Value of 1902 Silver Morgan Dollar

Diameter: 38.10 mm
Mintage/Proof: 7994000 / 777
Weight: 26.73 grams
Metal: Silver
Worst
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Value
$15
I Own 1902 Morgan Dollars (1878-1921) in this Condition
Heavy Circ
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Value
$18
I Own 1902 Morgan Dollars (1878-1921) in this Condition
Average
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Value
$20
I Own 1902 Morgan Dollars (1878-1921) in this Condition
Light Circ
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Value
$24
I Own 1902 Morgan Dollars (1878-1921) in this Condition
Uncirc
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Value
$50
I Own 1902 Morgan Dollars (1878-1921) in this Condition

History, Information, and Value of 1902 Morgan Dollar

Value of 1902 Morgan Silver Dollar

The 1902 Philadelphia Mint dollar was the first issue to employ the C-4 reverse hub on all dies. The circulation strike quality of the 1902 Morgan Silver Dollar is usually above average, but the feather detail is not as sharp as on coins struck in earlier years. The luster ranges from satiny to dull. Proofs of the date are mostly reflective, the result of excessive polishing at the Mint. Cameo contrast is nearly non-existent for this date and any attractive Proof with even a modicum of cameo contrast and good eye appeal is a prize. Liberty’s details can be shallow, so look for strength in the devices.
Find These With No Effort: EF and AU can be located with not much trouble.
Look for a Strong Strike to Get the Most Out of This Coin: Plentiful in most grades right up to the gem category. The strike on this date can be dismal, so look for plenty of hair details above Liberty’s ear. The reverse is soft from the use of the new reverse with lighter feather details. MS-64 is an ideal grade for this date.

The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1902.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.

The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!

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