The main mint in Philadelphia did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints. History of the 1889 Morgan Silver Dollar. Confirming the uncirculated grade is mint luster remaining on the entire surface, including her chin, neck line and hair below and above the ear. Morgan Dollars. Silver Content: 90% Light overall wear defines an 1898 Morgan silver dollar in extremely fine condition. About 1898-S $1 MS Morgan Dollars. The Morgan Silver Dollar was by no means the first dollar coin produced by the US Mint, but is by far one of the most popular. ... *MAKE-A-$130 OFFER= 1898 UNC MORGAN SILVER DOLLAR MINT DEEP SEA BLUE TONED GEM. The United States Mint in Philadelphia struck the first Morgan silver dollars in 1878. The United States Mint … All of the 1895 plain Morgan silver dollars were proofs. The 1898 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. Silver Melt: $19.65 Many heavily worn 1898 examples exist, most priced at silver bullion. First issued a little more than a decade after the bloody Civil War that ripped America in two, the Morgan series helped to give a new identity to a unified nation. The United States Mint was founded in 1792 and manufactures circulating, collectible, and bullion coinage. Add in its San Francisco origin and the combination greatly raises value. … 1878 Morgan Silver Dollar. It was finally reopened in 1879, when it began striking Morgan Silver Dollars with the ‘O’ mint mark. Each must be evaluated as to its collector appeal. Type: Morgan Silver Dollar Year: 1892 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 1,036,000 Silver Content: 90% Silver Weight:.7735 oz. No mint mark. 1887-CC, 1888-CC, 1878-O, 1902-CC, or any Morgan with a D mint mark other than the 1921, are but one problem when it comes to counterfeits, but it's the most easiest to discern once you know the appropriate dates and mint marks … The table below presents the mintage figures for each date and mint mark combination for the Morgan Dollar … No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Condition Rarity and 1899 Morgan Silver Dollar Value Many 1899-S Morgan dollars are available to collectors today. Have one to sell? There are three main factors that contribute to the value of an 1878 Morgan silver dollar: the grade, the mint mark… The value chart shows the "S" mintmark is worth more in all of the condition classes. Nowadays, these pieces are incredibly popular for collectors. Silver dollars minted at the Philadelphia mint, which did not use a mintmark, lead in value and rarity. The original separation of Liberty's hair and forehead has worn away. Additional Info: There were only 735 proof Morgan Silver Dollars minted in 1898 at the Philly mint. The main mint in Philadelphia did not use a mintmark. The 1898 Morgan silver dollars have value as both numismatic coins and as silver bullion. Type: Morgan Silver Dollar Year: 1898 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 5,884,000 Silver Content: 90% Silver Weight:.7735 oz. Over the life of the coin series, the mint produced it at five different mints: Philadelphia (no mint mark). Opens image gallery. (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Morgan Silver Dollar Coins worth more to a collectors may be a better long term investment. It is an excellent index with images and text links to all coin series, from Cents to Gold. Purchasers … Fine: Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to "fine" condition. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Free shipping . Shipping handled in-house. Why add the Mint State 64 1898-O Morgan Silver Dollar to your collection? To judge condition and arrive at an accurate value of your 1898 dollar see the "grading" section below. Type: Morgan Silver Dollar Year: 1890 Face Value: $1.00 Composition: 90% silver, 10% copper Silver Weight:.77344 oz. Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1898 Morgan silver dollar value. These areas are the first to wear and exhibit a dull and smooth texture once in circulation. Uncirculated Silver Morgan Dollars 1878-1921, Silver PCGS Certified Morgan Dollars (1878-1921), U.S. Mint Silver 1901 Year Morgan US Dollars (1878-1921), 1879 Silver Morgan US Dollars, 1889 Year Morgan US Dollars, Roll Of Morgan Silver Dollars, morgan silver dollar book The king of the Morgan silver dollars is the 1895 plain (no mint mark), which has a starting price of $20,000 in average circulated condition. Her ear still shows, however hair above and behind is smooth and connecting to her cheek. Your 1894 dollar is one of the least encountered years of all the Morgan series. 1898: Denom: $1 / Silver dollar Desg: MS: Mint Mark: P: Mint Location: Philadelphia: Mintage: 5,884,000: Coinage Type: Morgan: Coinage Years: 1878-1921: Composition: 90% silver; 10% copper: Strike Type: Business: Diameter: 38.1 mm: Weight: 26.73 gr: Designer: George T. Morgan: … Why add the Mint State 64 1898-O Morgan Silver Dollar to your collection? **When we say that 5,884,000, of these coins were produced or minted in 1898 this number doesn't always match the actual circulation count for this coin. Numismatic vs Intrinsic Value: Current silver melt value* for a 1898 No mint mark is $19.24 and this price is based off the current silver spot price of $24.87 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. Their popularity is immense. The main mint in Philadelphia did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints. A mint mark may be visible below the bows of the wreath - CC for Carson City and S for San Francisco. Since the Philadelphia Mint was the first mint established in the United States, and the only one for a long time, no mint marks were necessary. Ending THURSDAY, August 27th, at Approx. Morgan Silver Dollars with no mint mark were minted in Philadelphia. Type: Morgan Silver Dollar Year: 1898 Face Value: $1.00 Composition: 90% silver, 10% copper Silver Weight:.77344 oz. 90% silver planchet. Accurate 1894 Morgan silver dollar value is the combination of determining the mint that struck your coin and equally important, judging condition. When those silver reserves were depleted in 1904, the … Gems are reasonably available, with MS65s and MS66s found in large numbers at any given time in the marketplace. 1878-1921 Morgan Silver Dollars Although mintages are usually used as an indicator of rarity, for the Morgan Dollar series, mintage figures can sometimes be misleading. . In extremely fine condition the value is around $33. This price … This 1898-O Morgan Silver Dollar NGC MS65 is proudly minted by the U.S. Mint. With the exception those minted in San Francisco 1898 Morgan silver dollar value in this grade is tied to its metal content. Why order this Morgan 1898-O Silver Dollar? This price does not reference any standard coin grading scale. The 1898 Philadelphia Mint Morgan dollar is common in circulated grades and in lower uncirculated grades. A quick look at the chart shows 1894 Morgan silver dollar value of coins struck at the Philadelphia mint are rare. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. These coins regularly sell for somewhere between $2,500 and $2,800. Why add this Morgan 1898 Silver Dollar to your collection? The mint mark, if present, appears on the reverse above the "o" in "Dollar". Want to join CoinTrackers and Track Your Coins 100% FREE? Copyright © 2007-2021 Daniel A. HarrisAll Rights Reserved. New Orleans (mint mark … A featured Morgan dollar in a David Lawrence rare coin auction its value rose to $4542 as a winning bid. $119.95. Pictured to the right is just such a coin. When those silver reserves were depleted in 1904, the Mint ceased to strike the Morgan dollar. $160.00. Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Highlighted below is an auction appearance of a rare 1898 silver dollar that combines both a scarce mintmark and the rare gem uncirculated condition. Other lower mintage Morgan silver dollars include the 1886-S, 1888-S, 1889-S, 1893-S, 1893-O, 1894, 1895, 1895-S, 1895-O, and 1899. Produced throughout the latter part of the 19 th century, these coins were incredibly useful and, as such, were circulated quite a bit. Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $31, Specifications. Shipping WILL BE offered with verification of mailing address and credit card. Today's bullion price is a large part of 1898 Morgan silver dollar value, currently your coin is worth at least $23.56 Now widely available in grades up to MS66, the 1898-O Morgan dollar is no more a rare coin than the 1903-O or 1904-O, two other Morgans once … C $32.99 7 bids + C $3.81 shipping . Silver Melt: $19.24 Total Weight: 26.73 grams Current Silver Bullion Value: $19.65. The number of surviving Morgan Dollars for certain issues have been impacted by melting, which can make higher mintage dates more scarce, and the dispersal of hoards, which can make low mintage dates more common. By judging the different stages of wear, a "Grade" is determined. Coupled with the coin's size, silver content, beautiful design and high mintages it's no … Calculate 90% silver value : (25.45 × .0321507466 × 26.73 × .90) = $19.6843138962 $19.6843 is the rounded silver value for the 1878-1921 silver Morgan dollar … This design was first used in 1878 and today these are some of the most widely collected classic U.S. coins. The United States Mint in Philadelphia struck the first Morgan silver dollars in 1878. The Morgan Silver Dollar was by no means the first dollar coin produced by the US Mint, but is by far one of the most popular. Shop with confidence . 1898 O Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. On the revere, small amounts of wear are visible on the tops of the wings, and obvious on the neck and breast feathers. … ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. 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