I have long been a collector of Morgan silver dollars, minted from 1878-1905 and 1921.
Each coin contains .90 oz. pure silver. The value of these coins is mostly based on two things.
One is the mintage, from 44 million to as low as 100,000. The other item is the condition.
A coin in very good condition compared to the same coin in Mint 66 could vary by thousands of dollars.

This coin may look used and worn. It however is non-circulated. The scratches are from being thrown in a 70 lb cloth bag at the mint. That is how they transported them. Of course in all the moving around inside the bag, scratches occurred on almost all coins even before they were released to the public.

These coins also bring back the wild west days for me when miners where looking for both gold and silver mines in streams and tunnels. Wild times compared to how gold and silver is mined today.