LUSTRE

Lot 047Coin values

1890-O Morgan Dollar

NEW ORLEANS (O) · 90% SILVER, 10% COPPER · 10,701,100 STRUCK

The answer

Worth about $50⁠–⁠$60 circulated and $220⁠–⁠$300 in MS-65.

The 1890-O Morgan Dollar is a common date from the New Orleans Mint, with 10,701,100 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $50⁠–⁠$60, and a well-preserved MS-65 example is estimated at $220⁠–⁠$300. Circulated coins of this date trade at or just above the value of their metal, so the live melt value on this page is the best guide to a worn coin.

1890-ONew Orleans (O)

Catalogue medallion. We do not yet hold a licensed photograph of this exact date and mint, so none is shown rather than one with a different date.

Morgan dollar obverse: Liberty head facing left
Morgan dollar reverse: eagle with wings spread inside a wreath
Design reference 1878-CC Morgan dollar, National Numismatic Collection. The date on this photograph is not this issue's date. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.
Mint
New Orleans (O)
Composition
90% silver, 10% copper
Mintage
10,701,100
Weight and size
26.73 g · 38.1 mm
Designer
George T. Morgan
RarityCommon
PlentifulRare

Among the more plentiful: 77% of issues in the series have a smaller mintage. 10,701,100 struck. Mintage is the number struck, not the number that survive.

Value ladder
Varieties to look for

Mint mark position

S, O, CC and D sit on the reverse below the wreath. Check the letter against the date: Carson City (CC) coins carry a premium in every grade.

Strike and surface

Look for full hair detail above Liberty's ear and sharp eagle breast feathers. Prooflike (PL) and deep mirror prooflike (DMPL) surfaces carry large premiums in Mint State.

Cleaning

Many Morgans have been cleaned or dipped. Hairlines and a dull, wiped look reduce value; original toning is generally preferred.

Questions

About the 1890-O Morgan

How much is a 1890-O Morgan Dollar worth?

Lustre's editorial estimate (Oct 2026) is $50⁠–⁠$60 for circulated examples (G-4 to EF-40) and $220⁠–⁠$300 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.

Is a 1890-O Morgan Dollar silver?

Yes. It is 90% silver, 10% copper and weighs 26.73 g, which is 0.7735 troy ounces of pure silver. Its melt value is that weight multiplied by the current silver spot price, shown live on this page.

How many 1890-O Morgan Dollars were minted?

10,701,100 were struck at the New Orleans Mint.

Where is the mint mark on a Morgan Dollar?

On the reverse, below the wreath and above the letters ONE. Philadelphia coins have no mint mark.

Is my 1890-O Morgan Dollar rare?

No. It is a common date. Its value depends mostly on grade, originality and, for silver coins, the melt value.

Neighbouring issues

More Morgan Dollar values

All 96 Morgan Dollar issues

Sources and method

Where these numbers come from

Morgan dollar, Wikipedia: mintage, composition, weight, diameter, edge, designer.

Morgan dollar mintage, Landofcoins.com: mintage by year and mint.

Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).

gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.

How the estimates are made. Facts reviewed Oct 2026.

Circulated$50⁠–⁠$60
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