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Assuming the coin is circulated, the 1904-O Morgan dollar is common and the most plentiful of all the New Orleans Mint Morgan dollars. For an accurate assessment of value the coin needs to be seen and graded. In general retail values for low grade coins are $17.00-$19.00, better grade are $21.00-$22.00 and coins showing almost no wear run from $25.00-$30.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.

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15y ago

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