How Much is a Silver Dollar Worth?
Pre-1935 US Silver Dollars (like Morgan Dollars and Peace Dollars) contain 90% silver and 10% copper. Each coin weighs 26.73 grams, meaning it contains exactly 0.7734 troy ounces of pure silver.
Melt Value vs. Numismatic Value
Unlike common 90% silver dimes or quarters, Silver Dollars almost always carry a numismatic (collectible) premium. A Morgan Dollar in excellent condition can be worth hundreds of dollars, far above its basic melt value. Always check the mint mark and year before selling a silver dollar for scrap!