As of May, 2024, a 1889-O Dollar VAM 2 Oval O in circulated condition is worth between $69.00 and $450.00, while an uncirculated specimen can be valued between $575.00 and $1,650.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $1,080.00 in the 12/26/2023 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: George T. Morgan
Edge: Reeded
Diameter: 38.10 millimeters
Weight: 26.73 grams
Mintage: 11,875,000
Mint: New Orleans
Metal: 90% Silver, 10% Copper
Series: Morgan Dollars 1878-1921

1889-O Dollar Vam 2 Oval O (Regular Strike) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

GradePrice($)
MS-641,650.00
MS-63+1,275.00
MS-63950.00
MS-62+800.00
MS-62750.00
MS-61625.00
MS-60575.00
AU-58+450.00
AU-58425.00
AU-55+250.00
AU-55225.00
AU-53+180.00
AU-53165.00
AU-50+150.00
AU-50140.00
XF-45+120.00
XF-45115.00
XF-40110.00
VF-35105.00
VF-30100.00
VF-2595.00
VF-2091.00
F-1586.00
F-1280.00
VG-1079.00
VG-874.00
G-674.00
G-469.00
AG-369.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State575.001,650.00946.43
About Uncirculated140.00450.00248.13
Extremely Fine110.00120.00115.00
Fine and Very Fine80.00105.0092.83
Good and Very Good69.0079.0074.00
Poor, Fair, and About Good69.0069.0069.00

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1889 Morgan Dollar. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1889-S Dollar (Regular Strike)50.00285.00300.0065,000.00
1889 Dollar (Regular Strike)30.0072.0075.0037,500.00
1889-CC Dollar (Regular Strike)550.0024,000.0030,000.001,000,000.00
1889-O Dollar (Regular Strike)39.00290.00300.0052,500.00
1889 Dollar (Proof)N/AN/A2,200.0050,000.00
1889 Dollar VAM 5A Pitted Reverse (Regular Strike)60.00105.00120.00675.00
1889 Dollar, PL (Regular Strike)N/AN/A100.003,500.00
1889 Dollar, DMPL (Regular Strike)N/AN/A160.0013,500.00
1889 Dollar VAM 19A Bar Wing (Regular Strike)54.00118.00120.002,750.00
1889 Dollar VAM 18 Doubled Ear (Regular Strike)70.0088.0090.004,400.00
1889-CC Dollar, PL (Regular Strike)N/AN/A32,500.00425,000.00
1889-CC Dollar, DMPL (Regular Strike)N/AN/A36,000.00300,000.00
1889 Dollar VAM 22 Bar Wing (Regular Strike)54.00118.00120.002,500.00
1889-O Dollar, PL (Regular Strike)N/AN/A450.0027,500.00
1889-O Dollar, DMPL (Regular Strike)N/AN/A475.0095,000.00
1889-O Dollar VAM 6 Doubled Date (Regular Strike)69.00300.00325.003,250.00
1889-O Dollar VAM 1A Clashed E (Regular Strike)164.001,100.002,000.005,500.00
1889-S Dollar, PL (Regular Strike)N/AN/A425.0016,500.00
1889-S Dollar, DMPL (Regular Strike)N/AN/A550.0057,500.00
1889 Dollar, CAM (Proof)N/AN/A2,700.0080,000.00
1889 Dollar, DCAM (Proof)N/AN/A4,500.0057,500.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1889-O Dollar Vam 2 Oval O (Regular Strike) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:
1m 6m 1y 3y All

$47.00

Lowest Sale Price
$411.00

Highest Sale Price
$222.43

Average Sale Price
$240.00

Most Recent Sale Price
7

Number of Sales
$1,557.00

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-631,080.001,080.001,080.00
MS-62350.00646.00476.00
MS-61384.00384.00384.00
AU-5847.00411.00222.43
AU-5589.00105.0097.67
AU-5369.00134.00108.00
AU-5058.00141.0099.50
XF-4536.0084.0069.50
XF-40167.00167.00167.00
VF-3566.00159.00106.67
VF-2530.0030.0030.00
F-1229.0029.0029.00

The chart shows the min and max prices for the 1889-O Dollar VAM 2 Oval O (Regular Strike) coin across various grades from F-12 to MS-63. The prices generally increase as the grade improves, with MS-63 having the highest max price $1,080.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1889-O Dollar VAM 2 Oval O (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1889-O Dollar VAM 2 Oval O (Regular Strike) coin. Heritage Auctions dominates with 60.00% share, followed by Stack's Bowers / David Lawrence RC with 20.00% / 20.00% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1889-O Dollar VAM 2 Oval O (Regular Strike) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
MS-63PCGSHeritage Auctions1,080.0012/26/2023
AU-55ANACSHeritage Auctions89.0012/04/2023
VF-35PCGSHeritage Auctions159.0006/26/2023
MS-61NGCStack's Bowers384.0006/16/2023
AU-58NGCHeritage Auctions240.0003/06/2023
AU-53PCGSHeritage Auctions121.0009/19/2022
AU-53PCGSHeritage Auctions134.0009/19/2022
AU-58NGCStack's Bowers312.0003/23/2022
XF-45ANACSHeritage Auctions84.0003/21/2022
AU-58PCGSHeritage Auctions312.0003/09/2022
MS-62ICGStack's Bowers432.0011/30/2021
AU-55ANACSStack's Bowers105.0010/27/2021
XF-45PCGSHeritage Auctions79.0002/12/2020
AU-58NGCDavid Lawrence RC47.0009/08/2019
MS-62NGCDavid Lawrence RC350.0009/08/2019
AU-50NGCDavid Lawrence RC58.0006/03/2018
VF-35PCGSDavid Lawrence RC95.0002/12/2018
AU-50PCGSDavid Lawrence RC141.0012/04/2017
VF-25PCGSStack's Bowers30.0012/07/2016
AU-58NGCHeritage Auctions129.2505/31/2016
AU-55NGCHeritage Auctions99.0005/31/2016
AU-53NGCHeritage Auctions69.0004/05/2015
MS-62PCGSHeritage Auctions646.0012/05/2013
XF-45ANACSHeritage Auctions36.0007/11/2013
AU-58PCGSHeritage Auctions411.0007/11/2013
VF-35PCGSHeritage Auctions66.0006/10/2013
XF-40PCGSHeritage Auctions167.0007/23/2012
AU-58PCGSStack's Bowers105.7507/01/2012
XF-45PCGSHeritage Auctions79.0010/13/2011
F-12PCGSDavid Lawrence RC29.0004/02/2007