1884-S Morgan Dollar Value
A 1884-S Morgan Dollar is worth roughly $53.00 to $2,470 depending on its condition, with a hard melt-value floor of $28.23 as of 2026-06-01 Certified examples in top grades can run far higher.
1884-S Morgan Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $53.00 to $77.50 |
| Very Good (VG-8) | $67.00 to $99.00 |
| Fine (F-12) | $86.50 to $127 |
| Very Fine (VF-20) | $120 to $176 |
| Extremely Fine (XF-40) | $180 to $265 |
| About Uncirculated (AU-50) | $264 to $388 |
| Mint State (MS-60) | $408 to $600 |
| Choice Unc (MS-63) | $720 to $1,059 |
| Gem Unc (MS-65) | $1,680 to $2,470 |
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-S Morgan Dollar worth today?
Figure roughly $53.00 as the realistic floor for a damage-free, well-worn 1884-S Morgan Dollar, rising steadily through the grades to about $2,470 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $28.23 melt floor.
1884-S Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1884
- Mint mark
- S
- Mintage
- 3,200,000
- 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).
Locating the mint mark on this coin
Flip your 1884 Morgan Dollar over and locate the "S". On the reverse, just below the wreath bow and above the letters DO in DOLLAR That single letter separates the San Francisco issue from its siblings and can move the price substantially.
What makes the 1884-S Morgan Dollar valuable
At 3,200,000 struck, this is a better date: not a legendary rarity, but clearly harder to locate than the common issues, especially with sharp detail and original surfaces.
Beneath the numismatics of the 1884-S Morgan Dollar sits 0.7734 troy ounces of silver, $28.23 worth at today's spot price. When silver rallies, even the most common dates of this series rise with it.
Few series carry the following that supports the 1884-S Morgan Dollar. The Pittman Act of 1918 melted over 270 million pieces, reshaping the rarity of several dates overnight. A coin that thousands of collectors are actively assembling into sets never lacks for a market.
Summary: the 1884-S Morgan Dollar is valued between $53.00 and $2,470 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.