USA Coin Book Estimated Value of 1885 Morgan Silver Dollar is Worth $28 in Average Condition and can be Worth $53 to $187 or more in Uncirculated (MS+) Mint Condition.
What was the year of the Morgan silver dollar?
For Morgan Silver Dollar collectors, 1885 was a quiet year – there are no major attributed die varieties, and only the Carson City issue, as usual for the Morgan Dollar series, presents any significant challenge.
What makes a Morgan silver dollar extremely fine?
Extremely Fine: Slight wear of design limited to only the tops of the highest points, defines the “extremely fine” grade. Any loss of detail is minor with the merging of just a few strands of hair found above Liberty’s forehead and below her cap. Folds in the cap also show small amounts of rubbing with a tiny loss of roundness.
What’s the value of a Morgan silver dollar?
Morgan silver dollars, as a series, are highly popular with collectors today. These now very old silver dollars are large in size, striking in design, available and represent good value with many reasonably priced. By determining your 1885 dollar is in acceptable condition and with original surfaces identifies collector quality with solid interest.
When did the first silver dollar come out?
Silver Dollars are no longer an integral aspect of American currency, but for many years they were. These coins were first introduced back in the late 1700s and were almost immediately a hit amongst people who did business in larger dollar amounts. Keep in mind, that back in the 18 th and 19 th centuries, a single Dollar was a lot of money.
What makes a Morgan silver dollar a circulated coin?
A third reverse has a doubled tail feathers with a set of seven tail feathers over a set of tail feathers. A fourth reverse has seven tail feathers with a slightly tilted fletching on the top arrow. If your coin is worn and looks similar to the one illustrated in the link below, it is considered a circulated coin.
When did they start grading Morgan silver dollars?
However, when the mint resurrected the Morgan design in 1921, they had to re-create the master coin hub used to create working coin dies. The changes to the new coin dies were so minor that they are barely noticeable. Therefore, all United States Morgan silver dollars can be graded using the following standards.
Is the 1878 Morgan silver dollar a rare coin?
As such, these coins are frequently counterfeit or altered from common Morgan dollars. Therefore, before you start celebrating your new found fortune, have the coin authenticated by a reputable coin dealer or third party grading service . Although not extremely rare, the 1878 Morgan silver dollar was minted with four different reverse dies.
