1898 Morgan Dollar
Base
About This Coin
The 1898 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — 21st of 28 years in the series. In 1898, coins were struck at the Philadelphia, New Orleans, and San Francisco Mints with a combined mintage of 14.4 million. This ranks 8th of 28 years by total mintage, below the series median of 28.3 million. 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. Weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 89 known die varieties for this date across 4 categories, including cud, doubled die reverse, pre-cud and 1 other types. Produced 3 years after the celebrated 1895 key date. Across its variants, estimated values range from $87 to $4.7K depending on mint mark, grade, and strike type. A notable auction result reached $118K in MS68 grade at Legend Rare Coin Auctions. Designed by George T. Morgan.
Value Estimates
Values as of May 2026 — range across all strike types, reflecting typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
