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How Much is a 1890 Morgan Silver Dollar Worth

How Much is a 1890 Morgan Silver Dollar Worth

1890 Morgan Silver Dollars are definitely a hot commodity, with some selling for as much as $3500! Circulated coins generally sell for $42 to $260, while uncirculated coins can go from $70 to $3500 and much more. The value of these coins depends on a few factors, including condition and mint mark. Carson City coins are usually the most valuable, followed by those from Philadelphia, San Francisco and New Orleans.

In 1890, the United States saw a significant change. The population had doubled in the previous 40 years, mostly due to immigration. This led to big changes in the way the country looked and functioned. There were now more cities and factories than ever before. The economy was booming, but there was also a lot of poverty and inequality. In response to all these changes, there were a lot of new ideas and movements. In 1890, the United States Mint also continued production of the Morgan silver dollar.

So you’ve got an 1890 Morgan silver dollar sitting in your coin collection. How much is it worth? Depending on its condition, it could be worth anywhere from a few bucks to several hundred dollars. Here’s a look at what factors affect the value of these coins and how you can get the most money for yours.

What are Morgan Silver Dollars?

Morgan Silver Dollars are one of the most popular types of silver coins among investors and collectors. They were first minted in 1878, and they were produced continuously until 1904. In 1918, production resumed, and the coins were minted again until 1921. The Morgan Silver Dollar gets its name from George T. Morgan, the designer of the coin. One side of the coin features a profile of Liberty, while the other side features an image of an eagle with spread wings.

Because of their high silver content and historic value, Morgan Silver Dollars are highly sought-after by collectors and investors alike. Unlike some other types of silver coins, Morgans retain their value even when silver prices are low, making them a wise investment for those looking to diversify their portfolio.

What Does an 1890 Morgan Silver Dollar Look Like?

1890 Morgan Silver Dollar

Year 1890
EDGE Reeded
DIAMETER 38.10 millimeters
WEIGHT 26.73 grams
METAL 90% Silver, 10% Copper
DESIGNER George T. Morgan

The 1890 Morgan silver dollar is a beautiful coin with a rich history. The coin is made of 90% silver and 10% copper giving it a distinct silver color, and it has a diameter of 38.1 mm. It weighs 26.73 grams. It is composed of .77344 ounces of silver.

The 1890 Morgan silver dollar is a coin that features Lady Liberty on the obverse side and an eagle on the reverse. The words “E Pluribus Unum” and the date are also inscribed on the obverse side, while the words “United States of America” and “In God We Trust” can be found on the reverse.

Each coin has a mint mark on the reverse side, which indicates where it was made. Coins without a mint mark were made in Philadelphia, while those with a CC mint mark were made in Carson City. Coins with an O mint mark were made in New Orleans, and those with an S mint mark were made in San Francisco. If there is a mint mark, it will be located on the reverse side of the coin below the wreath. So, if you’re looking for a particular type of 1890 Morgan silver dollar, keep an eye out for the appropriate mint mark.

How Rare is an 1890 Morgan Silver Dollar?

 

1890 Morgan Silver Dollar

Location Year Minted
Philadelphia 1890 P 16,802,590
Philadelphia 1890 Proof 590
Carson City 1890 CC 2,309,041
New Orleans 1890 O 10,701,000
San Francisco 1890 S 8,230,373

The 1890 Morgan silver dollar is a relatively rare coin. The 1890 Morgan Silver Dollar was minted at four different mints across the country – Philadelphia, New Orleans, San Francisco, and Carson City. A total of 16,802,000 coins were minted at the Philadelphia mint, 10,701,000 were minted at the New Orleans mint, 8,230,373 were minted at the San Francisco mint, and 2,309,041 were minted at the Carson City mint. In addition, a total of 590 proof coins were minted at the Philadelphia mint.

While millions were minted, many were melted down over the years, and most of those that remain are in poor condition. So if you happen to have one of these coins in your possession, it might be worth more than you think!

Determining the Value of 1890 Morgan Silver Dollar

Determining the value of a 1890 Morgan Silver Dollar is not as difficult as one might think. The first place to start is with the silver melt value. All dollars are worth their silver melt value, regardless of mint location and condition. The silver melt value for a 1890 Morgan Silver Dollar is around $15, so that is a starting price.

However, you can get more for your dollar depending on the condition and mint mark. If the coin is in good condition and has a desirable mint mark, it could be worth significantly more than its silver melt value.

1890 Morgan Silver Dollar Value

Series Circulated value MS 60 value MS 65 value
1890 no mint mark $42 $70 $950
1890 O $45 $90 $1100
1890 S $42 $95 $950
1890 CC $200-$600 $750 $3500

1890 No Mint Mark Morgan Silver Dollar Value

1890 No Mint Mark Morgan Silver Dollar

Coins minted in Philadelphia (which did not have a mintmark) are the most common. A circulated 1890 Morgan silver dollar is worth around $42, while an uncirculated coin with a grade of MS 60 can sell for around $70. An extremely well-preserved coin with a grade of MS 65 can be worth $950 or more!

1890 O Morgan Silver Dollar Value

1890 O Morgan Silver Dollar

These coins carry the ‘O’ mintmark of the New Orleans Mint. Of all the Morgan Silver Dollars minted, the 1890 O is the second most common, after the ones from Philadelphia. So, in circulated condition it’s worth around $45. However, if you have an uncirculated coin it could be worth much more. Uncirculated coins with a grade of MS 60 can sell for around $90, while those graded MS 65 can fetch as much as $1,100!

1890 S Morgan Silver Dollar Value

1890 S Morgan Silver Dollar

The S in a Morgan silver dollar from 1890 means it was minted in San Francisco. The value of this coin is similar to Philadelphia coins from the same year. A circulated 1890 Morgan silver dollar is worth around $42, while an uncirculated coin with a grade of MS 60 can sell for around $95. An extremely well-preserved coin with a grade of MS 65 can be worth $950 or more.

1890 CC Morgan Silver Dollar Value

1890 CC Morgan Silver Dollar

Out of all the mints that produced Morgan dollars, the Carson City mint struck the fewest coins. As a result, CC-minted Morgan dollars are some of the most scarce and valuable coins on the market.

A circulated coin in good condition is worth around $200-$260, but an uncirculated coin can fetch a much higher price. An uncirculated coin with a grade of MS 60 can sell for around $750, while a coin with a grade of MS 65 can sell for upwards of $3,500. So, if you have aMorgan silver dollar, be sure to check for the CC mint mark. You just might have a valuable coin in your hands!

1890 Proof Morgan Silver Dollar Value

1890 Proof Morgan Silver Dollar

Proof coins are a type of collectible coin that is made using a special minting process. The coin is struck multiple times with a high-quality die, resulting in a frosted, matte finish. Because of the care that goes into their production, proof coins are typically much higher quality than regular circulated coins.

The 1890 Proof Morgan Silver Dollar is no exception – it is a highly coveted coin among collectors. In PR 63 condition, it is valued at around $3,750. Even in lower grades, the coin remains quite valuable, making it an excellent addition to any collection.

How to Find the Value of Your Morgan Silver Dollar

If you own a Morgan silver dollar, you may be wondering how much it is worth. There are a few factors that can affect the value of your coin, such as its condition and whether it is a rare date. However, one of the best ways to get an idea of your coin’s value is to compare it to similar items that have recently been sold.

By looking at recent sales, you can get a good idea of what collectors are currently willing to pay for a coin like yours. Of course, your coin’s final value may be higher or lower than the prices you see, but this can give you a starting point for determining its worth.

For example:

With a little research, you should be able to get a good idea of the value of your Morgan silver dollar.

What is the Most Expensive 1890 Morgan Silver Dollar Ever Sold?

In 2013, an 1890 Morgan silver dollar graded PR69 by NGC (Numismatic Guaranty Corporation) sold for $88,125. This coin is remarkable not only for its price tag but also for its grade. Proof coins are specially made for collectors and are of the highest quality, but even among Proof coins, this one is exceptional. Graded PR69, it is essentially flawless and is considered one of the most miraculous examples of the Morgan dollar in existence.

In 2008, another proof coin graded PR68 by NGC sold for $37,375, making it the second most expensive Morgan silver dollar ever sold. The coin’s extraordinary condition and classic design make it a highly sought-after collectors item. While most Morgan dollars are worth only a fraction of their original value, this coin’s exceptional quality makes it a truly rare find.

What Factors Determine the 1890 Morgan Silver Dollar Value

The Morgan silver dollar is a highly sought-after coin by collectors and investors alike. But what factors determine the 1890 Morgan silver dollar value? Let’s take a closer look.

Silver Melt Value

When determining the value of any silver coin, collectors and investors always look at the silver melt value. This is because the price of silver is constantly fluctuating on the open market and can have a large impact on the overall value of a coin. The silver melt value for a 1890 Morgan Silver Dollar is around $15.

However, this does not take into account the numismatic or collector value, which can be significantly higher. For example, a 1890 Morgan Silver Dollar in good condition may be worth $50 or more to a collector.

Condition

The value of a Morgan silver dollar depends on its condition. Circulated coins are worth less than uncirculated ones because they show wear from being used. However, circulated coins are still valuable, especially if they are in good condition. Uncirculated coins are worth more because they have not been used and so they are in mint condition.

Mint Mark

When it comes to Morgan silver dollars, the value of a coin can vary depending on its mint mark. The 1890 Morgan silver dollar was minted at four different Mints – Philadelphia, New Orleans, San Francisco and Carson City. Of these, the Carson City coins are generally more valuable than the others.

This is because relatively few Carson City dollars were minted compared to the other Mints, making them more scarce. So if you have an 1890 Morgan silver dollar with a CC mint mark, it’s likely to be worth more than a coin from another Mint.

5 Most Valuable 1890 Morgan Silver Dollar Ever Sold

5 Most Valuable 1890 Morgan Silver Dollar
No. Type Condition Sold Date Price
1 1890-CC $1 MS66 Feb 7, 2013 $45,531.25
2 1890 $1 PR68 Apr 7, 2006 $40,250.00
3 1890 $1 PR68+ Aug 2, 2017 $37,600.00
4 1890 $1 PR68 Oct 24, 2008 $37,375.00
5 1890 $1 PR68 Jan 9, 2009 $36,800.00

1. 1890-CC $1 MS66 Sold on Feb 7, 2013 for: $45,531.25

1890-CC $1 MS66 Sold on Feb 7, 2013 for $45,531.25

2. 1890 $1 PR68 Sold on Apr 7, 2006 for: $40,250.00

1890 $1 PR68 Sold on Apr 7, 2006 for $40,250.00

3. 1890 $1 PR68+ Sold on Aug 2, 2017 for: $37,600.00

1890 $1 PR68+ Sold on Aug 2, 2017 for $37,600.00

4. 1890 $1 PR68 Sold on Oct 24, 2008 for: $37,375.00

1890 $1 PR68 Sold on Oct 24, 2008 for $37,375.00

5. 1890 $1 PR68 Sold on Jan 9, 2009 for: $36,800.00

1890 $1 PR68 Sold on Jan 9, 2009 for $36,800.00

FAQ

What are the best silver dollars to collect?

The 1946 Roosevelt Dime, for instance, is highly sought-after due to its low mintage and attractive design. The 1917 Type I Standing Liberty Quarter is another popular choice, as it is the first year of issue for this iconic coin. Meanwhile, the 1932 Washington Quarter is prized for its unusual history – it was released during the Great Depression, at a time when most other coins were being hoarded. Finally, the 1807 Capped Bust Half Dollar and 1916 Walking Liberty Half Dollar are both considered to be classic examples of American coinage.

For many collectors, silver dollars are the holy grail. These large coins offer a glimpse into America’s past, and each one is unique in its own way. While there are many different silver dollars to choose from, certain examples stand out as being particularly desirable.

How to know if your silver dollar is fake?

There are a few things you can look out for if you’re trying to determine whether a silver dollar is fake. One is the weight of the coin. Silver dollars should weigh 26.73 grams, so if yours feels lighter than that, it may be counterfeit. Another thing to examine is the edge of the coin. Silver dollars have 118 raised vertical ridges on their edges, so if yours is lacking these ridges or has a different number, it may not be real.

You can also look at the printing on the coin. If any of the lettering is blurry or misspelled, that’s a red flag. Finally, take a magnet and see if it sticks to your silver dollar. If it does, that means it’s not made of pure silver and is therefore not a genuine silver dollar.

What year is the rarest Morgan Dollar?

The 1895 Morgan Dollar is one of the rarest and most valuable coins in the world. It was minted in only a handful of locations, and with a very limited mintage. As a result, the 1895 Morgan Dollar is a true collector’s item, and is sure to continue to be highly sought after for many years to come.

Final Thoughts

So, how much are 1890 Morgan silver dollars worth? If you have a coin that is circulated, you can expect to get anywhere from $42 to $260. If the coin is uncirculated, the value will be higher, ranging from $70 to $3500 or more. Of course, the final price will also depend on the condition of the coin as well as the mint mark. Coins from Carson City are generally more valuable than those from other mints.

In conclusion, the value of a 1890 Morgan silver dollar can vary significantly depending on a number of factors. If you are thinking about selling your coin, it is always a good idea to do some research beforehand so that you can get the best possible price.

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