American Silver Eagle Coin 1878-s MS60

US Morgan Silver Dollar 1878 to 1921

You have a silver dollar designed by a man named George Morgan, so collectors call coins like yours Morgan Dollars. They are highly prized collectibles. 

 To figure the value of a US Morgan silver dollar, start with its basic silver value. As the US dollar weakens, the price of silver goes up, and big silver coins start to get substantial valuable from silver content alone. Each Morgan silver dollar coin contains 0.773 troy ounces of silver. Using a web site like kitco.com, you can find the current price of silver per troy ounce, then multiply that price by 0.773 to calculate the base value of the coin, then add $3 or so to account for the fact that it's a US silver dollar. The value can't go lower than that. For instance, if the value of silver is $40 per troy ounce, the base silver value would be 0.773 x 40 + 3 = $34. If the value of silver is $20 per ounce, the base silver value is $18.50