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1895 Morgan dollar value guide -- the proof-only "King of Morgan Dollars," why no business strikes exist, and current value.
Condition drives the price — full breakdown below.
Note: a full grade-by-grade breakdown for this coin is still being compiled.
880 struck — against the other key dates in the Morgan Silver Dollar series.
Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.
Called the "King of Morgan Dollars" -- no 1895 business-strike (regular circulation) dollars are known to exist from the Philadelphia mint, only proofs.
Only 880 proofs were struck, making this one of the scarcest dates in the entire series by any measure.
Its absence from circulation strikes (despite mint records showing over 12 million were supposedly coined) has never been fully explained -- most are believed melted.
Live listings matching the 1895 Proof only Morgan Silver Dollar
Other dates and varieties in this series
What to check before you pay, specific to this date and its 880-coin mintage.
Two examples of this date can be worth very different amounts depending on wear. Work out where an example sits on the range above before deciding whether its asking price is fair, and ask the seller for more photos if the wear points aren't clear.
A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.
Every Morgan Silver Dollar listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.
About the 1895 Proof only Morgan Silver Dollar
No business-strike (regular circulation) examples of this date are known — only the proof shown above exists, currently estimated around $66,417. There isn't a grade-tier range to compare against because there's no wider population of circulated examples to grade.
Called the "King of Morgan Dollars" -- no 1895 business-strike (regular circulation) dollars are known to exist from the Philadelphia mint, only proofs.
For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.
The rest of the series, with what each is worth at the top of the grade scale.
List it free on PeerMetals — flat 2.75% seller fee, zero listing fees, 1–3 day payouts.
