The worth of an 1889 Morgan silver dollar struck at the Philadelphia Mint is influenced by several key factors, including its condition, rarity, and the prevailing market demand. The absence of a mint mark indicates that the coin was produced at the Philadelphia Mint. Understanding these elements is crucial for accurately assessing its monetary worth.
The 1889 Philadelphia Mint Morgan dollar holds significance both for its historical context and its potential numismatic value. Its place in the broader series of Morgan silver dollars, coupled with its relative scarcity in higher grades, contributes to its desirability among collectors. Furthermore, economic factors such as silver prices can impact its inherent metal value.