1896 Morgan Silver Dollar Worth and Rarity

The 1896 Morgan Silver Dollar is a highly sought-after coin, and its value can vary greatly depending on its condition and rarity.

This coin was not actually minted in 1896, but rather in 1878 to 1904, and 1921.

The 1896 Morgan Silver Dollar is extremely rare, with only a handful of examples known to exist.

The rarity of this coin is due to the fact that the Philadelphia Mint, where it was produced, did not operate in 1896.

The 1896 Morgan dollar is a rare and valuable coin.

It was minted in Philadelphia, with a mintage of just 880 coins.

The coin features a portrait of Lady Liberty on the obverse, designed by George T. Morgan.

The reverse side shows an eagle in flight, with the words "United States of America" and "One Dollar" engraved.

The 1896 Morgan dollar is made of 90% silver and 10% copper, giving it a distinctive look and value.

Its rarity and historical significance make it highly sought after by collectors.

Grading the 1896 Morgan silver dollar is a subtle process that requires evaluating its look, quality, and damage. Experts check the mint mark first, then look for the amount of wear and possible errors.

The grade on a 1 to 70 scale is used to determine the coin's value. Here's a breakdown of the grades:

To determine the condition of your coin, look for signs of wear, such as loss of metal on Liberty's temple and coronet within the hair.

A coin in "uncirculated" condition has never circulated through commerce and shows no signs of wear.

The mint mark and rarity of a coin can greatly impact its value. The 1896 Morgan dollar has several mint marks, including CC, S, and O, which can indicate where the coin was produced.

A coin with a CC mint mark, for example, was produced in Carson City, Nevada. The rarity of a coin can also affect its value, with some mint marks being more scarce than others.

The No Mint Mark Morgan silver dollar is a highly sought-after coin, and it's easy to see why. With 9,976,000 coins minted in 1896, it's one of the most common Morgan pieces.

The price range for used specimens is surprisingly wide, from $34 to $61. For perfect condition coins, the price can reach up to $1,600.

One of the most impressive coins I've come across is the 1896 MS 68 Morgan dollar, which sold for a whopping $30,550 at an auction in 2020.

Most 1896 PL silver dollars from the Philadelphia mint can be found for less than $1,000. However, those graded MS 67 have an estimated price of $10,000 to $15,000.

The 1896 Morgan silver dollar set has a few rare errors that collectors find desirable.

Coins with peeled-off or cracked metal on the surface appeared because of contamination.

A silver dollar with an imperfection on Liberty's cheek can cost about $70.

These imperfections are a result of contamination, but they're still valuable to collectors.

Collectors love imperfections, making rare Morgan error coins a pleasure to own.

The 1896 Morgan dollar is a highly sought-after coin, and its price reflects its rarity and value. The price of a circulated 1896 Morgan dollar can range from $200 to $1,000.

To determine the value of an 1896 Morgan dollar, you'll need to examine its condition and authenticity. A coin in excellent condition can fetch a higher price than one that's been worn down.

The value of a 1896 Morgan dollar can also be affected by its certification, with coins graded by reputable third-party services like PCGS or NGC commanding higher prices.

The price of a rare coin can be a fascinating topic. The Morgan dollar, for instance, sold for $96,937.50 at Legend's auction of the Coronet Collection last year.

The price of a Morgan dollar can vary greatly depending on the auction and the collector's enthusiasm. The same dollar sold for $111,625, significantly higher than its sale price last year.

The estimated price range for the Morgan dollar can also be quite broad. In the case of the Coronet Collection, the estimate was $125,000 to $140,000, but it ultimately sold for much lower.

A table of recent Morgan dollar sales might be helpful in understanding the price fluctuations:

A rare 1896 Morgan silver dollar can be worth a pretty penny, with one selling for $2,530 at a David Lawrence auction. This is due to its exceptional eye appeal and high quality luster.

The coin's condition is key to its value, with minimal contact marks and scuffs making it highly prized among collectors. This is because silver dollars from 1896 were often stored and transported in bags of 1000 coins, resulting in heavy marks and dings.

A semi-reflective field frames the bright white portraits and letters on this particular coin, setting it apart from others of its kind. This level of quality, combined with collector demand, can drive up the price of a rare silver dollar.

In this case, the coin's value more than doubled its initial price, resulting in a strong 1896 Morgan silver dollar value.

The 1896 Morgan dollar is a highly sought-after coin, and for good reason - it's a rare find with a rich history. If you're lucky enough to get your hands on one, you could be looking at a significant return on investment.

The San Francisco mint produced 5,000,000 silver dollars in 1896, but only 762 of those were issued as proofs. That's a tiny fraction of the total, making proofs extremely rare and valuable.

You can buy circulated 1896 Morgan dollars for a relatively affordable price, ranging from $34 to $2,400. However, if you're looking to sell, you could be looking at a much higher return. For example, a 1896 S MS 69 Morgan dollar sold for $720,000 in 2020.

If you have a 1896 Morgan dollar in proof condition, you can expect to sell it for between $2,450 and $2,800. That's a significant return on investment, especially considering the coin's rarity.

Here are the estimated prices for 1896 Morgan dollars in mint state:

It's worth noting that the prices listed above are for coins in mint state, and the prices for circulated coins can be significantly lower. However, if you have a rare and valuable 1896 Morgan dollar, you could be looking at a significant return on investment.