1895 Morgan Silver Dollar Value Guide

The 1895 Morgan Silver Dollar is a cornerstone of American numismatics, renowned for the mysterious disappearance of its Philadelphia business strike production. Designed by George T. Morgan, this 90% silver coin represents a peak era of U.S. Mint history, with surviving specimens primarily hailing from the New Orleans and San Francisco branch mints.

What Is 1895 Morgan Silver Dollar Worth?

The typical price range for 1895 Morgan Silver Dollar is $450 - $495 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Mint mark location, as Philadelphia issues are exceptionally rare proof-only specimens compared to New Orleans or San Francisco strikes.
• The level of preservation on high-wear areas such as Lady Liberty's hair above the ear and the eagle's breast feathers.
• The presence of original mint luster versus evidence of harsh cleaning or significant surface abrasions.
• The specific year of 1895, which is considered a 'key date' year for collectors due to the low survival rate of business strikes.

How to Identify 1895 Morgan Silver Dollar?

• Check for the 'O' (New Orleans) or 'S' (San Francisco) mint mark on the reverse, located just above the 'DO' in 'DOLLAR'.
• Verify the 90% silver and 10% copper composition, which provides the specific weight and metallic ring characteristic of the series.
• Look for the designer's 'M' initial at the base of Liberty's neck and on the reverse's left loop of the ribbon.
• Examine the obverse for the 13 stars and the 'E PLURIBUS UNUM' motto surrounding the profile of Lady Liberty.

History of 1895 Morgan Silver Dollar

Designed by United States Mint Assistant Engraver George T. Morgan, this coin series was minted from 1878 to 1904 and again in 1921. The 1895 issue is famous in numismatics because the business strike production from the Philadelphia mint is unaccounted for, leaving only proof specimens and branch mint issues like those from New Orleans or San Francisco. It remains one of the most collected and iconic series in American coinage history.