Silver Dollar Melt Value: Morgan, Peace and Eisenhower
Enter how many Morgan or Peace dollars and how many 40% Eisenhower dollars you have, add today's silver price, and see the silver content and melt value.
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Melt value
$
Enter a price and a quantity.
Sample price, not live.
- Silver content
- troy oz
Melt value = (Morgan and Peace × 0.7734 oz + Eisenhower × 0.3161 oz) × spot price.
How much is a Morgan dollar worth in silver?
A Morgan or Peace dollar is 90% silver, weighs 26.73 g and holds 0.7734 troy oz of silver, a little over three-quarters of an ounce. The silver in one dollar is the number in the “At your price” column for 1 coin once you enter a price.
| Coins | Troy oz | At sample $50.00 | At your price |
|---|---|---|---|
| 1 | 0.7734 | $38.67 | — |
| 10 | 7.7340 | $386.70 | — |
| 100 | 77.3400 | $3,867.00 | — |
| Coins | Troy oz | At sample $50.00 | At your price |
|---|---|---|---|
| 1 | 0.3161 | $15.81 | — |
| 10 | 3.1610 | $158.05 | — |
| 100 | 31.6100 | $1,580.50 | — |
Figures marked “sample” use a made-up price of the stated amount so you can check the arithmetic. They are not today’s price.
At the sample price of $50.00 per ounce, one Morgan or Peace dollar holds $38.67 of silver and one 40% Eisenhower dollar $15.81.
Eisenhower dollars: only some are silver
NGC lists the 40% silver Eisenhower dollar at 24.59 g and 0.3161 troy oz of silver, for the collector issues dated 1971 to 1976. Other Eisenhower dollars are not silver. Another published list gives a shorter range of years for the same coin, so check the coin in your hand against the specific issue before you count it as silver.
Melt is a floor, and sometimes a low one
Silver dollars are more likely than dimes or quarters to be worth more than melt, because key dates and high grades attract collectors. This page does not give collector prices. If a coin might be a scarce date, look it up in the NGC price guide or the PCGS price guide, or have it graded, before you sell it for its silver.
Melt value is the value of the metal at the spot price. It is a reference point, not an offer. A dealer usually pays less than melt, and some coins sell for more than melt because collectors want them. This site does not buy or sell coins or give advice on either.
A dealer’s offer can be compared with melt on the dealer offer check. Dollars are also a separate line on the junk silver calculator, because a dollar of face value in Morgan or Peace dollars holds 0.7734 oz, not the 0.7234 oz in dimes, quarters and halves. Half dollars are on their own page.
Sources
- NGC, Coin Melt Values: composition, weight and silver content per coin.
- MetalCharts, Silver Coin Melt Values: cross-check of weights and silver content.