1885 Silver Dollar Coin Value Rare Errors, O, S, CC and No Mint Mark
Home/Forex Trading / 1885 Silver Dollar Coin Value Rare Errors, O, S, CC and No Mint Mark
1885 Silver Dollar Coin Value Rare Errors, O, S, CC and No Mint Mark

what is the value of a 1885 silver dollar

Strike-through errors are the most common coin error and equally the most desirable as you can identify them with unaided eyes. Please check our grading guides to know your coin scale, It’s the necessary step to know the exact value of your coin. The bird holds arrows and olive branches in its talon, symbolizing readiness to defend the country’s sovereignty and a commitment to peace.

what is the value of a 1885 silver dollar

The 1880 O silver dollar 80 over 79 variation is worth around $55 in very fine condition. In uncirculated condition the price is around $275 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $16,000. One type of coin that you should be aware of is the extremely fine grade.

What makes an 1885 silver dollar valuable?

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 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.

The most expensive proof Morgan struck this year is the one in a PR 69 grade sold in 2011 at Goldberg Auctioneers for an unbelievable $92,000. For instance, you can find those in an MS 60 grade for approximately $50 to $60. On the other hand, those with an MS 68 rating are precious and can cost over $20,000. The auction record won a coin sold at Legend Rare Coin Auctions in 2015 for an incredible $39,950.

what is the value of a 1885 silver dollar

Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. A compromise was reached, and in 1878, the Bland-Allison Act authorized the U.S. Treasury to buy silver bullion worth 2-4 million dollars each month at the prevailing market price.

The inscriptions UNITED STATES OF AMERICA and ONE DOLLAR struck along the rim surround a centrally positioned eagle with spread wings. The motto IN GOD WE TRUST is above its head, while you can see a laurel wreath below its talons holding three arrows and an olive branch. 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. Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. When locked, you will be scrolled directly to this table for all coins.

Morgan Silver Dollars for Sale

The US minted the 1885 silver dollar with no mint mark and also the 1885 CC silver dollar, 1885 O silver dollar, and 1885 S silver dollar. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath activtrades review surrounding. Because they are relatively scarce and in demand, those interested in selling their 1885 Morgans can turn to online coin dealers like eBay. Some collectors have even paid hundreds of dollars for a single coin!

  1. As such, large quantities of these coins sat in bags at the Treasury vaults, most released in the 1960s.
  2. The "Reverse of 1879" 1878 Morgan dollar introduced the standard reverse design that would be used for the rest of the Morgan dollar series.The eagle's breast is now rounded in shape.
  3. The edge of the top feather now slants up from the front to the back.

The New Orleans mint struck an estimated 9 million silver dollars in 1885. Circulated coins, on the other hand, will show unmistakable signs of wear on the high points. The details, high points and fields will be smooth on low-grade circulated examples and slightly more visible plus500 forex review as you go up the grading scale. Mint 1885 silver dollars may show signs of bag marks and other minor contact marks but the brilliant luster and detail will be intact throughout the coin. In this article, we explain everything you need to know about the 1885 silver dollar value.

Now add in the popularity of collecting silver dollars and collector demand, the result, many are worth far above silver value. The 1880 silver dollar series has several different variations, and each variation is valued differently. Most of these varitations involve numbers minted over other numbers. For example there is the 80 over 79 variation where the number number 80 is minted over the number 79.

Another example is 8 over high 7, where the number 8 is minted over a high 7. This is different then the 8 over low 7, where the 8 is minted over a lower 7 where it's easier to see the 7. bitcoin brokers canada The "Reverse of 1879" 1878 Morgan dollar introduced the standard reverse design that would be used for the rest of the Morgan dollar series.The eagle's breast is now rounded in shape.

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This date is common through MS66, due to the millions that spent their entire existence in bank bags. Metal composition – You can hardly notice a difference in silver content with the naked eye. However, you can check your coin’s magnetic characteristics since silver is not a magnetic metal. 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. Lady Liberty’s left-facing portrait wearing a Phrygian cap features prominently on the obverse of the 1885 silver dollar.

Census / Population Reports only reflect the quantities and types of collectibles previously graded by the CCG Companies, and are not an indicator of value or rarity. This Report is provided as a resource for hobbyists’ informational use only and should not be relied upon for the purpose of making a purchase or an investment. The CCG Companies make no representation or warranty concerning the accuracy or reliability of the information contained herein. John Saechao is a respected California-based coin collector, known for his diverse and intricate collection.

They are often referred to as the “investment dollar” because of their high value and metal purity. As a result, the 1885-O Morgan dollars is one of the most common Morgan dollars in Mint State, and is THE most common uncirculated New Orleans Morgan dollar. With a mintage of only 228,000, the 1855-CC silver dollar is considered the rarest Morgan after the 1903-O silver dollar. In 2011, Goldenberg Auctioneers sold what is believed to be the most expensive 1885 proof silver dollar.

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. Most of those uncirculated Morgan dollars ended up in storage vaults at the Philadelphia Mint. The US Treasury vaults in Washington also received many thousands of 1885-O Morgans in the bulk shipments of coins from New Orleans. Finally, a silver shortage stopped production in 1904, and this lovely coin disappeared from use after one more attempt in 1921. Nowadays, the 1885 silver dollar value is high due to the limited number on the market.

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It is a very nice 1885 silver dollar, lively and eye appealing, not the washed out look of a cleaned and processed coin. Proof coins with no mint mark are available and they are each valued at around $3,750 in PR 63 condition. 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.

In uncirculated condition the price is around $850 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $2,000. The 1880 CC silver dollar 80 over 79 variation with the second reverse is worth around $300 in very fine condition.

The 1885 silver dollar has a reeded edge, while the inner rim features decorative ridges throughout the coin’s diameter. Learning about the features of the 1885 silver dollar can help you quickly determine if your coin might be valuable. 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. The coin has luster, but there may be a few stains, abrasions, or surface marks.

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