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What Are Silver Dollars Worth? Peace, Morgan & Eisenhower Values

Matt Pavia By Matt Pavia  ·  2026-07-07  ·  6 min read
Rare silver dollars including Morgan and Peace dollars at Haven Coin and Jewelry in Hamden, CT
Morgan, Peace, and other silver dollars — the date and mint mark combination determines whether you have a common coin or a rare key date.

How much is a silver dollar worth today?

Silver dollars are worth anywhere between $47 and $1,000,000. Most silver dollars (about 95%) are worth $47, trading primarily based upon their silver content. Silver Dollars are composed of 90% silver which most local coin shops will use to calculate a per item price and multiply that by the quantity of coins you have. Silver dollars can also be worth significantly more depending on condition and rarity. Condition is determined on a 70 point scale created by William Sheldon, if the coin is a rare date and uncleaned you can expect an offer 15-20% back of market price determined by greysheet and eBay. The best way to have your coins evaluated is by bringing them into Haven Coin and Jewelry where our team will walk you through exactly what silver dollars you have carry a premium.

How do you tell which silver dollar you have?

Morgan dollars are distinct coins made between 1878 and 1921. The quickest way to identify a silver dollar is to look at the date and the obverse design. If the date is 1921 and before you have likely found yourself a morgan dollar, the morgan dollar has a distinct lady liberty face on the obverse that if facing left and has a beautiful bouquet in her hair that consists of two heads of wheat and two cotton blossoms. Peace dollars on the other hand were created between 1921 and 1935. The Peace dollar was designed by Sculptor Anthony de Francisci who used his wife as a model for the portrait for the obverse. The coin depicts lady liberty with a lovely pointy crown and flowing hair with an eagle perched on the reverse. Ike Dollars often get conflated with Morgan and Peace Dollars. Eisenhower dollars, more commonly known as "Ike Dollars" were made between 1971 and 1978 to commemorate Apollo 11 and President Eisenhower. These are typically not silver and just worth their face value, however, the 1971-1976 San Francisco mint Ike Dollars were made of 40% silver and are worth their value in precious metal content.

What are Peace dollars worth?

Peace Dollars can be worth $47 - $1,000,000. A vast majority of peace dollars are worth their weight in silver given the 90% silver composition. Common dates in average to below average grades will be priced in accordance with the current silver melt value. Dealers typically pay about 15-20% back of the "melt" silver value of the coin. Some dates however, are worth big money, such as the 1921 high relief and the 1928. These coins in uncirculated condition can bring thousands. These coins should be graded and priced in accordance with greysheet and recent comparable sales. Expect a dealer to make a 15-20% margin on these coins.

Are Eisenhower dollars worth anything?

Most Eisenhower dollars known as "Ike Dollars" are worth their face value. Given their recency and volume in production alongside a lack of precious metals you can buy or sell most for about $1.25. If you have them in quantities of over 500, you will have an easier time selling them to local coin shops like Haven Coin and Jewelry. The value exception for Ike Dollars are the 40% silver versions that were made between 1971-1976 by the San Francisco mint. These trade for the precious metal content and do not carry a numismatic premium, though they're still a neat piece of history.

What about Susan B. Anthony and Sacagawea dollars?

While Susan B. Anthony and Sacagawea dollars are commemorative coins, they do not carry a premium above the face value. In fact, most of the time they are brought into a local coin shop the expert will encourage them to spend the coins or bring them to their bank in exchange for cash. Both coins were made in such quantity that they are easy to find and don't carry a numismatic premium.

Values below are typical retail ranges for circulated coins as of July 2026, with silver at roughly $61 per ounce. Uncirculated and high-grade coins can be worth several times more — which is exactly why we evaluate every coin individually.

Type Years What to look for Typical value (circulated)
Morgan dollar (common dates) 1878–1904, 1921 90% silver — melt floor ~$47 $50–$70
Morgan dollar (Carson City) 1878–1893 "CC" mint mark under the eagle $200–$500+
Morgan dollar (key dates) 1889-CC, 1893-S, 1895 Date + mint mark combination $1,000–$5,000+ even worn
Peace dollar (common dates) 1922–1935 90% silver — melt floor ~$47 $48–$65
Peace dollar (key dates) 1921, 1928 1921 is the high-relief design $150–$450
Trade dollar 1873–1885 Heavily counterfeited — authentication matters $200–$500+ if genuine
Eisenhower dollar (clad) 1971–1978 From circulation, no silver content $1–$3
Eisenhower dollar (40% silver) 1971–1976 "S" Sold in Mint packaging, "S" mint mark $18–$30
Susan B. Anthony dollar 1979–1999 No silver content Face value–$2
Sacagawea & Presidential dollars 2000–present No silver content Face value

Silver spot price ~$61/oz as of July 2026. Values shift with the silver market and coin condition — bring your coins in for a free, current evaluation.

How does silver's spot price set the floor for your dollars?

Common silver dollars will always have a "floor price" due to their 90% silver content. An example using July 7th 2026 silver spot price of $61 looks like this. Spot price ($61) x .7734 (pure silver content in ozt per coins) x quantity of coins. Expect coin dealers to make a 15-20% margin on silver dollars. For a deeper look at how silver melt value works and how spot price translates into what you're paid, our guide breaks down the math in full.

Where can you sell silver dollars in Connecticut?

Haven Coin and Jewelry is a reputable Connecticut coin buyer who buys silver dollars everyday. The company pays very competitive prices and can buy in any quantity ranging from one coin to thousands.

FAQ: Silver dollar values

Is an 1889 silver dollar rare?

1889 Morgan silver dollars with a Carson City mint mark on the reverse are one of the most coveted Morgan dollars that can be worth many thousands of dollars in good condition. The Philadelphia 1889 Morgan silver dollars are worth much closer to the melt value in average conditions.

Are silver dollars from the 1970s real silver?

In the 1970s the United States did not make any silver dollars. The last silver dollars made by the United States were the peace dollars made in 1935. In the late 90's the US began striking commemorative silver dollars which are 90% silver and worth looking out for.

Should I sell as a set or individually?

Silver dollars can be sold individually or as a set, the price really does not change much. One important thing to note is that if you have a very large quantity of dollars, some local coin shops will buy them in bulk without looking for better dates. It is very important to ask a coin expert to look for better dates when selling as you may be sitting on a key date worth hundreds of dollars.

What does the mint mark on a silver dollar mean?

Mint marks of silver dollars denote where the coin was struck. When looking at the reverse of a silver dollar you should look for a small "S," "O," or "CC." The "S" mint mark represents San Francisco, "O" New Orleans, "CC" Carson City, and no mint mark is Philadelphia. Some mint marks and dates can be a very rare combination and are worth bringing into a local coin shop like Haven Coin and Jewelry.

Matt Pavia, Founder of Haven Coin & Jewelry

Written by

Matt Pavia

Founder & Owner, Haven Coin & Jewelry

Matt Pavia is a licensed Connecticut precious metals dealer, ANA member, and GIA-trained appraiser with 8 years of experience buying coins, gold, and jewelry. He founded Haven Coin & Jewelry in Hamden, CT in 2025 and is insured through Lloyd's of London.

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