1895 Morgan Silver Dollar
- 1895 Morgan Silver Dollar
- With a minimum 1895 Morgan silver dollar value in the hundreds of dollars, your coin is very scarce and very desirable to collectors. Relatively few 1895 dated silver dollars exist today. Original mintages at the time were only a fraction of most other dates. Because of its rarity a coin of this importance requires a close inspection to realize its full value.
- Search a list of auctions and see the realized prices for the coin Morgan Dollar, 1895 PR. Silver $26.97 (+0.60) 02-05 4:59 PM EST.
Produced for more than 40 years, the Morgan Silver Dollar was in circulation longer than any other. Heralded as boasting the best of all the Silver Dollar designs, the Morgan was an immediate hit with US citizens when it was released back in 1878. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859. Type: Morgan Silver Dollar Year: 1895 Mint Mark: S Face Value: 1.00 USD Total Produced: 400,000 Silver Content: 90% Silver Weight.7735 oz. Silver Melt: $17.6 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $634, while one in certified mint state (MS+) condition could bring as much as $18,000 at auction.
Coin Info
The 1895 Morgan Silver Dollar fills Morgan Dollar year set collectors on a shoestring budget with dread. It is quite reasonable to expect a minimum outlay of $500 to $800 for any example of an 1895 Morgan Dollar. If your goal is a complete date-and-mintmark set of Morgan Dollars, the 1895 Philadelphia piece will present a significant challenge.
The 1895 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Since no circulation strikes are known to exist for the 1895 Morgan Dollar, proof examples are extremely expensive.
1895 Morgan Silver Dollar Mintage Figures
- 1895 Proof (no circulation strikes are known to exist): 880; $35,000+
- 1895-O: 450,000; $750+
- 1895-S: 400,000; $500+
For the scarce 1895 Philadelphia Morgan Dollars that still exist, they most often only come up as auction pieces, though a few will appear in the hands of established coin dealers. Interestingly, the only version of the Philadelphia issue known to exist is a proof; there are no indicated business strikes. As for the New Orleans and San Francisco issues, expect a hide-and-seek game when it comes to tracking down either of the two branch mint pieces from 1895. While neither branch mint 1895 Morgan Dollar is nearly as rare as the 1895 Philadelphia Morgan Dollars, you will still have to overcome some hurdles while you are looking to add those pieces to your collection. It’s prudent that any 1895 Morgan Dollar you buy should be in a slab with a recognizable third-party logo.
Other Years From This Coin Series
Latest Blog Posts
Latest Blog Posts
- 1896 Morgan Silver Dollar
Coin Info
1895 Morgan Silver Dollar Vf
Morgan Silver Dollars from the latter half of the 1890s are not nearly as expensive as those from the first half and, most particularly, the middle part of the decade. 1896 Morgan Silver Dollars are quite reasonable in price as compared to issues from 1893, 1894, and 1895. While the San Francisco issue from 1896 is a fairly expensive coin in all grades, the regular-issue Philadelphia and New Orleans pieces can be bought in the lower circulated grades for only a small premium over their melt value.
The 1896 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1896, are rare which makes them expensive.
1896 Morgan Silver Dollar Mintage Figures
- 1896: 9,976,000; $35+
- 1896-O: 4,900,000; $35+
- 1896-S: 5,000,000; $100+
- 1896 Proof: 762; $3,000+
Because of high mintage figures, the 1896 and 1896-O Morgan Silver Dollars should not be difficult to locate and can be safely bought raw nearly anywhere. The 1896-S dollar, given its scarcity on the market, should be purchased as slabbed because there are a large number of counterfeit and altered silver dollars on the market. Given the relatively high volume of 1896 Morgan Dollars available, you shouldn’t feel rushed into purchasing the first one you see. Unless you are focusing your efforts on collecting a low-grade set of Morgan Dollars, hold out for higher-end pieces if your budget and tastes warrant.