9 Most Rare Morgan Silver Dollars Every Collector Wants

The Morgan Silver Dollar is one of the most celebrated coins in U.S. history. First minted in 1878 and designed by George T. Morgan, these coins have become an icon in the world of numismatics. Whether you’re a seasoned collector or just getting started, Morgan Silver Dollars represent a fascinating slice of American history. While most are worth their silver content, a select few have achieved legendary status due to their rarity, condition, and mintmark.

Here’s a closer look at nine of the most valuable Morgan Silver Dollars that every U.S. coin collector dreams of owning.

1893-S Morgan Silver Dollar

Known as the “king of the Morgans,” the 1893-S is the rarest and most coveted of the series. Struck in San Francisco, only 100,000 were minted, and far fewer remain in good condition today. Even a well-worn example can fetch tens of thousands of dollars, while uncirculated versions have sold for over $500,000 at auction.

Also Read: 10 Rare American Silver Eagles Every Collector Dreams

1889-CC Morgan Silver Dollar

The 1889-CC is a treasure from the legendary Carson City Mint. With only 350,000 coins minted, this issue is extremely rare, especially in mint condition. Its connection to the Wild West adds to its allure. In uncirculated grades, this coin can sell for upwards of $300,000, making it a must-have for any serious collector.

1901 Morgan Silver Dollar

Though more than 6 million 1901 Morgans were struck, very few survived in uncirculated condition, making this coin exceedingly rare in higher grades. High-quality examples have been known to sell for over $400,000, solidifying its place among the top Morgan Silver Dollars.

1884-S Morgan Silver Dollar

The 1884-S Morgan is a perfect example of how survival rates influence value. While over 3 million were minted, the majority were circulated or melted down. As a result, uncirculated examples are exceptionally scarce and can fetch $150,000 or more.

Also Read: 10 Rare Lincoln Pennies That Could Be Worth a Fortune

1895 Proof Morgan Silver Dollar

Nicknamed the “King of Proofs,” the 1895 Morgan is the most famous proof-only issue in the series. Official records indicate 880 were minted, with no business strikes known to exist. Proof versions in top condition routinely sell for $100,000 to over $1 million.

1892-S Morgan Silver Dollar

With a mintage of 1.2 million, the 1892-S isn’t the lowest in the series, but finding one in high grade is a significant challenge. Many were heavily circulated or melted down, leaving few uncirculated coins. Top-grade specimens are valued at $50,000 or more.

1880-CC Morgan Silver Dollar (Reverse of 1878)

This fascinating variety features the reverse design from the original 1878 Morgan, identified by the flat-breasted eagle and parallel arrow feathers. Minted in Carson City, it’s a rarity that collectors highly prize. Uncirculated examples can range from $10,000 to $50,000, depending on condition.

Also Read: Top 13 Jefferson Nickel Errors Varieties Worth Looking For

1896-O Morgan Silver Dollar

Minted in New Orleans, the 1896-O is notorious for poor striking quality, which makes high-grade examples exceedingly rare. While circulated coins are relatively common, those in uncirculated condition are worth $30,000 or more, making this coin a standout in the series.

1879-CC Morgan Silver Dollar (Capped Die)

The 1879-CC Capped Die variety is another gem from the Carson City Mint. Its unique mintmark design was caused by die modification, creating a variety that is highly sought after. With fewer than 400,000 minted, uncirculated coins can command prices of $40,000 or more.

Conclusion

Morgan Silver Dollars are more than just coins; they’re pieces of American history. Their stunning design, connection to the past, and investment potential make them a favorite among U.S. coin collectors. Whether it’s the legendary 1893-S, the elusive 1901, or the intriguing 1880-CC reverse variety, these coins offer collectors a chance to own a tangible piece of the nation’s heritage.

The 9 Most Valuable Morgan Silver Dollars : Table

5 FAQ

What is the most valuable Morgan Silver Dollar?
The 1893-S Morgan Silver Dollar, valued at over $500,000 in top condition.

Why are Carson City (CC) Morgans so sought after?
Coins from the Carson City Mint are rare due to low mintages and historical significance.

What makes the 1895 Proof Morgan Silver Dollar unique?
It’s a proof-only issue with only 880 coins minted, making it extremely rare.

How do I identify a rare Morgan Silver Dollar?
Look for key dates, mintmarks (like CC or S), and coins in high-grade condition.

Are Morgan Silver Dollars a good investment?
Yes, rare Morgans hold their value well and are highly desirable among collectors.