1879 Morgan Silver Dollar Values

By Don Franko   

In 1879 Morgan Silver Dollars were minted at 4 US mints, many people want to know the values of their 1879 Morgan Silver Dollar. In order to know the value of your Morgan Silver Dollars you need to know a few things first.

The most common Morgan Dollar for this year is from the Philadelphia mint which have no mint mark. Now if it is in exceptional condition, mint state 65 or above it can be worth quite a bit. Look at the high points of the coin like the eagle feathers you want to see a high luster and no signs of wear.
Some facts about the 1879 Morgan Silver Dollar mintage

Circulation strikes: 14,806,000
Proofs: 1,100
Mint mark: none

Next we go to the 1879-S:Unless you have this coin in a brilliant uncirculated condition the value may be at $40 or less. If you think you have this coin in a very high condition mint state 65 get it graded A rare 1879-S has a flat-breasted reverse like early 1878 varieties. This Reverse of 1878 variety is rare in Uncirculated condition, very rare in Proof like.
Some facts about the 1879-S

Circulation strikes: 9,110,000
Mint mark: "S" for San Francisco

Next we look at the 1879-o New Orleans Mostly the same as above most of New Orleans had a weak strike so if have a coin with rich detail that will go for more. If you plan on selling this coin in a high grade then it is best to get it grade by either NGC or PCGS.
Details on the 1879-O

Circulation strikes: 2,887,000
Proofs:12
Mint mark: "O" New Orleans.

Saved The Best for last if your a collector I am sure you know what's coming.
1879 Carson City "CC" Carson City Morgan Silver Dollars are always sought after with good reason less than %2 of all Morgan Dollars came from the famed "CC" mint If you are lucky enough to have this coin get it graded in any condition. One point in mint state can go from hundreds to thousands in the higher mint states. Can be $3,500 to $20,000 or more

Some details on the 1879-CC Circulation strikes: 756,000 "CC" for Carson City under bow on the reverse. The mint mark may be heavily rusted; these are known as the Capped Die variety. On these coins, the mint mark appears to be a large CC over a small CC. Some Collectors do look for these goes for about same price
.
So now you know what some of your coins may be worth, on any coin you want look for signs of wear. You want those crisp details on Silver Dollars you may see a rainbow effect that is known as toning and does not affect the value
.
Condition of your coins is always a factor the better the condition of your coins the more they are generally worth. Remember old coins do not always spell value they are a number of factors you need to take into account.

The market for the coin, is it something people are looking for there are many old coins that dont sell for more the $20 and in strong markets like Silver Dollars you looks at things like the number minted how many survive today and quality.


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