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What is the value of an 1879 Morgan silver dollar?

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Quick Answer

A Morgan silver dollar from 1879 is worth between $27.19 to $3,278, as listed in CoinStudy's 2014 price guide. The exact value of the coin depends on its condition and mint mark.

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Full Answer

Coin collectors grade the condition of a coin on a scale of good, fine, extremely fine and uncirculated, with uncirculated coins worth the most. For the year 1879, the most valuable coins carry a mint mark from Carson City, with an uncirculated CC coin valued at $3,278. Uncirculated New Orleans coins are the next most valuable, worth $75.22, followed by $46.99 for coins from Philadelphia and $44.44 for those from San Francisco.

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Related Questions

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    How much is a Morgan silver dollar worth in 2015?

    A:

    Morgan dollar values vary widely, from around $25 to over $55,000 for an 1878 O Morgan, as of 2015. The coin's value depends on its condition as well as the year and location of its minting. Morgans are 90 percent pure silver with their melted value depending on metal prices.

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    What is the significance of a Morgan silver dollar mintage?

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    Morgan silver dollars were minted from 1878 to 1904 and briefly in 1921, when the U.S. government discontinued production of Morgan silver dollars permanently. The dollar coins were first created as a result of the discovery of a large silver mine near Carson City, Nev., that made silver an abundant metal. The Morgan silver dollars are 90 percent silver.

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    How much is an 1885 Morgan silver dollar worth?

    A:

    As of 2014, the minimum value for an 1885 Morgan silver dollar is $27.11, with coins in good condition valued at more than $400. Coins minted in Carson City fetch the highest value, followed by those from New Orleans, San Francisco and Philadelphia.

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    What is an 1889 CC Morgan silver dollar?

    A:

    An 1889 CC Morgan silver dollar is a coin minted from the now defunct Carson City, Nev., mint. During the gold rush, Carson City was the largest discovery of gold and silver discovered in the history of the United States. Because it was difficult to cart the gold and silver to the nearest mint in San Francisco, Congress passed legislation in 1863 to establish a mint in Carson City.

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