1904 O [VAM-38] Morgan Dollar — Coin Value
Morgan DollarWhat the 1904 O [VAM-38] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).
1904 O [VAM-38] Morgan Dollar value — Ungraded $90. 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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Price data verified against · 1
Item details
- Series
- Morgan Dollar
- Year
- 1904
- Mint
- O
1904 O [VAM-38] Morgan Dollar value
A raw (ungraded) 1904 O [VAM-38] Morgan Dollar runs around $90, 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 | $90 | eBay sold comps |
Frequently asked questions
- What is the current market value for an ungraded 1904 O Morgan Dollar?
- The current market value for this Ungraded 1904 O Morgan Dollar is $90.
- Is the "O" mint mark significant for this coin?
- Yes, the "O" mint mark indicates this specific coin was struck at the appropriate mint facility for the 1904 Morgan Dollar series.
- What is the general condition of this coin?
- The coin is listed as Ungraded, meaning it has not yet received a formal professional grading assessment.