CoinTrackers.com has estimated the 1889 Morgan Silver Dollar value at an average of $27, one in certified mint state (MS+) could be worth $200. (see details)...
Type:Morgan Silver Dollar
Year:1889
Mint Mark: No mint mark
Face Value: 1.00 USD
Total Produced: 21,726,000 [?]
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 $27, while one in certified mint state (MS+) condition could bring as much as $200 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 1889, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921, and in 2021. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar. Type: Morgan Silver Dollar Year: 1889 Face Value: $1.00 Composition: 90% silver, 10% copper Silver Weight.77344 oz. Total Weight: 26.73 grams Current Silver Bullion Value: $20.81. The US minted the 1889 silver dollar with no mint mark and also the 1889 CC silver dollar, 1889 O silver dollar, and 1889 S silver dollar. The mint mark, when. 1889-CC Morgan Silver Dollar - PCGS Genuine Cleaned-VF Detail - 6980 ENN COINS. 1889 CC PCGS XF45 Rare Carson City Morgan Dollar. USA Coin Book Estimated Value of 1889-CC Morgan Silver Dollar is Worth $1,088 in Average Condition and can be Worth $26,067 to $349,954 or more in Uncirculated (MS+) Mint Condition.
Additional Info: Just 811 Proof Morgan Silver Dollars were issued in 1889, and they are selling for somewhere between $2,000-$2,400. All Morgans are 90% silver and contain .7735 oz of pure silver.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $5.95 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 1889 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.
Want to join CoinTrackers and Track Your Coins 100% FREE?
More of the Same
All US Dollar Coins
- *list does not count the newer Presidential Dollars
Most Valuable Coins by Type...
[Top of Page]
**When we say that 21,726,000, of these coins were produced or minted in 1889 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.
[Top of Page]
***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.
1889 Silver Dollar Value Today
We use user submitted pictures please read that article if you are interested in adding your own.
1889 Morgan Silver Dollar Ebay
[Top of Page]