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1897 $1 MS

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +1.3%
$46.55
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1897 $1  MS
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While a lower-mintage Morgan dollar with fewer than 2.9 million struck, this 1897 Philly-minted issue is common in circulated grades and is widely available through at least MS65. In the grade of MS66 this piece becomes scarce and in MS67 or better it is quite rare. PLs and DMPLs are scarce bit available for a price in the lower uncirculated grades. Examples of both exist in the Gem range but are extremely scarce.

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: 7582
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
Denomination: $1
Designation: MS
Mint Location: Philadelphia
Mintage: 2,822,000
Coinage Type: Morgan silver dollar
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
PCGS #: 7246
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Coin Value History
1897 $1 MS
Value By Grade
1897 $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 +1.3%
$46.55
GSID:7582 PCGS:7246 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1897 $1 MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS67 CAC $8,500 $1,234
MS67 - $5,500 $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 $1 Morgan Dollar -- Defective Planchet -- MS65 NGC. ...
1897 $1 Morgan Dollar -- Defective Planchet -- MS65 NGC. ...
$281
Sold 10/5/2026
Heritage Auctions
1897 $1 MS62 NGC. CDN: $85.33 Whsle. Bid for NGC/PCGS MS62. Mintage 2,822,731. ...
1897 $1 MS62 NGC. CDN: $85.33 Whsle. Bid for NGC/PCGS MS62. Mintage 2,822,731. ...
$109
Sold 9/30/2026
Heritage Auctions
1897 $1 MS64 PCGS. CDN: $145 Whsle. Bid for NGC/PCGS MS64. Mintage 2,822,731. ...
1897 $1 MS64 PCGS. CDN: $145 Whsle. Bid for NGC/PCGS MS64. Mintage 2,822,731. ...
$159
Sold 9/30/2026
Heritage Auctions
1897 $1 MS66 PCGS. CDN: $800 Whsle. Bid for NGC/PCGS MS66. Mintage 2,822,731. ...
1897 $1 MS66 PCGS. CDN: $800 Whsle. Bid for NGC/PCGS MS66. Mintage 2,822,731. ...
$1,464
Sold 9/30/2026
Heritage Auctions
1897 $1 MS63 PCGS. Housed in a Generation 3.1 green label holder. CDN: $135 Whsle. Bid for NGC/PCGS MS63. Mintage 2,822,731...
1897 $1 MS63 PCGS. Housed in a Generation 3.1 green label holder. CDN: $135 Whsle. Bid for NGC/PCGS MS63. Mintage 2,822,731...
$165
Sold 9/22/2026
Heritage Auctions
1897 $1 Doubled Stars, VAM-8, MS61 PCGS. A Hot 50 Variety. PCGS Population: 3 in 61, 90 finer (6/26). CDN: $88.17 Whsle. Bi...
1897 $1 Doubled Stars, VAM-8, MS61 PCGS. A Hot 50 Variety. PCGS Population: 3 in 61, 90 finer (6/26). CDN: $88.17 Whsle. Bi...
$114
Sold 9/8/2026
Heritage Auctions
1897 $1 Pitted Reverse, VAM-6A, AU58 NGC. A Top 100 Variety. NGC Census: 67 in 58, 704 finer (6/26). CDN: $78.52 Whsle. Bid...
1897 $1 Pitted Reverse, VAM-6A, AU58 NGC. A Top 100 Variety. NGC Census: 67 in 58, 704 finer (6/26). CDN: $78.52 Whsle. Bid...
$99
Sold 9/8/2026
Heritage Auctions
1897 $1 MS67 PCGS. CAC. ...
1897 $1 MS67 PCGS. CAC. ... CAC approved
$6,710
Sold 3/26/2026
Heritage Auctions
1897 Morgan Silver Dollar. Unc Details--Altered Surfaces (PCGS).
1897 Morgan Silver Dollar. Unc Details--Altered Surfaces (PCGS).
$48
Sold 4/16/2025
Stack’s Bowers Galleries
1897 $1 Pitted Reverse, VAM-6A, AU55 NGC. A Top 100 Variety. NGC Census: (15/706)....
1897 $1 Pitted Reverse, VAM-6A, AU55 NGC. A Top 100 Variety. NGC Census: (15/706)....
$63
Sold 11/6/2024
Heritage Auctions
1897 $1 VAM-6 AU50 ANACS....
1897 $1 VAM-6 AU50 ANACS....
$45
Sold 12/26/2023
Heritage Auctions
1897 $1 VAM-4 -- Artificially Toned -- ANACS Details. MS60....
1897 $1 VAM-4 -- Artificially Toned -- ANACS Details. MS60....
$30
Sold 12/26/2023
Heritage Auctions
1897 $1 Poor 1 PCGS. CAC. PCGS Population: (6/22195). NGC Census: (3/21457). Mintage 2,822,731. ...
1897 $1 Poor 1 PCGS. CAC. PCGS Population: (6/22195). NGC Census: (3/21457). Mintage 2,822,731. ... CAC approved
$480
Sold 12/11/2023
Heritage Auctions
1897 $1 VAM-6A, Pitted Reverse AU53 PCGS. TOP-100. PCGS Population (9/221). NGC Census: (0/0)....
1897 $1 VAM-6A, Pitted Reverse AU53 PCGS. TOP-100. PCGS Population (9/221). NGC Census: (0/0)....
$40
Sold 3/11/2014
Heritage Auctions
1897 Morgan Silver Dollar. MS-65 (PCGS).
1897 Morgan Silver Dollar. MS-65 (PCGS).
$390
Sold 9/24/2026
Stack’s Bowers Galleries
1897 $1 MS62 PCGS. CDN: $79.37 Whsle. Bid for NGC/PCGS MS62. Mintage 2,822,731. ...
1897 $1 MS62 PCGS. CDN: $79.37 Whsle. Bid for NGC/PCGS MS62. Mintage 2,822,731. ...
$124
Sold 9/30/2026
Heritage Auctions
1897 $1 MS64 PCGS. Housed in a Generation 1.2 "rattler" holder. CDN: $145 Whsle. Bid for NGC/PCGS MS64. Mintage 2,822,731. ...
1897 $1 MS64 PCGS. Housed in a Generation 1.2 "rattler" holder. CDN: $145 Whsle. Bid for NGC/PCGS MS64. Mintage 2,822,731. ...
$244
Sold 9/22/2026
Heritage Auctions
1897 $1 MS66 PCGS. CDN: $800 Whsle. Bid for NGC/PCGS MS66. Mintage 2,822,731. ...
1897 $1 MS66 PCGS. CDN: $800 Whsle. Bid for NGC/PCGS MS66. Mintage 2,822,731. ...
$824
Sold 9/16/2026
Heritage Auctions
1897 $1 MS63 PCGS. CDN: $135 Whsle. Bid for NGC/PCGS MS63. Mintage 2,822,731. ...
1897 $1 MS63 PCGS. CDN: $135 Whsle. Bid for NGC/PCGS MS63. Mintage 2,822,731. ...
$140
Sold 9/2/2026
Heritage Auctions
1897 Morgan Silver Dollar. VAM-6A. Top 100 Variety. Pitted Reverse. MS-61 (NGC).
1897 Morgan Silver Dollar. VAM-6A. Top 100 Variety. Pitted Reverse. MS-61 (NGC).
$105
Sold 9/3/2025
Stack’s Bowers Galleries
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