.73 g), 90% Ag. Published ASW = 0.7734 ozt. Bland-Allison Act of 1878. Key dates: 1893-S, 1895 (proof only).

Frequently asked questions

How much silver is in a Morgan Dollar?
A Morgan Dollar contains 0.7735 troy oz (24.06g) of silver. Composition: 90% silver, 10% copper.
What is the melt value of a Morgan Dollar?
At snapshot prices (October 2026): $47.01 per coin. Composed of 90% silver, 10% copper. Use the live calculator above for current prices.
Is the Morgan Dollar worth more than melt value?
Many coins sell for more than melt — especially scarce dates, high grades, and coins with collector demand. Always check a current price guide (PCGS or NGC price guides) before melting or selling. Melt value is a floor, not a ceiling.
How do I identify a Morgan Dollar?
Liberty head (Morgan) obverse; date 1878–1904 or 1921; eagle reverse; reeded edge; "E PLURIBUS UNUM" on eagle's breast.