Silver Dollar Philadelphia

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Frequently Asked Questions...

how much is my 1881 Morgan silver dollar Philadelphia mint worth?


Best Answer...

Answer:

Unless it's in uncirculated condition, a dealer or a place that buys gold and silver would pay you $25 to $28 for the $32 in silver, and a small-time buyer of silver bullion would $32 to $35.

There are 11 levels of uncirculated. In the lowest levels, MS60 to MS62, there's only a few extra dollars in value on top of the silver. At MS64, though, it gets up near $50, and the higher it grades, the higher the value. These are collector values; dealers always pay less.

So you would need to have the coin looked at by someone that knows how to grade Morgan dollars, if you think it's uncirculated.