Silver dollar melt value: compare 4 types

ORIGINAL MORGAN / PEACE · EACH

$38.80

24.057 g fine silver · 0.7734 ozt

Spot price · Nov 2, 1:22 PM UTC · gold-api.com

Silver dollars do not all contain the same silver. Original Morgan and Peace dollars, 40% Eisenhower collector dollars and one-ounce Silver Eagles each use a different standard.

Value your silver dollars

Use original 1878–1904 or 1921 issues. Modern Morgan dollars have a different silver content.

Silver price: $50.17 per troy ounce

Spot price · Nov 2, 1:22 PM UTC · gold-api.com

YOUR COIN LOT

$38.80

24.057 g fine silver

Silver dollar content and melt value

Original standard weight · measured-weight entry is available above
Coin / issuePublished mass (g)Fine metal (ozt)Melt / coin
Morgan dollar26.730.7734$38.80
Peace dollar26.730.7734$38.80
Eisenhower dollar · 40% silver24.5920.3163$15.87
American Silver Eagle31.1031$50.17

Which Eisenhower dollars contain silver?

1971-S silver Eisenhower dollar · both sides

1971-S silver Eisenhower dollar · both sides

Photo: Windrain · CC0 1.0 · resized
  • Match the silver collector issue, not an ordinary clad circulation dollar.
  • An S mintmark and the Eisenhower portrait do not by themselves establish silver content; confirm the original product or composition.

The 1971–1974 and 1776–1976 silver collector issues use the 40% silver standard: 24.592 g gross with 9.837 g silver. Ordinary Eisenhower circulation dollars are copper-nickel clad. Some S-marked proofs are clad too, so confirm the silver version before counting it.

American Silver Eagle: one fine troy ounce

2021 Silver Eagle proof · Type 2 reverse

2021 Silver Eagle proof · Type 2 reverse

Photo: U.S. Mint; reverse design by Emily Damstra · Public domain · resized
  • ONE DOLLAR and 1 OZ. FINE SILVER identify the one-ounce silver issue.
  • The reverse changed in 2021; earlier Silver Eagles still contain one fine troy ounce.

The Walking Liberty design is shared with the half dollar, but ONE DOLLAR and 1 OZ. FINE SILVER identify the Silver Eagle. Its stated silver content is 31.103 g, or 1 fine ozt. Use the stated fine ounce for this issue rather than the standard for an older dollar.

Non-silver dollars and modern collector issues

A dollar denomination is not proof of silver content. Modern Morgan and Peace collector reissues use a different specification from the original .900 coins; Susan B. Anthony and ordinary modern dollar circulation coins contain no silver.

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