You can find 1885 Morgan silver dollars in a few variations, depending on the mint where there were produced. Besides the condition, the mint tag or its absence is all-important for determining the 1885 Morgan silver dollar prize. Let ’ s see .
1885 Morgan Silver Dollars
Four american mints produced 19,512,930 Morgan silver medal dollars in 1885, including proof pieces. Each contains 90 % or 0.7735 troy ounces ( 24 thousand ) of silver worth $ 18.42 on September 15, 2021 .
Thanks to the historical and sentimental value this coin has for every collector, its average price is always higher than the value of the argent it contains .
1885 Morgan silver dollar
|San Francisco||1885 S||1,497,000||$50|
|New Orleans||1885 O||9,185,000||$35|
|Carson City||1885 CC||228,000||$550|
so, you can find this dollar in very good condition for about $ 30, but you should be prepared that the one minted in Carson City is more expensive. The coin of the lapp grade will cost you at least $ 500 .
As you have credibly expected, Morgans graded MS 65 will cost you about $ 200. The lapp coin minted in Carson City can reach a value of $ 975 to 1,200, while the price of those produced in San Francisco is at least $ 1,500 to $ 2,200 .
1885 Morgan Silver Dollar Grading
It is always slippery grading a coin that is over a hundred old. You can expect that most pieces were in circulation for a long, so their condition is rarely ace .
consequently, most collectors prefer having the coin tested before the purchase. You can often determine the coin condition on your own, but it is better to consult a professional for the most expensive ones .
Coin scaling is a good job, but you will normally need basic cognition to recognize the coin of different qualities. Let ’ s see .
Uncirculated 1885 Morgan silver dollar
You can consider coins in uncirculated circumstance only those that never went into use. consequently, they have retained the raised design and original texture they had in the time right after minting. As you can imagine, these pieces are the most desirable for collectors .
even coins in the mint country can vary in quality. An adept will notice the first wear on Liberty ’ s coronet and hair’s-breadth .
- MS 65 uncirculated condition – Such a coin has a strong luster with a few slight, barely noticeable contact marks.
- MS 63 uncirculated condition – You can see reflective surfaces with a few blemishes but without considerable flaws.
- MS 60 uncirculated condition – It is evident that the coin has luster without signs of wear but with a few surface marks.
Extra fine 1885 Morgan silver dollar
This coin retains a please appearance and edge. however, you can see slight wear of the highest design point tops, primarily Liberty ’ s hair’s-breadth above her frontal bone .
Fine 1885 Morgan silver dollar
Fine grading means your coin spent some time in circulation, but it stayed undamaged. however, you can see visible scratching over its surface and a chasten loss of details .
Good 1885 Morgan silver dollar
unfortunately, this coin is not in the hope condition since its surface is smooth to the touch. Although it spent besides much time in use, some collectors appreciate such grade pieces. Be train that its rate is tied to the valued metal contented except for the rare coins minted in Carson City .
1885 Morgan Silver Dollar Types
1885 Morgan silver dollar without a mint mark
The Philadelphia mint produced 17,787,000 Morgan argent dollars with a side respect of $ 1 and 930 proof coins in 1885. They have no mint scar, are 0.859 troy ounces ( 26.73 gravitational constant ) heavy, and contain 0.77344 troy ounces ( 24.05 g ) silver. The finest coins minted this year that you can find on the commercialize are graded MS 68. The most expensive one was sold for $ 29,950 at an auction .
If you have an ordinary 1885 Morgan silver dollar, you can get at least $ 18.72 for it. Since the current silver spot price is $ 24.21 per 1 troy snow leopard ( 31.1 g ), you can cursorily calculate the value of silver your mint contains.
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1885 Morgan silver dollar value by USA Coin book
|Quality||1885||1885 S||1885 O||1885 CC|
|Mint state 60||$60||$285||$60||$772|
|Mint state 65||$200||$2,229||$200||$1,203|
1885 CC Morgan silver dollar
The Carson City mint produced only 228,000 Morgan ash grey dollars in 1885, and it was the final class of their mint before a four-year hesitate. The elementary reason for this break-off was a miss of a regular bullion issue, making 1885 CC a semi-key date for these coins .
Experts estimate that only 10 % or less of this moo coinage was in circulation, and the last pieces were sold in 1980, during the GSA Morgan dollar sale .
consequently, these Morgans are rare coins regardless of circulated grades. As a result, demand for these dollars and their prices are always significantly high .
You can find 1885 CC Morgan dollars up to MS 66 that can reach a price of $ 2,000. The finest know coins are MS 68, but there are no more than ten pieces in this grade. One of them was sold at an auction for an impressive $ 135,125 .
1885 Morgan silver dollar value by Gainesville coins
|Quality||1885||1885 S||1885 O||1885 CC|
|Mint state 61||$59||$358||$59||$670|
|Mint state 63||$68||$448||$68||$715|
|Mint state 65||$159||$1,560||$159||$975|
( MS 68 )
( MS 67 )
( MS 68 )
( MS 68 )
1885 O Morgan silver dollar
The New Orleans mint produced an incredible phone number of 9,185,000 Morgan dollars in 1885, but they didn ’ triiodothyronine go into circulation at the time. The reason was the 1878 Bland-Allison Act that required turning argent bullion worth $ 2 million into silver dollars monthly .
Most of these coins got stuck in the New Orleans mint vaults until the government shut it down in 1909. then, uncirculated 1885 CC Morgan dollars ended up in the US Treasury vaults in Washington and Philadelphia mint storehouse vaults .
They went into circulation from the 1930s to the 1950s after paying out to banks at face value. Many of them were melted in the 1970s for their silver value. however, at least five million of these coins are still on the market, including over 30,000 examples in mint condition .
nowadays, it is the most common uncirculated Morgan dollar produced in the New Orleans batch. As you can imagine, no one wants to buy the circulate examples since mint state 1885-O Morgan dollars prices are relatively depleted. The auction record for one MS 68 is $ 37,600 .
1885 Morgan silver dollar value by JM Bullion
|Coin||Extra fine quality||Uncirculated quality|
|1885 Morgan dollar||$39||$41|
|1885 S Morgan dollar||$63||$110|
|1885 O Morgan dollar||$39||$41|
|1885 CC Morgan dollar||$570||$590|
1885 S Morgan silver dollar
The 1885 Morgan dollar mintage in the San Francisco mint was merely under a million and a half, and most collectors didn ’ thyroxine pay any attention to this coin until the 1950s. Nowadays, it is a barely coin, peculiarly in MS 65 mark, but it is basically not a rare mintage .
unfortunately, the way of storing most mint state 1885 S Morgan dollars was bad, so they normally have countless cup of tea marks. consequently, you can find them in the lower grades from MS 60 to MS 62, but rarely more quality ones.
The average Morgan dollar minted in San Francisco this year has a frigid shininess but is weakly mint in the middle. You need to be affected role, spend time, and make an campaign to find a sharply come to and unblemished coin, but its price will be well above the average .
In other words, you can find the median coin for $ 35 to $ 45, but you need to set aside over $ 2,000 for the one in attest MS 65 condition. The most expensive 1885 S Morgan dollar graded MS 67 was sold on an auction for $ 48,875 .
1885 Morgan silver dollar value by CoinStudy, 9/13/2021
|Coin||Good quality||Fine quality||Extra fine quality||Uncirculated|
|1885 Morgan dollar||$22.4||$22.4||$25||$45.5|
|1885 S Morgan dollar||$22.4||$26||$45||$179|
|1885 O Morgan dollar||$24||$24||$26||$45.5|
|1885 CC Morgan dollar||$322||$348||$395||$408|
Since the 1885 Morgan eloquent dollar is older than one hundred years, it will be enough to check its condition and type when determining its monetary value. Each coin value will importantly vary depending on its grade, certificate, and the mint that produced it. Be careful since there are some forge coins on the market .