1878-1921 Morgan Silver Dollar Melt Value - Coination

http://www.coination.com/coins/1878-1921-Silver-Morgan-Do...

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Last Update: October 07, 2011

1878 - 1921 Silver Morgan Dollar Value (United States)

U.S. MINT SPECIFICATIONS Denomination: Obverse Image: Reverse Image: Metal Composition: Total Weight: Comments: $1.00 Lady Liberty Eagle holding arrows and olive branch 90% silver, 10% copper 26.73 grams The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. [ ? ]

CALCULATING TODAY'S MELT VALUE (USD)

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1878-1921 Morgan Silver Dollar Melt Value - Coination

http://www.coination.com/coins/1878-1921-Silver-Morgan-Do...

Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value: $31.19 = .90 = $3.2919 = .10 = 26.73 = .0321507466 = .00220462262 = silver price / ounce on Oct 07, 2011. silver % copper price / pound on Oct 07, 2011. copper % total weight in grams ounce/gram conversion factor pound/gram conversion factor (see note directly below)

The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.

1. Calculate 90% silver value : (31.19 .0321507466 26.73 .90) = $24.1239204722

$24.1239 is the rounded silver value for the 1878-1921 silver Morgan dollar on October 07, 2011. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.

2. Calculate 10% copper value : (3.2919 .00220462262 26.73 .10) = $0.0193987

3. Add the two together : $24.1239204722 + $0.0193987 = $24.1433191722

$24.1433191722 is the total melt value for the 1878-1921 silver Morgan dollar on October 07, 2011.

Calculate coin worth using your own quantity and silver price values.

MINTAGE AND COLLECTIBLE VALUE (USD) The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition). Year 1878 S 1879 1879 CC 1880 1882 1884 1885 1887 1889 Mintage 9,744,000 14,807,100 756,000 12,601,335 11,101,100 14,070,875 17,787,767 20,290,710 21,726,811 Numismatic Value Range $32.00 - $3300.00 $30.00 - $4200.00 $155.00 - $7000.00 $30.00 - $500.00 $30.00 - $720.00 $31.00 - $2200.00 $30.00 - $300.00 $30.00 - $2000.00 $30.00 - $400.00

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1878-1921 Morgan Silver Dollar Melt Value - Coination

http://www.coination.com/coins/1878-1921-Silver-Morgan-Do...

1890 1901 O 1904 1921 1921 D 1921 S Many, many more. Coming soon.

16,802,590 13,320,000 2,788,650 44,690,000 20,345,000 21,695,000

$30.00 - $7800.00 $30.00 - $3900.00 $34.00 - $6200.00 $30.00 - $1200.00 $30.00 - $5400.00 $30.00 - $5800.00

If you're interested in learning more about grading coins, Photograde is an excellent resource.

EBAY AUCTIONS - SILVER MORGAN DOLLARS ONLY I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay. View all silver Morgan Dollar auctions or those with the least time left (below).

CHARTS Long-term metal price charts for the silver Morgan dollar:

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