Today's bullion price is a large part of 1898 Morgan silver dollar value, currently your coin is worth at least $17.50 . However collector quality pieces are worth many times this minimum.
Top condition silver dollars are avidly sought by collectors, with "uncirculated" examples commanding the highest value. Pictured to the right is just such a coin. Never entering circulation, still as minted and featuring bright luster, it is a nice collector coin. To judge condition and arrive at an accurate value of your 1898 dollar see the "grading" section below.
Also of importance is the mint that struck your coin. Currently there is premium for those minted at the San Francisco mint. The value chart shows the "S" mintmark is worth more in all of the condition classes.
Many heavily worn 1898 examples exist, most priced at silver bullion. Highlighted below is an auction appearance of a rare 1898 silver dollar that combines both a scarce mintmark and the rare gem uncirculated condition. Judge closely if your coin is above average and collector quality.
Mintmarks placed on these 1898 dollars indicate the branch mint that struck your coin. The main mint in Philadelphia did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints. San Francisco minted coins used an "S" and the New Orleans mint placed an "O" in the location.
|1898 Morgan Silver Dollar Values|
|Condition of Coin|
|1898 Morgan Silver Dollar Values Updated||11/23/2015|
Quality of surface preservation elevates this 1898 silver dollar to collector status. Add in its San Francisco origin and the combination greatly raises value.
Notice the satiny almost mirror bright fields surrounding Liberty, they typify an early strike of this pare of dies. Fine details are exceptionally bold and sharp, visible in the fine strands of hair.
Setting this dollar further apart from the rest are the remarkable blemish free surfaces. Normal contact marks and nicks are virtually absent. Without abrasions distracting the eye, the hint of golden toning along the rim nicely frames the silver white center of this gem 1898 silver dollar.
A featured Morgan dollar in a David Lawrence rare coin auction its value rose to $4542 as a winning bid. Top quality silver dollars are avidly sought by knowledgeable collectors. Each must be evaluated as to its collector appeal.
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 1898 Morgan silver dollar value.
Uncirculated: To reach "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: Wear has started to diminish small details of the hair just behind Liberty's ear and forehead. Further behind the ear the folds of the cap are now just slightly flattened. On the revere, small amounts of wear are visible on the tops of the wings, and obvious on the neck and breast feathers. Light overall wear defines an 1898 Morgan silver dollar in extremely fine condition.
Fine: Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to "fine" condition. Leaves surrounding the cotton blossoms are only outlines lacking inner detail. Many finer strands of hair have worn to the point of combining into larger flattened areas. Your silver dollar gives the impression of wear but not excessive.
Good: An 1898 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 is smooth and connecting to her cheek. Liberty is visible in the head band but the cotton blossoms are now lost. With the exception those minted in San Francisco 1898 Morgan silver dollar value in this grade is tied to its metal content.
Morgan Silver Dollar Values | Rare Mintmarks and Condition Highlighted
Every collector admires these large silver coins, every collector wants one. Their popularity is immense. Worth over $16.89 each because of silver content alone. Check your coins with the grading images and value charts. Find a rare date, mintmark or a better condition coin and Morgan silver dollar values start climbing.
Complete Silver Dollar Values
No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1898 Morgan silver dollar value. Compare your coins to images in the sections "How to grade Silver Dollars" and accurately discover how much your old dollars are worth.
Coin Values Discovery finds... 1898 Morgan Silver Dollar Value and...
It is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncovers the common to rare coin values found in your box of old coins.
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.