The value of an 1889 Morgan silver dollar can vary significantly depending on its mint mark and condition. Here’s a summary of the factors and estimated values:
- Mint Mark: 1889 Morgan Dollars were minted in Philadelphia (no mint mark), New Orleans (“O”), San Francisco (“S”), and Carson City (“CC”). The Carson City mintmark, “CC”, is the rarest and most valuable.
- Condition/Grade: The state of preservation of the coin greatly impacts its worth. Uncirculated (Mint State or MS) coins are the most valuable, followed by Extremely Fine (XF), Fine (F), Very Fine (VF), and Good (G).
- Rarity: Low mintage numbers and the number of coins surviving in good condition play a role in a coin’s rarity and value.
- Errors: Coins with errors, such as off-center strikes, double strikes, or clipped planchets, can also be quite valuable.
- Proof Coins: Proof coins, which were specially struck for collectors, can fetch significantly higher prices.
Here’s an estimated range of values based on the mint mark and condition of the 1889 Morgan dollar:
- 1889 (Philadelphia, no mint mark): Circulated coins typically range from $45.50 to $63, while uncirculated coins can reach up to $35,500.
- 1889-O (New Orleans): Circulated coins range from $45.50 to $225, with uncirculated coins fetching up to $45,000.
- 1889-S (San Francisco): Circulated coins are typically worth $40 to $225, and uncirculated coins can be valued at up to $30,000.
- 1889-CC (Carson City): This is the most sought-after mint mark. Circulated coins can range from $425 to $22,000, while uncirculated coins are highly rare and can sell for as much as $1,200,000.
- The prices listed above are estimates and can fluctuate depending on market demand and the specific condition of the coin.
- Having your coin professionally graded by a reputable service like PCGS or NGC is crucial for an accurate valuation.
- Proof coins and coins with errors can command higher prices than their non-proof counterparts.
How do I know if my 1889 silver dollar is CC?
So if we flip it over on the reverse. You can see just below the eagle. Below that wreath there are two letters CC which stands for Carson. City. Now many of you might not realize.
What is the error on the 1889 Morgan silver dollar?
Thanks for asking. Clashed Dies : Clashed die errors occur when the obverse and reverse dies strike each other without a planchet in between, leaving impressions from one die on the other. A popular example is the 1889-P Morgan Silver Dollar with a clashed “E” visible on the reverse.
Where is the mint mark on the 1889 Morgan Dollar?
From my experience, Morgan. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The mint mark, if present, appears on the reverse above between D and O in “Dollar”. The dollar was authorized by the Bland–Allison Act.