1921 is by far the most common date for Morgan dollars, currently worth just under $20 for the silver.
The melt value of a Morgan silver dollar is about $25.00
Current market value is $38.75 retail for this Morgan dollar
Current average market value is about $1,000.00 for a certified example.
Morgan dollars are silver, not gold.
The only value is if there is silver in it, if not no collection value at all.
Morgan silver dollars were not minted until 1878.
The Morgan Silver Dollar can range from $25 to $70, and the Peace Silver Dollar from $50 to $300.
Is it a Morgan Silver dollar? Try Aboutdot.coins
The 1887 Morgan silver dollar is very common. Circulated coins are valued at $30.00-$40.00.
Assuming this is a MORGAN SILVER DOLLAR in circulating condition and no mint mark ,the value is approximately $38.00.
The value of 1889 Morgan silver dollar replica ranges from $23.01 to $26.76
While the colorization might appeal to a select market, the defacement of the coin destroys any and all collector value, so the only remaining value is that for the silver content. As of 2 March 2013, a 1921 Morgan dollar is worth $22.