How much is a Morgan 1880 silver dollar worth?
Value of the 1880 Morgan Dollar Average condition 1880 Morgan Dollars are valued somewhere around $28. Uncirculated examples in MS-60 retail for $47. Higher grades of MS-63 see a value of $65 and those in MS-65 see a huge increase to $675. For 1880/79 Morgan Dollars, Uncirculated MS-60 examples bring $100.
How much is a worn Morgan silver dollar worth?
Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices.
Are 1880 silver dollars worth anything?
The 1880 S silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $150.
Will a magnet stick to a Morgan silver dollar?
In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. Precious metals, such as gold, silver, platinum and palladium aren’t magnetic, so if your coin is attracted to a strong magnet, such as an earth magnet, then you can be sure that it’s fake.
What is $500 in 1880 worth today?
$500 in 1880 is worth $13,318.43 today $500 in 1880 is equivalent in purchasing power to about $13,318.43 today, an increase of $12,818.43 over 141 years. The dollar had an average inflation rate of 2.36% per year between 1880 and today, producing a cumulative price increase of 2,563.69%.
What is the condition of a 1880 Morgan silver dollar?
Extremely Fine: As silver dollars begin to show slight wear their condition is graded as extremely fine. Noticeable within the hair above Liberty’s forehead and behind her neck, flattening is evident. Wear and loss of roundness also shows atop the folds of her cap.
Where is the mint mark on a 1880 silver dollar?
The US minted the 1880 silver dollar with no mint mark and also the 1880 CC silver dollar, 1880 O silver dollar, and 1880 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath. The 1880 silver dollar series has several different variations, and each variation is valued differently.
What makes a Morgan silver dollar a fine?
Fine: Moderate wear and moderate loss of detail reduces Morgan silver dollars to the fine grade. Although wear is apparent, major design elements of her cap and hair curls remain bold and recognizable. However those original fine details are lost and replaced by flat areas.
Why was the Morgan silver dollar put in canvas bags?
Largest of US coins, silver dollars when mixed with others are heavy enough to quickly inflict deep marks and cuts onto each other. Unfortunately as part of the minting and storage process these Morgan dollars were placed into canvas bags with 1000 other silver dollars.
How many 1879 Morgan silver dollar were minted?
The silver dollar that was minted in 1879 consists of 5 mints with 6 variations. Each mint represents a different city. The initials are located below the bow on the backside of the coin or under the tail of the bald eagle right. The mintmarks are one of the small details that help decide the value of the 1879 Morgan silver dollar.
What is the value of a 1881 Morgan silver dollar?
1881 Morgan silver dollar value ranges from $15.92 to $16.90 for most circulated examples. With today’s silver price theses old silver dollars are worth a nice minimum value. Also, pay particular attention to your coin’s condition, top quality silver dollars are of great interest to collectors. Nov 18 2019
How big is a Morgan silver dollar?
In order to conform to the Coinage Act of 1837, the Morgan dollar contained ninety percent silver and ten percent copper, measured 38.1 millimetres (1.50 in) in diameter and weighed 412.5 grains (26.73 g).
What is a Morgan silver dollar?
Jump to navigation Jump to search. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, and again in 1921. It was the first standard silver dollar minted since production of the previous design, the Seated Liberty dollar , ceased due to the passage of the Coinage Act of 1873 , which also ended the free coining of silver.
