Q. David Bowers
The February 1963 issue of The Numismatist showed the unsettled state of the Morgan dollar market for certain previously rare issues. The Montrose Coin Gallery offered an Uncirculated 1903-O dollar for $125, B.M. Douglas charged $35 for the same quality, and Bernard Gimelson was selling them by the rolls (20 coins) for $1,000 per roll-equal to $50 per coin.
In the April 1963 issue of The Numismatist, Harry J. Forman, Philadelphia, offered this parade of newly-released New Orleans dollars singly and in rolls at the following prices.
1889-O Unc.$2.50 each $40.00 per roll
1890-O Unc. $2.50 each, $40.00 per roll
1891-O Unc. $3.50 each, $45.00 per roll
1892-O Unc. $6.50 each, $90.00 per roll.
1898-O Unc, $2.00 each, $35.00 per roll.
1899-O Unc. $2.00 each, $30.00 per roll.
1900-O Unc. $2.00 each, $30.00 per roll.
1901-O Unc, $2.00 each, $30.00 per roll.
1902-O Unc. $1.75 each, $27.50 per roll.
1903-O Unc, $25.00 each, $475.00 per roll.
1904-O Unc. $2.00 each, $32.00 per roll.
In the April 1963 issue of The Numismatist, the Silver Center, San Francisco, offered Uncirculated Morgan dollars at the following prices.
This fairly extensive listing gives a view of market prices after the Treasury release had been in effect for several months. As time went on, it was evident that very few Carson City dollars were included. No one knew that those in the Treasury Building in Washington, D.C., were still there and would be held back for later sale; most people thought they were all gone.
1878 7/8 TF. Unc. $4.25.
1878 8 TF. Unc. $2.25.
1878 7 TF. Unc. $2.00.
1878-CC Unc, $4.75.
1878-S Unc. $1.75.
1879 Unc. $1.75.
1879-CC Unc. $100.00.
1879-O Unc. $4.50.
1879-S Unc. $3.50.
1880 Unc. $1.75.
1880-CC Unc, $18.00.
1880-O Unc, $5.00.
1880-S Unc. $3.00.
1881 Unc. $1.50.
1881-CC Unc. $28.00.
1881-O Unc. $7.50.
1881-S Unc. $3.00.
1882 Unc. $1.50.
1882-CC Unc. $12.00.
1882-O Unc. $8.00.
1882-S Unc. $3.00.
1883 Unc. $1.50.
1883-CC Unc. $11.00.
1883-O Unc. $3.00.
1883-S Unc. $10.00.
1884 Unc. $1.75.
1884-CC Unc. $13.00.
1884-O Unc. $3.50.
1884-S Unc. $12.00.
1885 Unc. $1.50.
1885-CC Unc. $17.00.
1885-O Unc, $3.00.
1885-S Unc. $3.25.
1886 Unc. $1.50.
1886-O Unc, $15.00.
1886-S Unc. $12.00.
1887 Unc. $3.50.
1887-O Unc, $9.00.
1887-S Unc. $7.00.
1888 Unc, $2.00.
1888-O Unc. $3.25.
1888-S Unc. $18.00.
1889 Unc, $1.50.
1889-CC Unc, $333.00.
1889-O Unc. $2.00.
1889-S Unc. $18.00.
1890 Unc. $2.00.
1890-CC Unc. $10.00.
1890-O Unc, $6.00.
1890-S Unc. $3.75.
1891 Unc. $3.25.
1891-CC Unc. $11.00.
1891-O Unc. $9.00.
1891-S Unc. $4.25.
1892 Unc. $7.50.
1892-CC Unc. $24.00.
1892-O Unc. $14.00.
1893 Unc. $12.00.
1893-CC Unc, $77.00.
1893-O Unc. $56.00.
1894 Unc. $50.00.
1894-O Unc. $14.00.
1894-S Unc. $20.00.
1895-O Unc. $50.00.
1895-S Unc, $150.00.
1896 Unc. $1.50.
1896-O Unc. $6.00.
1896-S Unc. $65.00.
1897 Unc. $1.50.
1897-O Unc. $6.00.
1897-S Unc, $4.00.
1898 Unc. $1.50.
1898-O Unc. $2.50.
1898-S Unc. $12.50.
1899 Unc. $5.50.
1899-O Unc. $2.00.
1899-S Unc. $20.00.
1900 Unc, $1.50.
1900-O Unc, $2.00.
1900-S Unc. $10.00.
1901 Unc. $22.00.
1901-O Unc. $2.00.
1901-S Unc. $20.00.
1902 Unc, $1.75.
1902-O Unc. $2.00.
1902-S Unc. $23.00.
1903 Unc. $1.75.
1903-O Unc. $40.00.
1903-S Unc. $62.00.
1904 Unc. $11.00.
1904-O Unc. $2.00.
1904-S Unc. $56.00.
1921 Unc. $1.50.
1921-D Unc. $2.00.
1921-S Unc. $2.75.