Odds are it's worth $15-20. The U.S. government made millions more silver dollars than were ever needed because of a powerful silver lobby. Hundreds of thousands have been found in modern times in uncirculated bank bags. Your early dollar may look great, but the dies were sharp back then and many people set them aside. It's harder to find a dime from that year! With silver around $17 per troy ounce, we buy most circulated Morgan and Peace dollars for $13-15 and sell them for $16-20 at shows. Of course coins with less wear or of a scarcer variety (e.g., an "8-tail feathers" specimen) command higher prices. But statistically speaking, chances are yours is a more common piece. We always like to see coins before citing value.