The US minted the 1896 silver dollar with no mint mark and also the 1896 O silver dollar and 1896 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
What is the value of a 1896 Morgan dollar?
Pricing the 1896 Morgan Silver Dollar
| DATE | GOOD | UNCIRCULATED |
|---|---|---|
| 1896 Morgan Dollar | N/A | $41 |
| 1896 Morgan Dollar (O) | N/A | $160 |
| 1896 Morgan Dollar (S) | N/A | $775 |
| Source: Red Book |
Who was the designer of the 1896 Silver Dollar?
The Morgan silver dollar was produced after Congress authorized the minting of a new silver dollar in 1878. The coin was designed by George T. Morgan. This was the first design that featured the designer’s initial on both sides of the coin. The 1896 Morgan silver dollar was minted in Philadelphia, New Orleans and San Fransisco.
Where is the mintmark on a 1896 Morgan silver dollar?
Mintmarks are a small but important detail deciding 1896 Morgan silver dollar value. Finding your coin was struck at the San Francisco mint, identified by an “S” mintmark on the reverse increases the potential value. Just below the ribbon is either an “S” for the San Francisco mint, or an “O” indicating New Orleans.
What kind of mint mark is on 1895 silver dollar?
Another commonly used incorrect mint mark by forgers is the Carson City “CC” mark. For example, 1895-CC coins are common counterfeits, and easily identified as such because there were no Morgans struck in Carson City that year.
How did the Morgan silver dollar get its name?
The coin is named after its designer, George T. Morgan. They were struck in every year from 1878 to 1904 and revived again in 1921 for a single year. Initially, the coin was created to benefit the silver mining companies when Congress passed the Bland-Allison Act that effectively dictated the number of coins produced each month.
