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Morgan dollars are silver dollars of US origin. You can find the first minted pieces from 1878. The Morgan Dollars which are the rarest of the entire series include the 1889-CC, the 1893-S, and the 1895 Proof. The most rare of the three Morgan Dollars is the 1895 Proof coin. Only 880 of these silver dollars remain in existence today. According to the Red Book pricing guide, one 1895 Proof Morgan Dollars is valued at $36,000.