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1898 (O) Morgan Dollar

Strike Type
1898 (O) Dollar coin

Coin Details

Year
1898
Denomination
Dollar
Mint Mark
O
Strike Type
Regular Strike
Series
Morgan Dollars 1878-1921
Designer
George T. Morgan
Mintage
4,440,000
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$87 - $314

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$21,850 MS68 01-05-2011 Heritage Auctions

Description

The 1898 (O) Morgan Dollar is a dollar produced at the New Orleans Mint as part of the Morgan Dollars 1878-1921 series. With a mintage of 4.4 million, this is a less common issue — ranked 2nd of 3 mint variants by mintage, with 31% of production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Struck at the New Orleans Mint, which operated from 1838 to 1909 and produced coins prized for their historical Southern provenance. Estimated market value ranges from $87 to $314 depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7254.

External References

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