Morgan Silver Dollars Worth More than Melt Value

microscopic image of rare silver morgan dollar doubled die reverse coin

The Most Valuable Silver Morgan Dollars

macro image of a Morgan Silver Dollar VAM variety and error coin with value

The most valuable Morgan Silver dollars, minted from 1878 to 1921, are captivating pieces of American numismatic history. 

 

Beyond their silver value, certain errors and varieties within the Morgan dollar series are highly sought-after by coin collectors.  They’re the type of coins you want to cosign with an auctioneer to sell.

morgan silver dollars

VAM Varieties of Morgan Dollars Worth More than Silver Melt Value

Plus, VAMs are designated varieties worth a lot more than just silver melt value.  Keep scrolling to learn all you need to know about Morgan dollar specifications and current market value.  Check out this clip of Pawn Stars with a silver coin owner not ready to part with his own investment first.

Morgan Dollar Value Guide

Year / Mint Variety Name 2026 Value (MS65+) Market Trend
1878-P 8 Tail Feathers (VAM 9) $2,350+ Trending Up
1888-O "Scarface" (VAM 1B) $2,800+ Stable High
1891-CC "Spitting Eagle" (VAM 4) $3,800+ High Demand
1900-O O over CC (VAM 7) $1,450+ Rare Strike
1921-P "Pitted HE" Variety $850+ Collector Fav
Clashed Die Errors on Morgan Dollars

A die clash error occurs when a die collides with another die that isn’t holding a planchet.  The design elements from the clashed die become faintly impressed on the next coin minted, creating a ghostly image.  

 
Microscopic image of rare morgan dollar VAM featuring a die clash

Clashed die errors on Morgan dollars may be subtle or prominent, and their value depends on the clarity of the clash marks and the specific dies involved, as well as condition of the coin.

Weight Verification of Morgan Dollars

Morgan Silver Dollars fetch impressive prices. Every authentic Morgan Silver Dollar weighs exactly 26.73 grams with a tolerance of ±0.5g for wear. The standard diameter is 38.1 mm. Weigh it using a digital coin scale because it helps discover the wrong planchet errors as well as detect any counterfeit Morgan Dollar coins.

Silver Dollar VAM Varieties

A significant category of Morgan dollar rarities falls under the umbrella of VAM (Van Allen Mallis) varieties. These varieties encompass subtle die imperfections, doubled elements, or repunched mintmarks of distinctive characteristics create additional value.

Eight Tail Feathers VAM Variety

The 1878-P 7/8 Tail Feathers variety features a Morgan dollar with eight tail feathers on the reverse instead of the usual seven, as noted in the image above.

The 8TF designation refers to the eight tail feathers on the eagle depicted on the reverse of the coin, which was a mistake in the die that was soon fixed, causing a few varieties of Morgan Dollars. 

Microscopic image of a silver morgan dollar featuring doubling of liberty on the obverse of the coin

Identifying VAMs requires up close examination with a magnifying glass or loupe, and it’s worth the investment as some varieties are incredibly valuable.

microscopic image of doubling of the stars on the obverse of an 1878 morgan dollar doubled die coin error

Morgan Dollar Doubled Dies

Morgan dollar doubled dies occur when a mishap during the minting process results in a design element being struck twice on the coin. This creates a slightly offset or second impression of the design appearing alongside the regular strike.  There are two main types of doubled dies to look for on silver Morgan dollars.  Don’t forget to look for them on 1964 silver quarters known for valuable transitional errors!

Morgan Dollar Doubled Die Obverse

First is the Doubled Die Obverse (DDO.)   This variety involves a doubling of elements on the obverse (front) of the coin, which typically features Lady Liberty.  Moreover, look for doubling of Liberty’s tiara, facial features, stars, or the motto IN GOD WE TRUST and/or the date of the coin. 

Doubled Die Coins More Valuable than Silver Melt Value

Next is a Doubled Die Reverse (DDR.)  In other words, the doubling affects elements on the reverse (back) of the coin, showcasing the American eagle.  Doubled eagle feathers, arrows, and/or lettering within the wreath, or the denomination ONE DOLLAR are where to look for doubled elements on Morgan dollars worthy money.

Coin Roll Hunting Tips

First, do Your Research by familiarizing yourself with known varieties and errors before purchasing coin rolls of Morgan Dollars, because it’s not a cheap investment!  You must be dedicated to the tasks involved.  Numerous resources like books, blogs, online forums, and auction results can be valuable tools.  Bookmark this page too!

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For capturing the high-resolution detail of the 8 Tail Feathers or VAM Varieties, a Digital Microscope is the gold standard. Rarity is important.

 

Plus, consider the overall condition of the coin, which significantly impacts its value. A common date error in poor condition may be less valuable than a more common flawless Morgan dollar. 

Go on the hunt through original bank wrapped rolls or any newly released dates of silver dollar coins to find mint error and variety coins yet undiscovered and still in mint state condition. Attach a finder’s fee to the value and don’t short change your time and efforts.  Next check out this rare Silver Franklin Half Dollar!

Afterwards, check out this silver quarter to search for in pocket change.  This website is a partnered associate and contains affiliate links, which enable me to earn commissions from various partners. Full disclosure is available here. Partners include ebay, Amazon, Google Adsense, and others.