1881 Morgan Silver Dollar

The Morgan Dollar was authorized under the Bland-Allison Act, which had authorized the purchase of large amounts of silver to be minted into silver dollars. Due to the required purchase levels, production took place at a level which was much higher than circulating demand for the denomination. This led to the stockpiling of uncirculated coins at various mints and Treasury buildings, which would ultimately have a significant impact of the survivability of certain issues of the series.

1881 Morgan Silver Dollar Worth

1881 Morgan Silver Dollar Mint Mark Location

1881 Morgan silver dollar value ranges from $24.11 to $25.60 for most circulated examples. With today's silver price theses old silver dollars are worth a nice minimum value. Also, pay particular attention to your coin's condition, top quality silver dollars are of great interest to collectors. Without a doubt you have a valuable coin. 1881-S Morgan Silver Dollar. Sold Out ( Temporarily ) Temporarily Sold Out.

1881 Morgan Silver Dollar No Mint Mark

1881 Morgan Silver Dollar Proof

The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver. The 1881 Morgan silver dollar was struck in large quantities at the Philadelphia mint. Quite a few bags were released in the 1950s and 1960s; indeed, so many that in 1955 one dealer offered rolls of 20 Uncirculated coins for $25, equivalent to $1.25 per coin. Today, circulated specimens are very common.

From 1878 to 1881, production would take place at the Philadelphia, Carson City, New Orleans, and San Francisco Mint facilities. Typically, the highest production took place at Philadelphia, and the lowest production took place at Carson City. As mentioned, the ultimate rarity for present day collectors was also impacted by the number of coins that were held in long term storage and not released for circulation. As such, mintages alone do not account for the availability of scarcity of each date and mint mark combination.

The early years of the series saw some slight variation in design. Initially, the heraldic eagle shown on the reverse had eight tail feathers and a flat breast. This was modified to have seven tail feathers visible and one of two alternate reverse types. The first had two parallel top arrow feathers and a concave breast. The other had a slanted top arrow and convex breast.

1881 Morgan Silver Dollar Value Chart

Find additional detailed information about the 1878 to 1881 Morgan Dollars: