1901-O Morgan Dollar Value
A 1901-O Morgan Dollar is worth roughly $29.00 to $282 depending on its condition; the melt floor under every example is $28.23 (spot prices as of 2026-06-01) Certified examples in top grades can run far higher.
1901-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 1901-O Morgan Dollar worth today?
Figure roughly $29.00 as the realistic floor for a damage-free, well-worn 1901-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.
1901-O Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1901
- Mint mark
- O
- Mintage
- 13,320,000
- 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 is the mint mark on a 1901 Morgan Dollar?
Flip your 1901 Morgan Dollar over and locate the "O". On the reverse, just below the wreath bow and above the letters DO in DOLLAR That single letter separates the New Orleans issue from its siblings and can move the price substantially.
What collectors pay for in a 1901-O Morgan Dollar
A 1901-O Morgan Dollar is real bullion as well as a collectible: 0.7734 troy ounces of fine silver, or about $28.23 of metal value in every example, regardless of condition.
With 13,320,000 struck, the 1901-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.
There is history in a 1901 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.
Summary: the 1901-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.