History, Information, and Value of 1898 Morgan Dollar
Value of 1898-S Morgan Silver Dollar
The Treasury Department released numerous bags of 1898-S Morgan Silver Dollars well before the large-scale 1962-1964 releases. In worn grades, the 1898-S is common. Enough Mint State coins exist that they are within reach of most collectors, though prices for gem pieces graded MS-65 and above are much higher. Coins are usually well struck, with some exceptions. Most are lustrous and attractive. The San Francisco mint did not produce any proofs for the 1898-S Morgan Silver Dollar.
This Year Should be an Easy Find for Circulated Coins: Always available in EF and AU without too much searching.
Higher Grades Are Always Preferred, and Won’t be Worth as Much as You May Think: There are enough Mint State examples of the date available that collectors who wish to obtain an MS-63 or MS-64 example can do so with just a modest search. Look for a nicely struck example with lively luster no matter the grade you settle on.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1898.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; S.” 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.
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