As of 2014, an 1884 Morgan silver dollar may be worth from $27.19 to more than $4,000, depending on the condition of the coin and its mint mark. The minimum price of a Morgan silver dollar is based on the melt value of the silver contained in the coin.
The most valuable 1884 Morgan silver dollars are those minted in San Francisco, California, one of which sold in 2010 for $4,657. An uncirculated 1884 Morgan silver dollar minted in Carson City, Nevada, may be worth $151, while those from Philadelphia, Pennsylvania, and New Orleans, Louisiana, are valued at $43.31. Good condition coins from Carson City are worth more than those from the other facilities.