1880 Morgan Dollar Value

In the current market, a 1880 Morgan Dollar changes hands for roughly $29.00 at the low end and $282 at the top, and its metal content alone is worth $28.23 as of 2026-06-01 Certified examples in top grades can run far higher.

Public domain image (struck or printed before 1926). Click to enlarge.

1880 Morgan Dollar value by grade

1880 Morgan Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$28.23
Good (G-4)$29.00 to $38.00
Very Good (VG-8)$29.00 to $39.50
Fine (F-12)$29.00 to $41.50
Very Fine (VF-20)$30.50 to $45.00
Extremely Fine (XF-40)$35.00 to $51.00
About Uncirculated (AU-50)$42.00 to $62.00
Mint State (MS-60)$53.00 to $77.50
Choice Unc (MS-63)$72.00 to $106
Gem Unc (MS-65)$192 to $282

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

Today's value of the 1880 Morgan Dollar

In worn but collectible condition (Good-4), a 1880 Morgan Dollar starts around $29.00. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $282. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1880 Morgan Dollar specifications

Series
Morgan Dollar
Year
1880
Mint mark
None (Philadelphia)
Mintage
12,600,000
Composition
90% silver, 10% copper
Weight
26.73 g
Diameter
38.1 mm
Edge
Reeded
Designer
George T. Morgan
Silver content
0.77344 troy oz

Mintage figure: US Mint reports (approximate).

Why this coin has no mint mark

The 1880 Morgan Dollar was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (On the reverse, just below the wreath bow and above the letters DO in DOLLAR), you are holding a Philadelphia issue.

Why the 1880 Morgan Dollar is worth money

12,600,000 pieces left the presses, so survivors remain plentiful. Pricing tracks bullion and grade, with gems carrying the only substantial premiums.

Every 1880 Morgan Dollar contains 0.7734 troy ounces of pure silver, currently worth $28.23. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.

There is history in a 1880 Morgan Dollar as well. The Morgan dollar is the most collected classic United States coin, struck from 1878 to 1904 and once more in 1921. That backdrop keeps the series among the most actively collected in American numismatics.

1880 Morgan Dollar inscriptions & design

Obverse

******* E.PLURIBUS.UNUM ****** 1880

Liberty, head l.

Reverse

UNITED STATES OF AMERICA/* ONE DOLLAR *

eagle standing. on arrows and laurel sprig., within wreath. motto above

Measured 1880 Morgan Dollar specimens

7 physically measured 1880 Morgan Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 26.73 g, 38.1 mm minting standard.

Measured 1880 Morgan Dollar specimens
SpecimenWeightDiameterDie axisReferences
1880 Morgan Dollar #1---Breen.5537
1880 Morgan Dollar #2---Breen.5556
1880 Morgan Dollar #3---Breen.5541
1880 Morgan Dollar #4---Breen.5548
1880 Morgan Dollar #5---Breen.5537
1880 Morgan Dollar #6-38 mm-Breen.5541
1880 Morgan Dollar #7---Krause.1084, Breen.5549

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1880 Morgan Dollar is valued between $29.00 and $282 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.