With a mintage of only 228,000, the 1855-CC silver dollar is considered the rarest Morgan after the 1903-O silver dollar. 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. 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 reverse of the Morgan Dollar has Moneyball an eagle in the center with its wings spread and a wreath surrounding.
Morgan Silver Dollars for Sale
The 1885 silver dollar with no mint mark is worth around $48 in very fine condition. In uncirculated condition the price is around $70 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $225. The 1885 S silver dollar is worth around $55 in very fine condition.
Where to Sell Your 1885 Silver dollar ?
A few light contact marks are present but they are barely noticeable. 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. Assistant chief coin engraver, George Morgan, began drafting designs for the new silver coin in 1876, and by March of 1878, the coin’s production was already underway.
Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy. Now add in the popularity of collecting silver dollars and collector demand, the result, many are worth far above silver value. However this is just a minimum value representing how much a circulated-worn 1885 dollar is worth. 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.
Are 1885 Morgan Silver Dollars Silver?
Many rare and valuable dates and mintmark combinations are found throughout the entire 1878 through 1921 history of Morgan silver dollars. With a minimum value of $27.06 and rising from there, accurately determine how much your rare silver coins are worth. These coins were poorly stored in bags at the minting facility, resulting in many acquiring bag marks. Most 1885-S silver dollars were also highly circulated, making high-grade examples rare. As a result of the late release, 1885-O silver dollars are widely available in high grade.
In this article, we explain everything you need to know about the 1885 silver dollar value. We will explore the worth of each variety and discover errors that can increase your coin’s value by hundreds or thousands of dollars. The coin has luster, but there may be a few stains, abrasions, or surface marks.
John Saechao is a respected California-based coin collector, known for his diverse and intricate collection. His lifelong passion for numismatics has shaped an impressive portfolio, spanning multiple eras and continents. Celebrated not just for his collection, John is appreciated for his knowledge-sharing, greatly influencing the coin collecting community. This highly collectible coin can be a good investment whether you want to sell or buy a piece.
Please check our grading guides to know your coin scale, It’s the necessary step to know the exact value of your coin. The words UNITED STATES OF AMERICA occupy the upper half of the coin’s inner rim on the reverse while the denomination, ONE DOLLAR, appears along the rim at the bottom. The motto E PLURIBUS UNUM appears at the top around the coin’s rim while the date, 1885, is imprinted at the bottom. The school teacher Anna Willess Williams secretly posed for assistant chief engraver George Morgan for the coin’s design.
Covering Bust Dollars beginning in 1794 next Seated dollars through Morgan and the last of the Peace silver dollars. All include value charts, alongside grading images to find the accurate value of your old dollars. Any silver dollar showing signs of a past cleaning runs the risk of being avoided and ignored by discerning collectors. Once cleaned, Morgan dollars lose approval to a large segment of potential collectors. It is a very nice 1885 silver dollar, lively and eye appealing, not the washed out look of a cleaned and processed coin. Discovering rare mintmarks and high condition all contributes to 1885 Morgan silver dollar value.
The degree of wear (hopefully none at all) is a little hard to gauge but is one step that needs attention. Following the lead of collectors, examine the condition of your 1885 dollar closely. As you compare your coin to the images, a close match of https://forexanalytics.info/ its condition becomes apparent.
- In this article, we explain everything you need to know about the 1885 silver dollar value.
- The motto E PLURIBUS UNUM appears at the top around the coin’s rim while the date, 1885, is imprinted at the bottom.
- You can look for some things to ensure your 1885 silver dollar is real.
- In its circulated condition, an 1885 no-mint mark dollar is worth between $32 and $70.
This process determines the „grade” and using the above chart identifies an accurate value of your 1885 silver dollar. Morgan silver dollars, as a series, are highly popular with collectors today. These now very old silver dollars are large in size, striking in design, available and represent good value with many reasonably priced. The 1885 Morgan silver dollars have value as both numismatic coins and as silver bullion. 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.
Uncirculated coins with a grade of MS 65 can sell for around $1,450. Many 1885 silver dollars are valuable in circulated and uncirculated condition due to the coin’s silver content. But, proof silver dollars and uncirculated 1885-CC silver dollars are the most valuable in the series because of their scarcity. That year, only 930 proof silver dollars were struck, making examples extremely rare and valuable. Values for these proof coins range from $1,375 to $37,500, but cameo and deep cameo examples can fetch as much as $60,000 and $80,000, respectively.
For your top condition and value coins, a range of appropriate holders are found at an area coin dealer. The cardboard and mylar „flips” the dealer uses in the display cases are suitable for many of your coins. Easy to use and inexpensive they are a good solution to safe storage and preserving value. Because of their popularity, Morgan silver dollars are prone to countgerfeiting.
Despite these coins being struck more than 130 years ago, circulated examples are still in good shape. In addition to the regular strike of 1885 silver dollars, the Philadelphia mint produced proof coins specially struck for collectors. In its circulated condition, an 1885 no-mint mark dollar is worth between $32 and $70.