1904 Morgan Silver Dollar Value
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1904 Morgan Silver Dollar Value

If you’ve ever held a 1904 Morgan Silver Dollar in your hand, you’ve touched a piece of history—a relic from a bygone era, rich with stories and steeped in value. But do you know how valuable it truly is? You could be sitting on a small fortune, and you wouldn’t even know it! The 1904 Morgan Silver Dollar isn’t just a coin; it’s an investment, a collector’s dream, and a historical artifact all rolled into one. In this article, we’re diving deep into the intricate world of the 1904 Morgan Silver Dollar Value. So whether you’re a seasoned collector or a curious beginner, buckle up; we’re about to unlock the secrets that could turn your dusty old coin into a treasure trove. Don’t miss out on the chance to discover the true worth of this iconic piece of Americana!

1904 Morgan Silver Dollar obverse
1904 Morgan Silver Dollar reverse

1904 Morgan Silver Coin Specification

  • Type: Morgan Dollar
  • Country: United States
  • Year: 1904
  • Face Value: 1 USD
  • Silver Weight: 0.7734oz
  • Metal Composition: 90% silver – 10% copper

The Morgan Silver Dollar was a type of silver dollar minted in the United States from 1878 to 1904, and again in 1921. The coin is named after its designer, George T. Morgan. There is 0.7734oz of silver in each 1904 Silver dollar coin. It is composed of 90% silver and 10% copper.

The 1904 silver dollar Coin’s obverse (Head) features the lady liberty side, along with the inscription 1904 – E PLURIBUS UNO LIBERTY. The reverse (tail) features the eagle surrounded by a wreath along with the inscription UNITED STATES OF AMERICA  – IN GOD WE TRUST – ONE DOLLAR. The 1904 Morgan Silver Dollar was the last year of production for the coin, as the design was replaced by the Peace Dollar in 1921. Today, the 1904 Morgan Silver Dollar is a popular coin among collectors and is highly sought after due to its historical significance and Silver content. If you’re intrigued by this, you might also be interested in knowing how many Morgan Silver Dollars fit in a pound. The coin’s weight and silver content make it a fascinating subject for numismatic enthusiasts.

The 1904 Morgan Silver Dollar can be found in different versions of mintage types:

  • 1904 Dollar without a mint mark, was struck at the Philadelphia mint with a total quantity of 2,788,000.
  • 1904 S Dollar, was struck at the San Francisco mint with a total quantity of 2,304,000.
  • 1904 O Dollar, was struck at the New Orleans mint with a total quantity of 3,720,000.

Note: The mint mark for the 1904 silver Dollar is visible on the reverse, beneath the wreath. 

How much is a 1904 Silver Dollar worth?

The 1904 silver dollar in circulated condition is usually worth from $35 to $55. However, in uncirculated its value can go from $170 to $2,000.

The 1904 S silver dollar has notable worth. In an uncirculated MS62 condition, it fetches around $3,790. When it’s in MS65 condition, it can bring in about $8,500.

For the 1904 O silver dollar in an uncirculated MS65 is valued at approximately $950, while an MS66 one can command a price of around $1,200.

Mint MarkVery FineExtremely FineUncirculated (MS 60)Gem Uncirculated (MS 65)
No Mark$50$55$170$2,000
1904 Silver Dollar Values Chart


What Makes a 1904 Silver Dollar Rare?

The rarity of a 1904 silver dollar depends on various factors such as the mint mark, its condition, and the number of coins produced at that particular mint. For example, a 1904 Morgan Silver Dollar from the San Francisco mint (S mint mark) in a high grade can be quite rare and valuable.

How Much is a 1904 New Orleans Morgan Dollar Worth?

The value of a 1904 New Orleans (O mint mark) Morgan Silver Dollar varies depending on its condition. As an estimate, a coin in very fine condition could be worth around $45, in extremely fine condition around $47, in uncirculated condition (MS 60) near $70, and in gem uncirculated condition (MS 65) approximately $950.

Where is the Mint Mark on a 1904 Morgan Silver Dollar?

The mint mark on a 1904 Morgan Silver Dollar is located on the reverse side of the coin, right below the wreath that encircles the eagle. Mint marks for this coin can include an “O” for New Orleans, an “S” for San Francisco, or no mint mark, which indicates the Philadelphia mint.

What is a 1904 Silver Dollar?

The 1904 Silver Dollar is primarily known as the Morgan Silver Dollar, named after its designer George T. Morgan. It was minted in the United States and is composed of 90% silver and 10% copper. The 1904 edition marked the final year of its original run, before being replaced by the Peace Dollar in 1921. It features Lady Liberty on the obverse side and an eagle on the reverse side. The coin is highly valued both for its historical significance and its silver content.

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