1897 Morgan Dollar Value

1897 Morgan Dollar Value

Year – Type
Business
Proof
VG8
VF20
EF45
AU55
MS63
MS65
1897
2,822,000
731
$24
$27
$32
$35
$58
$252
1897 PL
 
$112
$597
1897 DMPL
$246
$3,586

1897 Morgan Dollar Value Facts:

1897 Morgan Dollar Value is affected in part by the price of silver, but mostly their value is determined by their mintage (survival rate), their grade and condition.

The mintage is how many were minted by the United States Mint and survival rate is how many 1897 Morgan Dollars have survived over the years. Grade is how much wear the coin has sustained during its time in circulation, and grades are from Fair 1 through MS68, so a G4 (Good) 1897 Morgan Dollar is worth at least $20 and one graded MS64 (Mint State) is worth around $100.

An 1897 Morgan Dollar graded value also depends on which grading service certified the coin with PCGS bringing top value and NGC, ANACS and ICG following in that order. Any other grading service holder is usually considered a raw coin by serious coin collectors and the experts.

Collectors should be warned about counterfeits and fakes because they’re numerous and some are dates and mints that never existed; while others can be housed in fake grading holders. You can learn more about fake and counterfeit Morgan Dollars HERE.

Specifications:

  • Designer: George T. Morgan
  • Diameter: 38.1 millimeters
  • Metal Content:
      Silver – 90%
      Copper – 10%
  • Weight: 26.73 grams
  • Edge: Reeded
  • Mint mark:
      None (Philadelphia Mint)
      D (Denver Mint – 1921 only)
      S (San Fransisco Mint)
      O (New Orleans Mint)
      CC (Carson City Mint)
  • Mintage
      Business: 2,822,000
      Proofs: 731

Note: This George T. Morgan creation has become America’s most collected, famous, and abundant silver dollar. Coupled with the coin’s size, silver content, beautiful design and high mintages it’s no wonder it’s coin collectors most favorite coin.

1897 VAM Values

‘-‘ indicates no coins sold at these grades
¹‘ indicates on Top 100 list
²‘ indicates on Hot 50 list

VAM
Short Description
G4
F12
EF40
AU55
MS63
MS65
6A
Pitted Reverse w/ Near Date¹
$75 $108 $232
8
DDO Stars²
$60 $78 $188