After months of volatility, the Morgan dollar market has stabilized according to major auction houses. Common date coins in circulated grades have returned to pre-2024 price levels.
Key dates and high-grade examples continue to command premiums. The 1893-S remains the most sought-after issue, with recent auction results exceeding estimates.
Market Analysis
Dealers report steady retail demand for Morgan dollars in the MS-63 to MS-65 range. These grades offer eye appeal without the premium of gem specimens. Beginning collectors often start with Morgan dollars due to their historic significance and availability.
CAC-approved coins trade at 10-15% premiums over non-stickered examples. Collectors seeking quality-verified pieces continue to favor the green bean designation.
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