1897 Morgan Dollar


1897 Morgan Dollar

Circulation Mintage: 2,822,000
Obverse Text: 1897 | LIBERTY | E PLURIBUS UNUM
Reverse Text: UNITED STATES OF AMERICA | ONE DOLLAR | IN GOD WE TRUST

Guidelines for Collecting:

1897 Morgan dollars were considered rare up through the early decades of the 20th century. Very few examples of the date were released into circulation at the time they were minted. However, bags of 1897 dollars were released in large quantities decades later and by the 1950s Uncirculated coins were very common in Eastern banks. The Treasury released hundreds more bags of the date from 1962 to 1964. Eventually they were second in terms of availability only to the common 1896, for Morgan dollars of the 1878 to 1904 years. In Mint State the 1897 is usually well struck with frosty luster.

Availability in Circulated Grades:

Always available but the proliferation of low-priced Mint State coins allows collectors to avoid such grades as EF and AU.

Availability in Mint State Grades:

If you are looking for a well-struck and lustrous example of the date chances are good you will have little difficulty finding such a coin. Steer clear of bagmarked coins, especially in the lower Uncirculated grades. Gems present no major difficulty and are not overly expensive.

Availability in Proof:

Proofs of the date were delivered in quarterly batches beginning in March of the year. Like their 1896 counterparts, Proofs are generally boldly struck and deliver lively cameo contrast. There are exceptions to every rule so choose carefully.

View 1897 Morgan Dollar Auction Results

The example to the left was sold by Stack's Bowers Galleries in the June 2023 Showcase Auction, where it realized $840.

1897 Morgan Dollar Auction Highlights

1897 philadelphia mint proof morgan silver dollar value

1897 Morgan Dollar
NGC PF-68 CAM

Sold for $28,800
 
View Lot 4077
1897 mint morgan dollar price guide value

1897 Morgan Dollar
PCGS PR-67 CAM

Sold for $18,000
 
View Lot 4142
1897 morgan dollar value guide

1897 Morgan Dollar
PCGS PR-67

Sold for $12,925
 
View Lot 11541

 

Join our mailing list

Don't miss an auction!

Subscribe to our newsletter.

 

Contact Us

West Coast Office • (800) 458-4646

Midwest Office • (800) 817-2646

East Coast Office • (800) 566-2580

info@stacksbowers.com
 

Hong Kong, China Office • +852 2117 1191

infohk@stacksbowers.com
 

Copenhagen, Denmark • +45 80 40 49 42

infodk@stacksbowers.com

Global locations

Additional representatives
available worldwide.

Follow Us




Subscribe to
Our Newsletter

We are sorry, an unexpected error occurred!
Please enter a valid email address

I'm Interested In...

Thank You!

Thank you for subscribing to the Stack's Bowers Galleries e-newsletter.