- 1878 Morgan Silver Dollar
Coin Info
USA Coin Book Estimated Value of 1880-O Morgan Silver Dollar (Normal Date Variety) is Worth $35 in Average Condition and can be Worth $107 to $27,282 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. Find the current Morgan Dollar values by year, coin varieties, and specific grade. 1880/79-CC Reverse of 1878.
Date Mintage VG8 VF20 EF40 AU55 MS63 MS65. 1880-O 5,305,000 $29 $31 $34 $60 $350 $14,000. Most Valuable Morgan Dollars. Home — Coin ID — Cleaning Coins — Coin Values — Coin Grading — About CH — Forum — Coin Guides — Mint Errors. USA Coin Book Estimated Value of 1880-S Morgan Silver Dollar (Normal Date Variety) is Worth $37 in Average Condition and can be Worth $63 to $199 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. Silver Dollar Varieties Growing in Popularity 1/1/2004 — While there are several United States coin series that can claim to be the most popular with American collectors, I believe the consistent front runner in recent decades has been, and will continue to be, Morgan silver dollars.
The 1878 Morgan Silver Dollar features a likeness of Miss Liberty on the obverse and an American bald eagle on the reverse. While Morgan Silver Dollars are technically called Liberty Head silver dollars, they are more widely known by their namesake designer, George T. Morgan. 1878, the first year of the Morgan Silver Dollar series, features a wide array of varieties, many of which are based on the number of tail feathers seen on the eagle.
The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. The most valuable 1878 Morgan Silver Dollar carries the 'CC' mintmark used by the Carson City Mint. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. The San Francisco Mint used an 'S'. The main mint in Philadelphia did not use a mintmark.
1878 Morgan Silver Dollar Mintage Figures
- 1878, 8 Feathers: 749,500; $40+
- 1878, 7 Feathers: 9,759,300 (all types); values indicated below
- 1878, 7 Over 8 Clear Double Feathers: $35+
- 1878, 7 Feathers 2nd Reverse: $35+
- 1878, 7 Feathers 3rd Reverse: $35+
- 1878 CC: 2,212,000; $150+
- 1878-S: 9,774,000; $35+
- 1878, 8 Feathers Proof: 500; $4,000+
- 1878, 7 Feathers Proof: 250 (all types); values indicated below
- 1878, 7 Feathers, 2nd Reverse Proof: $3,500+
- 1878, 7 Feathers, 3rd Reverse Proof : $16,000+
It is important to remember when evaluating the overall value and scarcity of any 1878 Morgan Silver Dollar that millions of these coins were melted during the early 20th century and again during the silver boom of the late 1970s and early 1980s. Therefore, you cannot assume the currently existing population for a given date is close to its original mintage figure. For, in many cases, the mintage numbers often grossly misrepresent on the positive side the actual current population of 1878 Morgan Silver Dollars.
Other Years From This Coin Series
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Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 | Silver $26.90
1881 Morgan silver dollar value ranges from $25.44 to $27.01 for most circulated examples.
With today's silver price theses old silver dollars are worth a nice minimum value. Also, pay particular attention to your coin's condition, top quality silver dollars are of great interest to collectors.
Without a doubt you have a valuable coin. Now let's accurately find its highest value. Starting with its condition, 1881 silver dollars that have worn surfaces are available to collectors in quantities. Scarce and highly valued are those with no wear or as collectors and dealers term 'uncirculated' condition.
Pictured is a prime collector coin. This 1881 dollar is not only uncirculated but its bright original luster is free of contact marks. Value in the market is above $53.08 .
Looking at the value chart, those in top condition and rare mintmarks stand out. Both judging condition and finding mintmarks is covered in detail below.
Next, turning to Mintmarks, these are small letters found on the coin and used to identify the different mints producing silver dollars in 1881. Of the four mints involved, Carson City struck just a fraction of the total, considered scarce they are highly collectible and valued today.
If your silver dollar was minted at the small branch mint in Carson City you have one of the rare coins of 1881. On the reverse under the knot in the ribbon the different mints placed their mintmark. Carson City used a 'CC' mark, New Orleans an 'O' and San Francisco an 'S' mintmark. If your coin lacks a mintmark it was struck at the main mint in Philadelphia.
1881 Morgan Silver Dollar Values | ||||
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Condition of Coin | ||||
Date | Good | Fine | Extremely Fine | Uncirculated |
1881 Morgan Silver Dollar Values Updated | 2/8/2021 | |||
1881 | $25.44 | $25.44 | $28.24 | $53.08 |
1881 CC | $194 | $232 | $261 | $330 |
1881 O | $27.01 | $27.01 | $29.58 | $51.74 |
1881 S | $25.44 | $25.44 | $28.24 | $51.74 |
Rising Above $100 1881 Morgan Silver Dollar Value
1880 Silver Dollar Value Vf
Two different rare 1881 silver dollars are pictured, both are valued by collectors above $100 and are great examples to add to their collections. Condition and eye appeal of the top coin sets it apart from most 1881 dollars, untouched since minted its lustrous and vibrant toning with mark free surfaces showcase the classic beauty of the Morgan design.
Despite light wear the second 1881 silver dollar commands a value well above $100. Minted at Carson City few are available to collectors, scarcity raises the value. Its majestic size, popularity, and the nice original antique look is not hampered by trace amounts of circulation wear. Absent are distracting bumps or scratches typical of large coins. An acceptable amount of wear is distributed evenly across its surface.
Both 1881 dollars pictured represent coins of collector quality and solid value. Examine and judge your coin carefully, it could easily meet the desires of collectors placing your 1881 Morgan silver dollar value above the $100 mark.
Key to 1881 Silver Dollar Value is Judging Condition
Follow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted 'Uncirculated' condition, to a very worn example in 'Good' condition. By judging the different stages of wear, a 'Grade' is determined. The greater the detail remaining, the greater your 1881 Morgan silver dollar value.
Uncirculated: A silver dollar in the 'uncirculated' grade never saw use in commerce. Your coin must not show any signs of wear and retain the look of brand new, often with natural toning that occurs to silver coins. Look for the first signs of abrasion from wear on the highest part of Liberty's cheek below the eye and the front of her chin. Wear to the surface removes the delicate texture of original mint luster leaving these areas dull.
Extremely Fine: Slight wear of design limited to only the tops of the highest points, defines the 'extremely fine' grade. Loss of detail is minor with the merging of just a few strands of hair found above Liberty's forehead and below her cap. Folds in the cap also show small amounts of rubbing with a tiny loss of roundness. Your coin still retains a pleasing sharpness in appearance.
1880 Silver Dollar Value Guide
Fine: Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to 'fine' condition. Leaves surrounding the cotton blossoms are only outlines lacking inner detail. Many finer strands of hair have worn to the point of combining into larger flattened areas. Your silver dollar gives the impression of wear but not excessive.
Good: Noticeable, heavy wear has reduced the entire design to just a few elements. A silver dollar with extensive wear is designated as 'good' condition. Wear has removed most detail leaving Liberty as an outline in low relief. Remaining are a few and now flattened hair curls showing behind her neck and ear. In this condition your 1881 Morgan silver dollar value is tied to bullion silver price.
Coin Values | CoinStudy Articles
Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921
1878 | 1885 | 1892 | 1899 |
1879 | 1886 | 1893 | 1900 |
1880 | 1887 | 1894 | 1901 |
1881 | 1888 | 1895 | 1902 |
1882 | 1889 | 1896 | 1903 |
1883 | 1890 | 1897 | 1904 |
1884 | 1891 | 1898 | 1921 |
Every collector admires these large silver coins, every collector wants one. Their popularity is immense. Worth over $24.55 each because of silver content alone. Check your coins with the grading images and value charts. Find a rare date, mintmark or a better condition coin and Morgan silver dollar values start climbing.
Check all your Silver Dollar values with the coin value chart, separating the common from the rare. From the early Bust and Seated Liberty Dollars to Morgan and Peace silver dollars. Rising silver prices, increasing demand from both collectors and rare coin dealers requires a second look at your old coins.
★Coin Values Discovery finds... 1881 Morgan Silver Dollar Value and...
It is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncovers 1881 Morgan silver dollar value also all common to rare coin values found in your box of old coins.
Safe Coin Storage | Recommendations
Recommendations on basic supplies that greatly improve coin storage. Providing for safe handling, preserving of value and organizing your box of old coins. Old silver dollars need a certain amount of careful handling to maintain their appeal to collectors. Housing them safely is covered in the Safe Coin Storage article.