1904 O [VAM-31] Morgan Dollar — Coin Value
Morgan DollarWhat the 1904 O [VAM-31] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).
1904 O [VAM-31] Morgan Dollar value — Ungraded $61. Prices updated August 2026.
Live on eBay right now
Which version do you have?
For the cheapest way to own a 1904 O Morgan Dollar, buy the Standard for $74. The premium versions offer distinct collecting value; VAM-38 commands the highest price at $90, while VAM-4B and VAM-31 offer incremental scarcity above the base. Buyers focused purely on ownership should choose Standard, whereas serious collectors seeking superior grading or specific rarity should invest in the higher-priced VAM variants.
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Item details
- Series
- Morgan Dollar
- Year
- 1904
- Mint
- O
1904 O [VAM-31] Morgan Dollar value
A raw (ungraded) 1904 O [VAM-31] Morgan Dollar runs around $61, a certified MS62 about null, and a high-grade MS66 commands null.
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
| Condition | Value | Based on |
|---|---|---|
| Ungraded | $61 | eBay sold comps |
Frequently asked questions
- What is the current estimated resale value for this ungraded 1904 O Morgan Dollar?
- As an ungraded coin, its value is determined by market demand, but it represents a collectible piece from the 1904 series.
- Is the mint mark 'O' significant for this Morgan Dollar?
- Yes, the 'O' mint mark indicates where this 1904 Morgan Dollar was struck, which is a key identifier for collectors.
- Why should I buy this coin ungraded?
- Buying it ungraded allows you to assess its condition firsthand before committing to a purchase in the 1904 series.