1885 S Morgan Silver Dollar Value APMEX

The auction record won a coin sold at Legend Rare Coin Auctions in 2015 for an incredible $39,950. MS 65 Uncirculated condition- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable. For PCGS, the MS67 population has increased from 39 in November 2007 to 143 on March 29 of this year when we last checked to 164 on October 2, 2024 (with 16 at MS67+ and one at MS68). In typical grades of MTrading MS63 to MS64, the 1885-CC routinely sells for $800 to $1,000. Some coins were released in the 1950s, but the 1885-CC was a tough date before the GSA Sales.

This event, known as the GSA (General Services Administration) Hoard, released a flood of high-quality coins into the market, including many 1885-CC dollars. These coins, which were sold in special GSA holders, remain popular with collectors today. Now that we‘ve explored the historical context and importance of grading let‘s take a closer look at the current market value of 1885 Morgan silver dollars. The following table provides a comprehensive overview of prices for various grades and mint marks, based on recent auction results and dealer listings.

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. If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform. You can see Lady Liberty on the Morgan silver dollar obverse surrounded by the DATE and saying E PLURIBUS UNUM. The most expensive Morgan minted this year also came from the Carson City mint. This coin in an MS 68+ grade was paid $135,125 at Legend Rare Coin Auctions in 2015.

PL Morgan silver dollar value

The copious bag marks prevent these coins from getting a higher grade. This is regrettable, since most of them have sharp strikes very good luster. The minuscule mintage of the 1885-CC Morgan dollar, combined with their being made in Carson City, keeps demand and prices high.

After his death, the hoard was dispersed through auctions and private sales, giving collectors a chance to acquire high-grade examples of this classic coin. Besides coins from the regular strike, the Philadelphia mint produced 930 Morgan silver dollar proofs in 1885. Their price goes from $1,000 to $15,000 on the coin market, but rare pieces in PR 67 grade with cameo contrast are worth up to $25,000. As you can see, the value of an 1885 Morgan silver dollar can vary greatly depending on its condition and mint mark. The 1885-CC, with its low mintage and historical significance, commands the highest prices across all grades. The 1885-S, known for its quality and eye appeal, also fetches a premium, particularly in higher Mint State grades.

• Proof coins with no mint mark are available and they are each valued at around $3,750 in PR 63 condition.
• In uncirculated condition the price is around $70 for coins with an MS 60 grade.
• If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform.
• Uncirculated coins with a grade of MS 65 can sell for around $2,000.

The Value of a 1885 Morgan Dollar

LaVere Redfield, a reclusive millionaire from Reno, Nevada, accumulated over 400,000 silver dollars during his lifetime. After his death in 1974, his hoard was discovered, which included many 1885 Morgan dollars from all four mints. The dispersal of the Redfield Hoard through auctions in the 1970s and 1980s had a significant impact on the market for these coins. When grading 1885 Morgan silver dollars, pay close attention to the high points of the design, such as Liberty‘s cheekbone, hairline, and the eagle‘s breast and wing tips.

NGC Price Guide

Proof coins with no mint mark are available and they are each valued at around $3,750 in PR 63 condition. The US minted the 1885 silver dollar with no mint mark and also the 1885 CC silver dollar, 1885 O silver dollar, limefx and 1885 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath. Covering Bust Dollars beginning in 1794 next Seated dollars through Morgan and the last of the Peace silver dollars.

The 1885 Morgan dollar is your typical common date coin of the series. 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. Now that you know the value of your coins, do you know where to sell those coins online easily?

Illinois Centennial Half Dollar : A Collector’s Guide

Bags of 1885-CC Morgans appeared sporadically from the 1930s until the 1950s. The mid- to late 50s saw relatively large numbers come out of hiding from government vaults. The PCGS top-pop MS68+ census has remained at one coin since at least August 2013. CAC has approved just two coins at MS68 from the other grading services and has graded two coins at MS67. The 1885 silver dollar has a reeded edge, while the inner rim features decorative ridges throughout the coin’s diameter.

Other Years From This Coin Series:

These areas are prone to wear and can help you determine the coin‘s grade. bdswiss forex broker review One of the most critical factors in determining the value of an 1885 Morgan silver dollar is its condition, as assessed by the coin grading scale. This scale, which ranges from Poor (P-1) to Perfect Uncirculated (MS-70), takes into account factors such as wear, luster, strikes, and overall eye appeal. The San Francisco Mint, established during the California Gold Rush, minted 1,497,000 Morgan silver dollars in 1885. Known for its high-quality strikes and attractive toning, the 1885-S is a favorite among collectors. The Philadelphia Mint, the nation‘s primary mint, produced the lion‘s share of 1885 Morgan silver dollars, with a mintage of 17,787,000 coins.