How much is my old Morgan or Peace silver dollar worth?

Every Morgan dollar (1878-1904 and 1921) and Peace dollar (1921-1935) is 90% silver, so even a worn one is worth at least its silver content. Most circulated examples of common dates sell close to that melt value plus a modest collector premium. The real money is in the exceptions: scarce date and mint mark combinations, coins in high grades with original luster, and certain branch mint issues.

Look for the mint mark. On a Morgan it is on the reverse below the wreath; on a Peace dollar it is on the reverse near the eagle's wing tip. No mark means Philadelphia. Then note the condition honestly. Wear on the high points of the hair and eagle, scratches, and cleaning all pull value down sharply.

Check sold prices for your exact date, mint mark and grade from completed auctions, not asking prices. If you have several, or one looks nearly new, have a coin dealer or auction company look at them before you sell any for silver value.