• 1896 Morgan Silver Dollar

In MS-63 1896-O dollars are rare; probably only 200 to 350 survive. In MS-64, the number falls to only 75 to 150, and in MS-65 or better the population is almost off the bottom of the chart, with only 4 to 8 known. In full MS-65 or better the 1896-O Morgan dollar is the stuff of which legends are made. Each Morgan Silver Dollar is struck in 26.73 grams of silver and is 38.1 mm in diameter. The coins have a reeded edge. The coins were struck at Philadelphia, New Orleans, Carson City, Denver and San Francisco Mints.

Coin Info

• Detailed information about the coin 1 Dollar 'Morgan Dollar', United States, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data.
• Silver Content: 90% Extra Info: There were 762 of the 1896 Morgan Silver Dollars issued as proofs. Sometimes the regular non proof coins are worth more than the proofs, but this year they are not. Since nearly 10 million Morgans were issued the proofs are rare in comparison. These proofs are selling for somewhere between $2,450 and $2,800.

1896 Morgan Silver Dollar Price

Morgan Silver Dollars from the latter half of the 1890s are not nearly as expensive as those from the first half and, most particularly, the middle part of the decade. 1896 Morgan Silver Dollars are quite reasonable in price as compared to issues from 1893, 1894, and 1895. While the San Francisco issue from 1896 is a fairly expensive coin in all grades, the regular-issue Philadelphia and New Orleans pieces can be bought in the lower circulated grades for only a small premium over their melt value.

The 1896 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1896, are rare which makes them expensive.

1896 Morgan Silver Dollar Mintage Figures

• 1896: 9,976,000; $35+
• 1896-O: 4,900,000; $35+
• 1896-S: 5,000,000; $100+
• 1896 Proof: 762; $3,000+

Because of high mintage figures, the 1896 and 1896-O Morgan Silver Dollars should not be difficult to locate and can be safely bought raw nearly anywhere. The 1896-S dollar, given its scarcity on the market, should be purchased as slabbed because there are a large number of counterfeit and altered silver dollars on the market. Given the relatively high volume of 1896 Morgan Dollars available, you shouldn’t feel rushed into purchasing the first one you see. Unless you are focusing your efforts on collecting a low-grade set of Morgan Dollars, hold out for higher-end pieces if your budget and tastes warrant.

1896 Morgan Silver Dollar Ms63

The 1896 Morgan Dollar (Buy on eBay) represents one of the more available issues of the series with price remaining affordable through gem grades. The Philadelphia Mint struck 9,976,000 coins for circulation, with many released in later years, providing a supply of higher grade examples. This was a change of pace from the several recent years of lower mintages for silver dollars at the Philadelphia Mint, culminating with the proof only issue of 1895.

1896 Morgan Silver Dollar Ms63

The Philadelphia Mint struck 762 of the 1896 Morgan Silver Dollars in proof format. Many of these will exhibit wonderful deep cameo contrast.

1896 Morgan Silver Dollar No Mint Mark

1896 Morgan Dollar Mintage and Specifications

• Mintage: 9,976,000 (circulation), 762 (proof)
• Mint mark: none (Philadelphia)
• Composition: 90% silver, 10% copper
• Weight: 26.73 grams
• Diameter: 38.1 mm