1896 S [VAM-5] Morgan Dollar — Coin Value

Morgan Dollar

What the 1896 S [VAM-5] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1896 S [VAM-5] Morgan Dollar value — Ungraded $71. Prices updated August 2026.

Series · Morgan DollarMint · SYear · 1896
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Which version do you have?

For the cheapest way to own an 1896 S Morgan Dollar, purchase the Standard version at $95. The VAM-5 version at $71 offers no tangible benefits like unique editions or packaging over the Standard, as the price difference is not reflective of scarcity here. If your goal is simply ownership, buy the Standard. If you are chasing a graded premium, the VAM-5 is not the value proposition it appears to be.

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Item details

Series
Morgan Dollar
Year
1896
Mint
S

1896 S [VAM-5] Morgan Dollar value

A raw (ungraded) 1896 S [VAM-5] Morgan Dollar runs around $71, a certified MS62 about null, and a high-grade MS66 commands null.

What drives the price

Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.

Price guide

What this actually trades for — sold values by condition vs. what sellers are asking today

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ConditionValueBased on
Ungraded$71eBay sold comps

Frequently asked questions

What is the current value of an ungraded 1896 S Morgan Dollar?
The value of this ungraded coin is currently listed around $71, but final value depends on its actual condition.
Is the 1896 S Morgan Dollar rare?
It is a specific issue within the Morgan Dollar series from the year 1896, minted in 'S'.
What does 'Ungraded' mean for this coin's resale value?
Ungraded means the coin has not been certified by a grading service, requiring buyers to assess its condition themselves.

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