Covering Bust Dollars beginning in 1794 next Seated dollars through Morgan and the last of the Peace silver dollars. All include value charts, alongside grading images to find the accurate value of your old dollars. Now add in the popularity of collecting silver dollars and collector demand, the result, many are worth far above silver value. As a result, the 1885-O Morgan dollars is one of the most common Morgan dollars in Mint State, and is THE most common uncirculated New Orleans Morgan legacyfx forex broker review dollar. Even though large numbers were melted in the 1970s for their silver value, it is estimated that approximately 5 million 1885-O Morgan dollars out of the 9.1 million mintage survive today..
Strike-through errors are the most common coin error and equally the most desirable as you can identify them with unaided eyes. According to Morgan, Anna’s Greek profile was perfect for the new silver coin, but back then, it was considered disgraceful for a woman to pose as a model. The school teacher Anna Willess Williams secretly posed for assistant chief engraver George Morgan for the coin’s design. The gold rush of the 1850s to 1860s led to the discovery of large silver deposits in the West.
This specimen was graded PF69 and was auctioned for an astonishing $92,000. Mint 1885 silver dollars may show signs of bag marks and other minor contact marks but the brilliant luster and detail will be intact throughout the coin. Grading Morgan silver dollars involves examining the high points on the obverse and reverse for signs of wear. Due to the high demand to produce millions of silver dollars, the Treasury engaged the mints in Philadelphia, San Francisco, Carson City, and New Orleans to strike the new Morgan silver dollars. The 1885 Morgan silver dollars have value as both numismatic coins and as silver bullion. 1885-CC Morgan dollars are available up to MS66, priced around $2,000.
Treasury to buy silver bullion worth 2-4 million dollars each month at the prevailing market price. The most pricey is the one in an MS 68 grade sold at Heritage Auctions in 2015 for $37,600. Many Mint State 1885-CCs suffered from storage, and their train ride from Nevada to Washington DC. 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.
They are collectible, thanks to their age and uniqueness, plus they asset pricing and portfolio choice theory are an excellent investment because of their silver content and stable value. The survived 1885 Morgan silver dollars of 9,185,000 produced in New Orleans typically cost $30 to $60, depending on the degree of wear. On the other hand, pieces in the mint state are expensive and cost $55 to $1,175, depending on the preservation level. Today there is a wide range of common to rare coin values found in your box of old coins. From your old pennies to gold coins, all US coin series are covered.
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 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. How to buy cryptopunk 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.
The VAM-4 has a thick dash mark under the 8 and die chips in the CC mint mark. Although 1885-CC Morgan Dollars were struck for circulation, very few were released into commercial channels. Indeed, it’s likely that most if not all of the Carson City Mint’s coin holdings were transferred to either the San Francisco Mint or other Treasury facilities for longterm storage.
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