coin

1897 O Morgan Silver Dollar  

CoinTrackers.com has estimated the 1897 O Morgan Silver Dollar Value | CoinTrackers at a minimum of $30, one in perfect condition can be worth $60000 or more. (see details)...

1897 O Morgan Silver Dollar

Type: Morgan Silver Dollar
Year: 1897
Mint Mark: O
Face Value: 1.00 USD
Total Produced: 4,004,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $15.02
Value: As a rough estimate of this coins value you can assume this coin in poor condition will be valued at somewhere around $30, while one in "perfect" condition can bring $60000. This price does not reference any standard coin grading scale. So when we say poor, we mean worn more than would be expected from a coin in this age, and perfect meaning it looks "perfect" without flaw and possibly even certified. [?].

Additional Info: The New Orleans 1897 Morgan Silver Dollars seem to be selling for much more than the ones mint in San Francisco or Philadelphia, not sure why that is. All Morgans are 90% silver and the mint mark is on the back under the wreath.

Numismatic vs Intrinsic Value: This coin in poor condition is still worth $14.98 more than the intrinsic value from silver content of $15.02, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth.

Current silver melt value* for a 1897 O is $15.02 and this price is based off the current silver spot price of $19.42 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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**When we say that 4,004,000, of these coins were produced or minted in 1897 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at auctions/estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.

We use user submitted pictures please read that article if you are interested in adding your own.

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