Please check our grading guides to know your coin scale, It’s the necessary step to know the exact value of your coin. The words UNITED STATES OF AMERICA occupy the upper half of the coin’s inner rim on the reverse while the denomination, ONE DOLLAR, appears along the rim at the bottom. The motto E PLURIBUS UNUM appears at the top around the coin’s rim while the date, 1885, is imprinted at the bottom. The school teacher Anna Willess Williams secretly posed for assistant chief engraver George Morgan for the coin’s design.
Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins. By determining your 1885 dollar is in acceptable condition and with original surfaces identifies collector quality with solid interest. Well defined examples with little or no wear are eagerly sought. The top coin in the image remains bright silver as minted and never saw circulation.
Most surviving circulated examples are graded good to fine, but even these are worth good money. You can expect between $560 and $785 for 1885-CC circulated silver dollars. The Philadelphia mint struck an estimated 17,786,837 silver dollars in 1885, making this the highest mintage that year. As is tradition, the coins from this mint did not have a mint mark.
These coins fetch more in their mint state, from $75 for a piece graded MS60 to $65,000 for gem-quality specimens graded MS69 and above. Despite the high mintage, 1885 no mint-mark silver dollars are quite valuable even in the circulated state. Their intrinsic value lies in their silver content, making them desirable among collectors.
The gold rush of the 1850s to 1860s led to the discovery of large silver deposits in the West. Then read Coin Collecting Investment an article that details the benefits of coin collecting as a way to build wealth. CoinTrackers.com estimates the value of a 1885 Morgan Silver Dollar in average condition to be worth $30.00, while one in mint state could be valued around $150.00. PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. Very fine- About two thirds of Liberty’s hair lines from above her forehead her ear are visible.
You can look for some things to ensure your 1885 silver dollar is real. First, your coin should weigh about 26.73g, the 9 biggest virtual reality stocks not significantly more or less. Use a pair of callipers to ensure the diameter and thickness are accurate.
This process determines the “grade” and using the above chart identifies an accurate value of your 1885 silver dollar. Morgan silver dollars, as a series, are highly popular with collectors today. These now very old silver dollars are large in size, striking in design, available and represent good value with many reasonably priced. The 1885 Morgan silver dollars have value as both numismatic coins and as silver bullion. Prooflike and Deep proof-like examples are accessible in the open market, with prices ranging from $110 to $5,000. Deep-proof like 1885-O silver dollars will fetch up to $12,500 for a PF67 specimen.
Collectors who pursue the many VAM (Leroy C. Van Allen and A. George Mallis) varieties may find several die variations to pursue from 1885. If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform. Lady Liberty’s left-facing portrait wearing a Phrygian cap features prominently on the obverse of the 1885 silver dollar. Morgan Dollar’s produced in 1885 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. CoinTrackers has built a tool that will let you know if your coin is silver or not. MS 65 Uncirculated condition- There is strong luster and eye appeal.
You should also check for the mint mark location, font size and strike, which tend to be off in fake silver dollars. In circulated condition, expect between $37 and $325 for your 1885-S Morgan silver dollar, depending on the grade. Rare examples in mint state are worth slightly more, with an MS65 bringing as much as $2,150 and a gem-quality MS67 fetching as much as $60,000. Morgan silver dollars are some of the most collectible in the history of United States coinage.
Uncirculated coins with a grade of MS 65 can sell for around $1,450. Many 1885 silver dollars are valuable in circulated and uncirculated condition due to the coin’s silver content. But, proof silver dollars and uncirculated 1885-CC silver dollars are the most valuable in the series because of their scarcity. That year, only 930 proof silver dollars were struck, making examples extremely rare and valuable. Values for these proof coins range from $1,375 to $37,500, but cameo and deep cameo examples can fetch as much as $60,000 and $80,000, respectively.
With so many mint state https://forexanalytics.info/ coins readily available, collectors typically focus on the scarce circulated grades, such as the 1885-CC and 1885 Proof silver dollars. Preserve your 1885 Morgan silver dollar value, by careful handling and storage. Because of their large size, silver dollars can receive and inflict nicks and scuffs.
For your top condition and value coins, a range of appropriate holders are found at an area coin dealer. The cardboard and mylar “flips” the dealer uses in the display cases are suitable for many of your coins. Easy to use and inexpensive they are a good solution to safe storage and preserving value. Because of their popularity, Morgan silver dollars are prone to countgerfeiting.
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