Sell Morgan Dollars in Austin
Every Morgan and Peace dollar evaluated individually. Key dates researched against current auction records. No bulk pricing. By appointment in Austin.
(737) 200-7042Morgan dollars are the most widely collected series in US numismatics. The combination of abundant common dates, genuine key date rarities, and strong collector demand across all grade levels makes Morgans one of the most important areas of our business. We evaluate every coin individually because the difference between a common date and a key date can be thousands of dollars in the same circulated grade.
Austin-area sellers with Morgan and Peace dollar collections, whether a handful of coins from a family collection or a significant bag of circulated silver dollars from an estate, receive the same careful individual evaluation. We do not bulk price Morgan dollars. Every coin gets its proper assessment.
Morgan and Peace Dollars We Purchase
Common Date Morgans
High-mintage dates like 1881-S, 1884-O, 1885-O, and 1921 in all circulated grades. Priced at a percentage of current silver spot or modest numismatic premium depending on grade.
Key Date Morgan Dollars
1893-S, 1895 (proof), 1889-CC, 1879-CC, 1880-CC, 1892-CC, 1893-CC, 1893-O, 1901. These require individual research against current population data and auction records.
Peace Dollars (1921 to 1935)
All years and mintmarks. Common dates in VF-EF grades priced near silver spot. The 1921 High Relief, 1928, 1934-S, and 1935-S carry collector premiums above melt.
Carson City Morgans (CC Mint)
Carson City mint dollars carry collector premiums reflecting the Nevada mint's romantic association with the Comstock Lode era. Most CC dates command premiums above common O and P mint examples in the same grade.
GSA Morgan Dollars
General Services Administration Morgans released in the 1970s from original Treasury bags. Original GSA hard plastic holders with certificates are prized and can command premiums in strong grades. We evaluate GSA coins in and out of their original holders.
Proof Morgan Dollars
Proof Morgans were struck from 1878 through 1904 in small quantities for collectors. The 1895 is proof-only with no business strike. Proof coins require careful grading and comparison to certified examples.
Uncirculated and Mint State Morgans
Uncirculated Morgans from bank rolls, original mint bags, and cleaned-up estate finds. Grades from MS60 through MS68 are evaluated using PCGS and NGC population reports and recent auction realizations.
Circulated Morgan Dollars
Circulated Morgans from Good through AU grades. Common dates at or near silver melt. Better dates and strong grades can carry significant premiums depending on current collector demand.
How Morgan Dollar Buying Works
Call to Schedule
Call (737) 200-7042 to schedule your appointment. If you have a large quantity or believe you may have significant dates, mention it so we can schedule adequate time.
Individual Coin Evaluation
Every Morgan and Peace dollar is examined individually. Date, mintmark, grade, surface quality, and die variety are all assessed. We do not price Morgans as a bulk lot.
Written Offer
You receive a written offer showing what we pay for each individual coin or grade tier. For key dates, we show the auction records that support our price.
Cash or Wire Same Day
Accept the offer and receive payment immediately by cash or same-day wire. Larger transactions completed by wire transfer.
Morgan and Peace Dollars: A Brief History
Morgan dollars were produced from 1878 to 1904 and again in 1921 at mints in Philadelphia, New Orleans, San Francisco, Carson City, and briefly Denver. The 26.73 gram, 90% silver coins were struck as the US government tried to satisfy silver mining interests through the Bland-Allison Act and later the Sherman Silver Purchase Act. Hundreds of millions were minted but many were never circulated, sitting in Treasury vaults for decades before being sold.
The 1893-S is often called the “King of Morgans.” With a mintage of only 100,000 coins and heavy circulation losses, it is genuinely rare in any grade. An 1893-S in Good-4 has sold for over $50,000 at auction. In MS65, the price reaches into the hundreds of thousands.
Peace dollars replaced Morgans beginning with the 1921 High Relief design and ran through 1935. The 1921 Peace dollar, struck in high relief similar to the Saint-Gaudens gold coinage, is a different coin in design from the lower-relief 1922 through 1935 issues. The 1928 Philadelphia issue had a low mintage of 360,000 coins and trades at significant premiums in any grade.
Frequently Asked Questions
The 1921 Morgan dollar had a mintage of over 86 million coins, the highest of any Morgan date. In circulated grades (VG through XF), common 1921 Morgans are priced near silver melt, currently $23 to $30 per coin depending on grade. In uncirculated MS63 to MS65, the value climbs to $75 to $300. The 1921 is common even in high grades due to the large mintage and the fact that many were stored in bank bags and released in near-mint condition decades later.
Almost always, yes. Carson City Morgans carry collector premiums reflecting the Nevada mint's historical association and the relatively lower mintages compared to New Orleans and Philadelphia. The premium varies significantly by date. An 1883-CC in VF-XF might command a modest premium over a common O-mint date. An 1889-CC in any grade commands a major premium. Carson City is a key consideration for every Morgan evaluation.
In the early 1970s, the US Government Services Administration sold millions of Morgan dollars from original Treasury bags. These were sealed in clear plastic holders with individual certificates. Original unopen GSA Morgan holders are collectible in their own right. The key dates within GSA releases, particularly 1879-CC, 1880-CC, 1881-CC, 1882-CC, and 1884-CC, can be quite valuable. We evaluate GSA coins whether in or out of their original holders, but intact original holders typically receive a premium.
Morgan dollars were minted from 1878 to 1904, then again in 1921. They feature the Liberty head design by George T. Morgan on the obverse and a perched eagle on the reverse. Peace dollars replaced Morgans beginning in late 1921 and ran through 1935. They feature a Liberty head with a radiate crown by Anthony de Francisci on the obverse and a perched eagle on the reverse. Both contain 0.7735 troy ounces of silver. Peace dollars generally trade at similar values to common Morgans, with specific key dates commanding premiums.
Usually a modest amount more. Even a very common 1884-O Morgan in VG condition tends to sell for a few dollars above its silver melt value because of collector demand. The premium grows in higher grades. A common date in MS63 typically commands a numismatic premium of 50 to 100 percent above melt. An MS65 of the same date might trade at 300 to 600 percent of melt. The coin's collector appeal is separate from its silver content.
Key dates in the Morgan series include 1893-S, 1895 (proof only), 1889-CC, 1879-CC, and several others. Call us at (737) 200-7042 and describe what you have. If you can read the date and mintmark, we can tell you over the phone whether it warrants careful evaluation. Do not attempt to grade or clean the coin. Just bring it in and let us examine it.
Ready to Sell Your Morgan Dollars?
Monday–Saturday · 10am–6pm
(737) 200-7042Appointment required · Call to schedule · Cash or wire same day