The 1890 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Morgan Silver Dollar
Year: 1890
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $43.88
The US minted the 1890 silver dollar with no mint mark and also the 1890 CC silver dollar, 1890 O silver dollar, and 1890 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
| Series |
Location |
Quantity Minted |
| 1890 |
Philadelphia |
16,802,000 |
| 1890 CC |
Carson City |
2,309,041 |
| 1890 O |
New Orleans |
10,701,000 |
| 1890 S |
San Francisco |
8,230,373 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $43.88. This melt value is calculated from the current silver spot price of $56.73 per ounce.
The 1890 silver dollar with no mint mark is worth around $49 in very fine condition. In extremely fine condition the value is around $50. In uncirculated condition the price is around $75 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $850.
The 1890 CC silver dollar is worth around $195 in very fine condition. In extremely fine condition the value is around $310. In uncirculated condition the price is around $900 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $5,750.
The 1890 O silver dollar is worth around $49 in very fine condition. In extremely fine condition the value is around $50. In uncirculated condition the price is around $130 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,100.
The 1890 S silver dollar is worth around $49 in very fine condition. In extremely fine condition the value is around $60. In uncirculated condition the price is around $115 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $875.
Proof coins with no mint mark are available and they are each valued at around $3,700 in PR 63 condition. There were only 590 proof coins minted.
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Grading System
Very fine- Two thirds of Liberty's hair lines from above her forehead to her ear are visible.
Extremely fine- Liberty's hair lines and ear look strong.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also:
1891 Silver Dollar
1889 Silver Dollar
1888 Silver Dollar