The 1880 S silver dollar is worth around $45 in very fine condition. Uncirculated coins with a grade of MS 65 can sell for around $250. The 1880 O silver dollar is worth around $45 in very fine condition. In uncirculated condition the price is around $180 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $11,500.

A published writer, Steven’s coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. 96 distinct date-and-mint combinations created more than 600 million Morgan dollars, and hundreds of millions were eventually destroyed. However, a large mass of Morgan dollars kept accumulating in Treasury warehouses as well as regional and centralised bank vaults. But as it ended up, almost none went into circulation at the time.

The degree of wear (hopefully none at all) is a little hard to gauge but is one step that needs attention. Following the lead of collectors, examine the condition of your 1885 dollar closely. As you compare your coin to the images, a close match of its condition becomes apparent. This process determines the “grade” and using the above chart identifies an accurate value of your 1885 silver dollar. Any silver dollar showing signs of a past cleaning runs the risk of being avoided and ignored by discerning collectors. Once cleaned, Morgan dollars lose approval to a large segment of potential collectors.

However, as every coin is unique, there is no established rule of thumb for this. In certain circumstances, the mint mark may raise the value, while in other circumstances, a no-mint-mark mistake may coinsmart review do so. You can see Lady Liberty on the Morgan silver dollar obverse surrounded by the DATE and saying E PLURIBUS UNUM. The most expensive Morgan minted this year also came from the Carson City mint.

Now that you know the value of your coins, do you know where to sell those coins online easily? Don’t worry, I’ve compiled a list of these sites, including their introduction, pros, and cons. Assistant chief coin engraver, George Morgan, began drafting designs for the new silver coin in 1876, and by March of 1878, the coin’s production was already underway. At the suggestion of his friend, Morgan used Anna Willess Williams, a teacher of Philosophy, as the model on the coin’s obverse. MS 65 Uncirculated condition- There is strong luster and eye appeal.

NGC Price Guide

His lifelong passion for numismatics has shaped an impressive portfolio, spanning multiple eras and continents. Celebrated not just for his collection, John is appreciated for his knowledge-sharing, greatly influencing the coin collecting community. Interestingly, most of these coins were not released into circulation and remained in the Treasury stockpile until the 1960s, when the remaining examples were released en masse.

Over a century old 1885 Morgan silver dollars are highly collectible and often pricey. Even those in the worst condition cost something, thanks to the silver content. While pieces in an MS 67 grade minted in other mints cost several thousand dollars, the price of those with the S mint mark is estimated at $45,000 to $54,000.

The flat breast of the first and second reverse designs made the coins look softly struck even with full strikes. The second big change was to the fletching of the topmost arrow in the eagle’s talons. The edge of the top feather now slants up from the front to the back.

In uncirculated condition the price is around $1,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $2,500. The 1880 silver dollar with no mint mark 80/79 variation is worth around $250 in very fine condition. In uncirculated condition the price is around $1,500 for coins with an MS 60 grade. The 1880 silver dollar with no mint mark is worth around $45 in very fine condition. In uncirculated condition the price is around $70 for coins with an MS 60 grade.

O Morgan Silver Dollar Value

That year, only 903 proof silver dollars were struck, making examples extremely rare and valuable. Values for these proof coins range from $1,250 to $40,000, but cameo and deep cameo examples can fetch as much as $51,000 and $75,000, respectively. As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver.

1. The Sherman Silver Purchase Act of 1890 increased the amount of silver the Treasury could buy, but a stock market crisis caused the Act to be repealed in 1893.
2. It was decided that the New Orleans Mint had nothing better to do, so it was ordered to make Morgan dollars.
3. In uncirculated condition the price is around $500 for coins with an MS 60 grade.
4. As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value.

Uncirculated coins with a grade of MS 65 can sell for around $500. The 1885 silver dollar with no mint mark is worth around $45 in very fine condition. Uncirculated coins with a grade of MS 65 can sell for around $245.

Value of 1885 Silver Morgan Dollar

Because of their large size, silver dollars can receive and inflict nicks and scuffs. For your top condition and value coins, a range of appropriate holders are found at an area coin dealer. The fxprimus legit cardboard and mylar “flips” the dealer uses in the display cases are suitable for many of your coins. Easy to use and inexpensive they are a good solution to safe storage and preserving value.

It is far scarcer than the 9.7 million “7 tail feathers” version released later the same year. The TF Morgan dollar can be found without much trouble, up to MS65. NGC and PCGS censuses show a combined total of just over 1,200 MS65, 105 MS66, twelve MS66+, two MS67, and a lone MS68 graded by PCGS. Here is a value chart for all of the 1878 silver dollar varieties. Price charts for the individual coins can be found in each section below. There are a number of reasons why Morgan Silver Dollars are so popular.

It was decided that the New Orleans Mint had nothing better to do, so it was ordered to make Morgan dollars. Morgan silver dollars, including those struck in 1885, have the reputation of being perfectly struck. fxpcm As such, there aren’t many Morgan silver dollar errors in circulation. Morgan silver dollars were not needed for circulation; they were mainly struck as a subsidy to support the silver industry.

As such, large quantities of these coins sat in bags at the Treasury vaults, most released in the 1960s. You might be glad to discover that the 1885 silver dollar is worth more than face value. Today there is a wide range of common to rare coin values found in your box of old coins. From your old pennies to gold coins, all US coin series are covered. Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins. Preserve your 1885 Morgan silver dollar value, by careful handling and storage.

Examples in mint states will fetch more, with one graded MS65 bringing as much as $1,400, while an MS68 specimen is worth up to $130,000. This highly collectible coin can be a good investment whether you want to sell or buy a piece. The words UNITED STATES OF AMERICA occupy the upper half of the coin’s inner rim on the reverse while the denomination, ONE DOLLAR, appears along the rim at the bottom. The reverse features an intricate design depicting an eagle with wings spread out wide. The school teacher Anna Willess Williams secretly posed for assistant chief engraver George Morgan for the coin’s design. The gold rush of the 1850s to 1860s led to the discovery of large silver deposits in the West.