1896-S Morgan Silver Dollar

The 1896-S Morgan Silver Dollar had a total of 5 million coins minted at the San Francisco Mint. The 1896-S Morgan Dollar is more common and easy to find in circulated grades, and more rare in Mint State, which is common for the Morgan Dollars made in this year. Many of these Morgan Silver Dollars were paid out during the 1950s and there wasn’t much attention paid to them. 

 

History of the 1896-S Morgan Silver Dollar

The 1896-S Morgan Silver Dollar commands a pretty penny due to the demand for Mint State coins. This demand has also driven up the price of circulated coins as well. The 1896-S in Mint State is an elusive coin for San Francisco Mint coins, but less rare than the 1892-S and 1893-S Morgan Silver Dollar coins. Most of the 1896-S Morgan Dollars have an average strike with an average to above average luster. And though you may find some of these coins with a soft strike at the centers, even those 1896-S Morgan Silver Dollars are quite aesthetically pleasing. 

 

1896-S Morgan Silver Dollar Value

The 1896-S Morgan Silver Dollar value can bring in upwards of $400,000. This coin is fairly common, yet can still be expensive, in circulated grades, and becomes rare and much more expensive as you reach higher grades. It’s important to check for authenticity with the 1896-S Morgan Dollar because counterfeit pieces are sometimes a problem with an “S” being etched into a Philadelphia Mint coin. The 1896-S Morgan Silver Dollar would make a great and valuable addition to a Morgan Dollar series collection. 

 

Type of coin: Silver Dollar

Year: 1896-S Morgan Silver Dollar

Morgan Silver Dollar Mint Mark: San Francisco

Total mintage: 5,000,000

Metal content: 90% Silver, 10% Copper

Face value: One dollar

Weight: 27.20 grams

Edge: Reeded

Designer: George T. Morgan

Diameter: 38.10 millimeters