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5-11-11>> Assuming the coin is circulated and has no mintmark, the 1897 Morgan dollar is a common date of the series. Most coins show heavy wear. For an accurate assessment of value the coin needs to be seen and graded. In general retail values for low grade coins are $38.00-$39.00, better grade are $40.00-$41.00 and coins showing almost no wear run from $42.00-$44.00. Typical Mint State coins are $49.00-$53.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.

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