Value of 1896 silver dollar

Morgan Silver Dollars from the latter half of the s are not nearly as expensive as those from the first half and, most particularly, the middle part of the decade.

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. The Morgan Silver Dollar is a coin that is a prized part of so many collections, and has been for some time now. These pieces of US currency were first introduced towards the end of the s, and were almost an immediate hit when introduced. The reason for their extreme popularity was due to the fact that the design of the Morgan was far superior to the designs of previous Silver Dollar editions. For collectors, the fact that these coins are so old is worrisome because, as time moves forward, the number of these coins remaining on the market is constantly being diminished.

Value of 1896 silver dollar

E-mail Error message here! Password Hide Error message here! Remember me. Lost your password? Please enter your email address. You will receive a link to create a new password. The Morgan Silver Dollar is one of the most frequently seen dates of the Philadelphia Mint its decade. Close to a million Mint State coins in various grades are estimated to exist today. The strike is usually above average on coins made for circulation, and luster ranges from satiny to frosty. The abundance of quality coins presents an opportunity to obtain a Mint State specimen at a reasonable price. Delivery of the Proofs of the date occurred quarterly beginning in March and ending in December.

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Additionally, of higher value to collectors are those minted at the San Francisco mint. Three different mints in coined silver dollars, all valued separately today. Philadelphia, New Orleans and thirdly, valued the highest are those from the San Francisco mint. Presence of a mintmark is easy to identify, locate them with the help of the image below the value chart and determine if your silver dollar has an "O" or "S" mintmark or no mintmark on the reverse. Pay particular attention to you coin if it's the S. Values begin to rise significantly in the upper collector grades starting with the extremely fine condition.

The Morgan dollar series is one of the most popular in American coinage history. Their minting lasted from to , but you can also find pieces struck in The silver dollar value depends on numerous factors, but the mint mark is the primary thing to look for. Then, you should check your coin condition and possible error existence. Once you decide to collect Morgan silver dollars , you should be prepared for the series that includes 95 types of coins minted from to In fact, their production ended in , but the US Mint reissued them in They appeared because the mining industry asked for the re-introduction of silver coins. The Bland-Allison Act required the US Mint to buy a monthly amount of silver worth two to four million, causing huge Morgan dollar mintages.

Value of 1896 silver dollar

Additionally, of higher value to collectors are those minted at the San Francisco mint. Three different mints in coined silver dollars, all valued separately today. Philadelphia, New Orleans and thirdly, valued the highest are those from the San Francisco mint. Presence of a mintmark is easy to identify, locate them with the help of the image below the value chart and determine if your silver dollar has an "O" or "S" mintmark or no mintmark on the reverse.

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Vast bag quantities of the date were available in the s. Grading requires determining the amount of wear, if any, has taken place. History, Information, and Value of Morgan Dollar. Harris All Rights Reserved. Email Address. Good: Lack of design defines this old silver dollar as "Good" condition. Mintmarks are a small but important detail deciding Morgan silver dollar value. Penny Values. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. A nicely struck piece should present no difficulty. The Morgan Silver Dollar is one of the most frequently seen dates of the Philadelphia Mint its decade. Indian Head Pennies.

Morgan Silver Dollars from the latter half of the s are not nearly as expensive as those from the first half and, most particularly, the middle part of the decade. While the San Francisco issue from is a fairly expensive coin in all grades, the regular-issue Philadelphia and New Orleans pieces can be bought in the lower circulated grades for only a small premium over their melt value. The main mint in Philadelphia did not use a mintmark.

Already Have An Account? Extremely Fine: A coin that is determined to be of Extremely Fine grade is one that spent only a short period of time being circulated. For collectors, the fact that these coins are so old is worrisome because, as time moves forward, the number of these coins remaining on the market is constantly being diminished. However less popular are heavily worn silver dollars, these trade close to silver value. Silver dollars, the Morgan and Peace series, are in demand by dealers. Unless you are focusing your efforts on collecting a low-grade set of Morgan Dollars, hold out for higher-end pieces if your budget and tastes warrant. Most Valuable Coins. Remember Me Forgot Password? Phone Number. Heavy Circ. Fine: Slight wear but still sharply defined with abundant detail remaining defines the extremely fine grade. Password Hide Error message here!