- Year: 1897
- Mint Mark: O
- Type: Morgan Silver Dollar
- Price: $35.00-$47000.00
- Face Value: 1.00 USD
- Produced: 4,004,000 **
- Edge: Reeded
- Silver Content: 90%
- Silver Weight: .7735 oz.
- Melt Value: $17.02
Notes: 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. MS-65 O 1897 Morgans are selling for between $30,000 and $55,000.
What's a 1897 O Morgan Silver Dollar worth?
In Average Circulated (AC) condition it's worth around $35.00, one in certified mint state (MS+) condition could bring as much as $47,000 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1897, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].
If you are a fan of coin roll hunting or just want to learn more about morgan silver dollars then search or scroll below to find the most valuable and rarest in this series.
The most valuable Morgan Silver Dollar's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.
|Sign In or Register to see all content.|
Want more? Click here to see the most valuable coins ever minted.
Hardest to Find
The rarest and hardest to find Morgan Silver Dollar's Check out each link to learn more about each coin.
What is the rarest Morgan Silver Dollar?
Are 1897 O Morgan Silver Dollars Silver?
Yes! Morgan Dollar's produced in 1897 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. Silver weight is measured in troy ounces. Troy ounces weigh about 2 grams more than the standard ounce. CoinTrackers has built a tool that will let you know if your coin is silver or not. The tool is called Is My Coin Silver?.
You may also like...
- Silver Calculator get value of silver coins
- Find Silver Coins how to find cheap silver coins
- US Silver Coins shows silver content of us coins
- Silver Price live silver price
Numismatic vs Intrinsic Value:
This coin in poor condition is still worth $17.98 more than the intrinsic value from silver content of $17.02, 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.
Current silver melt value* for a 1883 CC Morgan Silver Dollar is $17.02 and this price is based off the current silver spot price of $22.00 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
**When we say that 1204, 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.
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online 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. Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.