When evaluating the value of a 1989 dollar coin, it is important to first identify the type of coin you have. The two main types of U.S. dollar coins minted in 1989 are the:
- 1989 American Silver Eagle: This is a bullion coin containing 1 troy ounce of 0.999 fine silver. Its value is primarily driven by the fluctuating price of silver, plus any collector premium associated with its condition, rarity, or specific variety.
– Uncirculated versions: These typically sell for a price above the current spot price of silver . For example, the 1989 American Silver Eagle in Uncirculated condition can sell for around $120.
– Proof versions: The 1989 Proof Silver Eagle was produced at the San Francisco Mint and has an “S” mint mark . These proof coins are considered more valuable than regular strikes and their value can range from $70 to $260 depending on their grade and condition . For example, a 1989 Silver Eagle San Francisco Mint Proof in its original government packaging can be purchased for $99.95 . A 1989-S $1 1-oz Silver Eagle NGC PF69 can be worth around $149 . A 1989 S Proof Silver Eagle in Original US Mint Packaging with a Certificate of Authenticity in pristine condition with no spots can sell for $74.95.
– Melt Value: The melt value of a 1989 American Silver Eagle is based on the current market value of silver. As of August 13, 2025, the melt value was $38.58.
– Other varieties and errors: A 1989 American Silver Eagle PCGS MS69 Monster Toning Toned Coin Purple and Orange sold for $180 . A [1989 American Silver Eagle Mint Error MS69 Reverse Struck Thru NGC] sold for $66.
- 1989 Congress Bicentennial Silver Dollar: This is a commemorative coin issued to celebrate the 200th anniversary of Congress.
– Proof versions: A 1989 Congress Silver Dollar Proof in its original U.S. Mint packaging as released can be purchased for $49.95 . A [1989 S $1 pcgs Pr-68dcam Congress Commemorative] with incredible toning can sell for $875 . A 1989 S United States Usa Congress Bicentennial Old Silver Dollar Coin , certified by NGC PF 69 ULTRA CAMEO, can be purchased for $648.50.
– Uncirculated versions: The 1989-D Congress Bicentennial Silver Dollar in Choice Uncirculated condition can be purchased for $88.50 . A [1989 D Congress Bicentennial Commemorative Silver Dollar Coin Ngc Ms70] can be purchased for $425.
- [
1989 Silver Eagle $78.00]
- [
1989 S $1 pcgs Pr-68dcam Congress Commemorative ️way Past ️$875.00]
- [
1989 D Congress Bicentennial Commemorative Silver Dollar Ngc Ms70 $1,250.00]
In summary, the value of a 1989 dollar coin depends on:
- Type: American Silver Eagle (bullion) or Congress Bicentennial Silver Dollar (commemorative).
- Condition/Grade: Uncirculated, Proof, or graded by a third party (like PCGS or NGC).
- Mint Mark: Proof Silver Eagles from 1989 were minted in San Francisco (S mint mark).
- Rarity/Errors: Coins with errors or unique toning can be more valuable.
Disclaimer: Coin values are subject to change based on market conditions, the specific coin’s characteristics, and buyer demand. The prices mentioned are examples from current listings and online resources and should be considered as a general guide. It is always recommended to consult with a professional coin dealer or appraiser for an accurate valuation of your specific coin.
How much is a 1989 dollar coin worth?
All 1989 ASE coins consist of one ounce of pure silver. Because of that silver content, each regular issue 1989 $1 silver coin usually sells for around $2 above or below the current price of an ounce of silver depending on if you are buying or selling.