The 1898-O Morgan was once one of the great rarities in the series. 2020 (P) American Silver Eagles: A New Modern Rarity. It was finally reopened in 1879, when it began striking Morgan Silver Dollars with the ‘O’ mint mark. Silver Weight: .7735 oz. The 1898-O Morgan dollar is one of the "heartbreaker" mintages of this famous coin. Silver Content: 90% Morgan Silver Dollars are by far the most actively collected series of United States coins. This 1898 Morgan Silver Dollar Coin is beautiful. As with most Morgan Dollar years in the 1890s, there are relatively few major varieties within each of the date-and-mintmark combinations. COIN HIGHLIGHTS: The obverse features George T. Morgan's famous design. Buy & Sell. We use user submitted pictures please read that article if you are interested in adding your own. While it is generally safe to buy raw, common-date Morgan Dollars in Mint State grades, use extra scrutiny when buying relatively more expensive uncirculated pieces such as the 1898-S. The 1898 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. Fast & Free shipping. Mint Mark: O CoinTrackers.com has estimated the 1898 O Morgan Silver Dollar value at an average of $25, one in certified mint state (MS+) could be worth $130. Silver Melt: $19.23 They were minted from 1878 to 1904 and again in 1921. 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. However, VAM (Leroy C. Van Allen and A. George Mallis) variety collectors are always adding new findings to the list of Morgan Dollars that are found to have been made with multiple distinctive dies. I am really proud of it's beauty. (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Morgan Silver Dollar ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. **When we say that 4,440,000, of these coins were produced or minted in 1898 this number doesn't always match the actual circulation count for this coin. 1898 Morgan Silver Dollar Value Today's bullion price is a large part of 1898 Morgan silver dollar value, currently your coin is worth at least $25.57. These large Silver coins are known for their value, quality of strike, design and beauty.This series may be the most common of all 19th-century U.S. coins. Add this certified 1898-O Morgan Silver Dollar to your cart today! Key Dates, Rarities, and Varieties The Morgan silver dollars listed below are worth considerably more than common Morgan silver dollars … About Morgan Dollars. The main mint in Philadelphia did not use a mintmark. Coins worth more to a collectors may be a better long term investment. Numismatic vs Intrinsic Value: 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. An exceptional piece graded PCGS MS68 with the DMPL Deep Mirror Proof Like designation sold for $32,200 at an auction in January 2009. When quantities of the 1898-O Morgan Silver Dollar were released from a long-sealed vault in 1962 the event ignited a numismatic treasure hunt. Morgan Dollar Price Guide Last Update: 01-08 07:06 AM EST Silver $26.62 ( -0.55 ) as of 01-08 08:03 AM EST Total Produced: 4,440,000 [?] $315.00. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $31, while one in certified mint state (MS+) condition could bring as much as $180 at auction. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. 1898 Morgan Silver Dollar Coin. Prior to October 1962, the 1898-O was one of the most famous of all Morgan silver dollars and was considered to be a great rarity. Later, quantities were released by the Treasury, and the 1898-O became common. Proof Coins can be Worth $3,069 or more. This price does not reference any standard coin grading scale. 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 on January 08, 2021. Pricing the 1898 Morgan Silver Dollar. 1898 Morgan Silver Dollar Mintage Figures. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $580, while one in certified mint state (MS+) condition could bring as much as $120,000 at auction. The 1898 Morgan Silver Dollar presents many affordable options for collectors. About 1898-O $1 MS Morgan Dollars. The 1898-O Morgan dollar was another date which was extensively represented in the Treasury silver dollar releases of the mid 20th century. Gold and Silver investments you hold. History of the Morgan Silver Dollar The Morgan Silver Dollar is one of the most famous and most highly collected U.S. coins of all time. 1878 8TF 8 TAIL FEATHER MORGAN SILVER DOLLAR 90% SILVER $1 COIN US #SK91. It shows Lady Liberty wearing a Phrygian cap with the word "Liberty" spelled out on her hair band. Current silver melt value* for a 1898 O is $20.4 and this price is based off the current silver spot price of $26.37 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams. The 1898 Morgan Silver Dollar presents many affordable options for collectors. Get the best deals on 1878 Morgan US Dollars when you shop the largest online selection at eBay.com. The mintage for the 1898-O was 4,440,000 pieces at the New Orleans Mint. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. Type: Morgan Silver Dollar Year: 1896 Mint Mark: O Face Value: 1.00 USD Total Produced: 4,900,000 [ Silver Content: 90% Silver Weight:.7735 oz. This meant that many high tier New Orleans Morgan dollar collections were missing the 1898-O in any grade. Not counting the proof (which usually isn’t included in date-and-mintmark sets), 1898 Morgan Dollars are generally available for a small premium above melt value in the lower circulated grades. . 1898-o ms Morgan Dollar, 1898-O MS Auction Record: $49,937.50 • PCGS MS68DMPL • 10/15/2015 • Legend Rare Coin Auctions 1898-O Morgan Silver Dollar pictures, mintage, facts, and information. Find Gold Silver Prices on great Silver Bullion products. Morgan Silver Dollar Values Popular and always in demand, minimum Morgan silver dollar values begin at $24.01 for a heavily worn example. Value of 1898-O Morgan Silver Dollar. USA Coin Book Estimated Value of 1898-O Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $61 to $198 or more in Uncirculated (MS+) Mint Condition. Carefully evaluate for wear the high points of any raw Morgan Dollar advertised as being “Uncirculated.” High points on the obverse of the Morgan Silver Dollar include Miss Liberty’s cheek and the curls of hair just above her ear; high points on the reverse include the eagle’s breast feathers and brow. $3.25 shipping. USA Coin Book Estimated Value of 1898 Morgan Silver Dollar is Worth $36 in Average Condition and can be Worth $61 to $281 or more in Uncirculated (MS+) Mint Condition. [?]. Additional Info: The New Orleans mint issued 4.4 million Morgan Silver Dollars in 1898. APMEX takes pride in being one of the most innovative companies in our industry. Value of 1898-O Morgan Silver Dollar. 1898-O Morgan Dollar Mintage and Specifications Mintage: 4,440,000 They seldom appeared on the market, and commanded top dollar when they did. The NGC Coin Explorer is a complete Morgan Dollars reference guide. Free shipping on many items | Browse your favorite brands ... 1878-S Morgan Silver Dollar | NGC MS62 DPL | Deep Mirror Proof-Like | 90% Silver. Many date and mintmark combination are worth well above minimum value. This piece of American history will instantly add value to any collection. How much Morgan Dollars are worth. Type: Morgan Silver Dollar Year: 1897 Mint Mark: O Face Value: 1.00 USD Total Produced: 4,004,000 [ Silver Content: 90% Silver Weight:.7735 oz. Please keep that in mind. Click here to Learn How to use Coin Price Charts. Call or visit your local coin dealer for more information. It is in that area of the Morgan Dollar realm that collectors may make some interesting find as it regards 1898 dollars. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $45, while one in certified mint state (MS+) condition could bring as much as $100,000 at auction. Top condition silver dollars are avidly sought by collectors, with "uncirculated" examples commanding the highest value. 1. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $30, while one in certified mint state (MS+) condition could bring as much as $43,500 at auction. 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. The mint mark if present is on the reverse on the Morgans. Click here to Learn How to use Coin Price Charts. Therefore, mint employees revived the Morgan silver dollar design that was used for part of the year until the Peace silver dollar dies were ready for production. Also learn how to properly store your coins. Type: Morgan Silver Dollar Year: 1895 Mint Mark: O Face Value: 1.00 USD Total Produced: 450,000 [ Silver Content: 90% Silver Weight:.7735 oz. Best Silver Coins and Bars available from APMEX. Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Morgan dollars, officially known as Liberty Head dollars, are among the most popular United States coins. Also, click here to Learn About Grading Coins. Face Value: 1.00 USD It is really a great value… This coin in poor condition is still worth $5.77 more than the intrinsic value from silver content of $19.23, this coin is thus more valuable to a collector than to a silver bug. Minting of Morgans continued for 26 issues before ending forever in 1904. Proof examples of Morgan Dollars from all years, including 1898, are rare which makes them expensive. 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. while one in certified mint state (MS+) condition could bring as much as $130 at auction. Now you can experience the beauty and collectability of ‘O’ mint Morgans with this affordable 1898 coin in premium Brilliant Uncirculated condition. USA Coin Book Estimated Value of 1890-O Morgan Silver Dollar is Worth $34 in Average Condition and can be Worth $86 to $2,439 or more in Uncirculated (MS+) Mint Condition. This issue was one of three rarities from the New Orleans Mint-joining the 1903-O and 1904-O dollar-on collectors’ wish lists prior to the early 1960s. Year: 1898 Not counting the proof (which usually isn’t included in date-and-mintmark sets), 1898 Morgan Dollars are generally available for a small premium above melt value in the lower circulated grades. When it comes to determining a price for a coin like the Morgan Silver Dollar, there are a few things you must pay attention to. However collector quality pieces are worth many times this minimum. Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $25, Want more info? These famous silver dollars were struck from 1878 through 1904 and once more in 1921. Coins for sale for Morgan type Dollars items. So when we say average, we mean in a similar condition to other coins issued in 1898, and mint state meaning it is certified MS+ by one of the top coin grading companies. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. How much are my U.S. 1898-O $1 business strike dollar worth? If the metal prices drop you will still have a coin that a numismatic would want to buy. It looks brand new, and it is over 100 years old. More of the Same 1899 Morgan Dollar First and foremost, because condition means everything to collectors the condition of the coin will be of the utmost importance when it comes to determining price. Also, click here to Learn About Grading Coins. Otherwise, the only significant challenge that comes with collecting business strikes dollars from 1898 occurs when buying the 1898-S, which rapidly ascends in value with increasing grade as compared to the 1898 and 1898-O and costs around $200 for a Mint State 60 specimen. Want to join CoinTrackers and Track Your Coins 100% FREE? Additional Information Distribution of Dollars Want to join CoinTrackers and Track Your Coins 100% FREE? 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