Morgan Silver Dollar Melt Value

A Morgan Silver Dollar (1878-1921) contains 0.7734 troy ounces of pure silver. The coin weighs 26.73 grams total and is 90% silver, 10% copper.

The melt value of a Morgan Silver Dollar equals 0.7734 troy ounces multiplied by the current silver spot price. Use the calculator above with live prices to see today's exact melt value.

Common-date Morgan Dollars in average circulated condition typically sell at or slightly above melt value. Key dates, mint marks, and higher grades can command significant numismatic premiums. The melt value represents the minimum a Morgan Dollar should be worth.

It takes 1.3 Morgan Dollars to equal one troy ounce of pure silver content (each contains 0.7734 oz).

Morgan Silver Dollars were minted from 1878-1921. The composition is 90% silver, 10% copper, with each coin containing 0.7734 troy ounces of pure silver and a face value of USD 1.00.