Price Guide for 1898 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: $12.00 – $4,800.00Uncirculated: $9.00 – $17,250.00
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eBayCirculated: $18.10 – $2,200.00Uncirculated: $1.00 – $4,405.00
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PCGS Price GuideCirculated: $32.00 – $100.00Uncirculated: $75.00 – $8,750.00
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3rd Party PriceCirculated: $20.00 – $1,200.00Uncirculated: $10.00 – $21,850.00
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eBayCirculated: $26.00 – $127.50Uncirculated: $0.99 – $6,174.99
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PCGS Price GuideCirculated: $32.00 – $125.00Uncirculated: $75.00 – $27,500.00
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3rd Party PriceCirculated: $2.50 – $3,800.00Uncirculated: $2.50 – $117,500.00
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eBayCirculated: $18.50 – $532.22Uncirculated: $45.00 – $5,200.00
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PCGS Price GuideCirculated: $39.00 – $485.00Uncirculated: $500.00 – $150,000.00
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eBayCirculated: $14.99Uncirculated: $71.00 – $118.95
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3rd Party PriceCirculated: $748.00 – $2,760.00Uncirculated: $3.75 – $32,900.00
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eBayCirculated: $860.00 – $1,700.00Uncirculated: $899.99 – $16,900.00
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PCGS Price GuideCirculated: $775.00 – $1,800.00Uncirculated: $2,200.00 – $85,000.00
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3rd Party PriceCirculated: $700.00Uncirculated: $60.00 – $49,937.50
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eBayUncirculated: $136.00 – $2,600.00
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PCGS Price GuideUncirculated: $160.00 – $75,000.00
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3rd Party PriceCirculated: $150.00 – $235.00Uncirculated: $200.00 – $6,462.50
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eBayCirculated: $94.88 – $2,130.00Uncirculated: $383.00 – $1,750.00
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PCGS Price GuideUncirculated: $550.00 – $12,500.00
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eBayCirculated: $72.00
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3rd Party PriceUncirculated: $6,000.00 – $6,900.00
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eBayUncirculated: $59.00 – $170.00
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eBayUncirculated: $399.99 – $455.00
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3rd Party PriceCirculated: $75.00 – $1,500.00Uncirculated: $45.00 – $10,281.25
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eBayCirculated: $20.00Uncirculated: $47.00 – $9,600.00
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PCGS Price GuideUncirculated: $115.00 – $13,000.00
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3rd Party PriceCirculated: $156.00 – $950.00Uncirculated: $60.00 – $30,550.00
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eBayUncirculated: $46.00 – $940.00
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PCGS Price GuideUncirculated: $160.00 – $38,500.00
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eBayCirculated: $29.99 – $1,380.00Uncirculated: $39.00 – $600.00
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eBayCirculated: $30.21 – $48.00Uncirculated: $50.00 – $898.00
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eBayUncirculated: $79.98
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eBayCirculated: $99.99Uncirculated: $52.01 – $433.00
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eBayUncirculated: $63.00 – $219.95
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3rd Party PriceCirculated: $120.00
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eBayUncirculated: $133.50
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eBayUncirculated: $72.00
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eBayCirculated: $27.01 – $362.00Uncirculated: $257.00 – $355.03
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3rd Party PriceUncirculated: $38.00 – $12,600.00
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eBayUncirculated: $32.22 – $890.00
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PCGS Price GuideUncirculated: $90.00 – $30,000.00
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eBayUncirculated: $55.00 – $379.00
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eBayCirculated: $106.05Uncirculated: $42.00 – $300.00
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eBayUncirculated: $85.00 – $428.00
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eBayUncirculated: $66.99 – $400.00
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eBayUncirculated: $47.08 – $415.00
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eBayUncirculated: $104.50 – $108.48
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eBayUncirculated: $89.00 – $370.00
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eBayUncirculated: $735.00
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eBayUncirculated: $149.50
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eBayUncirculated: $48.03 – $130.00
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eBayUncirculated: $65.00 – $390.00
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3rd Party PriceUncirculated: $159.00 – $264.00
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eBayUncirculated: $46.59 – $90.00
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eBayUncirculated: $55.00
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eBayUncirculated: $159.95
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eBayUncirculated: $93.24
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eBayUncirculated: $57.93
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eBayUncirculated: $84.00
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eBayUncirculated: $45.01 – $148.00
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eBayUncirculated: $78.00 – $136.97
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3rd Party PriceCirculated: $646.25 – $1,550.00
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eBayUncirculated: $811.89
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3rd Party PriceCirculated: $2,500.00Uncirculated: $260.00 – $26,400.00
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eBayUncirculated: $493.88 – $2,938.00
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PCGS Price GuideUncirculated: $550.00 – $15,000.00
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eBayCirculated: $99.00
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eBayUncirculated: $1,600.00
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eBayCirculated: $24.95 – $104.01
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3rd Party PriceCirculated: $216.00Uncirculated: $456.00 – $5,760.00
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eBayCirculated: $180.00
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eBayCirculated: $465.00
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3rd Party PriceUncirculated: $492.00
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eBayCirculated: $24.50 – $28.27
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eBayCirculated: $39.00 – $71.00
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eBayCirculated: $26.03 – $28.55
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eBayCirculated: $32.99 – $55.00
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3rd Party PriceUncirculated: $1,645.00 – $47,000.00
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eBayUncirculated: $2,200.00 – $8,500.00
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PCGS Price GuideUncirculated: $2,600.00 – $110,000.00
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3rd Party PriceUncirculated: $2,645.00 – $64,625.00
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PCGS Price GuideUncirculated: $2,850.00 – $90,000.00
Design and Specifications of the 1898 Dollar
The 1898 Morgan Silver 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 1898 saw the United States involved in the Spanish-American War, which had a significant impact on the nation’s politics and economy.
| 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 | Eagle with wings spread, designed by George T. Morgan |
Rarity Factors and Value Drivers
Condition plays a crucial role in determining the value of 1898 Morgan Dollars. While common in circulated grades, these coins become increasingly scarce and valuable in higher mint state conditions. Coins graded MS65 or above can command significant premiums, especially for the New Orleans and San Francisco issues.
Key factors affecting condition include:
1. Strike quality: Well-struck coins with full details are more desirable.
2. Luster: Original mint luster adds to the coin’s appeal and value.
3. Contact marks: Fewer marks, especially on the coin’s high points and open fields, increase desirability.
4. Toning: Natural, attractive toning can enhance a coin’s value, while unattractive toning may detract from it.
Mintage: 5,884,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in lower grades, scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
Mintage: 4,440,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, slightly higher than Philadelphia mint
Mintage: 4,102,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, similar to other common dates
Several factors can influence the value of 1898 Morgan Dollars beyond their condition:
1. Mint mark: While all three mints produced similar quantities, San Francisco and New Orleans issues often command slight premiums over Philadelphia coins in higher grades.
2. Die state: Late die state coins with interesting die cracks or cuds may appeal to variety collectors.
3. Prooflike surfaces: Coins with mirror-like fields can be more valuable, especially deep mirror prooflike (DMPL) examples.
4. Historical significance: The coin’s association with the Spanish-American War year may appeal to history enthusiasts.
5. Overall eye appeal: Coins with exceptional visual appeal can command premiums even within the same numerical grade.
