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Assuming the coin is circulated and has no mintmark, the 1889 Morgan dollar is considered common. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values as of 2-29-12 for circulated coins are $32.00-$39.00 for low grade, better grade are $40.00-$41.00 and coins showing almost no wear run from $42.00-$44.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.

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Q: Worth of 1889 silver dollar
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