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Part 5 of 12 · Key Dates & Errors

Key Date Silver Dollars: Morgan, Peace & Trade

The holy grails of dollar collecting — 1893-S Morgan, 1928 Peace, Trade dollar rarities.

By Dwight Ringdahl · March 9, 2026 · 5 min read

Morgan Dollar Key Dates

  • 1893-S — $4,000+ (G). The undisputed king. 100,000 mintage.
  • 1895 (Proof only) — $30,000+. No business strikes known.
  • 1889-CC — $500+ (G). Scarce Carson City issue.
  • 1879-CC — $200+ (G). Early CC date.
  • 1892-S — $150+ (G). Rare in Mint State.
  • 1894 — $100+ (G). Low Philadelphia mintage.
  • 1903-O — Common in MS (Treasury hoard) but scarce circulated. $300+ in G, $400 in MS-63.

Peace Dollar Key Dates

  • 1928 — $300+ (VF). Only 360,649 minted at Philadelphia.
  • 1921 High Relief — $100+ (VF). First-year high relief design.
  • 1934-S — $30+ (VF), $3,000+ (MS-65). Major condition rarity.

Trade Dollar Key Dates

  • 1878-CC — $400+ (VF). Last Carson City Trade dollar.
  • 1884 and 1885 Proof only — $100,000+. Only 10 and 5 known respectively.

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Introduction to Error Coins.

This guide is for educational purposes. Where official standards, grading services, organization memberships, or legal requirements apply, consult the primary authority named in the references below or the relevant government agency.

Reviewed on February 21, 2026 by the US Coin Shows editorial team. Editorial policy

Frequently Asked Questions

What is the most valuable Morgan dollar?

The 1893-S ($4,000+ in Good, mintage 100,000) is the most valuable regular issue. The 1895 Proof-only ($30,000+) is called the King of Morgan Dollars.

What is the key date Peace dollar?

The 1928 with only 360,649 minted at Philadelphia. Worth $300+ in VF.