Ungraded vs MS66 1904 Morgan Dollar: price difference
1904 Morgan Dollar value — Ungraded $65 vs MS66 $5500. MS66 sells for 84.62× Ungraded (+8362%). Prices updated July 2026.
Medians of real sold listings per grade, updated July 2026 — how we compute values.
MS66 sells for 84.62× (+8362%) the Ungraded price — a $5,435 difference per coin.
MS66 sells for 21.32× (+2032%) the MS62 price — a $5,242 difference per coin.
Should you get this coin graded?
Grading runs about $30 per coin all-in. On 1904 Morgan Dollar, the jump from Ungraded to MS66 is worth $5,435 (84.62×) — if your copy grades at the top, that premium can cover the fee. A grade below the top one changes the math, so run your exact numbers first.
Run the grading break-even math →Values are estimates from real sales data — not appraisals or offers. Some links earn JunkPal a commission at no cost to you (disclosure).