
Hello! That's a great question, as the value of these classic coins is based on a few factors.
When you're talking about the "scrap" value, you're referring to its melt value, which is the worth of the silver inside the coin. Based on the information provided, the current melt value of a silver dollar is $22.61.
This value is calculated based on the coin's silver content. A Morgan dollar, which was minted from 1878 to 1921, contains 0.77344 troy ounces of pure silver. The melt value is tied directly to the live spot price of silver, which fluctuates daily, so this price can change.
It is very important to keep in mind that this is only the base value for its silver content. Many Morgan dollars are worth significantly more to collectors due to their rarity, mint mark, and condition. Before selling a Morgan dollar for scrap, it's always a good idea to find out if it has any numismatic or collectible value, as that could be much higher than its melt value.


