Coin Values Moving with Precious Metals: Up-Dated 4/22/2024: Gold $2367 | Silver $27.88
1896 Morgan Silver Dollar Value
Pushed higher by bullion prices your 1896 Morgan silver dollar value is a minimum of $26.36 . 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. Philadelphia, New Orleans and thirdly, valued the highest are those from the San Francisco mint. Presence of a mintmark is easy to identify, locate them with the help of the image below the value chart and determine if your silver dollar has an "O" or "S" mintmark or no mintmark on the reverse.
Pay particular attention to you coin if it's the 1896-S. Values begin to rise significantly in the upper collector grades starting with the extremely fine condition.
Next of great importance to value is the condition of your Morgan dollar. Rare coin dealers and collectors avidly search for nice condition coins. Top quality is rare and desirable. However less popular are heavily worn 1896 silver dollars, these trade close to silver value. Have a close look at your coin, if it still retains its original detail with no wear it is easily a higher value silver dollar.
Mintmarks are a small but important detail deciding 1896 Morgan silver dollar value. Finding your coin was struck at the San Francisco mint, identified by an "S" mintmark on the reverse increases the potential value. Just below the ribbon is either an "S" for the San Francisco mint, or an "O" indicating New Orleans. If none is found your coin was minted at the Philadelphia mint.
| 1896 Morgan Silver Dollar Values | ||||
|---|---|---|---|---|
| Condition of Coin | ||||
| Date | Good | Fine | Extremely Fine | Uncirculated |
| 1896 Morgan Silver Dollar Values Updated | 4/22/2024 | |||
| 1896 | $26.36 | $26.36 | $29.27 | $53.62 |
| 1896 O | $32.29 | $34.15 | $41.12 | $1,413 |
| 1896 S | $32.29 | $34.15 | $321 | $2,502 |
Auction Highlight: 1896 Morgan Silver Dollar Value
Original, "uncirculated" condition 1896 dollars are scarce. Among these are a rare few silver dollars that stand out because of exceptional eye appeal. Pictured is an 1896 dollar, primarily scarce because it was minted in San Francisco, and now elevated to rare status because of condition.
Carefully handled since minted this coin has minimal contact marks and scuffs. Truly fortunate because in 1896 silver dollars were stored and transported in bags of 1000 coins. As such they immediately began to accumulate nicks and dings. Those few survivors without heavy marks are highly prized today.
Also setting this coin apart is the quality of luster. Semi reflective fields frame the bright white portraits and letters. In total, a very special silver dollar.
When offered at a David Lawrence auction this coin drew multiple bids. The final price settling at $2,530. High quality plus collector demand resulted in a strong 1896 Morgan silver dollar value.
Value of Your 1896 Silver Dollar is Conditional
Judging the condition of your coin is one of the subtle ways 1896 Morgan silver dollar value changes. Dates and mintmarks are prominent and certain. Grading requires determining the amount of wear, if any, has taken place. Compare your dollar to the images and descriptions. With a little time and study these small changes in appearance become apparent.
Uncirculated: A silver dollar in "uncirculated" condition has never circulated through commerce. Showing no signs of wear, your coin should still have the look of brand new. Any loss of metal due to wear appears on Liberty's temple and coronet within the hair.
Extremely Fine: Slight wear but still sharply defined with abundant detail remaining defines the extremely fine grade. A couple of points to examine, the hair behind the ear and the large cotton blossoms just above. These should still retain ample detail but also display evidence of minor wear.
Fine: Slight wear but still sharply defined with abundant detail remaining defines the extremely fine grade. A couple of points to examine, the hair behind the ear and the large cotton blossoms just above. These should still retain ample detail but also display evidence of minor wear.
Good: Lack of design defines this old silver dollar as "Good" condition. Liberty is mostly an outline, once a cap, hair curls and head band are now obscured. Lettering now connects to the rim in places but readable. Lack of any hair line above the forehead places this coin solidly in this lower grade. Showing excessive wear, your 1896 Morgan silver dollar value is tied closer to its silver content than collector value.
Coin Values | CoinStudy Articles
Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921
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 $25.44 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.
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 1896 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... 1896 Morgan Silver Dollar Value and...
All old US coin values. Value charts in combination with grading images to judge condition discovers how much your old coins are worth. Get the best price if selling by knowing the accurate value of all your coins.
Preparing to Sell Silver Coins
Silver dollars, the Morgan and Peace series, are in demand by dealers. These old coins are very liquid in the coin collecting market. There are always buyers interested in purchasing your coins. Receive the highest price by separating the collectable from the bullion priced pieces. For more info see the Sell Silver Coins article.