A Morgan Dollar contains 0.7734 troy oz of silver — about $45.96 at today's silver price.

Spot price as of July 22, 2026

About This Series

The Morgan dollar was minted from 1878 to 1904, then for one final year in 1921 before the Peace dollar replaced it. Designed by George T. Morgan (his "M" sits below Liberty's neck on the truncation), it was born from the Bland-Allison Act, which required the Treasury to buy western silver. The series covers four mints and hundreds of die varieties, making it one of the deepest rabbit holes in American numismatics. Serious date collectors chase the 1893-S and the proof-only 1895; casual collectors still find plenty of affordable Carson City issues.

Specifications

1878–1921

Composition: 90% Silver, 10% Copper
Fineness: 90.0%
Weight: 26.73 g
Diameter: 38.1 mm
ASW: 0.7734 oz
Years Produced: 1878–1921

Melt Value

$45.96

Based on silver spot price of $59.42/oz

Spot price as of July 22, 2026

Qty

0.7734 oz silver content × $59.42 spot

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