1897 Morgan Dollar — Coin Value

Morgan Dollar

What the 1897 Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1897 Morgan Dollar value — Ungraded $60 · MS62 $100 · MS66 $775. Prices updated July 2026.

Series · Morgan DollarYear · 1897
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Value by grade
$60
Ungraded
+67%
$100
MS62
12.9×
$775
MS66

Real sold prices per grade — the MS66 premium on this card is 12.9× raw.

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Which version do you have?

For the cheapest way to own an 1897 Morgan Dollar, purchase the Standard version for around $70. The premium versions offer distinct value: the VAM-6A at $83 and the VAM-8 at $57 represent specific grading or production characteristics, while the PROOF version at $1500 signifies a high-quality collectible edition. Save with the Standard, but pay more if you seek the documented scarcity of the PROOF.

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Item details

Series
Morgan Dollar
Year
1897

1897 Morgan Dollar value

A raw (ungraded) 1897 Morgan Dollar runs around $60, a certified MS62 about $100, and a high-grade MS66 commands $775.

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$60eBay sold comps
MS62$100eBay sold comps
MS66$775eBay sold comps

Frequently asked questions

What is the starting value for an ungraded 1897 Morgan Dollar?
An ungraded 1897 Morgan Dollar starts at approximately $65.
How much more is an MS66 compared to an MS62?
An MS66 is valued at $875, significantly higher than the MS62 grade of $102.
What is the series and year of this coin?
This collectible is a Morgan Dollar from the year 1897.

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