Gold: $2386.99  |  Silver: $31.17

1901 Morgan Silver Dollar

1901 Morgan Silver Dollar Value
1901 Morgan Silver Dollar

Coin Info

Melt Value
$24.11
Country
United States
Type
Silver Coin
Metal Content
0.77344 t oz
Face Value
$1 USD
Mintage
22,566,813

1901 Morgan Silver Dollars present some minor challenges to passive collectors of the series as well as die-hard Morgan Dollar connoisseurs. First, the 1901 Morgan Dollar poses a financial challenge to many coin collectors, particularly in the higher grades. Second, the 1901 doubled die reverse is a major variety that attracts both date-and-mintmark collectors as well as those that VAM (Leroy C. Van Allen and A. George Mallis) enthusiasts seek. The unique doubled die reverse was caused by a misalignment between the hub and die in one of the early blows.

The 1901 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1901, are rare which makes them expensive.

1901 Morgan Silver Dollar Mintage Figures

  •          1901: 6,962,000; $75+
  •          1901 Doubled Die Reverse: mintage included above; $500+
  •          1901-O: 13,320,000; $35+
  •          1901-S: 2,284,000; $50+
  •          1901 Proof: 813; $4,000+

The 1901 Morgan Silver Dollar is a scarcer coin in the upper grades than mintage numbers alone may indicate. In fact, in Mint State 65 on the Sheldon Coin Grading Scale, a 1901 Morgan Dollar easily sells for several thousand dollars. So, it goes without saying that you should purchase any 1901 Philadelphia Morgan Dollar in a slab, as the coin is frequently counterfeited, most commonly by removing the mintmark off a 1901-O or 1901-S dollar. You may need to exercise a great deal of patience if you are intent on buying a 1901 Philadelphia Morgan Dollar, as the demand for the any uncirculated versions of that issue far outstrips the available supply.

1901 Morgan Silver Dollars for Sale

Other Years From This Coin Series: