1895 Proof Morgan Silver Dollar pictures, mintage, facts, and information. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. Millions of Morgan silver dollars sat in government vaults for many decades, languishing in obscurity. Before You Invest in Morgan Dollars, Consider These Points, What You Need to Know About Bicentennial Quarters, How to Collect Kennedy Half Dollars Coins, Eisenhower Dollar (Ike Dollars) Specifications and Details. There were still plenty of Morgans to go around since they only circulated in a few small areas. What Are VAM Morgan and Peace Silver Dollar Die Varieties? 1895 Morgan Dollar values and facts of the coin that should exist but doesn't. Coins that were previously valued based on a given year's known mintage of a certain number of specimens now had sub-categories of specimens for that year based on die varieties. The highest price ever paid for a Proof 1895 Morgan silver dollar was $269,500 in June 2020 at David Lawrence RC Internet Auction #1123 for a coin that is graded PCGS Proof 67+ DCAM. Susan is an avid coin collector of over 30 years, and has written 150 articles for The Spruce. Tens of millions of Morgans were bought at face value until 1964 when the Treasury shut down the silver certificate exchange program. The 1895 Morgan silver dollar is known as the "King of the Morgan Dollars" because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series. Regrettably, most entered circulation at the time and quickly developed wear. Combine wear with the normal bumps and nicks of use and a … These sub-categories were naturally more scarce than just any coin from that year, so collectors who might previously have been satisfied with one specimen from each year and mint now had to have several from each year to complete the "set.". If your goal is a complete date-and-mintmark set of Morgan Dollars, the 1895 Philadelphia piece will present a significant challenge. This book lists all of the known die varieties of the Morgan dollar series and spurred collectors to examine their coins more closely for detail. It is quite reasonable to expect a minimum outlay of $500 to $800 for any example of an 1895 Morgan Dollar. 1896 Morgan Silver Dollar Value Pushed higher by bullion prices your 1896 Morgan silver dollar value is a minimum of . Type: Morgan Silver Dollar Year: 1895 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 880 [ Silver Content: 90% Silver Weight:.7735 oz. In February of 1878, a law called the Bland-Allison Act was passed by Congress requiring the Treasury to buy between two and four million troy ounces of silver per month. Multi-thousand 1895 Morgan Silver Dollar Value Top condition 1895 Morgan silver dollars are highly sought by collectors. Sometime around 1960, certain coin dealers became aware that the Treasury Department was swapping Morgan Dollars that were more than 80 years old, on a dollar for dollar basis, in exchange for silver certificates. 1895 S Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The Value of An 1895-S Morgan Dollar. New Orleans was the only other functioning U.S. Mint, and it only produced 450,000 Morgan silver dollars in 1895. 1895 Morgan Silver Dollar As far as US coins are concerned, few are more popular than the Morgan Silver Dollar, which was first minted in the late 1800s. Minted only in proof, the 1895 dollar is a rare coin indeed, and one that often ever really shows up in big auctions or at major coin dealer firms. It’s prudent that any 1895 Morgan Dollar you buy should be in a slab with a recognizable third-party logo. 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