- 1897 Silver Dollar Value Today
- 1897 Silver Dollar Values
- 1897 Silver Dollar Value
- 1897 Silver Dollar Coin
Reaching into their silver reserves, the government reauthorized the minting of these Morgans to completion. Since the Morgan contains 90% silver, it took the government many bills and repeals to afford to produce tons of silver dollars. Your 1897 silver Morgan was minted in Philadelphia and is in brilliant uncirculated condition. #RecessionProofInvesting #CashForCoins #TreasureInPocketChange Hey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my oth. The Morgan Dollar dated 1897 was minted in Philadelphia (no mint mark), New Orleans (O), and San Francisco (S). Average circulated pieces are only worth about $23 and this only because the century dollars are popular and they have a considerable silver value.
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The 1897 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: 1897
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.09
Year: 1897
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.09
The US minted the 1897 silver dollar with no mint mark and also the 1897 O silver dollar and 1897 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 |
---|---|---|
1897 | Philadelphia | 2,822,000 |
1897 O | New Orleans | 4,004,000 |
1897 S | San Francisco | 5,825,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.09 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.26 per ounce.
The 1897 silver dollar with no mint mark is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $240.
The 1897 O silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $50. In uncirculated condition the price is around $975 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $60,000.
The 1897 S silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $85 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $475.
Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were only 731 proof coins minted.
1897 Silver Dollar Value Today
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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:
1897 Silver Dollar Values
1897 Silver Dollar Value
See also:
1897 Silver Dollar Coin
1898 Silver Dollar
1896 Silver Dollar
1895 Silver Dollar
1896 Silver Dollar
1895 Silver Dollar