Last Updated on March 22, 2022
The silver dollars that were created in the 80s still have a high value. That is because these coins were created using pure silver. Because of this, the market value of these coins depends on the value of silver in our current times.
So, if you have want to know more about the 1889 silver dollar value, you are in the right place. Here is everything you need to know about its worth.
How Much Is 1889 Silver Dollar Worth?
The 1889 silver dollar value depends on the value of the silver. For example, currently, the silver melt value of this coin is more than $19. That is because the current silver spot price per ounce is over $24, and that is what we use to calculate the melt value of the coin.
On the other hand, if the 1889 silver dollar has no mint mark, it will be worth over $30 in fine condition. If the condition is incredibly fine, it will be more than $33. Of course, the uncirculated 1889 silver dollar value will be around $50 for MS60 grade coins.
Finally, if the uncirculated 1889 silver dollar coin has an MS65 grade, it can sell for more than $200. So, it all depends on the silver dollar coin you have and the condition.
What Is The 1889 CC Silver Dollar Value?
The CC series have the highest 1889 silver dollar value. That is because it is one of the rarest series, which is why we obtain a high value. If the condition of this coin is fine, it will have a value of more than $1,100.
If the condition is incredibly fine, then the value of this coin will be more than $2,500. Of course, the best 1889 CC silver dollar value is of the uncirculated MS 60 grade coin. Such a coin has a value of more than $21,000 in the market.
However, the highest value lies with the 1889 CC silver dollar of MS65 grade that is uncirculated. Such a coin has a value of more than $300,000. If you have your hands on this coin, it is one of the best investments you can make in your collection.
What is The 1889 S Silver Dollar Value?
Apart from the CC series, there is also the S series of the 1889 silver dollar. Such a dollar is worth over $60 in fine condition. If the condition is incredibly fine, the coin will be worth more than $75.
However, the MS60 grade coin in uncirculated condition will be worth more than $275. Of course, the highest value lies with the uncirculated coins of MS65 grade. Such a coin has an 1889 silver dollar value of more than $1,300.
What Is The 1889 Silver Dollar Value Of The O Series?
There is also an O series of the 1889 silver dollar. The 1889 silver dollar value of this series depends on the condition and the grade. For example, in fine condition, this coin will have a value of over $30.
If the condition is incredibly fine, then the value of this coin will be more than $37. Of course, as we have established, the value of uncirculated coins with a high MS grade will be even more. So, the uncirculated coin with an MS60 grade will have a value of more than $260.
On the other hand, uncirculated coins with an MS65 grade will have a value of more than $3,400. The key is to get your hands on uncirculated MS65 grade coins if you want the best value from your collection. However, they are hard to come by.
What Is The 1889 Silver Dollar Value Of Proof Coins?
Many countries also used to mint proof coins back in the day. The 1889 silver dollar also has proof coins that don’t contain any mint marks. Such coins are available in the market, and they have a value of more than $3,000 in PR 63 condition.
The 1889 silver dollar value of such proof coins is high. That is because, during that time, only over 800 such proof coins were minted. So, the scarcity creates a high value that ensures that collectors can have something rare in their collection.