It’s important to know the values of each Morgan Dollar considering the fact that this is the most purchased silver dollar in the world, and the current market rise of bullion silver. It’s true that the value of common date, low grade Morgans rise and fall with the silver value, but the higher the grade the less the silver spot plays in the value of this highly collected silver dollar.

In example, even a G4 1893-S Morgan will trade for around $2,000 due to the low mintage and popularity of this date and mint, but the value of a 1881-S in G4 is determined more by the value of silver because of it’s high mintage and availability. My advice to collectors when investing in Morgan Dollars is to look for dates and mints that jump in value in the next grade. In example, an 1884-S trades for $55 in EF40, but jumps to $330 in AU50 (as of January 2010). The reason is that the EF40 date is being purchased more on a regular basis then the AU50, and the EF40 grade will more than likely increase. The same can be said for an AU50 verses and AU58 when it comes to grade price jumps.

The main trick to buying Morgan Dollars is to learn how to grade them first, and only buy them from dealers you trust and know, or examine the coins in hand, so one doesn’t buy scratched, cleaned, or dipped coins (this decreases the value of any coin).  Also, look our for altered mint marks, dates and counterfeit examples, there numerous, especially online auctions like ebay, but with some experience and knowledge, collectors can learn what to look for.

At CoinHELP! we offer a Morgan Dollar mintage and price guide, a counterfiet guide and a photograde guide to help collectors, but that’s not all, if you find yourself still in doubt about a purchase or a purchase you would like to make, we offer a message board where coin collectors can post as many questions as they desire. We have many knowledgeable collectors that are eager to aide collectors in coin collecting. Below is a list of links to help you not get scammed or make a bad deal.

Morgan Dollar values and mintages

Detecting Counterfeit Morgan Dollars

Photograding Morgan Dollars

Also, we offer the same guides for all U.S. Coins here U.S. Coins

One other service we offer is a third party grading service guide because many online auction venues offer over graded coins, are placed in plastic holders, to fool collectors into thinking they are purchasing high grade coins from a legitimate and professional coin grading service. TPGS Guide