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Coin Value Investor 1885 Morgan Silver Dollar Giveaway

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Enter the “Coin Value Investor 1885 Morgan Silver Dollar Giveaway” for a chance to win an 1885 Morgan Silver Dollar!

No, you are not seeing things!

We are giving away one of the most popular rare coins on earth!

Entry Dates: 10/16/2020 to 12/31/2020

How to enter: Follow and/or Like us on Facebook at www.facebook.com/CoinValueInvestor.

Prize: 1885 Morgan Silver Dollar (valued at $100)

Sponsor: Coin Value Investor LLC. and their immediate family members are not allowed to enter.

Eligibility: Must be 18 years of age or older and a legal resident of the United States.

Drawing: A random drawing will be held on or around 1/1/2021 from all eligible entries.

Winner List: For the winner’s name (i.e. list of winners), please visit our Facebook page after the contest has ended or email us at info@coinvalueinvestor.com

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Good luck all!

1936 Buffalo Nickel – Value, Mint Types, and Investment Outlook

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1936 buffalo nickel

The 1936 Buffalo Nickel was one of the final versions of the coin to be minted, produced towards the end of a 25-year run that started in 1913. Part of a famous collection that includes a number of coins that sell for startling prices, what does the 1936 range have to offer in that regard?

Related: 1928 Buffalo Nickel

Here’s everything you could possibly need to know about the 1936 Buffalo Nickel, from the different minting types, to a brief buyer’s guide.

1936 Buffalo Nickel: Mint Types 

As with the majority of Buffalo nickels, the 1936 coins were produced in three different cities across the US. You’ll be able to identify the origin thanks to a small mint mark, although some coins bear no mark whatsoever. We’ve come up with a guide to each coin, found below.

 

1936 Buffalo Nickel

1936 Buffalo Nickel Value

The first 1936 Buffalo nickel we’ll be looking at was produced in Philadelphia. Phillie tended to be where the majority of coins were produced in the US, which is a tradition that is still followed today. 118,997,000 were produced in total, eclipsing the others by a significant margin. 

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Since 1980, all coins minted there have the “P” mintmark, but the same isn’t so for the majority of older coins. Instead, there’s no usually no mark to be found, so it’s easy to tell the difference. However, the 1936 Buffalo nickel is an exception, with a P marked on the coin. The mint mark is found on the reverse, under the buffalo.

 

1936-D Buffalo Nickel

1936 D Buffalo Nickel 

With just over 24,814,000 coins produced in Denver, it’s a fraction of the amount seen above. However, it’s still a significant number of coins, and many have made it into the present day unscathed. The 1936-D Buffalo nickel is abundant, but uncirculated versions are worth a fair amount.

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You’ll be able to identify this coin thanks to a D mint mark which is found on the reverse, under the buffalo.

 

1936-S Buffalo Nickel

1936-S Buffalo Nickel

As the smallest mint of the three, San Francisco saw 14,930,000 1936 Buffalo nickels produced, which is still a reasonably large number. 

Similarly to the others, you can identify this coin thanks to an S mintmark which is found on the reverse, under the buffalo. A total of almost 15m means that it’s not particularly rare in 2020, especially compared to other Buffalo nickels produced in the 1920s.

 

1936 Buffalo Nickel: Values

1936 Buffalo Nickel Values

In truth, there’s little to separate the 1936 Buffalo nickels in terms of value. An unminted version is worth roughly $27, a D is worth $35, and the S should go for $37. Those are the prices for uncirculated coins that have been graded professionally. 

The trouble is, they were produced in such high numbers that there’s little to set the greatest coins apart, even if they’re as shiny as the day they were first minted. There are a number of valuable coins from the set, such as;

1913-S Type 2 

1916/16 (doubled die variety) 

1918-D 8 over 7 (doubled die variety) 

1921-S 

1924-S 

1926-S 

1937-D Three-legged Buffalo

1936 Buffalo Nickel No Mint Mark

These are some of the rarest you’ll find, and you’ll see that there’s a distinct lack of options from ‘36.

As with any vintage item, we’d stick with graded options to eliminate the many fakes and counterfeits that have swamped the market in recent years. This is especially true for high ticket items, so be wary if a price seems too good to be true. It probably is. 

 

1936 Buffalo Nickel: Information 

1936 buffalo nickel no mint mark

The 1936 Buffalo nickel is also known as the ‘Indian Head Nickel’, for obvious reasons. It shows a Native American on the front of the coin, next to a small inscription of the word ‘liberty’. It was designed by sculptor James Earle Fraser, with a mix of 75% copper, and 25% nickel.

Coming to the end of the 25-year run, the Buffalo nickel was replaced by the Jefferson nickel in 1938. The latter is still in use today.

 

1936 Buffalo Nickel: Buyers Guide & Investment Outlook 

Investment Rating: Strong Buy (4 out of 5) 

Ownership Disclosure: X

Best 1936 Buffalo Nickel: 1936-S Buffalo Nickel

Buffalo nickels are some of the more popular coins that are frequently collected, with a strong design and more affordable prices than you might expect. However, of the 61 coins produced from 1913 to 1938, the ‘36 releases are some of the cheapest overall.

This is great news for collectors, as it means that you’ll be able to pick up the full set of 1936 Buffalo nickels for next to nothing. Even uncirculated coins are pretty cheap, so it’s one of the better entry-level sets if you’re just starting out with the hobby.

1928 Buffalo Nickel – Value, Mint Types, Information and Buyers Guide

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1928 Buffalo Nickel

The 1928 Buffalo Nickel is a stunning coin, with a trio of versions to look out for. It’s not prohibitively expensive, but the best versions are worth a decent amount as the coin heads towards its centenary year.

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Here’s everything you need to know about the 1928 Buffalo Nickel, from identifying the different types to specific values and a buyer’s guide. 

1928 Buffalo Nickel: Mint Types 

The three different versions are due to the locations in which the coins were minted back in 1928. Three cities were tasked with production, so we’ll discuss each one in detail below.

 

1928 Buffalo Nickel

1928 Buffalo Nickel 

As with many US coins, the majority were produced in Philadelphia. 23,411,000 were made in total in 1928, so this unminted coin is by far the most plentiful. The two mints below placed their mintmark on the reverse below the buffalo. This means that you’ll be able to tell the difference by looking out for a lack of a mintmark.

Over 23m is a large amount, and that has led to an abundance of 1928 Buffalo nickels in the present day.

 

1928 D Buffalo Nickel  

1928 D Buffalo Nickel 

With 6,436,000 in total, the 1928 D tally makes up just over 25% of the coins produced in Philadelphia. These were made in Denver, which is how they came to have the D designation. 

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You’ll find a small D mintmark inscribed into on the reverse below the buffalo. Given the smaller numbers produced, they’re considerably rarer than the unminted coin found above.

 

1928 S Buffalo Nickel 

1928 S Buffalo Nickel

Last, but by no means least, there’s the 1928 S Buffalo Nickel. 6,936,000 were produced in San Francisco, which is a similar amount to Denver. In a running theme, you’ll see a small S mintmark inscribed into on the reverse below the image of a buffalo.

Over 500,000 more coins were made compared to Denver, but that hasn’t had a significant impact on the overall values. In fact, the S is worth up to four times as much, making it the most expensive of the trio.

 

1928 Buffalo Nickel: Values

1928 Buffalo Nickel Values

On the whole, 1936 Buffalo nickels aren’t worth much, unless you’re looking at uncirculated copies. For example, the D nickel is worth roughly $100 if it’s still as shiny as the day it was produced, while the San Fran version has a sell price of $370. The radiating silver white luster is easy to identify.

Despite being produced in high numbers, the majority have been lost or destroyed over time. As a soft metal coin, they weren’t the most durable to begin with, so it’ll be slightly more valuable if it still has a legible mint mark.

More valuable versions of the Buffalo nickel include;

1913-S Type 2 

1916/16 (doubled die variety) 

1918-D 8 over 7 (doubled die variety) 

1921-S 

1924-S 

1926-S 

1937-D Three-legged Buffalo

As you can see, there are more popular options from the 1920s, and the majority come from San Francisco. Given the values, there are a number of counterfeits on the market at any given time, so we’d advise sticking with graded versions whenever possible.

 

1928 Buffalo Nickel: Information 

The 1928 Buffalo nickel is also known as the ‘Indian Head Nickel’, for obvious reasons. It shows a Native American on the front of the coin, next to a small inscription of the word ‘liberty’. It was designed by sculptor James Earle Fraser, with a mix of 75% copper, and 25% nickel.

You can tell he knew what he was doing, creating a timeless coin that is seen as an iconic piece of American history. Indian Head or Buffalo Nickels were produced between 1913-1938, so this is a great release midway through the run.

There are no known common errors for the 1928 Buffalo nickel, so if a coin looks strange, it’s probably been worn away or wasn’t minted properly in the first place.

 

1928 Buffalo Nickel: Buyers Guide  

Investment Rating: Strong Buy (5 out of 5) 

Ownership Disclosure: X

Best 1928 Buffalo Nickel: 1928 S Buffalo Nickel

The 1928 Buffalo nickel is a great entry-level piece, with three coins that are a great Kickstarter for any collection. The very best versions have to be seen to be believed, and look like they could have been minted yesterday. 

Given the age, it’s clear that this coin is hard to find in great condition, and the S version rules the roost. We’d advise you to pick up the best versions possible if you’re buying the coins purely for investment purposes.

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The S is already beginning to pull away from the Denver coin in terms of overall values, as it’s certainly the pick of the bunch.

Overall, the ‘28 Buffalo nickel has a strong design, and it’s part of one of the more popular sets for coin collectors and hobbyists. It’s hard to find many flaws, aside from production numbers being slightly higher than some of the others from the decade.

1923 Peace Dollar – Value, Mint Types, Information, and Investment Outlook

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1923 Peace Dollar

The 1923 Peace Dollar is one of the most popular silver coins ever produced by the United States and a staple for investors and hobbyists alike. The coin represents a significant time period in not only American history, but world history and its relatively large production numbers mean that it’s a realistic buy for all different levels of collectors.

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The peace dollar would be minted from 1921-1928 and then once again from 1934-1935. It originally got its name because of the desire to find a way to pay tribute to the end of World War I and the peace that accompanied it.

For coin investors and casual collectors alike, the 1923 Peace Dollar remains a popular option with plenty of demand. With the 100th anniversary of this coin approaching fast, collectors may want to add this item to their collection before the excitement grows around the centennial.

On one side of the coin, we see the head of Lady Liberty as she looks towards the left side of the coin. Perched on her head is a crown of rays that pay homage to the Statue of Liberty, while above that an inscription displaying the word “Liberty” has been etched to follow the top of the coin. Below the head of Lady Liberty, we have the words “In God We Trust” etched right above the year of production.

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The other side of the coin has an American bald eagle, holding an olive branch that symbolizes the peace of this time period, which is at an angle that is supposed to represent the promise of peace in a new world.

This design is very patriotic and that may be one of the factors that has kept it in such high standing with collectors for such a long time. The combination of the American bald eagle with the Lady Liberty creates a coin that is appealing to look at and creates a rush of American pride.

 

1923 Silver Peace Dollar Types

1923 Silver Peace

There are three types of 1923 Silver Peace Dollars produced and they are easily told apart as long as the wear and tear on the coin is not too drastic. There were three different mints where this type of coin was produced, and each mint has a unique mark that lets collectors know in which city it was made.

 

1923 Silver Peace Dollar (D)

1923 Silver Peace Dollar (D)

The 1923 Silver Dollar marked with the letter “D” as the mint mark was made at the Denver national mint. Denver was the location with the smallest production numbers when compared to the other two.

There were around 6,811,000 1923 Silver Peace Dollars produced at the Denver mint which makes this the mint that produced the lowest quantity.

 

1923 Silver Peace Dollar (S)

1923 Silver Peace Dollar (S)

Look at your 1923 Silver Peace Dollar and find an “S” in the mint mark spot and you can be sure that your coin was produced at the mint in San Francisco. San Francisco produced significantly more coins than the Denver mint but still quite a few less than Philadelphia. In total, there were around 19,020,000 coins produced at this west coast mint.

 

1923 Silver Dollar

1923 Silver Dollar

The third and final variation of this coin has no mint mark at all, and this means that it was manufactured in Philadelphia. This mint was where the largest quantity of 1923 Silver Peace Dollars was created as the total number is estimated to be around 30,000,000. However, that number does include coins that would have been melted, destroyed, or never released, therefore the number of coins that were really released should be smaller and the original number should be used as an approximate.

 

1923 Silver Peace Dollar Values

1923 Silver Peace Dollar Values

The first factor that will affect the value of your 1923 Silver Peace Dollar would be the mint at which it was made. A small mint mark will help the collector identify which mint the coin was produced at and help accomplish the first step towards determining the value of your coin.

1923 Silver Peace Dollar (D)

1923 Silver Peace Dollar (S)

1923 Silver Peace Dollar

The value of your 1923 Silver Peace Dollar will not only depend on the mint at which your coin was made but also the condition of the coin. Given the old age of these coins, ones that hit the market can often show the wear and tear that one-hundred years of existence can have on a coin.

Depending on the beating that your coin has taken on its journey over the last century it will affect the grade that your investment will receive when submitted to a coin-grading company. Considering that the price will vary depending on the grade received, it’s important to make sure that you take good care of your 1923 Silver Peace Dollar to ensure that it will be as valuable as possible.

 

1923 Silver Peace Dollar Information History

1923 Silver Peace Dollar

When it came time to find a design for the Peace Dollar that would commemorate the beginning of a new dawn, the question of who would design it was a big one. Since the coin was made to represent such a significant moment in history, it was decided that the production would be large enough that the coin would not go out of circulation quickly. This coin was not going to be a flash in the pan but rather from the start was planned as to be a significant piece of memorabilia that would have lasting power and influence.

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Thus, with the pressure of the coin being produced in large numbers as well as being culturally significant, it was a big deal who would get the chance to create the design and there were eight sculptors who were invited to submit designs with the reward of $1500 to the winner as an added incentive.

Anthony de Francisci was the youngest of all the competitors and lacked the coin designing experience that some of his peers had. Due to a lack of time, de Francisci had to use his wife as the model for Lady Liberty but the decision would work out well as evident by the legacy of the coin.

The selection committee obviously did a good job as de Francisci’s design helped propel the coin to the iconic status it holds today.

 

1923 Silver Peace Dollar Investment Outlook

While this coin was widely manufactured and thus will never have the extreme rarity that pushes it to ridiculous prices, it’s enough of an icon that it will always be worth more than the sum of its parts and is a good buy.

Any coin that can remain relevant one hundred years after production is worth a good look at for any investor interested in the world of coins. This coin is worth much more than just the 90% silver it contains, instead it’s a classic piece of American history that is a great option for those looking to start a coin collection or for more experienced collectors.

Being worth more than the melt value is a good sign that should always have investors excited. These coins fill a role as they fulfill that condition yet aren’t selling for a ridiculous price that would make them inaccessible to a majority of collectors.

1916 Mercury Dime – Value, Mint Types, Information and Buyers Guide

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1916 Mercury Dime

Over a century old, the 1916 Mercury dime is one of the more valuable coins you could potentially find down the back of your couch. Originally named the Winged Liberty, the dimes are 90% silver.

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Depending on the mint mark, they could be worth a small fortune at auction, and that includes beaten up coins that have clearly seen better years. 

Here’s a rundown of the types, values, and everything else you need to know about the 1916 Mercury dime, along with a buyer’s guide at the bottom.

 

1916 Dime: Mint Types 

1916 dime mint types

After a 25-year period, 1916 saw the end of the old Barber dime series and the introduction of Mercury dimes. It makes it especially popular with coin collectors.

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There is a trio of 1916 Mercury dimes to watch out for. Each was minted in a separate location in the US and was also given a mint mark to distinguish exactly where it came from.

As you’ll see below, the location is the key to price, mainly due to scarcity in the present day. We’ll begin with the unminted version, which is also the least scarce coin overall.

 

1916 Mercury Dime 

1916 Mercury Dime

With 22,180,000 of these coins produced in 1916, the version of the Mercury dime with no mint mark is especially plentiful. These were made in Philadelphia, and you’ll be able to tell by checking out the back. Unlike the others, it’s pretty affordable, although it’s worth more than its weight in silver.

 

1916 D Mercury Dime 

1916 D Mercury Dime

The 1916-D Mercury dime struck at the Denver Mint, is the key date of the series, with a mintage of 264,000 pieces. You can check the version as it is identified by a “D” mintmark found on the reverse. It’s by far the most valuable of the trio, purely due to rarity. Over 250k might sound like a lot, but that was back in 1916, and that’s before accounting for all of the coins that were lost or destroyed along the way. 

(For example, the 264,000 pieces could have been pressed in a single day with multiple machines, so they held back for a reason, which is unclear almost 100 years later.) 

It’s one of the more important dimes for collectors and can sell for up to five figures when found in better condition.

 

1916 S Mercury Dime

1916 S Mercury Dime 

San Francisco used an “S” mintmark which is also found on the reverse, and 10,450,000 were made back in 1916. It’s nowhere near as rare as the Denver version, but it does offer a good mix of affordability and rarity compared to the others.

A report from 1916 noted that San Francisco dimes were lower in quality compared to the others, with many weakly struck in the lower band of the fasces, as well as displaying the weakness at the center horizontal bands. This has also helped prices to rise in recent years.

 

1916 Dime: Values

1916 dime value

Aside from the mint mark and the amount produced, the condition of the coin is the main factor when deciding on the overall value. For example, the D Mercury Dime in certified mint state (MS+) condition can fetch as much as $41,000 at auction. Even scuffed versions can earn a decent price, and it vastly exceeds either the S or the unminted coin. 

In comparison, the S in certified mint state (MS+) condition is worth roughly $500 at auction.

 

1916 Dime: Information 

1916 mercury dime no mint mark

The US Treasury Department held a competition to select a winning motif for the 1916 dime. Designs by German-born sculptor Adolph A. Weinman were selected for the dime and the half dollar.

The first of its type back in 1916, the Mint took the time to discuss how they’d come up with the features of the coin;

“The design of the dime is simple. Liberty with a winged cap is shown on the obverse and on the reverse is a design of a bundle of rods, and a battle-ax, symbolic of unity, ‘Wherein Lies the Nation’s Strength.”

Many of the coins weren’t struck especially well, leading to fewer numbers in the present day. 

It’s not to be confused with the Barber dime, which was also released in 1916 and comes in two versions, depending on where it was minted. They’re worth between $400-$500 in certified mint state (MS+) condition, and can easily be distinguished from the 1916 Winged Liberty as they have a completely different design.

 

1916 Dime: Buyers Guide  

Investment Rating: Strong Buy (5 out of 5) 

Ownership Disclosure: None

Best 1916 Dime: 1916-D Mercury

As you can see from the numbers shown above, both the Philadelphia and San Francisco Mints coined fairly large quantities of the new dimes during the final months of 1916. In comparison, the Denver tally likely represents a day’s work, and it’s worth a lot more if you’re hoping to complete the set.

There were also issues with the San Francisco coins, with many produced with clear flaws due to issues concerning the minting process. Armed with that knowledge, it’s easy to understand the different values attributed to the coins in the present day.

Over 100 years on, it’s had a significant impact on prices, and that’s without considering that the coin was the first of its kind to be produced with the new design. It’s an important piece for hobbyists and collectors, and one that should retain value in coming years.

1945 Lincoln Wheat Penny – Value, Mint Types, Information and Buyers Guide

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Buy the 1945 Lincoln Wheat Penny on eBay

1945 Lincoln Wheat Penny

The 1945 Wheat Penny (also known as a Lincoln Penny) is one of a set spanning the years 1909 through 1958. It features an image of the popular president, underneath the motto; ‘In God we trust.’

Abraham Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth.

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On the reverse, you’ll find the denomination in large lettering, along with ‘E pluribus unum’, which means out of many, one.

Here’s everything you need to know about the 1945 Wheat Penny, from the different types available to a buyers guide if you’re planning to start a collection yourself.

1945 Wheat Penny: Information

The ‘45 Wheat Penny is fairly common, and that goes for any grade. Produced during WW2, they used bits of recovered ammunition shells as part of the conservation effort. As such, they’re a real piece of U.S. history, and they are always popular with collectors. 

The shell case penny is made with a 95% copper and 5% zinc mix, instead of the tin which was normally used for coins during the era. Lincoln pennies were produced in three locations: Philadelphia (no mint mark), Denver (D), and San Francisco (S).

 

Here are some basic stats and info about the 1945 Lincoln Penny:

  • 1945 penny (no mintmark, made in Philadelphia) — 1,040,515,000 minted
  • 1945-D penny (made in Denver) — 266,268,000 minted
  • 1945-S penny (produced in San Francisco) — 181,770,000 minted
  • Metal Composition: 95% Copper – 5% Zinc
  • Mass / Weight: 3.11 grams

 

1945 Wheat Penny: Mint Types

1945 Wheat Penny

There are three 1945 Wheat Penny types, deriving from the area in which they were produced. We’ve made a note of the separate circulations below, but it’s worth noting that many have been lost or destroyed over time.

All three share the same design as described above, but there is a way to tell the difference between each one.

 

1945 Penny 

1945 Penny

The base coin was minted in Philadelphia, with 1,040,515,000 made overall. Given the sheer numbers produced, it’s not particularly expensive to purchase, with plenty of pristine versions available. 

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The lack of a mint mark is actually the main identifying feature, separating it from the others. This can be found by checking under the year found on the front of the coin.

 

1945-D Penny

1945-D Penny 

Next up is the 1945-D Penny. This coin is scarcer than the unminted version, but 266,268,000 is still a significant number. They’re fairly cheap, and that includes the best editions on the market.

You can tell the difference thanks to a small watermark found under the date. As you might expect, it’s D for Denver.

 

1945-S Penny

1945-S Penny 

San Francisco is the final version, with the rarest coin of the three. As with the type D, you’ll be able to tell the difference thanks to a small watermark found under the date. This time, there’s an S. As with the others, it’s inexpensive thanks to the high numbers produced in 1945.

 

1945 Wheat Penny Values

1945 Wheat Penny Values

The 1945 Wheat Penny is a great entry-level option if you’re just getting started in the hobby. All of the coins are pretty abundant, with even the San Francisco version being produced in the high millions.

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Any of the coins can be picked up for a low price, ranging from a few cents, to roughly 60 dollars if you want the shiniest, rarest version possible. It’s worth keeping an eye on recent auction prices to get a better understanding of the market, and exactly what a particular coin is worth. 

 

1945 Wheat Penny: Buyers Guide

1945 Wheat Penny Buyers Guide

Investment Rating: Strong Buy (4.5 out of 5) 

Ownership Disclosure: None

Best 1945 Wheat Penny: 1945-S Penny (Uncirculated)

We look to only invest in the highest grade specimens possible (look for PCGS and NGC grades as they are seen as the best overall).

Uncirculated grades are always popular, as it’s not especially difficult to complete the 1945 Wheat Penny series without having to pay an extortionate amount to do so. Much of the attention is placed on more popular editions, such as the 1943 coin, which was produced with steel by mistake. 

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Nonetheless, graded versions of the 1945-S Penny are still a decent investment piece, and slowly continue to rise in price each year. There is a small element of risk because the melt value is so low in comparison to the prices for a good copy, but they’re unlikely to dip significantly in the future.

Their association with the war has helped them to gain popularity, while Lincoln himself is always a popular conversation starter. There are a number of forgeries on the market, so be especially careful when looking at uncirculated grades that are being offered at a price that is too good to be true.

The same goes for damaged coins, which are often passed off as ‘special versions’. 

For more expensive options, look to pennies such as the 1909-S VDB and 1914-D, or one of the Bronze/Steel coins produced from 1943-44.

1885 Morgan Silver Dollar – Value, Mint Types, Photos, and Buyers Guide

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1885 Morgan Silver Dollar

Buy the 1885 Morgan Silver Dollar on eBay

The 1885 Morgan Silver Dollar is a highly collectible item, which is worth its weight in silver (and one of our favorite coins of all-time here at Coin Value Investor). That’s true in a literal sense, as even the worst copy is still worth a decent amount when looking at the value of the raw materials.

As the first standard silver dollar minted since the passage of the Coinage Act of 1873, it’s seen as one of the more important options from the 19th century, while there are four different types to look out for.

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First minted in 1794 in Philadelphia, you’ll be able to tell the difference between each type by looking out for a mintmark at the base of the reverse. 

We’ve come up with a list containing everything you could possibly need to know about the 1885 Morgan Silver Dollar, including a buyers guide and pricing info

 

1885 Morgan Silver Dollar Types

There are four 1885 Morgan Silver Dollar types, relating to the city in which it was minted.

The front has an image of Lady Liberty, with the U.S. motto; ‘E Pluribus Unum’ found at the top. The year of release is found at the bottom. Meanwhile, the reverse has an eagle, a wreath, the denomination, and a small mintmark, if applicable.

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Of course, much will depend on both the grade and the condition, having a major impact on the overall price and value. We’ll start off with the most plentiful version, hailing from Philadelphia.

 

1885 O Morgan Silver Dollar (buy on eBay)

1885 O Morgan Silver Dollar

The 1885 Silver O is from New Orleans. As you may have guessed, it has an O mint mark on the reverse. They were produced in significant numbers, with a total of 9,185,000 altogether

 

1885 Morgan Silver Dollar No Mint Mark (buy on eBay) 

With 17,787,000 1885 Morgan Silver Dollars minted in Philadelphia, it’s by far the least rare. Unlike the others, it has no mint mark at the base, so it’s easy to identify. (It can usually be found on the reverse side of the coin below the wreath.)

 

1885 CC Morgan Silver Dollar (buy on eBay)

1885 CC Morgan Silver Dollar

Next up is the Carson City issue, which is by far the rarest and most valuable overall. It’s clear to see why, as only 228,000 were originally minted, which is a tiny fraction compared to the others. 

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There’s a small CC located on this 1885 Morgan Silver Dollar, and it’s the most difficult to find if you’d like the complete set.

 

1885 S Morgan Silver Dollar (buy on eBay)

1885 S Morgan Silver Dollar

Lastly, The 1885 S stands for San Francisco. A rarer option, just 1,497,000 were produced that year. This has led to a slightly higher price compared to both the Philadelphia and New Orleans coins, but even uncirculated versions are reasonably affordable.

 

1885 Morgan Silver Dollar Values

  • 1885 Morgan Silver Dollar: $39 (extremely fine) or $41 (uncirculated)
  • 1885 CC Morgan Silver Dollar: $570 (ef) or $590 (uc)
  • 1885 O Morgan Silver Dollar: $39 (ef) or $41 (uc)
  • 1885 S Morgan Silver Dollar: $63 (ef) or $110 (uc)

Please note the above values are based on the 2021 Red Book 74th Edition.

 

1885 Morgan Silver Dollar FAQ

Here are answers to some of the more common questions relating to the 1885 Morgan Silver Dollar. Let us know if you have any questions that we haven’t covered.

Q: Which is the most valuable 1885 Morgan Silver Dollar? 

A: The 1985 Morgan Dollar Carson City (CC) Mint is the most expensive.

 

Q: Which is the least valuable 1885 Morgan Silver Dollar? 

A: The 1885 Morgan Dollar is the least valuable at $41 uncirculated.

 

Q: How many 1885 Morgan Silver Dollars were printed?

A: It depends on which version you’re looking at, but there were 28,697,000 minted altogether. Of course, many have been melted down or destroyed over the years.

 

Q: What is the composition of the 1885 Morgan Silver Dollar?

A: 90% silver, 10% copper.

 

Q: What is the weight of the 1885 Morgan Silver Dollar?

A: 26.73 grams.

 

Q: Why are 1885 Morgan Silver Dollars so expensive?

A: Despite being produced in high numbers, the Pittman Act of 1918 led to the melting of more than 270 million Morgan Silver Dollars, which effectively means far fewer exist today than are reflected in the mintage figures discussed above.

 

Q: How can you tell if a coin is ‘uncirculated’?

A: An uncirculated version of the 1885 Morgan Silver Dollar will show no signs of wear, and will still look as though it’s brand new.

 

Q: Are there any special varieties of the 1885 Morgan Silver Dollar?

A: No, the CC is seen as the rarest option, and there are no special die varieties.

 

1885 Silver Dollar Buyers Guide & Investment Outlook

  • Investment Rating: Strong Buy (4.7 out of 5)
  • Ownership Disclosure: One (1) 1885 Morgan Dollar (CC), Two (2) 1885 Morgan Dollar (O), One (1) 1885 CC Morgan Silver Dollar
  • Best 1985 Morgan Silver Dollar: 1885 CC Morgan Silver Dollar We look to only invest in the highest grade specimens possible (look for PCGS and NGC grades as they are the best).

Silver is always going to be a valuable commodity, while the coins are well over a century old. Currency does well from an investment perspective, while the CC version is more expensive than many of the Morgan Silver Dollars that came before.

It’s currently worth more than the melt value, which is always a good sign. Once again, we’d stick with the best possible versions if you’re aiming for the largest ROI.

They are pricey when compared to other coins, but their incredible rarity in the age of encapsulated coins makes them a good investment.