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What are the rarest Morgan silver dollars?

Jon Warren
Morgan silver dollars, minted from 1878 to 1904 and then again in 1921, are among the most popular and collected coins in the United States. Their value is determined by several factors, including mint year, mint mark, condition, and rarity. Here are some of the rarest and most valuable Morgan silver dollars:

1889-CC The Carson City mint produced fewer Morgan dollars than any other mint, and the 1889-CC is particularly rare, especially in higher grades. It's one of the most sought-after coins by collectors.

1895 "Proof Only" Got one of these? It is worth a small fortune. The 1895 Morgan dollar is known as the "King of the Morgan Dollars" because no business strike coins are known to exist, only proofs. With a reported mintage of only 880 proofs, it's a rare find for any collector.

1884-S The 1884-S is another Morgan dollar that, while not rare in terms of overall mintage, is extremely rare in higher grades. Most of the mintage was circulated, leaving few in uncirculated condition.

1886-O While not as rare in terms of mintage numbers, the 1886-O Morgan dollar is incredibly scarce in high grades. Most were either heavily circulated or poorly struck, making Mint State examples rare.

1892-S While the 1892-S Morgan dollar had a relatively large mintage, high-grade examples are exceedingly rare. Most were circulated heavily, making high-grade specimens a rarity.

1893-OThe New Orleans mint produced fewer Morgan dollars in 1893, making the 1893-O another rare and valuable coin, particularly in higher grades.

1893-S The 1893-S Morgan dollar is the key date of the series, with the lowest mintage of any regular issue at only 100,000 coins. High-grade examples are exceedingly rare and highly prized by collectors.

1894 With one of the lowest mintages for a Morgan dollar at the Philadelphia mint, the 1894 is scarce in all grades and especially rare in higher grades. 1901 The 1901 Morgan dollar from the Philadelphia mint, especially in high grades, is considered rare due to the low survival rate of high-quality coins.

The value of these rare Morgan dollars can vary greatly depending on their condition and the current market demand. Coins graded by reputable grading services in uncirculated condition (MS) can fetch premium prices, often reaching into the tens or even hundreds of thousands of dollars for the rarest in high grades. It's essential for collectors to consult up-to-date price guides or seek appraisals from trusted numismatic professionals to determine the current market value of these rare coins.

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