1884-O Morgan Dollar Value
A 1884-O Morgan Dollar is worth roughly $29.00 to $282 depending on its condition, and its metal content alone is worth $28.23 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1884-O Morgan Dollar value by grade
| Grade | Estimated 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.
How much is a 1884-O Morgan Dollar worth today?
Figure roughly $29.00 as the realistic floor for a damage-free, well-worn 1884-O Morgan Dollar, rising steadily through the grades to about $282 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $28.23 melt floor.
1884-O Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1884
- Mint mark
- O
- Mintage
- 9,730,000
- 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).
Where to look for the mint mark
Identifying a 1884-O Morgan Dollar hinges on one small letter: the "O" of New Orleans. On the reverse, just below the wreath bow and above the letters DO in DOLLAR Verify it before pricing the coin, because a 1884 from a different mint can be worth a very different amount.
The value drivers behind this coin
Silver content matters for the 1884-O Morgan Dollar: 0.7734 oz per coin, valued at $28.23 right now. The melt floor moves daily with the metals market and sets the minimum any dealer will pay.
With 9,730,000 struck, the 1884-O Morgan Dollar is one of the more available dates of its series. Its value rests on metal content and condition rather than absolute rarity, which makes it an ideal type coin.
Context adds the final layer to the 1884-O Morgan Dollar. Five mints struck Morgan dollars: Philadelphia, New Orleans, San Francisco, Carson City, and, in 1921 only, Denver. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1884-O 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.