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![Image for Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxHeight=640&Mode=Pad&Scale=UpscaleCanvas&format=webp)
The United States Mint marked the nation's Semiquincentennial on July 4 with a special striking.
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Morgan dollars were struck from 1878 through 1904 and then, following a hiatus of 17 years, struck once more in 1921. All told, the first generation of Morgan dollars -- those made from 1878 through 1904 -- are categorically common as a group, though several dates are downright rare even in well-circulated grades. Individuals who buy Morgan dollars as a type will tend to focus on purchasing more common dates, which are mostly dominated by representatives from the Philadelphia, San Francisco, and New Orleans Mints. Examples from Carson City are much scarcer as a group and, grade-for-grade, are considerably more expensive than most of the other, non-CC issues. PLs and DMPLs are highly popular and many are reasonably common.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
72404
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, [Date]
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Variety:
Pre-1921
Coin Date:
Morgan
Denomination:
$1
Designation:
MS
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7068
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Body: Referring page: http://livetest.greysheet.com/prices/item/morgan-morgan-silver-dollar-pre-1921-coin-values/gsid/72404 GSID: 72404 Title: Morgan $1 Pre-1921 MS [Type]
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Coin Value History
Morgan $1 Pre-1921 MS [Type]
Value By Grade
Morgan $1 Pre-1921 MS [Type]
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS69 |
|
$96,000 | $1,234 |
| MS69 | - | $66,000 | $1,234 |
| MS68 |
|
$1,234 | $1,234 |
| MS68 | - | $1,234 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
| P1 |
|
$1,234 | $1,234 |
| P1 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $67 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $74 – $60,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $145 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $320 – $5,400
1878 8TF $1 MS
Worth: $55 – $120,000
1878 8TF $1 MS PL
Worth: $200 – $7,800
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $50 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $77 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $54 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $50 – $3,200
1878 7/8TF $1 Weak MS PL
Worth: $165 – $4,200
1879 $1 MS66+ NGC. CDN: $1,200 Whsle. Bid for NGC/PCGS MS66. Mintage 14,807,100. ...
$2,440
1878 7TF $1 Reverse of 1879 MS65+ PCGS. CDN: $1,600 Whsle. Bid for NGC/PCGS MS65. Mintage 4,300,000. ...
$2,318
1880-O $1 MS64+ PCGS. CDN: $1,000 Whsle. Bid for NGC/PCGS MS64. Mintage 5,305,000. ...
$2,562
1881-S $1 MS67+ PCGS. CAC. CAC: 1362 in 67, 145 finer (8/26). CDN: $1,010 Whsle. Bid for NGC/PCGS MS67. Mintage 12,760,000....
$1,586
1883-S $1 MS62 PCGS. CDN: $1,650 Whsle. Bid for NGC/PCGS MS62. Mintage 6,250,000. ...
$1,586
1884-S $1 AU58 NGC. CDN: $2,050 Whsle. Bid for NGC/PCGS AU58. Mintage 3,200,000. ...
$2,074
1894 $1 AU53 PCGS. CDN: $1,700 Whsle. Bid for NGC/PCGS AU53. Mintage 110,972. ...
$2,013
1893-O $1 AU55 PCGS. CDN: $1,800 Whsle. Bid for NGC/PCGS AU55. Mintage 300,000. ...
$2,135
1895-S $1 XF40 NGC. CDN: $1,425 Whsle. Bid for NGC/PCGS XF40. Mintage 400,000. ...
$1,464
1896-O $1 MS61 PCGS. CDN: $1,600 Whsle. Bid for NGC/PCGS MS61. Mintage 4,900,000. ...
$1,708
1887/6-O $1 VAM-3 MS63 NGC. A Top 100 Variety. CDN: $1,675 Whsle. Bid for NGC/PCGS MS63. ...
$1,708
1880/79-S $1 Large S, VAM-9, MS68 NGC. ...
$6,405
1893-S $1 Good 4 PCGS. ...
$4,148
1893-S $1 Good 6 PCGS. VAM-2. ...
$4,758
1893-S $1 VG8 NGC. ...
$5,246
1893-S $1 VG10 PCGS. VAM-2. ...
$5,612
1893-S $1 Fine 12 NGC. ...
$7,320
1893-S $1 VF20 PCGS. ...
$9,150
1893-S $1 VF25 PCGS. CAC. VAM-1. ...
$12,200
1893-S $1 VF30 ANACS. VAM-1. ...
$9,760
Greysheet News
Special Quarters Created in July 4 Action
9/8/2026
The Business of Numismatics: September 2026 Greysheet Editor's Letter
Outside of the direct trading of coins, our industry has seen some shake up recently on the data and information front.
9/7/2026
1893-S Morgan Dollar Realizes $1,181,250 at GreatCollections
Brings More Than 50% Over PCGS Price Guide — a Record for the Date in Gem Mint State.
9/4/2026
Events
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Location: Heritage Auctions
Thursday, July 2, 2026
