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2023 Morgan Silver $1 Dollar Coin NGC MS70

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Melt Value: 2023 Morgan Silver $1 Dollar Coin NGC MS70

This silver coin contains 0.858 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2023 Morgan Silver $1 Dollar Coin NGC MS70 is $19.99 based on today's silver spot price.

Prices Last Updated: Feb 21, 2024 06:58 am

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2023 Morgan Silver $1 Dollar Coin NGC MS70

The original Morgan Dollars were minted during a time when the United States was experiencing the rapid expansion of the western frontier. They were used for both everyday transactions and to store value, especially in regions where banking infrastructure was limited.

These commemorative issue MS70 coins are highly sought after by collectors and investors because of their perfect condition and they command the highest prices in the numismatic market.

The production of the original Morgan Dollars ceased in 1904 as a result of the Pittman Act, which required the melting and recoinage of millions of silver dollars. Production briefly resumed in 1921 to replace the older silver dollars that had been melted down prior to the successor being chosen.

The obverse of the coin features a profile portrait of Lady Liberty, often referred to as "Miss Liberty" in a Phrygian cap, a symbol of freedom and democracy. The reverse of the coin features an American eagle with outstretched wings, clutching arrows and an olive branch.

There are inscriptions on the front for the year date of minting as well as the Latin phrase 'E PLURIBUS UNUM', which translates to "Out of many, one", a slogan approved by Congress as representing statement regarding the creation of our country out of many different colonies.

The back includes inscriptions for the "United States of America", "One Dollar" and "In God We Trust".

2023 Morgan $1 Dollar Silver Coin Specifications:

  • Designed by Charles Morgan.
  • 0.858 troy oz. of .999 fine silver 
  • Limited Mintage
  • MS70 Condition
  • US Mint 23XF

Morgan Dollars are cherished by both numismatists (coin collectors) and precious metals investors. They hold historical and artistic appeal, and their silver content adds to their intrinsic value. Due to their popularity, they remain an important part of American coinage history.

NGC MS70 coins are often considered investment pieces because of their rarity and desirability. They tend to appreciate in value over time. The NGC grade helps to provide assurance to buyers and sellers that the coin's condition has been independently verified by a reputable third-party grading service.

Once NGC grades a coin, it is encapsulated in a tamper-evident, clear plastic holder. This protects the coin from further wear, damage, or environmental factors while allowing both sides of the coin to be viewed

NGC is a trusted organization that certifies that a coin is genuine. Buying an NGC-certified coin provides assurance to the buyer regarding its authenticity. NGC offers an online database where owners can verify the certification number of their coin. NGC-certified coins carry a premium in the marketplace because of the confidence buyers have in the certification.



2023 Morgan Silver $1 Dollar Coin NGC MS70 Specifications

Weight .858 oz
Country United States
Type Silver Coin
Mint US Mint
Year 2023
Purity .999 fineness


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