A few years ago, owner of Atlanta Gold and Coin Buyers made the local news after helping assist Atlanta Police with identifying fake Silver Dollars circulating the Atlanta area. The numismatic value (what the coin is worth to collectors) of this coin is to a certain extent determined by where it was minted. It's edge is Reeded, and the coins are composed of 90.0% Silver & 10.0% Copper. Secrets of the Rare Coin & Bullion Business. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding. Good: Noticeable, heavy wear has reduced the entire design to just a few elements. For Uncirculated (MS-65) coins minted in Philadelphia, the value jumps dramatically to. We recommend that you consider one of these tools; especially in lieu of dropping the coin on a hard surface in an attempt to listen for the distinct sound of silver.
This coin has a total mass of 26.73 g, a diameter of 1.5 in, and a thickness of 2.4 mm.
While its possible to have a fake Morgan silver dollar that weighs out correctly, the other specifications, such as the diameter and thickness, will likely be wider and thicker than an authentic silver dollar. Recently the US mint produced the 100 year Anniversary Morgan and Peace Silver Dollar coins which were a highly sought after coin upon release. The five mints that produced Morgan silver dollars from 1878 1921 are the Denver (D) mint, the San Francisco (S) mint, the New Orleans (O) mint, the Carson City (CC) mint and the Philadelphia mint. You can find only 70 1881 proof Morgan silver dollars graded at PR 60 CAM. (Price Chart), How Much is a 1888 Morgan Silver Dollar Worth? Some tools have been developed in recent years that allow you to listen for an enduring ring sound without damaging the coin. Worth over $17.19 In the center of the obverse face is a large profile bust portrait of Liberty. Morgan dollars were minted consecutively from 1878 to 1904 and again in 1921 by the United States Mint. Another commonly counterfeited Morgan silver dollar is the 1893-s dollar. Uncirculated (MS-65) coins from San Francisco are valued at, , and those from New Orleans are worth as much as, Because of the rarity of Carson City minted coins and the low production numbers for this location in 1881, the values for most grades with this mint mark are higher than the others. Something went wrong. Just be sure to cherrypick for strike and surface quality. It was the Bland-Allison act, passed in 1878, that revitalized the use of silver in coinage by requiring the U.S. Treasury Department to coin between two and four million dollars worth of silver each month. Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth.
Share the information on this page with a friend. The mint mark for these coins is found under the base of the wreath, below the eagles tail on the reverse. This 1881 dollar is not only uncirculated but its bright original luster is free of contact marks. You will receive a link to create a new password. It is the worst grade a coin can get.
While some of the replicas are fairly high quality, a 10x triple magnifier will help to identify nuances between counterfeit stamped mint marks and authentic mint marks. This product is not sold individually. 13 stars circle the coin adjacent to the lettering. Error message here! Obverse: Portrait of Liberty centered. Concierge Service.Transparent Pricing.Guaranteed Rates. MS-65 and 66 pieces are not uncommon. Four mins produced 27,927,000 Morgan silver dollars in 1881, including those from: You can check the mint mark below the wreath on the coin reverse side. Many collectors prefer these pieces since they look fantastic but are less expensive. Shipping Dealers Only. Not all rulers or tape measures allow you to measure in millimeters. Eye Appeal Matters A Lot For High Grades: Finding a Mint State 1881 Morgan dollar is an easy task no matter the grade you prefer. (Price Chart), 15 Most Valuable State Quarter Errors Worth Money, 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money, 19 Most Valuable Morgan Dollars Worth Money, 16 Most Valuable Modern Quarters Worth Money, 15 Most Valuable Kennedy Half Dollar Worth Money, 15 Most Valuable Indian Head Penny Worth Money, Nine 1881 proof Morgan silver dollars graded PR 67 CAM, Three 1881 proof Morgan silver dollars graded MS 67+, One 1881 proof Morgan silver dollar graded MS 68, One 1881 proof Morgan silver dollar graded MS 69. For example, Carson City silver dollars were only produced from 1878 1885 and then again in 1889, 1891, 1892 & 1893. 0,00 Please enter your email address. With today's silver price theses old silver dollars are worth a nice minimum value. The eagle's wings are spread out and it too is glancing to the left. In this condition your 1881 Morgan silver dollar value is tied to bullion silver price. Rising silver prices, increasing demand from both collectors and rare coin dealers requires a second look at your old coins. George T. Morgan, an engraver at the U.S. Mint, designed both faces for the Morgan silver dollar, though the details of his reverse design caused much. This coin in poor condition is still worth $15.4 more than the intrinsic value from silver content of $14.6, this coin is thus more valuable to a collector than to a silver bug. Not only is Atlanta Gold & Coin Buyers an expert on Morgan silver dollars, but we also deal in many other types of silver coins and bullion. porcelain figurine Prices listed are for MS-65 certified. Please note that the following guidelines also apply to the highly popular Peace dollar.
Starting with its condition, 1881 silver dollars that have worn surfaces are available to collectors in quantities. As an Amazon Associate, I earn from qualifying purchases. in Morgans reverse design having been worked out by the fourth year of minting. The list of better-graded coins is short and includes: An average 1881 proof Morgan silver dollar will cost you $3,329, but uncirculated, high-graded pieces are worth much more. This represents peace and war, as the United States is capable of both. Because of the rarity of Carson City minted coins and the low production numbers for this location in 1881, the values for most grades with this mint mark are higher than the others. Those who closely follow the major VAM (Leroy C. Van Allen and A. George Mallis) varieties may disagree that 1881 was a relatively quiet year for Morgan Silver Dollars, but for most collectors, that year represents few challenges for many who are assembling a date-and-mintmark run of the series. Front (Obverse): Profile view of Lady Liberty looking to the left. 
Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. Your coin must not show any signs of wear and retain the look of brand new, often with natural toning that occurs to silver coins. Hide Catalog Details
Oftentimes the fake coins arent detected until after the buyer protection policy rights have lapsed, which means you could potentially end up with a near worthless coin on which you spent hundreds, if not thousands of dollars. Even Good graded coins are worth. Four mints produced Morgan silver dollars in 1881, including Philadelphia, San Francisco, New Orleans, and Carson City. This is a labor of love you might say, so it is resource intensive and slow. Folds in the cap also show small amounts of rubbing with a tiny loss of roundness. Copyright 1995-2022 eBay Inc. All Rights Reserved. Click here to see the most valuable coins ever minted. Near the rim is a ring of stars, and the along the rim is a series of bumps known as denticles. The actual value can be more or less than this depending on factors including eye appeal and market timing. Before we delve into our conversation, we thought it would be helpful to provide you some basic background and historical information on Morgan silver dollars.
Troy ounces weigh about 2 grams more than the standard ounce. 0,00 Coins worth more to a collectors may be a better long term investment. Keep in mind that the silver this coin contains is worth $18.45, so you can still sell it for $11.55 more than that, although you have one in poor condition. For example, a counterfeiter may begin with an authentic Morgan silver dollar, such as an 1894-s coin, and attempt to remove the S mintmark on the coin to make it a key date coin. An easy way to detect if your coins is fake is to check to see if its magnetic. Copyright 2022 CDN Publishing, LLC. lladro figurine The prices listed in our database are intended to be used as an indication only. Therefore, you can find a decent number of mint state coins on the market. Providing for safe handling, preserving of value and organizing your box of old coins. spanish porcelain If the metal prices drop you will still have a coin that a numismatic would want to buy. Hide Another factor to consider is that the metal content of most fake Morgans differs from the 90% silver and 10% copper composition of authentic Morgan dollars. The words "E Pluribus Unum" that translates to "Out of Many, One" referring to the many states that make the country the United States. Atlanta Gold & Coin Buyers11555 Medlock Bridge Rd Ste 100Duluth, GA 30097(404) 236-9744Email Us, Junk Silver Coins at Atlanta Gold & Coin Buyers New Inventory, South African Gold Krugerrands New Inventory at Atlanta Gold & Coin, 100 year Anniversary Morgan and Peace Silver Dollar. Nowadays, these coins value depends on their survival rate, condition, and certification. Examine and judge your coin carefully, it could easily meet the desires of collectors placing your 1881 Morgan silver dollar value above the $100 mark. All previous pieces sold in the 21st century reached prices above $12,000. A common practice of counterfeiters is to place the silver dollars in 20 coin plastic sheets that are four coins wide by five coins long. These represent the original 13 colonies. Notes: MS-65 1881 P Morgan Silver Dollars have sold for as much as $850 in recent years, this price is not the average however. A silver dollar with extensive wear is designated as "good" condition. The best graded, MS 66 1881 O Morgan silver dollar of 5,708,000 minted reached an auction record of $39,950. Its also possible, on occasion, to determine if the silver dollar is a counterfeit based on the year of the coin; besides the known years that Morgan silver dollars were produced. The mintmark on fake silver dollars isnt always located in the correct location. Many finer strands of hair have worn to the point of combining into larger flattened areas. Above her head is the motto E PLURIBUS UNUM, and below her head is the year of mintage. Please note that authentic Morgans may weigh slightly less than the standard specs if they have been in circulation and have some wear, but the largest discrepancy youre likely to see is half of a gram, and this would be for a fairly worn coin. Current silver melt value* for a 1883 CC Morgan Silver Dollar is $14.6 and this price is based off the current silver spot price of $18.87 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. Precious metals, such as gold, silver, platinum and palladium arent magnetic, so if your coin is attracted to a strong magnet, such as an earth magnet, then you can be sure that its fake. Recommendations on basic supplies that greatly improve coin storage. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. When you include Cameo presence, this dollar is rare, particularly in the mint state. Date by DateIn Depth Morgan Silver Dollar Value1878 to 1921, Morgan Silver Dollar Values | Popular and Valuable. Copyright Stacks-Bowers Numismatics, LLC 2016. .
CDN Publishing is not responsible for typographical or database-related errors.
If you know that the silver spot price per 1 troy ounce (31.1) on September 15, 2021, is $23.81, you can quickly calculate that the melt value for this coin is $18.42. An acceptable amount of wear is distributed evenly across its surface. Proof examples of Morgan Dollars from all years, including 1881, are rare which makes them expensive. All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC. Thanks to a significant number of 9,163,000 Morgan silver dollars produced in Philadelphia in 1881, this coin is pretty common nowadays. A series of simple but elegant silver coins minted from 1878 to 1904 and then again in 1921, the Morgan silver dollar is one of the most iconic and widely collected specimens in the history of U.S. coinage.
each because of silver content alone. Every collector admires these large silver coins, every collector wants one. View cart for details. From the early Bust and Seated Liberty Dollars to Morgan and Peace silver dollars. You can check out that video HERE. The coin you will receive is the one you see in the photographs. (Price Chart), How Much is a 1929 Buffalo Nickel Worth? Wear to the surface removes the delicate texture of original mint luster leaving these areas dull. The location of the mintmark on the reverse side of the Morgan silver dollar will help you to identify if your coin is authentic. Expectedly, PLs and DMPLs are much scarcer and are extremely rare in MS65 or better grades. In many cases, there are no active sight-unseen buy offers, so CDN looks to the recent lowest market values for such an item. Along the upper two-thirds of the rim is the legend UNITED STATES OF AMERICA, and along the bottom is the denomination ONE DOLLAR. Below the eagle is a wreath, and above is the motto In God We Trust.. Enter your e-mail and subscribe to our newsletter. If your silver dollar was minted at the small branch mint in Carson City you have one of the rare coins of 1881.
Morgan Silver Dollar value and much of the popularity of CC-mint silver dollars came to be in the 1970s, when the General Services Administration (GSA) sold off a large hoard of Carson City silver dollars. The most valuable Morgan Silver Dollar's. This price does not reference any standard Calipers can be purchased online or at most home improvement stores. Most collectors prefer finding such a piece without signs of wear. Both 1881 dollars pictured represent coins of collector quality and solid value. Lustrous, sharply struck coins with superior eye appeal are hard to find and pose a challenge for the collector.
, passed in 1878, that revitalized the use of silver in coinage by requiring the U.S. Treasury Department to coin between two and four million dollars worth of silver each month. Follow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted "Uncirculated" condition, to a very worn example in "Good" condition. You can find some of them in decent condition for less than $30. Bluesheet (NGC & PCGS) prices represent the highest sight-unseen offers to buy on dealer networks like CDN Exchange.