First, your coin should weigh about 26.73g, not significantly more or less. Use a pair of callipers to ensure the diameter and thickness are accurate. You should also check for the mint mark location, font size and strike, which tend to be off in fake silver dollars. As a result of the late release, 1885-O silver dollars are widely available in high grade.

The initial silver dollar mintage was never too high because of the limited silver amount in the US Mint’s reserves. 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. It is a very nice 1885 silver dollar, lively and eye appealing, not the washed out look of a cleaned and processed coin.

The minuscule mintage of the 1885-CC Morgan dollar, combined with their being made in Carson City, keeps demand and prices high. Bags of 1885-CC Morgans appeared sporadically from the 1930s until the 1950s. The mid- to late 50s saw relatively large numbers come out of hiding from government vaults. In this article, we will determine the value of the 1885 silver dollar and teach you everything you need to know about this coin. It‘s worth noting that these values are not set in stone and can fluctuate based on market conditions, supply and demand, and other factors.

This specimen was graded PF69 and was auctioned for an astonishing $92,000. Circulated coins, on the other hand, will show unmistakable signs Euro vs.Dollar history of wear on the high points. The details, high points and fields will be smooth on low-grade circulated examples and slightly more visible as you go up the grading scale. Discovering rare mintmarks and high condition all contributes to 1885 Morgan silver dollar value. However this is just a minimum value representing how much a circulated-worn 1885 dollar is worth.

• Millions upon millions of 1885-O Morgan dollars were still sitting in the vaults of the New Orleans Mint when it was shut down in 1909.
• Celebrated not just for his collection, John is appreciated for his knowledge-sharing, greatly influencing the coin collecting community.
• Circulated examples of the 1885-S Morgan dollar are easily found for a bit more money than common date Morgans.
• Since the San Francisco mint struck a modest 1,497,000 Morgan silver dollars in 1885, you can expect high prices, particularly for well-preserved coins.
• Despite these coins being struck more than 130 years ago, circulated examples are still in good shape.

Carson City Mint (CC)

In this article, we explain everything you need to know about the 1885 silver dollar value. We will explore the worth of each variety and discover errors that can increase your coin’s value by hundreds or thousands of dollars. Covering Bust Dollars beginning in 1794 next Seated dollars through Morgan and the last of the Peace silver dollars. All include value charts, alongside grading images to find the accurate value of your old dollars. The market for 1885-S Morgan dollars was sensitive to changes in supply through the 1960s. Today, it is considered a scarce issue, especially in MS65 and above, but not a truly rare mintage.

What is the Value of the 1885 Morgan Silver Dollar?

It was decided that the New Orleans Mint had nothing better to do, so it was ordered to make Morgan dollars. Proof coins are unique coins that represent a limited amount of precious metal. The first proof coins were produced in the United States in the early 1900s to prove the legitimacy of American coinage. Today, numismatists use proof coins as a gauge of quality and condition. There are a number of reasons why Morgan Silver Dollars are so popular. While other silver coins look similar to one another, Morgan Silver Dollars have a distinct look that sets them apart.

History, Information, and Value of 1885 Morgan Dollar

These coins, which were sold in special GSA holders, remain popular with collectors today. Now that we‘ve explored the historical context and importance of grading let‘s take a closer look at the current market value of 1885 Morgan silver dollars. The following table provides a comprehensive overview of prices for various grades and mint marks, based on recent auction results and dealer listings. Many 1885 silver dollars are valuable in circulated and uncirculated condition due to the coin’s silver content. But, proof silver dollars and uncirculated 1885-CC silver dollars cryptocurrency broker canada are the most valuable in the series because of their scarcity.

Value of 1885-CC Silver Morgan Dollar

The average 1885-S Morgan dollar is weakly struck, especially in the middle. Sharply struck, unblemished coins that take advantage of this luster can be found with difficulty, at prices substantially above the average coin. While many are flat in the center, sharply struck examples exist (at a premium).

• This exercise in silver dollar futility was to keep up with the 1878 Bland-Allison Act’s requirement to turn $2 million worth of silver bullion into silver dollars every month.
• Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins.
• Nowadays, the 1885 silver dollar value is high due to the limited number on the market.
• Learning about the features of the 1885 silver dollar can help you quickly determine if your coin might be valuable.
• Known for its high-quality strikes and attractive toning, the 1885-S is a favorite among collectors.
• Circulated coins, on the other hand, will show unmistakable signs of wear on the high points.

Minting year – The US Mint produced Morgans only during the period from 1878 to 1904 and later in 1921. You can be sure your coin is fake if you spot any other year on the obverse. Very fine- About two thirds of Liberty’s hair lines from above her forehead her ear are visible.

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. 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.

You will also notice the mint marks CC( Carlson City), O (New Orlean), and S (San Francisco) just above the D in DOLLAR on the reverse. If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform. The most expensive Morgan minted this year also came from the Carson City mint. This coin in an MS 68+ grade was paid $135,125 at Legend Rare Coin Auctions in 2015. The most expensive proof Morgan struck this year is the https://www.forex-world.net/ one in a PR 69 grade sold in 2011 at Goldberg Auctioneers for an unbelievable $92,000.