1881 Silver Dollar Value
A worn 1881-S silver dollar sells for about $56–86: its silver value plus a small collector premium.
Uncirculated, that coin brings $96–146, and a certified MS65 brings $175–300. The 1881-CC is worth the most: about $350–550 even when worn.
It's worth more than face value even when worn. Compare it with the table and check for the varieties below before selling. The 1881-CC is worth the most in worn condition, so check the mint mark first.
Value by mint mark
| Coin | Made | Worn | Uncirculated | MS65 |
|---|---|---|---|---|
| 1881-CC | 296,000 | $350–550 | $575–850 | $850–1,400 |
| 1881-O | 5,708,000 | $58–86 | $101–156 | $850–1,400 |
| 1881 (no mint mark) | 9,163,000 | $56–86 | $96–146 | $450–700 |
| 1881-S | 12,760,000 | $56–86 | $96–146 | $175–300 |
Worn means a coin with normal wear from circulation. Uncirculated means no wear at all (MS60 to MS63). MS65 is a certified, near-flawless coin. Prices tied to silver update with the live silver price.
Find the mint mark
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
What it's made of
- 90% silver, 10% copper, 26.73 grams, 0.77344 troy oz of silver, worth $46.31 today
Varieties and errors to check
There are no widely collected varieties for 1881 silver dollars. Condition and mint mark are what set the value.
Condition matters
Most Morgan dollars are common; value comes from the mint mark, the year and how much wear the coin has. Carson City (CC) coins sell for more across the board.
Mintage
| Coin | Type | Mintage |
|---|---|---|
| 1881-CC | For circulation | 296,000 |
| 1881-O | For circulation | 5,708,000 |
| 1881 (no mint mark) | For circulation | 9,163,000 |
| 1881-S | For circulation | 12,760,000 |
Questions
Is a 1881 silver dollar silver?
Yes. Every 1881 silver dollar made for circulation contains 0.77344 troy ounces of silver. Its silver value moves with the silver price; the live figure is shown at the top of this page.
Which 1881 silver dollar is worth the most?
Among regular coins, the 1881-CC is worth the most, about $850–1,400 in MS65.
Where is the mint mark on a 1881 silver dollar?
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
Check real sales
Recent sold listings show what coins in your condition actually bring: see sold 1881 silver dollars on eBay.
More Morgan silver dollars: all years and mintages.
Values checked October 7, 2026 against several public price guides and auction results. How values work.