U.S. “Low Survival” 1890 Philadelphia Morgan Silver Dollar.
The principal Mint’s 1890 Morgan output was greatly reduced from the previous year’s and vast numbers were later lost in government melts. Just 6% may now survive in Very Fine quality or higher grades. (And as few as 2% may remain in BU condition.) Today this issue is one of the most affordable from the 1890 “rare decade” in mint-state quality. And that puts added market pressure on circulated grades like these Very Fine specimens.
U.S. “Best Struck” 1897-S San Francisco Morgan Silver Dollar.
The three 1897 Morgan silver dollar mintages (Philadelphia, New Orleans and San Francisco) amounted to the lowest combined outputs for the series in the late-1890s, when production was far less than during the 1880s. Like most S-mintmark Morgans, this San Francisco issue is appreciated for the quality of its minting. And in our clearly detailed Very Fine quality, it is markedly scarcer than some earlier issues that cost as much or more.