1901-S Morgan Dollar Value
A 1901-S Morgan Dollar is worth roughly $31.00 to $706 depending on its condition, and its metal content alone is worth $28.23 as of 2026-06-01 Certified examples in top grades can run far higher.
1901-S Morgan Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $31.00 to $46.00 |
| Very Good (VG-8) | $35.00 to $51.00 |
| Fine (F-12) | $39.50 to $58.00 |
| Very Fine (VF-20) | $47.00 to $69.00 |
| Extremely Fine (XF-40) | $60.00 to $88.00 |
| About Uncirculated (AU-50) | $81.50 to $120 |
| Mint State (MS-60) | $120 to $176 |
| Choice Unc (MS-63) | $192 to $282 |
| Gem Unc (MS-65) | $480 to $706 |
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-S Morgan Dollar worth today?
Figure roughly $31.00 as the realistic floor for a damage-free, well-worn 1901-S Morgan Dollar, rising steadily through the grades to about $706 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $28.23 melt floor.
1901-S Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1901
- Mint mark
- S
- Mintage
- 2,284,000
- 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).
How to find the S mint mark
Flip your 1901 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 1901-S Morgan Dollar valuable
A mintage of 2,284,000 makes the 1901-S Morgan Dollar moderately available, though it is noticeably tougher than the bulk dates of the series, particularly in higher grades.
Beneath the numismatics of the 1901-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.
Context adds the final layer to the 1901-S 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 1901-S Morgan Dollar is valued between $31.00 and $706 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.