1890 Morgan Silver Dollar
The Philadelphia Mint was known for mass-producing the Morgan Silver Dollars. The 1890 Morgan Silver Dollar had a total mintage of roughly 16.8 million. These coins are relatively common and plentiful due to the number produced and are typically easy to find in circulated and Mint State grades. The 1890 Morgan Silver Dollar isn’t as popular as some of the other Morgan Dollars, but it is an accessible addition to complete any Morgan Dollar series collection. Continue reading to learn more about 1890 Morgan Silver Dollar value.
AUCTION RECORD: $5,280 • MS65+PL
Image source: PCGS
History of the 1890 Morgan Silver Dollar
The Morgan Silver Dollar was designed by George T. Morgan, an assistant at the United States Mint at the time. The 1890 Morgan Silver Dollar often has a poor strike and a dull and grainy luster. Many of the 1890 Morgan Dollars were stored and, as a result, are oftentimes heavily bagmarked, especially on lower grade pieces. Although the 1890 Morgan Silver Dollar isn’t the most popular of the Morgan Dollars, it is still possible to find a well-struck coin with crisp details. Finding one of these coins might pose a challenge and cherrypicking is essential.
1890 Morgan Silver Dollar Value
The 1890 Morgan Silver Dollar value ranges from under a hundred dollars to upwards of the low tens of thousands. The 1890 Morgan Silver Dollar worth varies based on the quality, strike, and luster of the coin. An attractive 1890 Morgan Silver Dollar can be hard to find, but it’s not impossible. There are many brilliant, uncirculated coins floating around out there that would make an excellent and appealing addition to any collection.
Type of coin: Silver Dollar
Year: 1890 Morgan Silver Dollar
Morgan Silver Dollar Mint Mark: Philadelphia
Total mintage: 16,802,000
Metal content: 90% Silver, 10% Copper
Face value: One dollar
Weight: 27.20 grams
Edge: Reeded
Designer: George T. Morgan
Diameter: 38.10 millimeters
FAQ
What factors influence the 1890 Morgan Silver Dollar value?
The Morgan Silver Dollar value, particularly for the 1890 edition, is influenced by its mint mark, condition (or grade), rarity, and silver content. Varieties and recognized errors can also significantly impact its value.
How much is a typical 1890 Morgan Silver Dollar worth?
A typical 1890 Morgan Silver Dollar in circulated condition might be worth around $25 to $50. Uncirculated examples, depending on their grade, can fetch from $50 to several hundred dollars.
What is the value of an 1890-CC Morgan Silver Dollar?
The 1890-CC Morgan Silver Dollar, minted in Carson City, is particularly valuable due to its lower mintage numbers. Its value can range from about $100 in lower grades to over $1,000 for higher uncirculated grades, with rare examples fetching even higher prices.
Are there any rare varieties of the 1890 Morgan Silver that significantly impact its value?
While the 1890 Morgan Silver Dollar is not known for particularly rare varieties like some other years, the "CC" mint mark version is highly sought after. The overall rarity and condition of the coin significantly impact its value.
What is the highest grade and value achieved by an 1890 Morgan Silver Dollar?
The highest grades for an 1890 Morgan Silver Dollar can reach up to MS67, with values that can exceed several thousand dollars, especially for well-preserved examples with the Carson City (CC) mint mark.
How does the mint mark affect the 1890 Morgan Silver Dollar value?
The mint mark on an 1890 Morgan Silver Dollar significantly affects its value. The Carson City (CC) mint mark versions are often more valuable due to their historical significance and lower mintage numbers, compared to those from Philadelphia (no mint mark), New Orleans (O), or San Francisco (S).
Can the silver content of the 1890 Morgan Silver Dollar influence its value?
Yes, the silver content of the 1890 Morgan Silver Dollar, which is 90% silver, provides a base value tied to the current silver bullion market. However, the numismatic value for collectors often exceeds the melt value.
Where is the best place to sell an 1890 Morgan Silver Dollar?
The best places to sell an 1890 Morgan Silver Dollar include reputable coin dealers, numismatic auctions, coin shows, and online platforms that specialize in coins. Authenticity and condition are key to achieving the best price.
What should collectors look for when purchasing an 1890 Morgan Silver Dollar?
Collectors should examine the coin's condition, mint mark, and overall eye appeal. Purchasing graded coins from reputable grading services can also offer assurance regarding the coin's authenticity and condition.
How should I store my 1890 Morgan Silver Dollar to preserve its value?
To preserve the value of your 1890 Morgan Silver Dollar, store it in a cool, dry place, ideally in a protective holder or capsule designed for coin storage. This protects the coin from environmental damage and physical wear.
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