Early Silver Dollars USA Coin Book Estimated Value of Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $66 to $ or. Just below the ribbon tying the base of the wreath is either an "S" for the San Francisco mint, or an "O" indicating New Orleans. If none is found your coin was. The designer was George T. Morgan for PCGS # Visit to see edge, weight, diameter, auction records, price guide values and more for this coin. Extremely Fine: Wear has started to diminish small details of the hair just behind Liberty's ear and forehead. It will have a sharp strike, and full, attractive luster. For collectors, it is only going to be increasingly difficult to acquire a Morgan simply because fewer and fewer of them are going to be on the market with 1902 dollar coin passing year. Once rounded, the front of 1902 dollar coin neck and cheek below the eye are now noticeably flattened 1902 dollar coin wear and abrasions. Grading the Morgan Silver Dollar For coins that are as old as the Morgan Silver Dollar, biggest coin condition of the coin means everything to collectors. The majority of Liberty is without detail.