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The 1896 Morgan dollar from the Philadelphia Mint is extremely common in all grades through about MS66, scarce in MS67, and extremely rare in MS68. PLs and DMPLs are scarcer than their typical MS counterparts but are by no means rare as a group for this date. The 1896 Morgan dollar is generally found well struck though often with less-than-frosty luster.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Book Reference
Key to Collecting: The 1896 is the first Philadelphia Mint dol- lar of the 1890’s to be common in Mint State. Examples abound, including choice MS-63 and 64 pieces as well as gem MS-65 or finer. Luster varies but is usually above average. Regardless of your budget, here lies the possibility for a nice Mint State coin in your collection.
Surface Quality: The strike is typically above average. The luster ranges from satiny to frosty. Some cherrypicking is advised to find one with deep luster.
Prooflike Coins: Prooflike pieces are seen with some occasion but are usually not with deep contrast.
Mintage and Distribution: Delivery figures by month: January, 0; February, 900,000; March, 900,000; April, 900,000; May, 900,000; June, 900,000; July, 162,000; August, 1,300,000; September, 1,300,000; October, 1,200,000; November, 514,000; December, 1,000,000. Although there seems to have been a supply of 1896 dollars in circulation since day one, in the 1950’s vast quantities were let loose into Eastern banking circles, creating a nuisance for collectors searching through bags in quest of scarce dates. More were paid out from Treasury vaults in coming years, through the early 1960’s.
PROOF STRIKES:
Mintage: 762. Delivery figures by month: January–February, 0; March, 287; April– May, 0; June, 125; July–August, 0; September, 100; October–November, 0; December, 250.
Key to Collecting: Good strike. Deep cameo contrast. Some nice ones are around. Whew! Those nasty years of weak striking, beginning in 1888, are over!
VARIETIES:
Produced in quantity, the 1896 was minted from nearly 20 known die pairs. No varieties have strongly captured the fancy of numismatists, and probably the most dramatic of the lot is VAM-5, with slight doubling on the first and last digits.
Catalog Information
GSID:
7580
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1896
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1896
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
9,976,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7240
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Coin Value History
1896 $1 MS
Value By Grade
1896 $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$24,000 | $1,234 |
| MS68 | - | $17,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $41 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $50 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $75 – $42,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $70 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $270 – $5,400
1878 8TF $1 MS
Worth: $40 – $102,000
1878 8TF $1 MS PL
Worth: $200 – $4,400
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $41 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $72 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $45 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $41 – $3,200
1896 $1 MS65 PCGS. CDN: $139 Whsle. Bid for NGC/PCGS MS65. Mintage 9,976,762....
$195
1896 $1 MS64 PCGS. CDN: $77 Whsle. Bid for NGC/PCGS MS64. Mintage 9,976,762. ...
$159
1896 $1 MS66+ NGC. CAC. CDN: $275 Whsle. Bid for NGC/PCGS MS66. Mintage 9,976,762....
$702
1896 $1 MS63 NGC. CDN: $66.70 Whsle. Bid for NGC/PCGS MS63. Mintage 9,976,762. ...
$139
1896 $1 MS67 PCGS. CDN: $1,200 Whsle. Bid for NGC/PCGS MS67. Mintage 9,976,762. ...
$1,220
1896 $1 AU53 PCGS. Mintage 9,976,762....
$204
1896 $1 VAM-1, MS62 ANACS. Mintage 9,976,762....
$94
1896 $1 Threadlike Impression Eagle's Wing VAM-1C, AU58 CACG. Mintage 9,976,762....
$74
1896 $1 8 In Denticles, VAM 19 MS61 CACG....
$69
1896 $1 MS68 NGC....
$8,100
1896 $1 VAM-1C1 AU55 ANACS. Mintage 9,976,762....
$43
1896 $1 PCGS UNC Details (Cleaned)
$56
1896 $1 ANACS AU50 Details (VAM-1 Scratched)
$34
1896 $1 Brilliant Uncirculated NGC. Mintage: 9,976,762....
$40
1896 $1 --Cleaned, Retoned--ANACS. AU Details Net XF45. NGC Census: (4/22744). PCGS Population (20/21365). Mintage: 9,976,76...
$21
1896 $1 MS65 PCGS. CDN: $139 Whsle. Bid for NGC/PCGS MS65. Mintage 9,976,762. ...
$169
1896 $1 MS64 NGC. CDN: $77 Whsle. Bid for NGC/PCGS MS64. Mintage 9,976,762. ...
$159
1896 $1 MS66 PCGS. CAC. CAC: 551 in 66, 117 finer (10/25). CDN: $275 Whsle. Bid for NGC/PCGS MS66. Mintage 9,976,762....
$504
1896 $1 MS63 NGC. CDN: $72.99 Whsle. Bid for NGC/PCGS MS63. Mintage 9,976,762. ...
$104
1896 $1 MS67+ PCGS. CAC. VAM-25. Ex: Vanderbilt. A slightly doubled profile from Liberty's nose to chin is seen on VAM-25, ...
$4,320
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