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The San Francisco Mint is known for producing some rarities in the Morgan dollar series, but the 1897-S is among the S-mint Morgans that is common in worn grades and lower uncirculated levels. It is, however, quite scarce above MS65. Pieces grading MS67 or higher are extremely rare. PLs and DMPLs are scarce in all grades, with Gems grading MS65 quite rare.
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: Here we are, back again to a really top-notch dollar in terms of availability, strike, luster, and all else good. The 1897-S is usually all of these, and adding one to your collection can be done on just about any budget. The entire situation of 1897-S is reminiscent of the memorable-quality, but inexpensive, S Mint coins of the early years of the series.
Surface Quality: Usually seen well struck, decent strikes being the rule, not the exception, for San Francisco coins of this era—in contrast to those of New Orleans. Usually lustrous and attractive.
Prooflike Coins: Prooflike coins are fairly plentiful, but are often lightly struck and with little eye appeal. However, sharp and attractive coins can be found here and there.
Mintage and Distribution: Delivery figures by month: January, 800,000; February, 800,000; March, 800,000; April, 800,000; May, 800,000; June, 475,000; July–September, 0; October, 300,000; November, 600,000; December, 450,000. It’s the same old story, San Francisco procedures redux. Many were stored at the Mint and were kept there for decades (although notice must be taken that the Mint “moved”—i.e., that things were relocated to a modern building in 1937). In the 1950’s and 1960’s the Mint was a great source for “cartwheels,” as some called dollars, for the gaming tables of Nevada, by which time old-line Reno had yielded its laurels as a tourist destination to Las Vegas, what with the glittering Strip lined with casinos. Many dollars also went to coin dealers and investors (a nod to LaVere Redfield and those of like mind), providing the source for those that numismatists enjoy today.
VARIETIES:
Minor varieties of date and mintmark positions from 38 die pairs made (but not all necessarily used).
Catalog Information
GSID:
7631
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1897
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:
1897-S
Denomination:
$1
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
5,825,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7250
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Coin Value History
1897-S $1 MS
Value By Grade
1897-S $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 |
|
$45,500 | $1,234 |
| MS68 | - | $38,500 | $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]
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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
1897-S $1 MS64 PCGS. CDN: $265 Whsle. Bid for NGC/PCGS MS64. Mintage 5,825,000. ...
$342
1897-S $1 MS63 PCGS. CDN: $165 Whsle. Bid for NGC/PCGS MS63. Mintage 5,825,000. ...
$201
1897-S $1 MS65 NGC. CDN: $475 Whsle. Bid for NGC/PCGS MS65. Mintage 5,825,000....
$500
1897-S $1 MS66+ PCGS. CDN: $1,050 Whsle. Bid for NGC/PCGS MS66. Mintage 5,825,000. ...
$1,586
1897-S $1 MS62 ANACS. Housed in a small-sized holder. Mintage 5,825,000. ...
$171
1897-S $1 Morgan Dollar, Uncertified. Ex: Redfield Collection. Housed in a red Mint State 65 Paramount holder....
$408
1897-S $1 MS67 PCGS. VAM-6A. The 1897-S is notably scarcer than the Philadelphia coin of this year, although not quite as e...
$6,900
1897-S $1 AU58 NGC. Mintage 5,825,000. ...
$69
1897-S $1 MS61 NGC. Mintage 5,825,000. ...
$94
1897-S $1 AU55 CACG. Mintage 5,825,000. ...
$67
1897-S $1 VAM-2 AU50 ANACS....
$69
1897-S $1 PCGS UNC Details (Cleaned)
$61
1897-S $1 PCGS AU53
$45
1897-S $1 MS68 PCGS. CAC. ...
$29,900
1897-S $1 MS64 NGC. CDN: $265 Whsle. Bid for NGC/PCGS MS64. Mintage 5,825,000. ...
$281
1897-S $1 MS63 PCGS. CDN: $165 Whsle. Bid for NGC/PCGS MS63. Mintage 5,825,000. ...
$177
1897-S $1 MS65 PCGS. Housed in a Generation 3.0 green label holder. CDN: $475 Whsle. Bid for NGC/PCGS MS65. Mintage 5,825,0...
$671
1897-S $1 MS66 NGC. CDN: $960 Whsle. Bid for NGC/PCGS MS66. Mintage 5,825,000. ...
$1,830
1897-S $1 MS62 ANACS. Housed in a small-sized holder. Mintage 5,825,000. ...
$159
1897-S $1 NGC UNC Details (Obv Improperly Cleaned)
$85
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