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.
Article Source: http://EzineArticles.com/4575346
Showing posts with label coin collecting. Show all posts
Showing posts with label coin collecting. Show all posts
Monday, April 9, 2012
1879 Morgan Silver Dollar Values
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Thursday, June 10, 2010
Choosing The Right Coins For Your Collection
By: faye bautistaThere are certain specifications that a collector will be looking at for their collection. Those that are new with coin collecting must start at the beginning due to tradition. This is not just flipping the coin which decides the result this can be a last resort. Choose your collection on the basis of your preference or interests.
Coin Collecting based on date or time period. For those coin collectors that see their collections as investment will be preferring coins that will be older than grandfathers. It will be better if the coins are ancient. Besides being centuries in age, there are the revolutionary coins and from history.
If you have decided to collect any kind of coin for as long as it came from different countries worldwide that would be tiring but exciting. And it can cost you a lot. So things would not be exhausting, you could start off by collecting coins of your own country.
If you are a beginner, you would not want to start collecting silver or gold coins for these are the kinds of coins that can bore a hold inside your pocket. Better settle with the lower metal levels first. Not unless money is not a problem. Usually, the concern on what kind of metal to choose belongs to the more professional collector.
By this time you may already have an idea on where to start. As the hour glass makes its due, you will become more interested and selective of the types of coins that fits your album. You will develop areas that you may not find in other collectors.
You have seen an ordinary coin its features would not be different from the old one because typically, new coins are just patterned from old coins. You have to inspect if the writing on the coin is still clear. A coin wherein the smallest details, like feathers or robe folds, are completely worn away is of little value.
Means discoloration or tarnishing, toning can increase the coin's value. Believe it or not, if a blue tone is present on a silver coin, it can be very desirable. Toning has an effect on a coin's details for it can accent its faded features. For as long as the tone of the coin would not turn out uneven, there is no reason to reject it.
If you have been in coin shops that are offering bargain coins, this maybe because it has been into a lot of circulations and the market has already rejected it. You will notice certain kinds of scratches an even scarring that is caused by chemicals. Scratches can be acceptable but scarring is a no-no. Chemical scarring can be related to corrosion, pits, etc. As much as possible, make your coin collections spotless.
Author Resource:-> The author is a freelance writer and also writes about business topics such as call center in the philippines and http://www.blogger.com/%3Ca%20href= title="outsource call center">outsource call center.
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