The 1891 Morgan Silver Dollar is great coin and amongst coins worth money! Let's talk about what your Morgan Silver Dollar may be worth and how to value it.
Mint State coins have always been available on the market, and at low prices, probably indicating that occasional bags were released over a long span of time. A significant dispersal occurred circa 1946-1947, after which roll quantities were held by various dealer specialists. The supply then tightened. Around 1955-1956, some bags were paid out of the Cash Room at the Treasury Department in Washington, and for a time the 1891-O was plentiful, but not common. The supply seems to have dried up to the point at which Uncirculated specimens were scarce by October 1962, when O-Mint coins were released in quantity from storage at the Philadelphia Mint. Harry J. Forman, for one, handled many bags of 1891-O dollars in the early 1960s. Still, the issue was not common in the sense that 1883-O, 1884-O, and 1885-0 dollars were.
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