Just flip your Morgan dollar over to reveal its back and look for the mintmark (or lack thereof). Trying to determine if you’ve got a “CC” Morgan dollar from the Carson City Mint? Or one with an “S” or “O” from San Francisco and New Orleans, respectively? Or no letter at all (Philadelphia Mint)? 1903-S Morgan dollar - Values of $240+ Where do you find the letter on Morgan dollars?.1895 Morgan dollar (no mintmark) - Values of $30,000 and more.All “CC” Morgan dollars - Values range from $150 and up.But there are some that are worth a whole lot more: One of the most popular of all silver dollars is the Morgan dollar - struck from 1878 through 1904 and once more in 1921.īy far most Morgan dollars are common in circulated grades and generally worth less than $50 in heavily worn condition. All Trade dollars are generally worth $125 and up. Trade dollars were struck for circulation until 1878, with limited-edition pieces for collectors dated as late as 1885. Not designed for expansive use in United States commerce, Trade dollars were largely shipped overseas and saw limited use and restricted legal tender status in the U.S.

government created a special type of silver dollar created for paying these merchants. In the late 19th century, new avenues of trade were opening up between Asia and the United States, and this meant more goods from China being brought into America. Liberty Seated dollar values range from about $250 for well-worn condition on into the thousands of dollars for uncirculated specimens. These coins were struck until 1873, and all are scarce. This new design incorporated the Liberty Seated design - which features a portrait of a seated Miss Liberty on the obverse (head’s side) and an eagle on the reverse (tail’s side). Mint began striking silver dollars for circulation in 1840. The most famous of these silver dollars is the 1804 Draped Bust dollar - which is known as “the King of American coins” and worth more than $1 million! Liberty Seated Dollar ValuesĪfter a decades-long hiatus beginning in 1804, the U.S. These are both worth about $1,000 and up. There are two major types of early silver dollars - Flowing Hair dollars and Draped Bust dollars. Let’s look at the pre-1878 silver dollars and what they’re worth… Flowing Hair & Draped Bust Dollar Values The first official United States silver dollars were made in 1794, and they were made in spurts throughout the 19th century until the first Morgan dollar was minted in 1878. So here you go… Early Silver Dollar Values (1794-1877) Regardless, most people who come across silver dollars want to know what they’re worth - I mean, what they’re really worth. Some employees even get them as tips from their customers.In many other cases, someone finds old silver dollars in a dresser, closet, or attic.Some receive a silver dollar as a gift or inheritance from an older loved one, friend, or neighbor.Later, as inflation took off, the difference between one dollar and two dollars shrank in comparison, making it feel kind of silly to have two bills so close together in value.Think You Found A Silver Dollar Worth Money?įor most of us, silver dollars come into our lives in a variety of interesting ways: Back in 1936, the average American made a starting wage of about 45 cents per hour, and many families didn't have two spare dollars to tie up in one bill.

During the years of the Great Depression and prior, two dollars was a lot of money.

From the time of its original production in 1862, this bill has occupied a strange spot in the list of currency denominations. In fact, 2-dollar bills weren't even produced from 1970 through 1975 because of lack of demand.Īnother reason for the rarity of 2-dollar bills involves the economy and inflation. One of the reasons 2-dollar bills are so rare is that fewer of them were printed.

Value of Antique Violins: Complete Guide.

10 Most Valuable Old Pennies and What They're Worth.

Collector Marbles: A Basic Guide to Types and Values.

That may sound like a lot, but when you compare it to the 11.7 billion 1-dollar bills in circulation, it takes on a new perspective. Two-dollar bills are the rarest currently produced money in the United States, and only about 1.2 billion 2-dollar bills are in current circulation. According to Business Insider, 2-dollar bills account for less than 0.001% of all currency in circulation.

Old silver dollar value chart