1885 Silver Dollar Learn the Value of This Coin

what is the value of a 1885 silver dollar

The first two options are for entering an exact count of U.S. 90% silver dollars. You can choose from the Morgan Silver Dollar or the Peace Silver Dollar. As an alternative, you can simply click on the silver dollar picture, or its link, to increase the value in its text box by 1.

Value of 1885 Silver Morgan Dollar

The 1880 CC silver dollar with the third reverse is worth around $225 in very fine condition. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of https://forexbroker-listing.com/fx-choice-broker-review/ MS 65 can sell for around $1,000. Lastly the 1880 S silver dollar 0 over 9 variation is worth around $47 in very fine condition. In uncirculated condition the price is around $100 for coins with an MS 60 grade.

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what is the value of a 1885 silver dollar

Philadelphia continued the trend of no mintmark on its coinage with the Morgan silver dollar series. In the space below the ribbons tying the bow, and just above the “DO” of “Dollar”, no mintmark confirms the Philadelphia https://forex-reviews.org/ mint struck the coin. San Francisco is the only mint that struck coins for circulation every year of the Morgan Dollar series. A complete date run of San Francisco variety dollars is a popular sub-collection.

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Along with a magnifying glass to get in close and recognize finer details separating grades. In the late 19th century, silver played a crucial role in American politics and economics. The “Free Silver” movement advocated for the unlimited coinage of silver to inflate the currency and help farmers and other debtors.

  1. Because these coins are over a century old, their value is largely determined by their condition.
  2. The 1885-S, known for its quality and eye appeal, also fetches a premium, particularly in higher Mint State grades.
  3. Another example is 8 over high 7, where the number 8 is minted over a high 7.
  4. The coin has luster, but there may be a few stains, abrasions, or surface marks.
  5. The value of the coin might, and frequently does, depend on whether a mint mark is present.
  6. The initial silver dollar mintage was never too high because of the limited silver amount in the US Mint’s reserves.

Influential silver miners, looking for an immediate market for their bullion, urged the government to buy silver and produce unlimited coins. But Congress rejected this proposal and omitted silver coins from the authorized legal tender list, leading to a massive protest. However this is just a minimum value representing how much a circulated-worn 1885 dollar is worth. This coin in circulated condition is worth at least its weight in silver. This melt value is calculated from the current silver spot price of $27.29 per ounce.

Known for its high-quality strikes and attractive toning, the 1885-S is a favorite among collectors. Prooflike and Deep proof-like examples are accessible in the open market, with prices ranging from $110 to $5,000. Deep-proof like 1885-O silver dollars will fetch up to $12,500 for a PF67 specimen. In its circulated condition, an 1885 no-mint mark dollar is worth between $32 and $70.

The 1880 CC silver dollar 8 over low 7 variation with the third reverse is worth around $250 in very fine condition. In uncirculated condition kvb forex the price is around $525 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,550.

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