Price Guide for 1891 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $11.00 – $6,600.00Uncirculated: $25.00 – $19,200.00
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eBayCirculated: $20.31 – $409.00Uncirculated: $27.00 – $6,811.00
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PCGS Price GuideCirculated: $32.00 – $90.00Uncirculated: $100.00 – $47,500.00
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3rd Party PriceCirculated: $15.00 – $8,500.00Uncirculated: $15.00 – $108,687.50
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eBayCirculated: $1.00 – $750.00Uncirculated: $102.77 – $6,900.00
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PCGS Price GuideCirculated: $30.00 – $245.00Uncirculated: $260.00 – $125,000.00
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3rd Party PriceCirculated: $2.00 – $9,000.00Uncirculated: $4.85 – $37,600.00
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eBayCirculated: $10.00 – $860.00Uncirculated: $1.00 – $5,700.00
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PCGS Price GuideCirculated: $140.00 – $685.00Uncirculated: $725.00 – $65,000.00
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3rd Party PriceCirculated: $2.00 – $3,600.00Uncirculated: $4.50 – $31,200.00
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eBayCirculated: $19.59 – $250.00Uncirculated: $45.00 – $4,150.00
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PCGS Price GuideCirculated: $34.00 – $145.00Uncirculated: $160.00 – $33,500.00
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3rd Party PriceCirculated: $79.00 – $660.00Uncirculated: $224.00 – $40,800.00
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eBayCirculated: $70.00 – $784.95Uncirculated: $378.20 – $4,950.00
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PCGS Price GuideCirculated: $160.00 – $775.00Uncirculated: $800.00 – $45,000.00
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3rd Party PriceCirculated: $264.00Uncirculated: $170.00 – $10,450.00
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eBayCirculated: $110.00Uncirculated: $225.00 – $3,750.00
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PCGS Price GuideUncirculated: $350.00 – $13,500.00
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3rd Party PriceCirculated: $25.00 – $216.00Uncirculated: $75.00 – $2,760.00
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eBayCirculated: $29.78 – $125.00Uncirculated: $72.03 – $899.00
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PCGS Price GuideCirculated: $46.00 – $88.00Uncirculated: $120.00 – $2,750.00
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3rd Party PriceCirculated: $155.00 – $1,800.00Uncirculated: $215.00 – $199,750.00
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eBayCirculated: $349.00 – $569.00Uncirculated: $368.00 – $3,050.00
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PCGS Price GuideCirculated: $700.00 – $750.00Uncirculated: $800.00 – $235,000.00
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eBayCirculated: $97.88Uncirculated: $153.70 – $550.00
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3rd Party PriceCirculated: $75.00 – $82.00Uncirculated: $66.00 – $11,100.00
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eBayUncirculated: $59.99 – $5,375.00
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PCGS Price GuideUncirculated: $200.00 – $10,000.00
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eBayUncirculated: $272.00 – $2,250.00
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3rd Party PriceCirculated: $432.00 – $1,475.00Uncirculated: $4.20 – $34,075.00
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eBayCirculated: $941.20 – $1,338.00Uncirculated: $71.00 – $5,395.00
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PCGS Price GuideCirculated: $1,375.00 – $1,800.00Uncirculated: $2,200.00 – $37,500.00
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3rd Party PriceCirculated: $76.00Uncirculated: $175.08 – $3,450.00
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eBayCirculated: $38.25Uncirculated: $42.00 – $1,650.00
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PCGS Price GuideUncirculated: $225.00 – $1,900.00
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3rd Party PriceCirculated: $1,500.00 – $38,000.00Uncirculated: $276.00 – $24,675.00
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eBayUncirculated: $79.50 – $999.99
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PCGS Price GuideUncirculated: $500.00 – $45,000.00
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3rd Party PriceUncirculated: $540.00
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eBayCirculated: $44.00 – $449.99Uncirculated: $45.00 – $983.25
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3rd Party PriceCirculated: $73.70 – $95.70
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3rd Party PriceUncirculated: $6,463.00
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PCGS Price GuideUncirculated: $1,500.00 – $7,000.00
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3rd Party PriceUncirculated: $810.00 – $5,040.00
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eBayUncirculated: $999.95
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PCGS Price GuideUncirculated: $1,250.00 – $8,000.00
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3rd Party PriceCirculated: $29.00 – $1,762.50
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eBayCirculated: $36.00 – $1,150.00
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PCGS Price GuideCirculated: $110.00 – $2,000.00Uncirculated: $2,500.00 – $3,500.00
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3rd Party PriceCirculated: $66.00 – $84.00Uncirculated: $558.80
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eBayCirculated: $220.00 – $375.00Uncirculated: $214.50 – $2,790.00
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eBayUncirculated: $832.57
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eBayUncirculated: $299.00
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3rd Party PriceCirculated: $1,600.00 – $2,200.00Uncirculated: $225.00 – $121,000.00
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eBayUncirculated: $638.00 – $3,600.00
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PCGS Price GuideUncirculated: $900.00 – $65,000.00
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3rd Party PriceCirculated: $1,239.00Uncirculated: $1,527.50 – $6,195.00
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eBayUncirculated: $630.00 – $5,750.00
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eBayCirculated: $204.50 – $504.85Uncirculated: $400.00 – $2,000.00
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3rd Party PriceUncirculated: $620.00 – $2,950.00
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3rd Party PriceUncirculated: $518.00 – $1,100.00
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eBayUncirculated: $465.00 – $1,350.00
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3rd Party PriceUncirculated: $810.00 – $8,225.00
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eBayUncirculated: $1,525.00 – $5,400.00
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3rd Party PriceUncirculated: $1,762.50 – $5,400.00
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eBayCirculated: $133.61 – $1,980.00Uncirculated: $305.00 – $5,500.00
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eBayUncirculated: $595.00
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eBayCirculated: $86.00 – $152.50Uncirculated: $646.00
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3rd Party PriceCirculated: $114.00 – $552.00Uncirculated: $527.00 – $1,320.00
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eBayCirculated: $144.50 – $459.99Uncirculated: $157.51 – $1,825.00
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PCGS Price GuideCirculated: $175.00 – $715.00Uncirculated: $775.00 – $7,000.00
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3rd Party PriceUncirculated: $978.00 – $58,750.00
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PCGS Price GuideUncirculated: $1,200.00 – $55,000.00
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3rd Party PriceUncirculated: $59.00
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eBayCirculated: $175.00 – $459.00Uncirculated: $399.00 – $800.00
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3rd Party PriceCirculated: $36.00 – $780.00
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eBayCirculated: $20.50 – $350.00Uncirculated: $49.50
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PCGS Price GuideCirculated: $74.00 – $445.00Uncirculated: $525.00 – $1,050.00
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3rd Party PriceCirculated: $50.00 – $504.00
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eBayCirculated: $70.00 – $774.95
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eBayCirculated: $90.00 – $113.50
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eBayCirculated: $18.50 – $180.00Uncirculated: $310.00
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3rd Party PriceCirculated: $51.00 – $575.00
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eBayCirculated: $40.00 – $2,200.00
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eBayCirculated: $21.50 – $89.00
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eBayCirculated: $39.93
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3rd Party PriceUncirculated: $432.00
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eBayCirculated: $26.66 – $79.00
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3rd Party PriceUncirculated: $150.00 – $31,725.00
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eBayUncirculated: $426.00 – $3,899.00
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PCGS Price GuideUncirculated: $300.00 – $37,500.00
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eBayUncirculated: $117.50
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3rd Party PriceCirculated: $50.00 – $138.00Uncirculated: $78.00 – $6,250.00
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eBayCirculated: $50.00 – $147.50Uncirculated: $95.00 – $795.00
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PCGS Price GuideCirculated: $64.00 – $200.00Uncirculated: $225.00 – $7,000.00
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3rd Party PriceCirculated: $33.00
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eBayCirculated: $78.00
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eBayCirculated: $67.00
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eBayCirculated: $50.00
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eBayUncirculated: $84.88 – $189.99
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eBayCirculated: $47.00Uncirculated: $82.06 – $94.99
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3rd Party PriceUncirculated: $1,380.00 – $47,438.00
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eBayUncirculated: $6,209.10 – $16,000.00
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PCGS Price GuideUncirculated: $2,600.00 – $60,000.00
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3rd Party PriceUncirculated: $7,503.60 – $30,000.00
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PCGS Price GuideUncirculated: $3,000.00 – $75,000.00
Design and Specifications of the 1891 Dollar
The 1891 Morgan Dollar is part of the iconic Morgan Dollar series, which was minted from 1878 to 1904 and again in 1921. Named after its designer, George T. Morgan, this coin played a crucial role in America’s westward expansion and the nation’s economic growth during the late 19th century.
The year 1891 saw continued production of Morgan Dollars at multiple mints, reflecting the ongoing demand for silver coinage in the American economy. This period was marked by political debates over silver monetization, which would ultimately lead to the Sherman Silver Purchase Act of 1890 and its repeal in 1893.
| Weight | 26.73 grams |
|---|---|
| Diameter | 38.1 mm |
| Mint Marks | Philadelphia (no mint mark), New Orleans (O), San Francisco (S), Carson City (CC) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Liberty Head (Morgan Dollar), designed by George T. Morgan |
| Reverse Design | Heraldic eagle with wings spread, designed by George T. Morgan |
Rarity Factors and Value Drivers
The condition of 1891 Morgan Dollars significantly impacts their value. Coins in uncirculated condition (MS60 and above) command substantial premiums, with MS65 and higher grades being particularly valuable. The Carson City (CC) mint mark is especially desirable in high grades due to its lower mintage and historical significance.
Key factors affecting condition include:
1. Strike quality: Well-struck coins with full detail on Liberty’s hair and the eagle’s feathers are more valuable.
2. Luster: Original mint luster adds significant value, especially if it’s full and unbroken.
3. Contact marks: Fewer bag marks or contact marks, especially on the cheek and fields, increase value.
4. Toning: Natural, attractive toning can enhance value, particularly for the CC mint mark.
Mintage: 8,694,206
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
Mintage: 7,954,529
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
Mintage: 5,296,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, typical for common date Morgan Dollars
Mintage: 1,618,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in MS65 and above
Varieties Errors: None significant
Market Demand: High, due to Carson City mint mark and lower mintage
Additional factors influencing the value of 1891 Morgan Dollars include:
1. Mint mark: Carson City (CC) coins are generally more valuable due to lower mintage and collector demand.
2. Die state: Early die state coins with sharp details are often more desirable.
3. Prooflike surfaces: Some 1891 Morgans exhibit prooflike or deep mirror prooflike surfaces, which can command significant premiums.
4. Historical significance: As part of the Morgan Dollar series, these coins are popular among collectors interested in American economic history.
5. Overall rarity: While common in circulated grades, all 1891 Morgan Dollars become scarce in gem uncirculated condition (MS65 and above).
