- Key: Key Date
- Year: 1901
- Mint Mark: No mint mark
- Type: Morgan Silver Dollar
- Price: $43.00-$425500.00+
- Face Value: 1.00 USD
- Produced: 6,962,000
- Edge: Reeded
- Silver Content: 90%
- Silver Weight: .7735 oz.
- Melt Value: $24.11
Notes: 813 proof Morgan Silver Dollars were issued at the Philadelphia min in 1901, and they seem to be selling for just under $3000. There are also some Morgan errors for 1901. Look for the Double Die Reverse errors, they are worth up $3,650 each. The 1901 P Morgan Silver Dollar is the most valuable Morgan ever minted at the Philadelphia mint. MS-65 1901 P Morgans are valued at $425,000 making this the 2nd most valuable Morgan in existance.
Mintages
How much is a 1901 Morgan Silver Dollar worth?
In Average Circulated (AC) condition it's worth around $43.00, one in certified mint state (MS+) condition could bring as much as $425,500 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1901, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].
Specs & Design
This coin has a total mass of 26.73 g, a diameter of 1.5 in, and a thickness of 2.4 mm. It's edge is Reeded, and the coins are composed of 90.0% Silver & 10.0% Copper.
Designer: George T. Morgan
Front (Obverse): Profile view of Lady Liberty looking to the left. The words "E Pluribus Unum" that translates to "Out of Many, One" referring to the many states that make the country the United States. The date is located at the center bottom. 13 stars circle the coin adjacent to the lettering. These represent the original 13 colonies.
Back (Reverse): The reverse is a bald eagle clasping arrows and an olive branch in its claws. This represents peace and war, as the United States is capable of both. The eagle's wings are spread out and it too is glancing to the left. The words "In God We Trust", "United States of America", and "One Dollar" are all present on the reverse as well.