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Uh, not exactly .... "Morgan Stanley" is the name of a Wall Street financial company. The coins you're referring to are just called "Morgan" dollars after their designer, George Morgan.

Please see the Related Question for more information.

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13y ago
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13y ago

1898 isn't a rare date for Morgan dollars in circulated condition. Look on the back of the coin to see if there's a small mint mark letter above the DO in DOLLAR. It may be blank or there may be an O or S.

Numismedia lists the following approximate retail values as of 08/2010:

No mint mark (Philadelphia):

Very worn condition - $17

Moderately worn - $19

Slightly worn - $21

Almost no wear - $23

Uncirculated - $34 to $6,310 depending on quality

"O" mint mark (New Orleans):

Very worn - $17

Moderately worn - $19

Slightly worn - $21

Almost no wear - $23

Uncirculated - $34 to $30,630

"S" mint mark (San Francisco):

Very worn - $17

Moderately worn - $23

Slightly worn - $32

Almost no wear - $96

Uncirculated - $230 to $29,380

DISCLAIMER: The values quoted are the best available, but may vary due to market fluctuations. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

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11y ago

1889-O is not considered a rare date for Morgan dollars, until you get to the higher uncirculated grades.

In circulated condition, it's currently worth about $22

An average uncirculated one is worth about $120

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12y ago

6-23-11>>> Assuming the coin is circulated, the 1880-S Morgan dollar is considered common. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values for low grade coins are $36.00-$37.00, better grade are $38.00-$39.00 and coins showing almost no wear run from $40.00-$44.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.

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12y ago

In circulated condition they are worth on average $16 to $20. 1889 Morgan dollars struck at Philadelphia are not rare dates.

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Q: What is the value of an 1889 O US Morgan silver dollar?
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What is the value of an 1889 silver dollar?

8-7-11>>> Assuming the coin is circulated and has no mintmark, the 1889 Morgan (not Liberty) dollar is a very common coin with retail values of $36.00-$44.00 depending on the grade of the coin.


Where is the date of a 1889 Morgan silver dollar?

On the face, directly below Liberty's profile.