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Today's bullion price is a large part of 1898 Morgan silver dollar value, currently your coin is worth at least $19.94. However collector quality pieces are worth many times this minimum. Top condition silver dollars are avidly sought by collectors, with uncirculated examples commanding the highest value.ollow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted Uncirculated condition, to a very worn example in Good condition. By judging the different stages of wear, a Grade is determined. The greater the detail remaining, the greater your 1898 Morgan silver dollar value.
Assuming the coin is circulated and has no mintmark, the 1898 Morgan is a more common date coin. For an accurate assessment of value the coin needs to be seen and graded. Most â¦ coins of this type have seen heavy use and show a lot of wear. In general retail values as of 6-16-12 for circulated coins are $32.00-$40.00. think you're confusing this coin with a modern silver eagle bullion piece that has an artificial denomination of $1, but is actually sold for its metal content. Up till 1935 the U.S. controlled the price of silver and struck silver coins that were really worth $1 and could be spent in normal commerce*.