The value of your Morgan* dollar depends very much on its condition and mint mark:
"O" below the eagle - $35 if worn, $50 if moderately worn, $100 if like new
"S" - $45, $65, $115
No mint mark - $800, $1300, $2000
If your coin does not have a mint mark, you will need to have it inspected by a couple of experts to make sure it is not a counterfeit or altered coin.
(*) ALL U.S. coins have that motto, so its presence does not help to ID a coin. The date, mint mark, and denomination are the most important factors.
There's no difference. All silver dollars minted in 1894 used the Morgan design, named for the famous designer George T. Morgan.
"Eagle dollars" are modern bullion coins minted since 1986 for sale to collectors and investors. Their $1 denomination is artificial. A silver dollar from 1894 is called a Morgan dollar after its designer G. T. Morgan, and was struck for use in ordinary commerce. Please see the Related Question for values.
The motto E Pluribus Unum is on ALL U.S. coins so that doesn't help with specific identification. Please post a new question with the coin's denomination. Also see if you can find a small mint mark letter such as O or S.
The US did not make a gold dollar in 1894. They stopped production of the gold $1 coin in 1889.
The 1894 Morgan dollar is a key date coin. Even low grade coins have good retail value and start at $800.00 in G-4 and then jumps to over $1,000.00 in the next grade VG-8 and tops out at $2,810.00 in AU-58 the highest grade of circulated coins. If you actually have this coin I suggest you take it to a collector or dealer for a better idea of the value or even consider a third-party grading service.
Avg. price is around $10
There's no difference. All silver dollars minted in 1894 used the Morgan design, named for the famous designer George T. Morgan.
"Eagle dollars" are modern bullion coins minted since 1986 for sale to collectors and investors. Their $1 denomination is artificial. A silver dollar from 1894 is called a Morgan dollar after its designer G. T. Morgan, and was struck for use in ordinary commerce. Please see the Related Question for values.
An 1894 Silver Dollar is a rare date. Even with considerable wear its worth several hundred dollars (as long as its not worn almost smooth or damaged). If its got minor wear its value is between $1000 & $2000. If it has a mint mark on the back. An S or O beneath the tailfeathers, its worth considerably less but still more then an average silver dollar. If you mean the 18 is doubled that would be interesting. I'm not aware of that variety but if its authentic it could be worth more. Talking about authenticity, there are a lot of counterfeit 1894 silver dollars around. They are made in China and are quite good reproductions. You might want to send it into the "American Numismatic Association" ( ANAC) for verification that its real and grading. I think it costs about $20.
The motto E Pluribus Unum is on ALL U.S. coins so that doesn't help with specific identification. Please post a new question with the coin's denomination. Also see if you can find a small mint mark letter such as O or S.
There was no US trade dollar minted in 1894. Trade dollars are extensively counterfeited, particularly in the far east. The majority of these counterfeits have obvious inaccuracies (such as having a date that doesn't exist) but others are higher quality and may be struck in silver.
The US did not make a gold dollar in 1894. They stopped production of the gold $1 coin in 1889.
Benjamin Harrison created the policy named dollar diplomacy in 1894.
What is a 1894 Winchester 32 , serial # 876860 worth
The 1894 Morgan dollar is a key date coin. Even low grade coins have good retail value and start at $800.00 in G-4 and then jumps to over $1,000.00 in the next grade VG-8 and tops out at $2,810.00 in AU-58 the highest grade of circulated coins. If you actually have this coin I suggest you take it to a collector or dealer for a better idea of the value or even consider a third-party grading service.
Aspen, Colorado
Calculating for inflation, $15 in 1894 would be worth around $400 in 2007.