Mint system, Philadelphia was known for its consistent quality and high output. Because of their popularity, Morgan silver dollars are prone to countgerfeiting. You can look for some things to ensure your 1885 silver dollar is real.

proof Morgan silver dollar value

As you compare your coin to the images, a close match of its condition becomes apparent. This process determines the “grade” and using the above chart identifies an accurate value of your 1885 silver dollar. Preserve your 1885 Morgan silver dollar value, by careful handling and storage.

Big Things Happened at the United States Mint in November

This specimen was graded PF69 and was auctioned for an astonishing $92,000. Grading Morgan silver dollars involves examining the high points on the obverse and reverse for signs of wear. Due to the high demand to produce millions of silver dollars, the Treasury engaged the mints in Philadelphia, San Francisco,  Carson City, and New Orleans to strike the new Morgan silver dollars. The 1885 Morgan silver dollars have value as both numismatic coins and convert us dollars to swedish kronor as silver bullion. 1885-CC Morgan dollars are available up to MS66, priced around $2,000. The few higher grade examples fetch prices in line with their rarity.

Pieces struck in 1885 were in a group of early date series with a low mintage, making these beautiful pieces precious for collectors. Elegant, shiny, and heavy Morgan (Liberty Head) silver dollars are unique US coins minted from 1878 to 1904 and later in 1921. They are collectible, thanks to their age and uniqueness, plus they are an excellent investment because of their silver content and stable value.

Other features of the 1885 Morgan silver dollar

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 what to know about cryptocurrency and scams Morgan silver dollar is valuable in the low grades, considering it is an old coin.

Where to Sell Your 1885 Silver dollar ?

1. You can expect between $560 and $785 for 1885-CC circulated silver dollars.
2. On the other hand, those with an MS 68 rating are precious and can cost over $20,000.
3. 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.
4. The 1885-S, known for its quality and eye appeal, also fetches a premium, particularly in higher Mint State grades.

You can expect between $560 and $785 for 1885-CC circulated silver dollars. In its circulated condition, an 1885 no-mint mark dollar is worth between $32 and $70. These coins fetch remote mobile developer jobs more in their mint state, from $75 for a piece graded MS60 to $65,000 for gem-quality specimens graded MS69 and above. Morgan silver dollars are some of the most collectible in the history of United States coinage. These coins are gorgeous, solid, and, more importantly, contain 90% silver, a high-demand precious metal.

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.

Now add in the popularity of collecting silver dollars and collector demand, the result, many are worth far above silver value. 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. Even though large numbers were melted in the 1970s for their silver value, it is estimated that approximately 5 million 1885-O Morgan dollars out of the 9.1 million mintage survive today..

This legislation required the U.S. government to purchase large quantities of silver and mint it into silver dollars, ultimately leading to the creation of the Morgan dollar. Morgan silver dollars, including those struck in 1885, have the reputation of being perfectly struck. As such, there aren’t many Morgan silver dollar errors in circulation. The New Orleans mint struck an estimated 9 million silver dollars in 1885. In 2011, Goldenberg Auctioneers sold what is believed to be the most expensive 1885 proof silver dollar.