Last Updated on May 27, 2022
The 1904 silver dollar is another year coin of the Morgan dollar series. These silver dollars designed by George T Morgan are among the most popular ones. They hold a special value in the collectors market and are difficult to find in mint condition.
If you are also looking to get the 1904 silver dollar, there is much to know about it. However, before getting your hands on the 1904 silver dollar, keep reading to understand many facts.
How Much Is A 1904 Silver Dollar Worth?
The 1904 silver dollar was produced in three mints, and the value of the coins produced in these mints is different. Therefore, you have to look at the coins of every mint differently. Knowing the worth will make it easier for you to decide which mint coin you want.
The 1904 silver dollars minted in Philadelphia have no mintmarks present and have a value of around $32 in good condition and $36 in very good condition. So for the fine and very fine condition silver dollars, you can get an estimated amount of $43 to $48. On the other hand, the extremely fine condition 1904 silver dollars are worth around $56.
In addition, the 1904 silver dollar in an uncirculated condition is worth about $117 with an MS-60 grade. However, the MS-65 uncirculated silver dollars are worth around $3,197.
The 1904 silver dollar with an O mintmark has a value of around $26 to $33 in very good condition. For the fine and very fine condition silver dollars, you can get around $38 to $44. On the other hand, the extremely fine condition silver dollar has a value of around $47.
But for the uncirculated condition of silver dollars, things change. For example, with an MS-60 grade, the coin is worth around $60, and $211 for an MS-65 grade.
The 1904 silver dollar with S mintmark has a value of around $60 to $64 in the good condition range. But for the fine and very fine condition coins, you can easily get around $83 to $97. The extremely fine silver dollars have an estimated value of about $233.
Lastly, the uncirculated condition 1904 silver dollars are worth around $2,560 with an MS-60 grade and $12,545 with the MS-65 grade.
How Much Is A Proof Coin Of The 1904 Silver Dollar Worth?
The proof coins are produced as a sample for the coins to check the dies and everything before starting the actual production process. After the original coins are produced and issued, the proof coins are kept for archival purposes.
The proof coin of the 1904 silver dollar holds a value of around $3,239.
What Is One The Obverse Side Of The 1904 Silver Dollar?
The obverse side of the coin is the heads side. On the obverse of the 1904 silver dollar, you can see the portrait of Liberty engraved right in the center. Above the portrait, there is “E. PLURIBUS. UNUM” engraved around the corners covering half of the obverse side.
In addition, under the Latin engraving, there are 13 stars. In the middle of the stars, near the edge of the silver dollar, there is the year “1904” engraved.
What Are The Specifications Of The 1904 Silver Dollar?
It is important to be aware of the specifications as they can help you analyze the 1904 silver dollar better. The specifications of a coin include its weight, diameter, thickness, and metal composition. All the factors help you when verifying the originality of the coin.
The 1904 silver dollar weighs around 26.73 grams and weighs 38.1 mm in diameter. In addition, the 1904 silver dollar is about 2.4 mm thick.
Lastly, the metal composition is the main factor that helps you calculate the melt value and many other things. Of course, you can get an idea from the name that it is made up of silver, but the amount is also important to know. For example, the 1904 silver dollar contains 90% silver and just 10% of copper.
Is There Any Melt Value Of The 1904 Silver Dollar?
The 1904 silver dollar is 90% silver and has a melt value as the silver bullion. Be it the coin of any mint or in any condition, the melt value will remain the same as only the silver will be extracted.
The melt value of the 1904 silver dollar is around $17.02.
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