Most 1886 Morgan silver dollars are worth about $10 to $30. The value for uncirculated coins is much higher, and a uncirculated 1886 Morgan silver dollar from New Orleans can be worth upward of $1,000. Therefore, mint employees revived the Morgan silver dollar design that was used for part of the year until the Peace silver dollar dies were ready for production. Key Dates, Rarities, and Varieties. The Morgan silver dollars listed below are worth considerably more than common Morgan silver dollars in any condition. From the first year of mintage 1794 and ending with the Peace Dollar in 1935. Silver dollar values are listed for all dates, mintmarks and varieties. Coin Values Discovery Grading Old Silver Dollars | Video Index. Grading of coins is a necessary step when determining an accurate value. Grading videos cover the Morgan and Peace silver dollar series.