Price Guide for 1897 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $14.00 – $8,000.00Uncirculated: $9.00 – $24,675.00
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eBayCirculated: $0.99 – $1,001.00Uncirculated: $19.99 – $2,306.56
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PCGS Price GuideCirculated: $32.00 – $850.00Uncirculated: $75.00 – $30,000.00
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3rd Party PriceCirculated: $17.00 – $11,000.00Uncirculated: $5.50 – $348,000.00
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eBayCirculated: $15.55 – $750.00Uncirculated: $32.10 – $12,600.00
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PCGS Price GuideCirculated: $32.00 – $750.00Uncirculated: $1,350.00 – $385,000.00
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3rd Party PriceCirculated: $16.00 – $4,600.00Uncirculated: $4.50 – $34,800.00
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eBayCirculated: $17.27 – $667.77Uncirculated: $29.78 – $3,750.00
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PCGS Price GuideCirculated: $37.00 – $115.00Uncirculated: $120.00 – $38,500.00
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3rd Party PriceCirculated: $65.00 – $2,000.00Uncirculated: $45.00 – $20,562.50
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eBayCirculated: $78.00 – $162.50Uncirculated: $90.00 – $2,200.00
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PCGS Price GuideUncirculated: $125.00 – $15,000.00
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3rd Party PriceCirculated: $2,040.00 – $50,000.00Uncirculated: $1,495.00 – $40,800.00
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PCGS Price GuideUncirculated: $5,500.00 – $47,500.00
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3rd Party PriceUncirculated: $45.00 – $9,400.00
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eBayCirculated: $50.00 – $77.27Uncirculated: $56.00 – $3,899.00
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PCGS Price GuideUncirculated: $110.00 – $10,000.00
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3rd Party PriceCirculated: $575.00 – $1,430.00Uncirculated: $6.30 – $35,250.00
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eBayCirculated: $404.00 – $1,200.00Uncirculated: $59.00 – $4,999.00
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PCGS Price GuideCirculated: $775.00 – $1,800.00Uncirculated: $2,200.00 – $85,000.00
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eBayCirculated: $33.92 – $292.00Uncirculated: $69.99 – $368.00
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eBayUncirculated: $749.00
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eBayUncirculated: $107.50
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3rd Party PriceUncirculated: $432.00
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eBayCirculated: $53.60Uncirculated: $95.00 – $595.00
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eBayUncirculated: $60.00 – $64.99
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eBayCirculated: $42.45 – $100.00
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eBayUncirculated: $56.00
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eBayCirculated: $90.00Uncirculated: $80.01
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3rd Party PriceCirculated: $34.00 – $141.00Uncirculated: $37.00 – $1,645.00
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eBayCirculated: $38.01 – $92.99Uncirculated: $24.50 – $1,500.00
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PCGS Price GuideCirculated: $61.00 – $118.00Uncirculated: $135.00 – $2,500.00
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eBayUncirculated: $65.00
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eBayCirculated: $617.00
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3rd Party PriceCirculated: $39.00 – $300.00Uncirculated: $42.00 – $1,468.75
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eBayUncirculated: $74.26 – $450.00
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3rd Party PriceCirculated: $212.00 – $3,525.00Uncirculated: $460.00 – $15,600.00
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eBayCirculated: $76.02 – $382.75Uncirculated: $1,095.00 – $4,600.00
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PCGS Price GuideUncirculated: $4,500.00 – $22,500.00
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eBayCirculated: $167.20 – $370.00
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eBayCirculated: $49.66 – $88.00
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eBayCirculated: $13.50 – $128.50
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eBayCirculated: $34.00 – $49.99
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eBayCirculated: $35.59
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eBayCirculated: $41.96 – $375.00
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3rd Party PriceUncirculated: $63.00 – $18,400.00
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eBayUncirculated: $129.00 – $2,475.00
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PCGS Price GuideUncirculated: $160.00 – $25,000.00
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3rd Party PriceCirculated: $425.00Uncirculated: $138.00 – $38,813.00
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eBayUncirculated: $153.50 – $2,600.00
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PCGS Price GuideUncirculated: $175.00 – $50,000.00
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eBayCirculated: $3,495.00Uncirculated: $253.77
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eBayUncirculated: $40.00 – $168.89
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3rd Party PriceUncirculated: $198.00
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3rd Party PriceUncirculated: $1,560.00 – $2,040.00
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eBayCirculated: $83.89 – $299.00
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eBayCirculated: $43.00 – $102.50Uncirculated: $64.52 – $235.50
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3rd Party PriceUncirculated: $780.00
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eBayCirculated: $42.88 – $115.59
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eBayCirculated: $109.99 – $144.36
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eBayCirculated: $59.01 – $234.50
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eBayUncirculated: $1,501.53
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3rd Party PriceUncirculated: $1,380.00 – $58,750.00
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eBayUncirculated: $11,500.00
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PCGS Price GuideUncirculated: $2,600.00 – $80,000.00
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3rd Party PriceUncirculated: $2,070.00 – $45,600.00
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PCGS Price GuideUncirculated: $3,000.00 – $85,000.00
Design and Specifications of the 1897 Dollar
The 1897 Morgan Dollar was part of the long-running series of silver dollars minted from 1878 to 1904, and again in 1921. Named after its designer, George T. Morgan, this coin played a crucial role in the late 19th-century American economy. The year 1897 saw continued production of these coins, reflecting the ongoing demand for silver currency in the United States.
| Weight | 26.73 grams |
|---|---|
| Diameter | 38.1 mm |
| Mint Marks | Philadelphia (no mint mark), New Orleans (O), San Francisco (S) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Liberty Head (Morgan Dollar), designed by George T. Morgan |
| Reverse Design | Heraldic eagle with arrows and olive branch, designed by George T. Morgan |
Rarity Factors and Value Drivers
Condition plays a crucial role in determining the value of 1897 Morgan Dollars. While these coins are generally common, examples in high mint state grades (MS65 and above) can command significant premiums. The presence of deep, frosty luster and minimal contact marks greatly enhances desirability among collectors.
Coins with attractive, natural toning can also see increased demand and value, particularly if the toning is vibrant and evenly distributed. Strike quality is another important factor, with well-struck examples showing full detail on Liberty’s hair and the eagle’s feathers being more sought after.
Mintage: 2,822,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Common in grades up to MS64, scarcer in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
Mintage: 4,004,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Common in grades up to MS63, scarcer in MS64 and above
Varieties Errors: None significant
Market Demand: Moderate, slightly higher demand for mint state examples
Mintage: 5,825,000
Rarity Scale: Common
Circulation Status: Moderate Circulation
Preservation Rarity: Common in grades up to MS64, scarcer in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
While the 1897 Morgan Dollar is not considered a key date, certain factors can increase its value beyond just condition. Prooflike (PL) and Deep Mirror Prooflike (DMPL) examples are highly prized by collectors and can command substantial premiums, especially in higher grades.
Additionally, VAM varieties (named after collectors Van Allen and Mallis) can also add interest and value. While no major VAM varieties are known for 1897, minor die variations exist and are collected by specialists.
Lastly, the historical significance of the Morgan Dollar series as a whole contributes to its enduring popularity among collectors, ensuring steady demand for well-preserved examples from all years, including 1897.
