AboutMyCoinMelt value of 1885 Proof Morgan Dollar (No Mint Mark)
What is the melt value of an 1885 proof Morgan dollar with no mint mark?
An 1885 proof Morgan dollar with no mint mark contains 0.7734 troy ounces of silver, so its melt value is $49.79 at a silver price of $64.38 per troy ounce.
Silver melt value
$49.79
0.7734 troy oz silver × $64.38 per troy ounce
$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC
Melt value is what the silver is worth, not necessarily what you can sell it for. But it's a good baseline. Worked at full mint weight, so a worn lot comes to slightly less. A mint roll of dollars is 20.
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins. What spot price is.