how much is 1889 Morgan Silver Dollar worth
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1889 Morgan Silver Dollar Value

The 1889 Morgan Silver Dollar is worth more than its face value, due to its rarity and silver bullion content. Continue reading if you want to know how much is an 1889 Silver Dollar worth.

1889 Morgan Silver Dollar obverse
Obverse
1889 Morgan Silver Dollar reverse
Reverse

Coin Specification

  • Type: Morgan Dollar
  • Country: United States
  • Year: 1889
  • Face Value: 1 USD
  • Silver Weight: 0.7734oz
  • Metal Composition: 90% silver – 10% copper

The 1889 Morgan silver dollar Coin’s obverse (Head) features the lady liberty side, along with the inscription 1889 – E PLURIBUS UNO LIBERTY. The reverse (tail) features the eagle and wreath along with the inscription UNITED STATES OF AMERICA  – IN GOD WE TRUST – ONE DOLLAR.

1889 Silver Dollar can be found in different versions of mintage types:

  • 1889 Dollar without a mint mark, was struck at the Philadelphia mint with a total quantity of 21,726,000.
  • 1889 S Dollar, was struck at the San Francisco mint with a total quantity of 700,000.
  • 1889 O Dollar, was struck at the New Orleans mint with a total quantity of 11,875,000.
  • 1889 CC Dollar, was struck at the Carson City mint with a total quantity of 350,000.

Note: The mint mark for the 1889 Dollar is visible on the reverse, beneath the wreath. 

How Much is an 1889 Silver Dollar Worth?

There is 0.7734oz of silver in each 1889 Silver dollar coin. Because of its high silver content, the 1889 silver dollar in circulated condition typically is worth between $16.50 to $34 based on a silver spot price of $21 per ounce. However, the 1889 CC silver dollar in an uncirculated AU50 condition is worth about $9,700 and in AU55 is worth about $15,500.

1889 silver dollar without a mint mark in MS64 condition is worth about $330 and in MS66 condition is worth about $659. The 1889 O silver dollar in an uncirculated MS64 condition is worth about $1,000 and in MS65 condition is worth about $2,700.

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