1885 Morgan Silver Dollar Coin Value Errors List, «CC», «O», «S» & No Mint Mark Worth

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 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.

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.

Silver Dollar Value by Mint Mark and Grade

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. While those in circulated condition typically cost under $200, rare coins in the mint state always reach significant sums. These coins were poorly stored in bags at the minting facility, resulting in many acquiring bag marks.

New Orleans Mint (O)

1. In 1889, the Treasury Department reversed course, and coinage resumed.
2. The mid- to late 50s saw relatively large numbers come out of hiding from government vaults.
3. The minuscule mintage of the 1885-CC Morgan dollar, combined with their being made in Carson City, keeps demand and prices high.
4. The 1885 silver dollar has a reeded edge, while the inner rim features decorative ridges throughout the coin’s diameter.
5. All Morgan silver dollars produced from 1878 to 1904, particularly those minted in the 19th century, are highly collectible and desirable among collectors nowadays.

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 i tested bollinger bands trading strategy 100 times estimated that approximately 5 million 1885-O Morgan dollars out of the 9.1 million mintage survive today..

S Morgan Dollar AU-53 NGC

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 What is cardano coin and uniqueness, plus they are an excellent investment because of their silver content and stable value.

The top coin in the image remains bright silver as minted and never saw circulation. In this ad, Bason listed circulated 1885-CC Morgan Dollars for sale for $14.90. The 1885 Morgan silver dollar is a fascinating and valuable piece of American numismatic history. By understanding the historical context, grading standards, and market trends, collectors and investors can make informed decisions and build meaningful collections. The New Orleans Mint, which had a storied history dating back to the antebellum period, struck 9,185,000 Morgan silver dollars in 1885. Coins from this southern branch mint often exhibit a distinctive appearance, with softer strikes and more muted luster than their Philadelphia counterparts.

How to Identify 1885 Morgan Silver Dollar?

This legislation required the U.S. 8 considerations when using most active stocks investing lists 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.

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.