THREE 1889 MORGAN SILVER DOLLARS
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UP FOR SALE ARE THREE CIRCULATED 1889 MORGAN SILVER DOLLARS Type: Morgan Silver Dollar Year: 1889 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 21,726,000 [ ?] Silver Content: 90% Silver Weight: .7735 oz. Silver Melt: $16.54 Value: As a rough estimate of this coins value you can assume this coin in poor condition will be valued at somewhere around $26 , while one in "perfect" condition can bring $325 . This price does not reference any standard coin grading scale. So when we say poor, we mean worn more than would be expected from a coin in this age, and perfect meaning it looks "perfect" without flaw and possibly even certified. [ ?]. Additional Info: Just 811 Proof Morgan Silver Dollars were issued in 1889, and they are selling for somewhere between $2,000-$2,400. All Morgans are 90% silver and contain .7735 oz of pure silver. Numismatic vs Intrinsic Value: This coin in poor condition is still worth $9.46 more than the intrinsic value from silver content of $16.54, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.Current silver melt value* for a 1889 No mint mark is $16.54 and this price is based off the current silver spot price of $
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