While neither branch mint 1895 Morgan Dollar is nearly as rare as the 1895 Philadelphia Morgan Dollars, you will still have to overcome some hurdles while you are looking to add those pieces to your collection. The VAM book boosted the values of Morgan dollars into the big time. If you ever have a question about the grading of a coin, please contact the grading service company with the serial number of the coin in this listing for more details. Tens of millions of Morgans were bought at face value until 1964 when the Treasury shut down the silver certificate exchange program. Free Shipping by Amazon. The 1895 Proof Morgan dollar is considered the "King of Morgans" by many. But we do know that this is the rarest of all Morgan dollars. Before You Invest in Morgan Dollars, Consider These Points, What You Need to Know About Bicentennial Quarters, How to Collect Kennedy Half Dollars Coins, Eisenhower Dollar (Ike Dollars) Specifications and Details. Only a few hundred Proof 1895 Morgan Silver Dollar exist today, although US Mint records indicate 12,000 business strike dollars were produced. Type: Morgan Silver Dollar Year: 1895 Mint Mark: S Face Value: 1.00 USD Total Produced: 400,000 [ Silver Content: 90% Silver Weight:.7735 oz. The Redfield hoard got a lot of publicity, and as the U.S. population had become a lot more familiar with the value of silver coins in the years following the change from silver coinage to clad coinage. Many of the dealers were just after the silver bullion at lower-than-market cost, but others realized the potential collector value of these 60 to 80-year-old mint state silver dollars. The 1895-S Morgan Dollar (Buy on eBay) is one of the lower mintage issues of the series with just 400,000 pieces struck at the San Francisco Mint.The low mintage results in a premium across all grade levels from circulated to gem. New Orleans was the only other functioning U.S. Mint, and it only produced 450,000 Morgan silver dollars in 1895. 1896 Morgan Silver Dollar Value Pushed higher by bullion prices your 1896 Morgan silver dollar value is a minimum of . The 1895 is a major hurdle for Morgan Dollar collectors seeking a complete set, which explains its high value. The ones that were released into circulation at the time of their striking quickly acquired the look of an AU coin due to poor strikes and luster. If your goal is a complete date-and-mintmark set of Morgan Dollars, the 1895 Philadelphia piece will present a significant challenge. It owes this title to the fact that not a single business-strike 1895-P Morgan dollar is known. Although the Philadelphia Mint reported the production of 12,000 mint state dollars in 1895, none have ever surfaced. Buy & Sell This Coin. The 1895-O Morgan dollar is one of the key conditional rarities of the entire series. Susan is an avid coin collector of over 30 years, and has written 150 articles for The Spruce. 1895 O Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The real feeding frenzy came when an amazing hoard of more than 400,000 Morgans was found in the basement of Nevada miser LaVere Redfield after his death in 1975. This 1895 Morgan dollar forgery is a simple case of just too much silver and not enough effort on the details. Since no circulation strikes are known to exist for the 1895 Morgan Dollar, proof examples are extremely expensive. 1895 Morgan Silver Dollar As far as US coins are concerned, few are more popular than the Morgan Silver Dollar, which was first minted in the late 1800s. 1895-S Morgan Silver Dollar - KEY DATE We acquire coins from a variety of sources with some being graded before we get them and some we send out to grading service companies after we receive them. 1895 Morgan Dollar values and facts of the coin that should exist but doesn't. Multi-thousand 1895 Morgan Silver Dollar Value Top condition 1895 Morgan silver dollars are highly sought by collectors. According to U.S. Mint records, there were 12,000 circulation strike Morgan silver dollars struck for 1895, and 880 Proof specimens struck. Some believe that the coins were minted, but as the Treasury Department melted hundreds of millions of coins throughout the years, some believe that the 12,000 unaccounted-for 1895 coins were melted. She is a member of the American Numismatic Association. In February of 1878, a law called the Bland-Allison Act was passed by Congress requiring the Treasury to buy between two and four million troy ounces of silver per month. 1895 Proof Morgan Silver Dollar pictures, mintage, facts, and information. Combine wear with the normal bumps and nicks of use and a … Although the Morgan Dollar wasn't very popular when it first came out, we know today that it is one of the most popular coin types in the entire U.S. coinage series. Only 450,000 were struck, of which many were likely melted. It’s prudent that any 1895 Morgan Dollar you buy should be in a slab with a recognizable third-party logo. 1895 O MORGAN SILVER DOLLAR HI GRADE GENUINE U.S. MINT RARE KEY COIN 3679 $63.46 $ 63. By using The Spruce Crafts, you accept our, Morgan Silver Dollar Specifications and Details. It is quite reasonable to expect a minimum outlay of $500 to $800 for any example of an 1895 Morgan Dollar. Are you concerned the precious metals train has left the station without you? Millions of Morgan silver dollars sat in government vaults for many decades, languishing in obscurity. This page also shows coins listed for sale so you can buy and sell. The Treasury was forced to buy this incredible amount of silver, all of which was flowing out of the Comstock Lode in Nevada, because of a group of silver mine owners who had formed a lobbying group. Many collectors consider the 1895-S Morgan dollar a … If your goal is a complete date-and-mintmark set of Morgan Dollars, the 1895 Philadelphia piece will present a significant challenge. 1-16 of 191 results for "1895 morgan silver dollar" Skip to main search results Eligible for Free Shipping. Coins that were previously valued based on a given year's known mintage of a certain number of specimens now had sub-categories of specimens for that year based on die varieties. For the scarce 1895 Philadelphia Morgan Dollars that still exist, they most often only come up as auction pieces, though a few will appear in the hands of established coin dealers. It is quite reasonable to expect a minimum outlay of $500 to $800 for any example of an 1895 Morgan Dollar. Most scholars believe that the Mint never produced the coins in the first place and that this notation in the Mint accounting ledgers is an error. Value of 1895-O Morgan Silver Dollar. The highest price ever paid for a Proof 1895 Morgan silver dollar was $269,500 in June 2020 at David Lawrence RC Internet Auction #1123 for a coin that is graded PCGS Proof 67+ DCAM. This page also shows coins listed for sale so you can buy and sell. Interestingly, the only version of the Philadelphia issue known to exist is a proof; there are no indicated business strikes. 1895 O MORGAN SILVER DOLLAR XF+ DETAILS NEW ORLEANS MINT COIN - 450,000 MINTED This is simply because the United States Mint made almost a billion Morgan silver dollars between 1878 and 1921. After 130 years of being minted, the Morgan Silver Dollar is still among the most popular coins sold in the country and is also advised as a smart investment, due to its low mintage averages and 90% silver content. The 1895 Morgan dollar is well known as one of the series’ premier rarities. What Are VAM Morgan and Peace Silver Dollar Die Varieties? Type: Morgan Silver Dollar Year: 1895 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 880 [ Silver Content: 90% Silver Weight:.7735 oz. 46. Direct pressure from the silver mining industry, particularly the western states, led to the creation of the Morgan Dollar. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. All ... Pre-1921 Morgan Silver Dollar Gem Brilliant Uncirculated (BU) Condition (1878-1904) Set Uncirculated. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. 1895 S Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. A copy of a rare coin is generally only worth its metal value. Numismatic scholars do not agree with each other on how or why the 12,000 circulation strike specimens of the 1895 Morgan silver dollar have vanished. The Morgan silver dollar is perhaps still the most popular of all American 90% silver coins scarcely available today. Which theory is correct, we will never know. The 1895 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $28786, while one in certified mint state (MS+) condition could bring as much as $70,000 at auction. By 1980, as the supplies dwindled, the public finally became interested in collecting the beautiful Morgan Dollar. 1895-O Morgan Silver Dollar pictures, mintage, facts, and information. The 1895 Morgan Silver Dollar ranges in value from about $21,000 in Very Good-8 up to about $40,000 for uncirculated coins. The main mint in Philadelphia did not use a mintmark. 2020 (P) American Silver Eagles: A New Modern Rarity, 1895 Proof (no circulation strikes are known to exist): 880; $35,000+. Led by Congressman Richard "Silver Dick" Bland, the silver lobby was able to influence the legislation that made the U.S. Treasury its biggest customer. 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