The current worth of a silver dollar minted in 1891 is contingent upon several factors. These include its condition, mint mark, and overall rarity. Uncirculated examples from certain mints may command significantly higher prices than those exhibiting wear or damage. The intrinsic value of the silver content also contributes to its base worth.
Understanding the numismatic value of such a coin requires considering its historical context and the prevailing economic conditions. The Morgan Silver Dollar, minted from 1878 to 1904 and again in 1921, holds a significant place in American coinage history. Its appeal to collectors stems from its silver content, historical significance, and the potential for substantial appreciation in value, particularly for coins in exceptional condition or with low mintage figures.