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1897-O $1 MS

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +0.76%
$40.72
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1897-O $1  MS
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The 1897-O, much like other New Orleans Mint Morgan dollars, is common enough in the circulated grades but is scarce in uncirculated condition. This issue is not struck well, and uncirculated specimens don't usually possess very good luster. Thus, Gems are extremely rare, though a handful survive up to MS67. PLs and DMPLs are all rare, and none are known in the grade of MS65 or higher.

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.

Catalog Information

GSID: 7629
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-O
Denomination: $1
Designation: MS
Mint Location: New Orleans
Mint Mark: O
Mintage: 4,004,000
Coinage Type: Morgan silver dollar
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
PCGS #: 7248
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Coin Value History
1897-O $1 MS
Value By Grade
1897-O $1 MS
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View Log In

Values

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +0.76%
$40.72
GSID:7629 PCGS:7248 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1897-O $1 MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS67 CAC $300,000 $1,234
MS67 - $240,000 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

Related Items

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Auction Prices

Recent public sale records for this item
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1897-O Morgan Silver Dollar. AU-58 (PCGS).
1897-O Morgan Silver Dollar. AU-58 (PCGS).
$464
Sold 10/28/2026
Stack’s Bowers Galleries
1897-O Morgan Silver Dollar. Unc Details--Cleaned (PCGS).
1897-O Morgan Silver Dollar. Unc Details--Cleaned (PCGS).
$561
Sold 10/8/2026
Stack’s Bowers Galleries
1897-O $1 AU55 PCGS. CDN: $147.37 Whsle. Bid for NGC/PCGS AU55. Mintage 4,004,000. ...
1897-O $1 AU55 PCGS. CDN: $147.37 Whsle. Bid for NGC/PCGS AU55. Mintage 4,004,000. ...
$171
Sold 9/30/2026
Heritage Auctions
1897-O $1 XF45 PCGS. CDN: $94.31 Whsle. Bid for NGC/PCGS XF45. Mintage 4,004,000. ...
1897-O $1 XF45 PCGS. CDN: $94.31 Whsle. Bid for NGC/PCGS XF45. Mintage 4,004,000. ...
$99
Sold 9/30/2026
Heritage Auctions
1897-O Morgan Silver Dollar. AU-53 (PCGS).
1897-O Morgan Silver Dollar. AU-53 (PCGS).
$159
Sold 9/24/2026
Stack’s Bowers Galleries
1897-O $1 AU50 ANACS. Housed in a small-sized holder. Mintage 4,004,000. ...
1897-O $1 AU50 ANACS. Housed in a small-sized holder. Mintage 4,004,000. ...
$144
Sold 9/23/2026
Heritage Auctions
1897-O $1 MS61 NGC. Housed in a Generation 5 fatty holder. CDN: $1,250 Whsle. Bid for NGC/PCGS MS61. Mintage 4,004,000. ...
1897-O $1 MS61 NGC. Housed in a Generation 5 fatty holder. CDN: $1,250 Whsle. Bid for NGC/PCGS MS61. Mintage 4,004,000. ...
$1,281
Sold 9/16/2026
Heritage Auctions
1897-O Morgan Silver Dollar. AU Details--Cleaned (NGC).
1897-O Morgan Silver Dollar. AU Details--Cleaned (NGC).
$171
Sold 9/10/2026
Stack’s Bowers Galleries
1897-O $1 MS63 PCGS. CAC. ...
1897-O $1 MS63 PCGS. CAC. ... CAC approved
$9,150
Sold 7/17/2026
Heritage Auctions
1897-O $1 MS62 PCGS. CDN: $1,800 Whsle. Bid for NGC/PCGS MS62. Mintage 4,004,000. ...
1897-O $1 MS62 PCGS. CDN: $1,800 Whsle. Bid for NGC/PCGS MS62. Mintage 4,004,000. ...
$1,830
Sold 7/8/2026
Heritage Auctions
1897-O $1 MS60 PCGS. CDN: $1,050 Whsle. Bid for NGC/PCGS MS60. Mintage 4,004,000. ...
1897-O $1 MS60 PCGS. CDN: $1,050 Whsle. Bid for NGC/PCGS MS60. Mintage 4,004,000. ...
$1,098
Sold 6/24/2026
Heritage Auctions
1897-O $1 GSA Soft Pack VG8 NGC. ...
1897-O $1 GSA Soft Pack VG8 NGC. ...
$171
Sold 6/10/2026
Heritage Auctions
1897-O $1 VF35 NGC. NGC Census: 71 in 35, 8637 finer (5/26). CDN: $76.47 Whsle. Bid for NGC/PCGS VF35. Mintage 4,004,000. ...
1897-O $1 VF35 NGC. NGC Census: 71 in 35, 8637 finer (5/26). CDN: $76.47 Whsle. Bid for NGC/PCGS VF35. Mintage 4,004,000. ...
$109
Sold 5/20/2026
Heritage Auctions
1897-O Morgan Silver Dollar. MS-64 (PCGS).
1897-O Morgan Silver Dollar. MS-64 (PCGS).
$16,800
Sold 3/10/2026
Stack’s Bowers Galleries
1897-O Morgan Silver Dollar. MS-66+ (PCGS). CAC.
1897-O Morgan Silver Dollar. MS-66+ (PCGS). CAC. CAC approved
$300,000
Sold 8/27/2025
Stack’s Bowers Galleries
1897-O $1 XF40 PCGS. Mintage 4,004,000. ...
1897-O $1 XF40 PCGS. Mintage 4,004,000. ...
$84
Sold 4/9/2025
Heritage Auctions
1897-O $1 MS65 NGC....
1897-O $1 MS65 NGC....
$46,800
Sold 6/13/2024
Heritage Auctions
1897-O Morgan Silver Dollar. Poor-1 (PCGS).
$216
Sold 2/21/2024
Stack’s Bowers Galleries
1897-O $1 GSA Soft Pack Good 4 NGC. NGC Census: (11/8033). PCGS Population: (18/8389). CDN: $30 Whsle. Bid for NGC/PCGS Goo...
1897-O $1 GSA Soft Pack Good 4 NGC. NGC Census: (11/8033). PCGS Population: (18/8389). CDN: $30 Whsle. Bid for NGC/PCGS Goo...
$312
Sold 9/6/2023
Heritage Auctions
1897-O $1 Morgan Dollar -- Obverse Planchet Lamination -- VF20 PCGS....
1897-O $1 Morgan Dollar -- Obverse Planchet Lamination -- VF20 PCGS....
$139
Sold 6/12/2023
Heritage Auctions
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