1896 Morgan Silver Dollar
Posted : admin On 3/21/2022- USA Coin Book Estimated Value of 1896 Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $61 to $281 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $3,068 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.
- The 1896 silver dollar – at almost the end of the century By 1896 the Morgan silver dollar had been around for around 20 years and was an everyday part of American life. Transactions were carried out day after day with it. Nobody gave the fact they used a real silver coin a second thought.
- 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.
- Feb 01, 2021 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.
CoinTrackers.com has estimated the 1896 O Morgan Silver Dollar value at an average of $50, one in certified mint state (MS+) could be worth $140,000. (see details)...
USA Coin Book Estimated Value of 1896-S Morgan Silver Dollar is Worth $65 in Average Condition and can be Worth $2,290 to $19,545 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin).
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.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $50, while one in certified mint state (MS+) condition could bring as much as $140,000 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1896, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The New Orleans mint issued some 4.9 million Morgan Silver Dollars in 1896. The mint mark is on the reverse directly below the wreath. This coin in mint condition can be worth as much as a Ferrari.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $28.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1896 O is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 4,900,000, of these coins were produced or minted in 1896 this number doesn't always match the actual circulation count for this coin. 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. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. 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.Call or visit your local coin dealer for more information.
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