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. The 1885 Morgan silver dollar is valuable in the low grades, considering it is an old coin. They typically cost $25 to $50, but top-notch pieces in the mint state can reach $200. Preserve your 1885 Morgan silver dollar value, by careful handling and storage. Because of their large size, silver dollars can receive and inflict nicks and scuffs.
1797 George Washington $1 Gold Dollar Coin Value (Errors List, “D”, “S” & “P” Mint Mark Worth)
No merging of individual leaves, wear is confined to just upper edges. Leaves in the wreath have fine edges and small contoured designs, forming high and low areas. All parts of the leaves are without any dulling and smooth spots. On the reverse under the ribbon tying the wreath, look for the “D” mintmark of the Denver 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.
Morgan Silver Dollars for Sale
Rare highly-preserved coins are expensive and collectible nowadays, and only serious collectors can afford some scarce pieces. Placing yourself in the eye of a collector, both examples are the same date, mintmark, and grade. Looking closely at the chest of the eagle, on the second coin a noticeable deep mark is clearly visible. Marks of this type are the deciding factor in eye appeal to collectors. Recognizing coins with outstanding aesthetics separates bullion from collector quality. These areas are prone to wear and can help you determine the coin‘s grade.
Silver Dollar Coin Value (Errors List, “CC”, “O”, “S” & No Mint Mark Worth)
The main reason for this is that proof coins are meant to be perfect examples of their corresponding types. Since each proof coin is minted in a small quantity, it will have less variation than its base or circulation issues. Therefore, if you have a scarce proof coin, you can be sure that it is an exceptional specimen that has not been tampered with. If you enjoy coin collecting for investment purposes, it can also be a financially rewarding hobby. Over time, some rare coins and coins made of pricey metals like gold and silver have generated better returns than any other kind of investment. Because of this, it’s crucial to evaluate the coin’s value before investing.
Where to Sell Your 1885 Silver dollar ?
With 17,787,000 produced Morgan silver dollars, Philadelphia had the highest mintage in 1885. Despite that, even pieces in good condition are valuable, and you should set aside about $30 for one. Coins in the mint state have different prices depending on the preservation level.
- For the obverse; focus on the hair above the forehead, wear presents there first.
- Michael’s dedication, expertise, and passion for American history define his numismatic career.
- They typically cost $25 to $50, but top-notch pieces in the mint state can reach $200.
- Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type.
- A complete date run of San Francisco variety dollars is a popular sub-collection.
- Look close to confirm original mint luster and texture remains.
Neck feathers are now smooth in the center from head to chest. Legs of the eagle are also smooth with only slight details to sides of legs. Flatness is on tops of feathers and little evidence of merging is noted. Cotton leaves are smooth along the edges but are well defined from the cap. Tips of both wings on a mint state coin are rounded in profile with no flat spots, especially towards the ends.
The 1880 CC silver dollar 8 over high 7 variation with the third reverse is worth around $250 in very fine condition. In uncirculated condition the price is around $800 for coins with an MS 60 grade. The 1880 CC silver dollar 8 over 7 variation with the second reverse is worth around $250 in very fine condition.
As a coin collector and expert, I‘ve always been fascinated by the 1885 Morgan silver dollar. This classic American coin, with its rich history and stunning design, has captured the hearts of numismatists for generations. Morgan silver dollars, including those struck in 1885, have the reputation of being perfectly struck. As such, there aren’t many Morgan silver dollar errors in circulation. Mint 1885 silver dollars may show signs of bag marks and other minor contact marks but the brilliant luster and detail will be intact throughout the coin.
Because these coins are over a century old, their value is largely determined by their condition. Furthermore, proof and error coins are typically more valuable, with auction records reaching $100,000. Both of the imaged coins are Extremely Fine grade, the technical amount of wear to the surface. Differences in the appearance and eye appeal are now judged. Many collectors favor the soft grey-tan toning over the dark, mottled colors of the second dollar. Aesthetics now determine marketability of the dark coin, often lessening its appeal.
On the reverse, under the bow a “S” mark confirms the San Francisco mint struck the coin. With a mintage of only 228,000, the 1855-CC silver dollar is considered the rarest Morgan after the 1903-O silver dollar. Lady Liberty’s left-facing portrait wearing a Phrygian cap features prominently on the obverse of the 1885 silver dollar. Learning about the features of the 1885 silver dollar can help you quickly determine if your coin might be valuable.
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The Morgan dollar’s design underwent two rapid changes its first year, before arriving at the appearance that it would bear for the rest of the series. All the changes happened on the reverse of the coin that was minted in Philadelphia. As a result, the 1885-O https://forex-reviews.org/shakepay/ Morgan dollars is one of the most common Morgan dollars in Mint State, and is THE most common uncirculated New Orleans Morgan dollar. Michael Davidson brings over three decades of experience in buying, selling, and appraising rare United States coins.
The 1880 silver dollar series has several different variations, and each variation is valued differently. Most of these varitations involve numbers minted over other numbers. For example there is the 80 over 79 variation where the number number 80 is minted over the number 79. Another example is 8 over high 7, where the number 8 is minted over a high 7. This is different then the 8 over low 7, where the 8 is minted over a lower 7 where it’s easier to see the 7. The flat breast of the first and second reverse designs made the coins look softly struck even with full strikes.
MS 65 Uncirculated condition- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable. The coin has luster, but there may be a few stains, abrasions, or surface marks. The TF Rev. of 78 (7 tail feathers, reverse https://forex-review.net/ of 1878) is the second, and most plentiful, of the four major varieties of 1878 Morgans struck in Philadelphia. This stopgap measure resulted in the tips of the longest of the eight tail feathers showing beneath the new image of seven tail feathers.
One of the most critical factors in determining the value of an 1885 Morgan silver dollar is its condition, as assessed by the coin grading scale. This scale, which ranges from Poor (P-1) to Perfect Uncirculated (MS-70), takes into account factors such as wear, luster, strikes, and overall eye appeal. The Philadelphia blackbull markets review Mint, the nation‘s primary mint, produced the lion‘s share of 1885 Morgan silver dollars, with a mintage of 17,787,000 coins. Mint system, Philadelphia was known for its consistent quality and high output. These coins were poorly stored in bags at the minting facility, resulting in many acquiring bag marks.
