How much is a 1901 Morgan silver dollar worth?

Part of your 1901 Morgan silver dollar value rises and falls with silver value. Currently minimum value of your coin is $31.32 . A good example of how the value of your coin rises separately of silver is mintmarks. These small marks used to identify mints striking 1901 dollars each have a different value to a collector.

How rare is a 1901 dollar?

Mint State grades: While specimens remain in MS-60 to 62 grades to the extent of an estimated 750 to 1,500 pieces, at higher levels the 1901 dollar is a major rarity. Only about 100 to 200 MS-63 coins are known, just 10 to 20 in MS-64, and, possibly, only 2 to 4 in MS-65. Most Mint State 1901 dollars are poorly struck and have inadequate lustre.

Why are there no mintmarks on a 1901 silver dollar?

Scarcity and demand combine to raise the minimum value of 1901 silver dollars minted at the Philadelphia mint. An absence of a mintmark indicates the Philadelphia coin. Two other mints struck 1901 dollars; San Francisco used an "S" and New Orleans an "O" mintmark. Location of these marks is the area above the DOL in Dollar.