Price Guide for 1904 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $22.00 – $11,000.00Uncirculated: $3.00 – $17,625.00
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eBayCirculated: $13.09 – $920.00Uncirculated: $32.11 – $5,000.00
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PCGS Price GuideCirculated: $32.00 – $475.00Uncirculated: $150.00 – $40,000.00
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3rd Party PriceCirculated: $3.15 – $3,800.00Uncirculated: $12.50 – $39,950.00
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eBayCirculated: $27.00 – $306.00Uncirculated: $0.01 – $3,299.00
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PCGS Price GuideCirculated: $34.00 – $175.00Uncirculated: $75.00 – $43,500.00
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3rd Party PriceCirculated: $3.00 – $6,500.00Uncirculated: $575.00 – $70,500.00
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eBayCirculated: $24.54 – $2,150.00Uncirculated: $242.50 – $8,900.00
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PCGS Price GuideCirculated: $47.00 – $3,200.00Uncirculated: $3,300.00 – $87,500.00
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3rd Party PriceCirculated: $800.00Uncirculated: $32.00 – $19,200.00
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eBayUncirculated: $28.00 – $1,361.00
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PCGS Price GuideUncirculated: $125.00 – $21,000.00
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3rd Party PriceCirculated: $5,463.00Uncirculated: $9,200.00 – $14,950.00
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3rd Party PriceCirculated: $184.00 – $5,463.00Uncirculated: $5.75 – $34,075.00
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eBayCirculated: $1,053.00 – $2,150.00Uncirculated: $31.00 – $4,901.00
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PCGS Price GuideCirculated: $900.00 – $1,800.00Uncirculated: $2,200.00 – $55,000.00
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3rd Party PriceUncirculated: $282.00 – $19,550.00
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eBayCirculated: $225.00 – $650.00Uncirculated: $69.95 – $1,999.95
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PCGS Price GuideUncirculated: $800.00 – $26,500.00
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3rd Party PriceUncirculated: $2,645.00 – $54,625.00
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eBayCirculated: $45.00
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PCGS Price GuideUncirculated: $2,250.00 – $70,000.00
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3rd Party PriceUncirculated: $139.00
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eBayCirculated: $245.00 – $475.15Uncirculated: $47.00 – $435.00
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eBayUncirculated: $175.00
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eBayCirculated: $36.00 – $319.00Uncirculated: $105.50 – $405.00
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3rd Party PriceUncirculated: $144.00
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eBayCirculated: $117.50 – $231.50Uncirculated: $37.50
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eBayCirculated: $14.50Uncirculated: $362.70 – $450.00
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eBayUncirculated: $245.50 – $550.00
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3rd Party PriceCirculated: $425.00Uncirculated: $30.00 – $12,337.50
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eBayUncirculated: $124.00 – $1,211.11
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PCGS Price GuideUncirculated: $160.00 – $27,500.00
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eBayUncirculated: $21.50 – $995.00
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eBayUncirculated: $100.00 – $170.50
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eBayUncirculated: $82.50
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3rd Party PriceUncirculated: $125.00
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eBayUncirculated: $46.00 – $2,500.00
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eBayCirculated: $13.87Uncirculated: $56.07 – $825.00
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eBayUncirculated: $70.98 – $296.00
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3rd Party PriceUncirculated: $138.00
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3rd Party PriceUncirculated: $84.00 – $998.75
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eBayUncirculated: $32.00 – $989.00
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PCGS Price GuideUncirculated: $100.00 – $875.00
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eBayUncirculated: $162.50
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3rd Party PriceUncirculated: $561.00
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eBayUncirculated: $52.00 – $405.00
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eBayUncirculated: $455.00
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eBayUncirculated: $62.00 – $364.00
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eBayUncirculated: $65.00 – $265.00
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eBayCirculated: $18.59 – $22.72Uncirculated: $53.95 – $221.95
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eBayUncirculated: $59.88 – $586.06
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eBayUncirculated: $56.00 – $181.50
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eBayUncirculated: $699.99
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eBayUncirculated: $67.59 – $124.95
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eBayCirculated: $138.99Uncirculated: $68.32 – $695.00
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eBayUncirculated: $140.00 – $1,530.56
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eBayUncirculated: $48.00 – $716.00
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eBayCirculated: $91.00Uncirculated: $64.00 – $109.99
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eBayUncirculated: $57.49 – $152.00
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eBayUncirculated: $86.00
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eBayUncirculated: $50.00 – $1,050.00
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eBayUncirculated: $49.00 – $68.00
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eBayCirculated: $24.74Uncirculated: $165.99 – $1,701.00
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eBayUncirculated: $109.95
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3rd Party PriceUncirculated: $139.00 – $189.60
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eBayUncirculated: $52.00 – $530.00
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eBayUncirculated: $36.00 – $159.99
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eBayUncirculated: $40.00 – $220.00
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eBayCirculated: $117.50Uncirculated: $60.00 – $107.78
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eBayUncirculated: $47.07 – $79.97
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eBayUncirculated: $45.98 – $144.50
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eBayUncirculated: $160.00
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eBayUncirculated: $35.00 – $479.95
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eBayUncirculated: $99.00 – $338.00
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3rd Party PriceUncirculated: $780.00
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3rd Party PriceCirculated: $863.00 – $1,823.60Uncirculated: $1,210.00 – $30,550.00
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eBayCirculated: $949.62
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PCGS Price GuideUncirculated: $3,500.00 – $45,000.00
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3rd Party PriceCirculated: $228.00
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3rd Party PriceUncirculated: $3,910.00
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eBayCirculated: $26.55
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eBayCirculated: $32.12 – $49.00
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eBayCirculated: $23.73 – $47.00
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eBayCirculated: $34.00 – $78.60
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3rd Party PriceUncirculated: $4,320.00 – $51,700.00
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PCGS Price GuideUncirculated: $15,000.00 – $72,500.00
Design and Specifications of the 1904 Dollar
The 1904 Morgan Silver Dollar represents one of the final years of regular production for this iconic American coin series. Designed by George T. Morgan, it had been in circulation since 1878. The Morgan Dollar played a crucial role in the late 19th and early 20th century American economy, particularly in the western states where silver mining was a significant industry.
| Weight | 26.73 grams |
|---|---|
| Diameter | 38.1 mm |
| Mint Marks | O, S |
| Composition | 90% silver, 10% copper |
| Obverse Design | Liberty Head (Morgan Dollar), designed by George T. Morgan |
| Reverse Design | Heraldic eagle with wings spread, designed by George T. Morgan |
Rarity Factors and Value Drivers
The condition of 1904 Morgan Dollars significantly impacts their value. While common in circulated grades, these coins become increasingly valuable in higher mint state conditions. Coins graded MS65 and above are particularly desirable and command substantial premiums.
Key factors affecting condition include:
1. Strike quality: Well-struck coins with full detail are more valuable.
2. Luster: Coins with original mint luster are highly prized.
3. Contact marks: Fewer bag marks or contact marks increase value.
4. Toning: Natural, attractive toning can enhance value for some collectors.
Mintage: 2,788,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Relatively common in grades up to MS64, but scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, popular among collectors as a type coin
Mintage: 3,720,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Somewhat scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, slightly higher demand than Philadelphia mint
Mintage: 2,304,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate to High, particularly for well-preserved specimens
Additional factors influencing the value of 1904 Morgan Dollars include:
1. Mint mark: San Francisco (S) mint coins often command a slight premium.
2. Historical significance: As one of the last years of regular Morgan Dollar production, 1904 coins hold special interest.
3. Overall eye appeal: Coins with exceptional visual appeal can command premiums beyond their technical grade.
4. Certification: Coins graded and authenticated by reputable third-party grading services typically sell for higher prices.
While not as rare as some key dates in the Morgan Dollar series, high-grade 1904 specimens are sought after by collectors aiming to complete date and mint mark sets or those seeking prime examples of late-issue Morgan Dollars.
