Where can I sell my 1889 silver dollar?

How many 1889 silver dollars exist?

In the case of the 1889 Morgan Silver Dollar, only 350,000 were minted, which is a very small number compared to other mints and years. For comparison, the Philadelphia Mint produced over 21 million Morgan Silver Dollars in 1889.

How do you sell old silver dollars?

Local coin stores are an option to sell silver coins, but the best place is very often an online coin buyer if you want to get a convenient and competitive offer that typically comes in higher than a coin shop.

How to tell if a silver dollar is worth money?

To determine a silver dollar's value, consider these steps:

1. Silver Content: Silver dollars typically weigh 26.73 grams, or roughly 0.942 ounces. ...
2. Condition: The coin's condition is graded using the Sheldon Scale, ranging from 1 to 70, with 70 representing a flawless coin in mint condition.

What makes a 1899 silver dollar rare?

Year: 1899. Only a small number of these coins were produced, making it anotable rarity in the series. Mint: New Orleans (O – Micro variety). Composition: 90% Silver, 10% Copper.

What is the error on the 1899 Morgan silver dollar?

In 1899, some of the New Orleans Morgan dollar dies were prepared with a smaller O mint mark punch, now referred to by collectors a “Micro-O.” This mint mark is almost round and does not have the taller oval shape seen on most other Morgan dollars.

How to sell silver without getting ripped off?

Reputable shops and online dealers post their numbers upfront and let the quotes speak for themselves. If you are shipping metals, stick with established dealers that have a real reputation to protect. Make sure you are using insured, trackable shipping and that you have a clear process for when and how you get paid.

Should I sell my old silver dollars?

As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver. Those types of coins always have a collector value.

Should I clean my silver dollar?

Even though it's counterintuitive, you should never clean a coin, as it can significantly reduce its value. Even coins that have substantial dirt, tarnishing, or toning should be kept in their original condition.

Where do you find the mint mark on a 1889 silver dollar?

On Morgan Silver Dollars, it's on the back, under the center of the wreath — but in 1880 and 1899, a small number of coins were struck with noticeably smaller mint marks than usual.

What silver dollars are worth keeping?

What silver dollars are valuable? Silver dollars become valuable when they are rare, in good condition, or feature unique errors. Coins such as Carson City Morgans, early Flowing Hair or Draped Bust dollars, and low-mintage Peace or Morgan issues are particularly prized by collectors.

How rare is a 1889 silver dollar?

The 1889-CC Morgan silver dollar is very rare in worn grades. In 1992, the coin in worn grades was the second most valuable, after the 1893-S among circulation strike Morgan dollars. Mint State 1889-CC pieces are few and far between and can be worth a hefty paycheck. Coins usually show an average strike at best.

What happens if my silver dollar doesn't have a mint mark?

For Peace silver dollars, the mint mark can be found below the word “ONE” and to the left of the eagle's tail feathers. It's common for silver dollars to not contain mint marks, which means that they were minted in Philadelphia.

How can I check the value of a coin for free?

Or just use a coin value app like CoinValueChecker or CoinKnow for instant evaluation – both coin identifier apps are FREE to use daily.

What year is a silver dollar worth the most?

1794 Flowing Hair Silver Dollar Special Strike

This coin holds the record for the highest amount paid for a silver dollar, incredibly selling over $10 million in auction. As the first silver dollar issued by the United States, its rarity and historical significance make it a highly sought-after piece among collectors.

How to sell coins without getting ripped off?

How to Sell Your Coin For Top Dollar

1. Step1: Figure Out What Type of Collection You Have. ...
2. Step 2: Understand Spreads and Profit Margins. ...
3. Step 3: Create An Inventory Of The Coin Collection. ...
4. Step 4: Have Realistic Expectation. ...
5. Step 5: Get More Than One Opinion, But Be Fair. ...
6. Step 6: Sell to the Coin Experts You Choose.

Is now a good time to sell silver coins?

If you've been holding silver coins, bars, or scrap, you might be wondering if now is the right time to sell your silver. With prices up significantly in 2025 and strong industrial demand, many experts believe this might be one of the best windows in recent years.