History, Information, and Value of 1889 Morgan Dollar
Value of 1889 Morgan Silver Dollar
The total of 21,726,000 dollars struck distinguishes the 1889 Morgan Silver Dollar as the highest minted dollar of the early series from 1878 to 1904. However, millions of these Philadelphia Mint coins were likely melted under the Pittman Act of 1918 and/or the 1942 Silver Act, and as a result, the 1889 Morgan is not the most common Morgan silver dollar today. Generally, the 1889 $1 can be found in all circulated grades as well as in lower Mint State grades. Most dollars of this year are indifferently struck and lackluster. Finding a deeply frosty coin with a sharp strike can be a challenge, but worth the effort. Numerous Proofs of the date are available though caution is necessary in finding just the right specimen. Proofs of the date are generally softly struck at the centers and lack any degree of cameo contrast-find a cameo with a sharp strike and you’ll have a world-class Proof Morgan of the date on your plate.
Circulated Coins Should be Easy to Track Down: All circulated grades can be obtained for this date with choice EF and AU coins always in demand.
Adding a Gem UNC to Your Collection is Well Worth It: Mostly available at MS-63 or 64, we suggest the MS-64 grade is ideal when you can find a sharply rendered and lustrous specimen. Gems exist in smaller quantities but can be found with little or no extra effort.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1889.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!