1897 [PROOF] Morgan Dollar — Coin Value

Morgan Dollar

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

1897 [PROOF] Morgan Dollar value — Ungraded $1,794 · MS62 $9,456. Prices updated July 2026.

Series · Morgan DollarYear · 1897
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Value by grade
$1,794
Ungraded
5.3×
$9,456
MS62

Real sold prices per grade — the MS62 premium on this card is 5.3× raw.

Complete-in-box price history

Monthly CIB value, based on sold comps.

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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
Release date
January 1, 1897

1897 [PROOF] Morgan Dollar value

A raw (ungraded) 1897 [PROOF] Morgan Dollar runs around $1794, a certified MS62 about $9456, 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$1,794eBay sold comps
MS62$9,456eBay sold comps
Live asking — low / typical / high$95 / $241 / $49720 live eBay listings

Market check: As of July 22, 2026, 20 live eBay listings ask $95.00–$497.00 (median $241.00).

Frequently asked questions

What is the difference in value between the ungraded and MS62 versions?
The MS62 graded version is significantly more valuable, listed at $9456 compared to the ungraded value of $1500.
Is the 1897 Morgan Dollar a rare coin?
As a specific year within the Morgan Dollar series, its value varies greatly depending on its certified condition.
What is the base price for an ungraded 1897 Morgan Dollar?
The current estimated value for an ungraded 1897 Morgan Dollar is $1500.

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