Ungraded vs MS62 1904 [PROOF] Morgan Dollar: price difference
1904 [PROOF] Morgan Dollar value — Ungraded $3838 vs MS62 $6515. MS62 sells for 1.7× Ungraded (+70%). Prices updated July 2026.
↗ Rising · +190%
Medians of real sold listings per grade, updated July 2026 — how we compute values.
Ungraded vs MS62
$3838→$6515
MS62 sells for 1.7× (+70%) the Ungraded price — a $2,677 difference per coin.
Should you get this coin graded?
Grading runs about $30 per coin all-in. On 1904 [PROOF] Morgan Dollar, the jump from Ungraded to MS62 is worth $2,677 (1.7×) — 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).