CoinTrackers.com has estimated the 1898 Morgan Silver Dollar value at an average of $29, one in certified mint state (MS+) could be worth $180. (see details)...

1898 Morgan Silver Dollar The Morgan Silver Dollar was by no means the first dollar coin produced by the US Mint, but is by far one of the most popular. Produced throughout the latter part of the 19 th century, these coins were incredibly useful and, as such, were circulated quite a bit. 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. Silver Melt: $20.68 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $29, while one in certified mint state (MS+) condition could bring as much as $180 at auction. Heralded as boasting the best of all the Silver Dollar designs, the Morgan was an immediate hit with US citizens when it was released back in 1878. Production of the coin continued all the way up until 1921, when the coin was replaced by an even newer, albeit less popular, design.

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.
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 $29, while one in certified mint state (MS+) condition could bring as much as $180 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 1898, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

The mint mark on a Morgan silver dollar can be found on the eagle (back) side of the coin, just above the word 'DOLLAR' written around the bottom edge. The coin may also have small letters located above the 'D' and the 'O,' indicating the location of the mint. Morgan Dollars (1878-1921) PF MS. Price Guide Census. NGC Census NGC Details Census. 1898 S 1898 S $1 MSDPL 1898 S 1898 S $1 MSDPL Shop! Updated: 7/31/2019.

Additional Info: There were only 735 proof Morgan Silver Dollars minted in 1898 at the Philly mint. These coins regularly sell for somewhere between $2,500 and $2,800. This coin has no mint mark.

Numismatic vs Intrinsic Value:This coin in poor condition is still worth $7.95 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 1898 No mint mark 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 5,884,000, of these coins were produced or minted in 1898 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.

We use user submitted pictures please read that article if you are interested in adding your own.

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Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90

Pushed higher by continued collector demand and bullion prices your 1888 Morgan silver dollar value is a minimum of $25.44 .

With its large silver content as a nice start and strong collector demand for the San Francisco issue your coin has the potential for much higher value. Of the three mints that produced silver dollars in 1888, those struck at San Francisco are scarce today. See the section below the value table and using the mintmark image discover if yours is the 'S' mint.

Now let's turn to the condition of your coin. Pictured is a remarkable silver dollar. This 1888 dollar is not only in top 'uncirculated' condition but its bright original luster is free of contact marks. It is a candidate for a valuable high end collection.

Scarcity of nice condition silver dollars is becoming evident today as large numbers of collectors search for these collector quality coins. By taking a few minutes to compare your old silver dollar to the 'grading' images below leads to finding today's 1888 Morgan silver dollar value.

Mintmarks are a small but important detail deciding 1888 Morgan silver dollar value. Finding your coin was struck at the San Francisco mint, identified by an 'S' on the reverse increases the potential value. Just below the ribbon is either an 'S' for San Francisco, or an 'O' indicating New Orleans mint. If no mintmark is found your coin was minted at the Philadelphia mint.

Discover the Rare 1888 Morgan Silver Dollar

Two rare 1888 silver dollars are pictured on the right and in today's market each is worth well over $100. Significant is that each is also distinctly different in appearance.

Easily noticed, one has the 'look' most would agree is desirable and valuable. The other dollar is appreciated as a collectible because of a scarce mintmark. Your 1888 silver dollar needs the attention necessary to properly distinguish and find its true value.

Viewing the bottom coin, it is similar to most worn and circulated silver dollars encountered. However once the 'S' mintmark is identified this coin is quickly recognized as something uncommon and scarce. With most dates and mints produced in the millions, the total number of San Francisco dollars dated 1888 was very low, (657,000) as reported by Whitman's Red Book. Low initial production, an even smaller amount surviving until today and the large number of silver dollar collectors all combine to keep the value high.

Stunning in appearance, pictured on the top is a 'condition rarity' 1888 Morgan dollar. Although there is a huge supply of silver dollars, any coin of this quality is scarce and in great demand by collectors and dealers. Carefully preserved and sheltered from the elements is a rare treatment for most coins, this example stands apart retaining its original untouched condition.

Your 1888 Morgan silver dollar value is determined by the above fascinating combination of factors. Collectors, with careful study have developed a sophisticated appreciation of a silver dollars' worth.

Details Raise 1888 Morgan Silver Dollar Value

Follow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted 'Uncirculated' condition, to a very worn example in 'Good' condition. By judging the different stages of wear, a 'Grade' is determined. The greater the detail remaining, the greater your 1888 Morgan silver dollar value.

Uncirculated: To reach the coveted 'uncirculated' condition all original, as minted detail remains. None has been removed due to wear. OK are nicks and abrasions from contact with other coins, this is normal due to the minting and storage process of silver dollars. Confirming the uncirculated grade is mint luster remaining on the entire surface, including her chin, neck line and hair below and above the ear. These areas are the first to wear and exhibit a dull and smooth texture once in circulation.

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, specifically 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 1888 Morgan silver dollar value.

Fine: Circulation has now reduced most of the finer design details to the point of merging. Overall and clearly visible, moderate wear describes silver dollars in 'fine' condition. Liberty's hair both above and below the ear is noticeably worn with wide flat spots now replacing the original fine lines. Turning to the reverse, the leaves in the wreath are now very flat, most feathers in the eagle's neck have merged and the very tip of the wings lack any detail. Despite moderate wear 'fine' condition 1888-S dollars are scarce and worth over $115. See the section above and determine if your coin has the 'S' mintmark.

Good: An 1888 silver dollar in 'good' condition is distinctly 'flat' in appearance. The original separation of Liberty's hair and forehead has worn away. Her ear still shows, however hair above and behind the ear is smooth and connecting to her cheek. Liberty is visible in the head band but the once detailed cotton blossoms are now lost.

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1898 Silver Dollar Coin Value

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Safe Coin Storage Recommendations

1898 Silver Dollar Coin

Recommendations on basic supplies that greatly improve coin storage. Providing for safe handling, preserving of value and organizing your box of old coins. Old silver dollars need a certain amount of careful handling to maintain their appeal to collectors. Housing them safely is covered in the Safe Coin Storage article.