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If you have a large coin (38 mm) it's not gold. Morgan dollars were made of 90% silver but people often gold-plated them for use in jewelry, pendants, etc. Unfortunately the plating destroys any collectible value but the underlying silver is still worth about $14 as of 05/2010.

If you have a tiny gold $1 coin smaller than a dime, it's not a Morgan dollar - it's called an Indian Princess dollar and was designed by James Longacre, the same artist who created the Indian Head cent.

Please see the Related Questions for more information.

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15y ago

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Related Questions

How much is a 1885 Morgan dollar worth?

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What is the value of the 1885 dollar?

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What is the value of a us 1885 dollar coin?

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