1901 Morgan Silver Dollar

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.

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.

Yes! Morgan Dollar's produced in 1901 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. Silver weight is measured in troy ounces. Troy ounces weigh about 2 grams more than the standard ounce. CoinTrackers has built a tool that will let you know if your coin is silver or not. The tool is called Is My Coin Silver?.