1904 Morgan Dollar — Coin Value

Morgan Dollar

What the 1904 Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1904 Morgan Dollar value — Ungraded $65 · MS62 $258 · MS66 $5,500. Prices updated July 2026.

Series · Morgan DollarYear · 1904
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Value by grade
$65
Ungraded
4.0×
$258
MS62
84.6×
$5,500
MS66

Real sold prices per grade — the MS66 premium on this card is 84.6× raw.

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Which version do you have?

For the cheapest way to own a 1904 Morgan Dollar, buy the Standard version at $64. The PROOF ($3982) and VAM-9 ($142) versions offer premium features like superior minting or grading, reflecting higher scarcity and quality. Casual collectors should stick to the Standard, while serious investors seeking top-tier condition or collectible pedigree should consider paying for the PROOF or VAM-9.

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Item details

Series
Morgan Dollar
Year
1904

1904 Morgan Dollar value

A raw (ungraded) 1904 Morgan Dollar runs around $65, a certified MS62 about $258, and a high-grade MS66 commands $5500.

What drives the price

Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.

Price guide

What this actually trades for — sold values by condition vs. what sellers are asking today

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ConditionValueBased on
Ungraded$65eBay sold comps
MS62$258eBay sold comps
MS66$5,500eBay sold comps

Frequently asked questions

What is the approximate value of an ungraded 1904 Morgan Dollar?
An ungraded 1904 Morgan Dollar is valued around $80.
How much more is an MS66 graded coin worth compared to an MS62?
An MS66 1904 Morgan Dollar is valued at $5434, compared to $243 for an MS62.
What is the series and year of this specific Morgan Dollar?
This coin is a Morgan Dollar from the year 1904.

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