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That depends on its mint mark and condition. Anything other than a CC (Carson City) mint mark with be worth its metal value if well worn, i.e. numismatic G to VG condition. Higher than that, the coin would have more value as a collector piece than for melting.

OTOH, if it is a CC-mint coin, its rarity makes its numismatic value many times higher than its metal value. See the prices at http://www.numismedia.com/fmv/prices/mordlr/pricesgd.shtml , for instance.

My own feeling is that unless the coin is a cull (really, really worn to the point where you can barely make out the design and date) I would be very reluctant to sell it for scrap metal. The Morgan design is one of the most classic images to appear on an American coin, and as the saying goes, they ain't makin' any more of 'em.

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Q: Is a 1890 us silver dollar more valuable as a metal or as a coin?
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What metal content in 1890 us silver dollar?

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An 1890 Morgan dollar is very common, circulated coins are $30.00-$37.00.


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1890 is a common date Morgan and is not rare or scarce.


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What is a worn 1890 silver dollar worth?

i will buy it for 5.00


What is the value of an 1889 and 1890 us silver dollar?

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If it has one, it's on the reverse above the DO in DOLLAR.


What is the value of an 1890 silver dollar with S mint mark?

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What is the value of an 1890 US 5 dollar silver certificate?

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