How much is a 1881 S silver dollar worth?
According to the NGC Price Guide, as of July 2022, a Morgan Dollar from 1881 in circulated condition is worth between $28.50 and $54. However, on the open market 1881 S Silver Dollars in pristine, uncirculated condition sell for as much as $45000.
What makes a 1881 silver dollar rare?
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.
What is the rarest silver Morgan Dollar?
The 1895 Morgan silver dollar is known as the “King of the Morgan Dollars” because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series.
Where is the mint mark on a 1881 Morgan silver dollar?
The mint mark for these coins is found under the base of the wreath, below the eagle’s tail on the reverse. A nonexistent mint mark represents Philadelphia; an “S” represents San Francisco; an “O” represents New Orleans, and a “CC” represents Carson City.
How much is a 1891 S Morgan dollar worth?
1891 S Morgan Dollar Value According to the NGC Price Guide, as of July 2022, a Morgan Dollar from 1891 in circulated condition is worth between $29.50 and $75. However, on the open market 1891 S Silver Dollars in pristine, uncirculated condition sell for as much as $29500.
How can you tell if a silver dollar is uncirculated?
There are two major factors that indicate a coin is in uncirculated condition:
- Mint luster. Coins that have never been in circulation usually exhibit a distinctive sheen or luster.
- No trace of wear. One of the most obvious signs that a coin is uncirculated is the absence of wear or rubbing on the coin’s high points.
How do I sell my silver dollar coins?
Silver coins can also be sold to pawn shops, silver exchanges, and silver buyers, each of which will give you cash in exchange for your coins (based on the weight of the coin) and then proceed to melt them down.
What year is a rare silver dollar?
1893‑S. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.
How much is a 1890 S Morgan Silver Dollar?
The 1890 Morgan silver dollar value is $20 for good condition and $120 for uncirculated pieces.
What is MS64 coin grade?
Mint State 64. MS64. Coin has good, overall average luster and even strike for the type. Several small contact marks in groups, as well as one or two moderately heavy marks may be present. One or two small patches of hairlines may show under low, (3-4x) magnification.
Are uncirculated silver coins worth anything?
The first thing you should know is that uncirculated coins are usually worth more than circulated coins. For the coin collector, that means collecting these uncirculated coins is more popular than collecting circulated coins. Circulated coins are produced for everyday transactions by a government run mint.
Is collecting Morgan Silver Dollars good investment?
Morgan Dollars have become very popular as an investment vehicle for coin collectors because they cost a reasonable amount of money to buy, have performed very well in the past as an investment, and are beautiful to behold.
Is there fake Morgan silver dollars?
Authentic mintmarks are also well-struck compared to fake silver dollars, which are typically weakly struck. On occasion, fake Morgan dollars have “tool marks.” Tool marks are marks on authentic Morgan dollars and are considered depressions on counterfeit coins.