1896-S Morgan Dollar


1896-S Morgan Dollar

Circulation Mintage: 5,000,000
Obverse Text: 1896 | LIBERTY | E PLURIBUS UNUM
Reverse Text: UNITED STATES OF AMERICA | ONE DOLLAR | IN GOD WE TRUST | S

Guidelines for Collecting:

The 1896-S is another example in the Morgan series that is common in low grades and rare in higher Mint State levels. Most of this generous mintage likely went into the melting pot. Although bags of coins were paid out from the San Francisco Mint in the early 1950s, at the time they had little value. The striking and luster quality of this issue is just average or a bit below. Finding a piece with a sharp strike will take some time. Luster is somewhat shallow, not deeply frosty. Bagmarks are a problem.

Availability in Circulated Grades:

Easy enough to find with serious searching, but choice EF and AU coins are not as common as the mintage suggests. This date was known as a key to the series for years and is still considered scarce in circulated grades.

Availability in Mint State Grades:

The Uncirculated population of this date is thin at best with many examples crowded at the MS-60 level or slightly above. MS-63 is a grade to be reckoned with. Above that it’s a date that is still on many want lists. Finding a sharp example of the date is a plus, but is not easily found.

Availability in Proof:

None produced.

View 1896-S Morgan Dollar Auction Results

The example to the left was sold by Stack's Bowers Galleries in the Larry H. Miller Collection, where it realized $720,000.

1896-S Morgan Dollar Auction Highlights

1895 san francisco mint morgan silver dollar value

1896-S Morgan Dollar
PCGS MS-69, CAC

Sold for $720,000
 
View Lot 6371
1896 s mint morgan dollar price guide value

1896-S Morgan Dollar
PCGS MS-67, CAC

Sold for $132,000
 
View Lot 1105
1896 s mintmark morgan dollar value guide

1896-S Morgan Dollar
PCGS MS-65

Sold for $18,800
 
View Lot 13165

 

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