Description & Analysis The 9.1 million Morgan dollars minted at the San Francisco Mint in 1879 were of very high quality. Last item 1878-P 7 TF Rev. Details. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Handle them by the edges and storing in areas that are not damp easily eliminates major causes of lowering value. As a rough ballpark figure, you can pay anywhere between $15 and $47,000 for one. Check value charts, identify mintmark locations and judge condition using grading images... all combine to accurately discover the value of your old coins. The coins have a reeded edge. Each Morgan Silver Dollar is struck in 26.73 grams of silver and is 38.1 mm in diameter. 1879 Morgan Silver Dollar Value Today any 1879 Morgan silver dollar value is a minimum of $25.57. Mint state examples are common, but this issue becomes relatively scarce in gem. Top quality is rare and desirable, however less popular are heavily worn 1879 silver dollars, these trade close to silver value. It is believed that 12 Proofs were struck on February 20, 1879 to observe the reopening. $10 Morgan Silver Dollar Roll - Vintage Unopened! From 1878 to 1904, and again in 1921, Morgan Dollars were minted in Philadelphia, San Francisco, New Orleans, Carson City, and Denver. Most pieces are in Mint State and have excellent eye appeal. Worth over $24.90 Click here to Learn How to use Coin Price Charts. Your old coin is heavy with over 3/4 ounce pure silver, forming a high base price. Silver Dollar Values | Charts Covering Years 1794-1935. This 1879 Morgan Silver Dollar was struck at … Today, the coin is the first key or rare variety in the Morgan dollar series and is the second rarest of all Carson City Morgans after 1889-CC. Please see the Grading Guide. Every collector admires these large silver coins, every collector wants one. These old coins are very liquid in the coin collecting market. Her ear still shows, however hair above and behind is smooth and connecting to her cheek. 1879 Morgan Silver Dollar is available on HiBid. 1879-S UNCIRCULATED BU MIRROR MORGAN SILVER DOLLAR 90% SILVER $1 COIN US #TR84 Despite the desirability of Carson City dollars, past cleaning resulted in the coin on the bottom attracting a bid $276. Importantly, even though the two are equal in the amount of wear, prices for each at auction were far from the same. These should still retain ample detail but also display evidence of minor wear. All include value charts, alongside grading images to find the accurate value of your old dollars. Want to join CoinTrackers and Track Your Coins 100% FREE? Reverse Eagle holding arrows and an olive branch, within wreath Drawing mutable bids, the top coin with its natural surfaces sold higher at $920. The 1879 silver dollar value depends so much on both the mint it was struck at – and the condition – that it is difficult to give a finite price for an 1879 silver Morgan dollar. You will receive the exact coin(s) in the photo. The 1879-CC Morgan silver dollars were rare in their own time. Coins are usually well struck on both sides, and show brilliance and luster. Liberty's hair both above and below the ear is noticeably worn, flat spots now replacing the original fine lines. Now add in the popularity of collecting silver dollars and collector demand, with the result, many are worth far above silver value. Morgan was the engraver who became famous for designing many popular coins, including the Morgan dollars. Type: Morgan Silver Dollar Receive the highest price by separating the collectable from the bullion priced pieces. 1879-P High Grade Choice AU/UNC Key Date Morgan US Silver Dollar. Collectors are always searching for silver dollars in top condition, they study closely the amount of wear on silver dollars. In Stock & Shipping! The original separation of Liberty's hair and forehead has worn away. The 1879 Silver dollar was created by George T. Morgan. Morgan dollar coinage: From 1879 through 1883 inclusive, the San Francisco Mint struck only dollars in the silver series. Today any 1879 Morgan silver dollar value is a minimum of $25.81 Toning on Obverse and Reverse. Find the closest condition-grade match to your 1879 dollar using the images. Please resist the feeling, it is not necessary to clean your old coins in an effort to improve their value. Uncirculated: A silver dollar in "uncirculated" condition has never circulated through commerce. . Auction results and prices always favor original and natural over cleaned examples of the same coin. More of the Same 1881 CC Morgan Dollar 1879 S Rev of 1879 (3rd Rev) $1 Morgan Silver Dollar Coin AU About Uncirculated. Judging the condition of your coin is one of the subtle but important parts of placing a value. Coin Values Moving with Precious Metals: Up-Dated 1/4/2021: Gold $1929 | Silver $27.29. 1921 Morgan Silver Dollars The 1921 Morgan Silver Dollar is a popular coin for collectors all over the world. There are always buyers interested in purchasing your coins. of 1879 Morgan Silver Dollar. The coins were struck at Philadelphia, New Orleans, Carson City, Denver and San Francisco Mints. In the late 1850s, the first major silver discovery in the US, the Comstock Lode, nearly ended the California Gold Rush. The 1879 silver dollar was a result of the Bland-Allison Act. Silver dollars, the Morgan and Peace series, are in demand by dealers. From your old pennies to gold coins, all US coin series are covered. Copyright © 2007-2021 Daniel A. HarrisAll Rights Reserved. Includes every year's Morgan Silver Dollar issued at the New Orleans Mint, from 1879-1904, minted in 90% silver. It was an important coin that helped usher in the westward expansion of the United States. When considering a coin for their collection, if it has been cleaned, they pass. Their popularity is immense. Not… cleaning any coin is one of the safest ways of preserving value. Nowadays, though the Morgan Silver Dollar is no … $24.00. In 1878, with the release of the Morgan Silver Dollar, that all changed as this new coin boasted an extravagant design to complement its overall utility. A close up image to help locate mintmarks is further down the page. 1878 - 1904 Coinage Context Mint reopened: The New Orleans Mint, closed in 1861 at the beginning of the Civil War, was reopened in 1879, at which time most production consisted of Morgan silver dollars. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! The Morgan Dollar is a coin of historical significance and considered a work of art. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Item: DM 79-03. You are bidding on the exact coin(s) in the photograph. The 1879-S Morgan Silver Dollars with Reverse of 1879 (SAF) variety is among the most plentiful of Morgan dollars in the 1878-1904 date range. USA Coin Book Estimated Value of 1879-O Morgan Silver Dollar is Worth $38 in Average Condition and can be Worth $106 to $4,297 or more in Uncirculated (MS+) Mint Condition. Morgan Dollars are known as "Silver Cartwheels," because of how light reflects off the surface, when mint state coins are turned. Easily find how much your old coins are worth. Calculate 90% silver value : (25.45 × .0321507466 × 26.73 × .90) = $19.6843138962 $19.6843 is the rounded silver value for the 1878-1921 silver Morgan dollar on January 08, 2021. Discovering rare mintmarks and high condition all contributes to how much your old silver dollar is worth. As with all silver coins of this era, the 1879 Morgan Silver Dollar is composed of 90% silver and 10% copper to comply with the Coinage Act of 1873 which standardized metal content for coins among other things. View this auction and search for other auctions now on the leading online auction platform. 1878-P 7 TF Rev. The 1879 Morgan Silver Dollar was produced in four mints: Carson City, New Orleans, Philadelphia, and San Francisco. of 1879 Morgan Silver DollarNeed help deciding? It always carries a premium value because of very low production, making it the rarest 1879 Morgan Dollar. Expert Advice. Morgan Silver Dollar (1878-1921) Produced for more than 40 years, the Morgan Silver Dollar … Realizing or maintaining the highest value of your old silver dollars is as easy as not doing anything, i.e. AU/Unc - 1879 Morgan Silver Dollar $1 High Grade. Mintmarks are a small but important detail deciding 1879 Morgan silver dollar value. FREE deluxe wooden display box. Any loss of metal due to wear appears on Liberty's temple and coronet within the hair. cleaning. Your old coin is heavy with over 3/4 ounce pure silver, forming a high base price.