Silver Market Update:
The silver market is currently in backwardation, meaning wholesale BID prices are trading considerably below the ASK spot prices that the following rates are based upon.
As a result, our actual buy prices for physical silver are lower than published here. For current rates, please call 952-830-1400 or stop by our office.
Looking to sell US Silver dollars?
We’re always in the market to buy. We offer transparent, up-to-date pricing.
Grading Silver Dollars
While our Buy Prices are listed below a brief primer and a basic understanding in the grading of Silver Dollars is helpful.
Uncirculated Condition: No trace of wear. Full mint luster. Minimal contact marks.
Almost Uncirculated Condition (AU): Slight Trace of wear. Mint luster is present.
Extra Fine Condition (XF): A circulated coin with most major detail still present.
Very Good/Very Fine Condition (VG/VF): An obviously circulated coin with some details still apparent and no damage.
Cull/Worn Condition: A coin with major damage or excessive wear including rim damage, bent coins and polished and cleaned coins.
Retrieving Data...
1904 & Prior Morgan Dollars
(Years of issue: 1878-1904)
The Morgan Dollar series contains many better date coins and should be reviewed carefully for dates and conditions. Some of the basics to look for when checking for better dates include any coins bearing a “CC” or Carson City mint mark (located on the reverse and below the eagle’s tail) and coins from the years 1892-1895. A full and exhaustive list of better date coins and conditions is too extensive to discuss here.
Be aware that values can vary greatly from coin to coin. Your 1904 and Prior dated Morgan dollars should be evaluated by a numismatic professional to determine the value of better dates or coins in better condition.
1921 Morgan Dollars: The 1921 Morgan dollars were struck in Philadelphia, Denver and San Francisco. If uncirculated, or close to uncirculated, the “D” and “S” mint marked coins may bring a premium. In the grades of XF and lower, all varieties generally trade at the same price level. The coins minted in 1921 are the most common of the Morgan dollars.
Peace Dollars
(Years of issue: 1921-1935)
The 1921 Morgan dollars were struck in Philadelphia, Denver and San Francisco. If uncirculated, or close to uncirculated, the “D” and “S” mint marked coins may bring a premium. In the grades of XF and lower, all varieties generally trade at the same price level. The coins minted in 1921 are the most common of the Morgan dollars.
