The 1896 Morgan silver dollars have actually value together both numismatic coins and as silver bullion. Keep analysis to learn an ext about this coins.




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Specifications

Type: Morgan silver Dollar Year: 1896 Face Value: $1.00 Composition: 90% silver, 10% copper Silver Weight: .77344 oz. Total Weight: 26.73 grams Current silver- Bullion Value: $18.81


The US produced the 1896 silver dollar with no mint note and likewise the 1896 O silver- dollar and 1896 S silver- dollar. The mint mark, once present, deserve to be found on the turning back side the the coin below the wreath.


Series LocationQuantity Minted
1896Philadelphia9,976,000
1896 ONew Orleans4,900,000
1896 SSan Francisco5,000,000

Value

This coin in circulated problem is precious at least its weight in silver. The silver melt value for this coin is $18.81 as of October 22, 2021. This melt value is calculated indigenous the current silver spot price the $24.33 every ounce.


The 1896 silver- dollar with no mint note is worth roughly $30 in an extremely fine condition. In exceptionally fine problem the value is around $33. In uncirculated problem the price is roughly $50 because that coins with an ms 60 grade. Uncirculated coins with a grade of ms 65 can sell for roughly $160.


The 1896 O silver- dollar is worth approximately $42 in really fine condition. In extremely fine condition the worth is about $45. In uncirculated problem the price is about $1,700 for coins with an multiple sclerosis 60 grade. Uncirculated coins v a class of ms 65 can sell for around $160,000.


The 1896 S silver- dollar is worth around $75 in really fine condition. In very fine condition the value is around $250. In uncirculated condition the price is about $2,600 for coins with an multiple sclerosis 60 grade. Uncirculated coins v a great of multiple sclerosis 65 deserve to sell for around $9,500.


Proof coins v no mint mark are obtainable and they are each valued at approximately $3,000 in PR 63 condition. There were only 762 proof coins minted.

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Grading System

Very fine- two thirds that Liberty"s hair currently from over her forehead to her ear are visible.

Extremely fine- Liberty"s hair lines and also ear look at strong.




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MS 60 uncirculated- There space no signs of wear. The coin has luster, but there might be a couple of stains, abrasions, or surface marks.

MS 65 gem uncirculated- there is solid luster and eye appeal. A couple of light contact marks are present however they are barely noticeable.

PR 63 proof- This coin has actually reflective surfaces and only a couple of blemishes far from the major focal points. There space no major flaws.


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