The 1884 Morgan Silver Dollar is one of several sought after collectible coins that provides immediate value to the collector.
1884 Morgan Silver Dollar Value can range in price from $50.00 in very fine condition to $100.00 in higher-grade condition. There is a difference in Circulated and Un-circulated coin pricing as well as factors that play into its condition. Educating yourself about the conditions and the pricing standards that are set, can give you a general idea of what your coins are worth. There can be some wear on the coin for the grade to be high. Many collectors are willing to teach you the basics of collecting coins.
Choice Un-circulated coins will have the highest value. The coins that have MS63 condition are sought after and difficult to find. The Carson City coin is valued at around $300.00. The San Francisco coin will sell for between $25,000 and $40,000 dollars. This coin must still have its full luster. It should be in mint condition and have no trace of wear whatsoever. It is highly prized among collectors. Un-circulated coins can have some scuff or wear marks but still have attained a high grade. As a collector, you will not begin with high-end coins. As you learn and increase your collection, you will begin to see more rare items. People spend a large portion of their time in making their coin collections perfect.
The Morgan Silver Dollar contains 90% silver and 10% copper. The weight is exactly 0.77344 of silver. Each coin will have an identifying mark on it. This will tell you where the coin was minted. There were a limited number made in Carson City and they carry the “CC” mintmark on the reverse side of the coin. These coins will be sold at higher premiums. Coins that were minted in San Francisco are extremely rare and highly sought after by collectors. They will have an “S” on the backside. Many factors go in to determine what the worth of your coin is.
Take the time to do your research and seek the advice of a well-respected expert to assist you in assessing your 1884 Morgan Silver Dollar Value.