The Cheapest Real Morgan
This is a genuine Morgan dollar, 90 percent silver, struck by the US Mint between 1878 and 1904. It is graded cull, the bottom of the condition scale, which is why it sells for close to the value of the silver in it rather than a collector price.
Morgan’s Dollar
George T. Morgan designed the coin that carries his name, first struck in 1878 and produced through 1904. The obverse is a left-facing Liberty in a coronet ringed by stars; the reverse is a heraldic eagle with spread wings. Every Morgan of these years is 90 percent silver and 38.1 mm across, whatever shape the decades have left it in.
What “Cull” Means
Cull is the lowest grade a circulated coin sells at. These Morgans spent decades in tills and pockets, so expect heavy, even wear, and expect a problem on some coins: a rim ding, a deep scratch, dark or uneven toning, an old cleaning, sometimes a coin bent or scraped. On the worst of them Liberty’s hair and the eagle’s breast feathers are nearly flat and the date is faint but still readable.
You get a random common date between 1878 and 1904, pulled from stock. No date or mint mark picking, and no key dates. If a coin in the bin were rare, it would not be in the bin.
Each was struck as 0.7734 troy ounces of 90 percent silver in a 26.73 gram coin. Decades of wear rub a little of that away, so a cull can weigh slightly under the standard. We do not clean or dip the coins we sell. Some culls were cleaned by an earlier owner, which we cannot rule out, but we leave them as they came to us.
Why Buy a Cull
Strip away grade and a cull Morgan is still 0.7734 troy ounces of 90 percent silver in a full-size US dollar coin that any dealer knows on sight. It is close to the lowest-premium way to hold real Morgans or pre-1921 US silver, it stacks in 38 mm silver dollar tubes, and it carries the same design as coins worth many times more.
Specifications
A Morgan dollar measures 38.1 mm across, runs about 3.1 mm thick, and has a reeded edge. Struck weight is 26.73 grams at 90 percent silver, for 0.7734 troy ounces of silver content. The date is random and the coin is graded cull. Full details are on the Specifications tab.
Cull Morgan Dollar FAQ
What does “cull” mean for a Morgan dollar?
It is the lowest circulated grade. Expect heavy wear, and on many coins a problem such as a rim ding, a deep scratch, an old cleaning or a small bend. Culls are sold by their silver, not their grade.
Can I pick the date or mint mark?
No. You receive a random date between 1878 and 1904, in common dates only. No key dates and no date or mint mark selection.
How much silver is in a cull Morgan dollar?
Each was struck at 0.7734 troy ounces of 90 percent silver, in a coin of 26.73 grams. A heavily worn cull can come in a little under that struck weight.
Do you clean or dip these coins?
No. We do not clean or dip the coins we sell. Some culls were cleaned by a previous owner and we cannot always tell, but we do not do it ourselves.
Will a cull Morgan fit standard tubes and capsules?
Yes. It is the standard 38.1 mm silver dollar size with a reeded edge, so it fits 38 mm US silver dollar tubes and capsules.
Want a Morgan you can read at a glance? Browse our for coins graded above cull.
Real 90 percent silver, bottom of the grade scale, close to melt. Add the cull Morgan silver dollar to your cart.










Himanshu T (verified owner) –
Got 8 morgans. I loved the coin selection and they look rustic and old. They are offering better rates than other places. Thank you!
Jacob K (verified owner) –
These are beautiful pieces of history. No complaints.
shaphan.c (verified owner) –
Cull Morgan dollars. I received all pre21 dollars. Yes culls and weight less then fine or better but a great deal. Thank you Hero Bullion. Praise be to Jesus Christ