1889 Morgan Silver Dollar Value 1889 Morgan Dollars in good condition are valued at $22 while those found in extremely fine condition go for around $30. If found in uncirculated condition, the 1889 Morgan Dollar can command $40 in MS-60 and as much as $375 in MS-65.
Where is the mint mark on a 1889 Morgan silver dollar?
Mintmarks of the branch mints are along the bottom reverse above the DO in “Dollar”. These include an “S” San Francisco, “O” New Orleans and “CC” Carson City mint.
How much is a 1889 Morgan silver coin worth?
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $26, while one in certified mint state (MS+) condition could bring as much as $250 at auction. This price does not reference any standard coin grading scale.
Why was the US Mint closed in 1889?
Because the mint had been closed, crews had to clean the offices and machinery before production could begin. That year, the mint only produced 350,000 coins, and all of these coins came out in the last three months of 1889. Additionally, according to estimates, only 100,000 to 25,000 of these dollar coins avoiding getting melted down for silver.
How much is a 1890 cc Morgan worth?
Of course, the CC tends to inflate the value of a Morgan silver dollar from any year that mint produced silver coins. If you try to buy an 1890 CC Morgan, for example, you might pay about $75 for a coin in G condition and $360 for an AU-58.
How much is a Morgan silver dollar worth?
However, collectors might find it even more surprising that even some circulated Morgan silver dollars, engraved with that rare date and mint mark, sell for thousands of dollars. This high valuation might also be somewhat disappointing for collectors who want to complete a set but lack the budget for very expensive coins.