You can find 1885 Morgan flatware dollars in a few variations, depending on the mint where there were produced. Besides the condition, the batch crisscross or its absence is all-important for determining the 1885 Morgan silver dollar respect. Let ’ s understand .
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 deoxyguanosine monophosphate ) of silver worth $ 18.42 on September 15, 2021 .
Thanks to the historical and sentimental value this mint has for every collector, its average monetary value is always higher than the respect of the silver it contains .
1885 Morgan silver dollar |
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| Location | Year | Minted | Value |
| Philadelphia | 1885 | 17,787,000 | $35 |
| Philadelphia | 1885 proof | 930 | $3,100+ |
| San Francisco | 1885 S | 1,497,000 | $50 |
| New Orleans | 1885 O | 9,185,000 | $35 |
| Carson City | 1885 CC | 228,000 | $550 |
| Total | 1885 | 19,512,930 | / |
so, you can find this dollar in very thoroughly condition for about $ 30, but you should be prepared that the one minted in Carson City is more expensive. The coin of the same class will cost you at least $ 500 .
As you have credibly expected, Morgans graded MS 65 will cost you about $ 200. The like 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 century old. You can expect that most pieces were in circulation for a long, so their stipulate is rarely ace .
consequently, most collectors prefer having the coin tested before the purchase. You can much determine the mint condition on your own, but it is better to consult a professional for the most expensive ones .
Coin rate is a serious subcontract, but you will normally need basic cognition to recognize the coin of different qualities. Let ’ s meet .
Uncirculated 1885 Morgan silver dollar
You can consider coins in uncirculated discipline merely 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 .
tied coins in the mint state can vary in quality. An expert will notice the first wear on Liberty ’ s coronet and hair .
- 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 mint retains a please appearance and distinctness. however, you can see slight wear of the highest design point tops, chiefly Liberty ’ s hair above her brow .
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 airfoil and a moderate loss of details .
Good 1885 Morgan silver dollar
unfortunately, this coin is not in the hope circumstance since its surface is smooth to the touch. Although it spent besides much time in function, some collectors appreciate such rate pieces. Be train that its value is tied to the precious metal subject 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 silver medal dollars with a face value of $ 1 and 930 proof coins in 1885. They have no mint commemorate, are 0.859 troy ounces ( 26.73 gravitational constant ) heavy, and contain 0.77344 troy ounces ( 24.05 deoxyguanosine monophosphate ) eloquent. The finest coins minted this year that you can find on the market 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 point price is $ 24.21 per 1 troy ounce ( 31.1 thousand ), you can promptly calculate the value of silver your coin contains.
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1885 Morgan silver dollar value by USA Coin book |
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| Quality | 1885 | 1885 S | 1885 O | 1885 CC |
| Good | $27 | $44 | $27 | $476 |
| Very good | $33 | $48 | $33 | $502 |
| Fine | $39 | $54 | $39 | $551 |
| Very fine | $45 | $60 | $45 | $599 |
| Extra fine | $47 | $75 | $47 | $641 |
| About uncirculated | $50 | $124 | $50 | $653 |
| Mint state 60 | $60 | $285 | $60 | $772 |
| Mint state 65 | $200 | $2,229 | $200 | $1,203 |
| Proof 63 | $3,143 | / | / | / |
1885 CC Morgan silver dollar
The Carson City mint produced only 228,000 Morgan silver dollars in 1885, and it was the last year of their mint before a four-year pause. The primary argue for this break-off was a lack of a regular bullion provide, making 1885 CC a semi-key date for these coins .
Experts estimate that only 10 % or less of this low mintage was in circulation, and the survive pieces were sold in 1980, during the GSA Morgan dollar sale .
consequently, these Morgans are rare coins careless of circulated grades. As a result, demand for these dollars and their prices are constantly importantly senior high school .
You can find 1885 CC Morgan dollars up to MS 66 that can reach a price of $ 2,000. The finest sleep together coins are MS 68, but there are no more than ten pieces in this mark. One of them was sold at an auction for an impressive $ 135,125 .
1885 Morgan silver dollar value by Gainesville coins |
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| Quality | 1885 | 1885 S | 1885 O | 1885 CC |
| Very fine | $36 | $57 | $36 | $620 |
| Extra fine | $38 | $81 | $38 | $637 |
| About uncirculated | $45 | $134 | $45 | $637 |
| Mint state 61 | $59 | $358 | $59 | $670 |
| Mint state 63 | $68 | $448 | $68 | $715 |
| Mint state 65 | $159 | $1,560 | $159 | $975 |
| Auction record | $29,950 ( MS 68 ) |
$48,875 ( MS 67 ) |
$37,600 ( MS 68 ) |
$135,125 ( MS 68 ) |
1885 O Morgan silver dollar
The New Orleans mint produced an incredible number of 9,185,000 Morgan dollars in 1885, but they didn ’ deoxythymidine monophosphate go into circulation at the meter. The rationality was the 1878 Bland-Allison Act that required turning flatware 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 storage vaults .
They went into circulation from the 1930s to the 1950s after paying out to banks at front value. Many of them were melted in the 1970s for their eloquent value. however, at least five million of these coins are still on the market, including over 30,000 examples in batch condition .
present, it is the most park uncirculated Morgan dollar produced in the New Orleans mint. As you can imagine, no one wants to buy the circulate examples since mint state 1885-O Morgan dollars prices are relatively broken. The auction criminal record for one MS 68 is $ 37,600 .
1885 Morgan silver dollar value by JM Bullion |
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| 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 batch was fair under a million and a one-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 grade, but it is basically not a rare coinage .
unfortunately, the way of storing most mint state 1885 S Morgan dollars was bad, so they normally have countless bag marks. consequently, you can find them in the lower grades from MS 60 to MS 62, but rarely more timbre ones .
The average Morgan dollar minted in San Francisco this class has a frosty luster but is weakly smitten in the center. You need to be patient, spend time, and make an feat to find a aggressively come to and unblemished mint, but its price will be well above the average.
In other words, you can find the average mint for $ 35 to $ 45, but you need to set digression over $ 2,000 for the one in license MS 65 stipulate. 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 |
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| 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 |
Summary
Since the 1885 Morgan ash grey dollar is older than one hundred years, it will be enough to check its stipulate and type when determining its price. Each coin value will importantly vary depending on its grade, certificate, and the mint that produced it. Be careful since there are some counterfeit coins on the market .
