1896 Morgan Silver Dollar
Silver Content: 90% Extra Info: There were 762 of the 1896 Morgan Silver Dollars issued as proofs. Sometimes the regular non proof coins are worth more than the proofs, but this year they are not. Since nearly 10 million Morgans were issued the proofs are rare in comparison. These proofs are selling for somewhere between $2,450 and $2,800. 1896 Morgan Silver Dollar Value Pushed higher by bullion prices your 1896 Morgan silver dollar value is a minimum of $24.11. Additionally, of higher value to collectors are those minted at the San Francisco mint. Three different mints in 1896 coined silver dollars, all valued separately today.
Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90
High minimum 1893 Morgan silver dollar value confirms your coin is very scarce and one of the rarities of the series.
Checking the value chart, all varieties of 1893 dollars have a high initial value. Additionally, your coin has further potential depending on condition and mintmark.
Discover the rare 'S' mintmark on the reverse and it becomes a coin collectors avidly peruse. These small initials indicate the mint that struck the coin and are easy to identify. While looking at the reverse of your coin, refer to the close-up image below to pinpoint the mintmark location.
Now to condition, hundreds of dollars in value separate 1893 silver dollars in above average condition. It is a scarce coin to begin with and rare in well preserved condition. Knowing that small condition details have a large impact on value, collectors inspect closely the amount of wear to the surfaces and handling marks. Match your coin to the images and descriptions in the 'grading your silver dollar' section further down the page.
You own the key date to the Morgan silver dollar series, needed by all collectors. How much your 1893 silver dollar is worth relies on a close inspection of both condition and possible mintmark.
Mintmarks are a small but important detail deciding 1893 Morgan silver dollar value. Determine it was struck at the San Francisco mint, identified by an 'S' on the reverse and you have the great rarity of the series. Just below the ribbon is either a 'CC' for the Carson City mint, an 'O' indicating New Orleans or the 'S' mark. Note: If there is no mintmark your coin was produced at the main mint in Philadelphia.
| 1893 Morgan Silver Dollar Values | ||||
|---|---|---|---|---|
| Condition of Coin | ||||
| Date | Good | Fine | Extremely Fine | Uncirculated |
| 1893 Morgan Silver Dollar Values Updated | 2/8/2021 | |||
| 1893 | $114 | $127 | $259 | $762 |
| 1893 CC | $154 | $262 | $821 | $3,238 |
| 1893 O | $121 | $168 | $353 | $2,687 |
| 1893 S | $1,612 | $2,610 | $5,220 | Rare |
Rare Auction Appearance and 1893 Morgan Silver Dollar Value
1896 Morgan Silver Dollar Ms62
High end condition does make a difference when the rare 1893-S silver dollar is offered at auction. The coin pictured displays less wear than most and is considered very desirable by collectors. Top bid necessary to win was $19,500. Compare this price to the 'XF' grade listed above.
Despite small traces of wear on the coin and not being a full 'uncirculated' example, its rarity and value is far above the lower extremely fine 'XF' grade. Collector's desire for the best and popularity of the Morgan silver dollar series has intensified the importance of subtle differences from one coin to the next.
An opportunity to acquire a pleasing 1893-S Morgan dollar to complement one's collection does not happen often. This coin is exceptional displaying many top quality traits. Original mint luster covers most of the surfaces only broken by light touches of wear. Thankfully large nicks and bruises that often diminish the appeal of these large coins are few and light. Overall it stands out as a pleasing well defined example.
Often the reward for taking the time and effort to study these old dollars is discovering your 1893 Morgan silver value is surprisingly high.
Grading Condition Finds 1893 Morgan Silver Dollar Value
There is a steady demand from collectors for coins in nice condition. All of these old silver dollars are judged as to how well they have survived over the years. The amount of wear and severity and number of abrasions is closely inspected. Follow the 'grading' images and descriptions and determine where on the value chart you coin fits.
Give grading a try, however because of the rarity and value range of these coins, consider having it evaluated by a professional. This page reviews the leading grading services NGC-PCGS. Accurate 1893 Morgan silver dollar value depends on a precise judgment of condition.
Uncirculated: A silver dollar in 'uncirculated' condition has never circulated through commerce, thus no wear has occurred to its surfaces. Your coin should exhibit a 'like new' luster. Wear dulls this luster and affects the high points of Liberty's check, temple and hair. On the reverse the breast feathers and head of the eagle are the high points of design are subject to initial wear. If the luster is complete on both sides it assures the coin is uncirculated.
Extremely Fine: Slight but obvious removal of design and metal defines a worn silver dollar in 'extremely fine' condition. Mint luster is now gone from the large exposed areas, the field in front of Liberty and her face. Small details in her hair are now missing, most noticeable above her forehead and behind her neck. Also the folds in the cap show wear on the highest parts, the result of use and handling. This is a nice coin, with solid 1893 Morgan silver dollar value.
Fine: Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to 'fine' condition. Above her ear, leaves surrounding the cotton blossoms are only outlines lacking inner detail. Many finer strands of hair have worn to the point of combining into larger flattened areas. In the Fine grade your silver dollar gives the impression of wear but not excessive.
Price Of 1896 Morgan Silver Dollar
Good: If your 1893 silver dollar has endured extensive wear it is described as 'good' condition. Despite a large loss of detail Liberty's portrait is clearly separate of the field. A few lines of hair curls show behind the base of her neck. Although heavily worn some folds to the cap are visible. Enduring heavy use, a once protective rim is now all but gone and close to merging with the lettering.
Coin Values CoinStudy Articles
Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921
1878 | 1885 | 1892 | 1899 |
1879 | 1886 | 1893 | 1900 |
1880 | 1887 | 1894 | 1901 |
1881 | 1888 | 1895 | 1902 |
1882 | 1889 | 1896 | 1903 |
1883 | 1890 | 1897 | 1904 |
1884 | 1891 | 1898 | 1921 |
Many rare and valuable dates and mintmark combinations are found throughout the entire 1878 through 1921 history of Morgan silver dollars. With a minimum value of $24.55 and rising from there, accurately determine how much your rare silver coins are worth.
No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1893 Morgan silver dollar value. Compare your coins to images in the sections 'How to Grade Silver Dollars' and accurately discover how much your old dollars are worth.
★Coin Values Discovery finds... 1893 Morgan Silver Dollar Value and...
Today there is a wide range of common to rare coin values found in your box of old coins. From your old pennies to gold coins, all US coin series are covered. Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins.
Preparing to Sell Silver Coins
1896 Morgan Silver Dollar Ms63
Silver dollars, the Morgan and Peace series, are in demand by dealers. These old coins are very liquid in the coin collecting market. There are always buyers interested in purchasing your coins. Receive the highest price by separating the collectable from the bullion priced pieces. For more info see the Sell Silver Coins article.