1898-S Morgan Silver Dollar Value Guide

The 1898-S Morgan Silver Dollar is a premier example of the San Francisco Mint's reputation for high-quality strikes during the Bland-Allison Act era. Designed by George T. Morgan, this specific MS 64 graded specimen represents a pivotal moment in American monetary history and is highly prized for its uncirculated luster.

What Is 1898-S Morgan Silver Dollar Worth?

The typical price range for 1898-S Morgan Silver Dollar is $150 - $180 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The MS 64 grade from NGC significantly stabilizes the value within the $150 to $180 range.
• The 'S' mint mark from San Francisco often commands a premium over Philadelphia strikes due to strike quality.
• The presence of original mint luster and the absence of heavy bag marks on Liberty's cheek.
• Current market demand for uncirculated Morgan Dollars from the late 19th century.

How to Identify 1898-S Morgan Silver Dollar?

• Locate the 'S' mint mark on the reverse side, positioned just above the 'DO' in 'DOLLAR'.
• Verify the NGC certification number on the slab to confirm the MS 64 grade and authenticity.
• Examine the coin for the signature design elements of George T. Morgan, including the detailed Liberty head and heraldic eagle.
• Check for the specific 90% silver and 10% copper composition characteristic of 1898 issues.

History of 1898-S Morgan Silver Dollar

The Morgan Dollar, designed by George T. Morgan, was minted from 1878 to 1904, and again in 1921. It was born from the Bland-Allison Act, which required the U.S. Treasury to purchase a large amount of silver to be coined into dollars. The 'S' mint mark indicates it was struck at the San Francisco Mint, known for producing high-quality strikes. These coins are highly sought after by collectors for their historical significance and artistic design, representing a pivotal era in American monetary history.