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1896 (O) Morgan Dollar

Strike Type
1896 (O) Dollar coin

Coin Details

Year
1896
Denomination
Dollar
Mint Mark
O
Strike Type
Regular Strike
Series
Morgan Dollars 1878-1921
Designer
George T. Morgan
Mintage
4,900,000
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$87 - $200,155

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

$528,000 MS66 11-18-2020 Stack's Bowers

Description

The 1896 (O) Morgan Dollar is a dollar from the New Orleans Mint, belonging to the Morgan Dollars 1878-1921 series. With a mintage of 4.9 million, this is a less common issue — the lowest mintage among 3 mint variants, representing only 25% of total 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. The New Orleans Mint operated from 1838 to 1909, producing coins valued for their Southern historical provenance. Estimated market value ranges from $87 to $200K 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 #7242.

External References

Error Varieties(38)

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