What Is the 1885 Silver Dollar Value Today? Complete Price Guide & C

Die state and strike quality are important factors, especially for New Orleans mint coins. Well-struck examples with full breast feathers on the eagle and sharp hair details on Liberty can command premiums. Bag forex trading basics marks and other surface imperfections can significantly reduce value, particularly in higher grades. Over a century old 1885 Morgan silver dollars are highly collectible and often pricey. Even those in the worst condition cost something, thanks to the silver content. Morgans were the first dollars containing silver after the Bland-Allison Act from 1873 that allowed purchasing silver.

📆 Historical Context of the 1885 Morgan Dollar

CoinTrackers.com estimates the value of a 1885 Morgan Silver Dollar in average condition to be worth $30.30, while examples in high mint state can fetch up to $151.50. Still valuable, especially in uncirculated or prooflike conditions. You can see Lady Liberty on the Morgan silver dollar obverse surrounded by the DATE and saying E PLURIBUS UNUM.

The most expensive proof Morgan struck this year is the one in a PR 69 grade sold in 2011 at Goldberg Auctioneers for an unbelievable $92,000. For instance, you can find those in an MS 60 grade for approximately $50 to $60. On the other hand, those with an MS 68 rating are precious and can cost over $20,000. The auction record won a coin sold at Legend Rare Coin Auctions in 2015 for an incredible $39,950. Professional numismatist and data expert applying predictive analytics to coin markets. Developed AI models for Coin ID Scanner, boosting reliability in coin identification and global collector engagement.

What makes an 1885 Morgan silver dollar rare?

Certified, well-preserved coins—especially those from the Carson City Mint (1885-CC)—can bring thousands. With strong collector interest and a deep history, the 1885 Silver Dollar remains a must-have for any serious collector or investor. The US minted the 1885 silver dollar with no mint mark and also the 1885 CC silver dollar, 1885 O silver dollar, and 1885 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath. It‘s worth noting that these values are not set in stone and can fluctuate based on market conditions, supply and demand, and other factors.

• Pieces struck in 1885 were in a group of early date series with a low mintage, making these beautiful pieces precious for collectors.
• Here are the most legendary 1886 pieces ever sold at auctions.
• The 1885 silver dollar with no mint mark is worth around $49 in very fine condition.

Post-1965 Quarter Values

Collectors are often prepared to set aside $75,000 to $90,000 for deep mirror proof-like pieces. It‘s important to note that grading is a subjective process, and even experienced collectors and graders may have slightly different opinions on a coin‘s grade. Factors such as toning, strike sharpness, and eye appeal can also influence a coin‘s perceived value within a given grade. 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.

🧪 How to Tell If Your 1885 Dollar Coin Is Genuine

The 1885 S silver dollar is worth around $55 in very fine condition. In extremely fine condition the value is around $100. In uncirculated condition the price is around $390 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,950. The 1885 O silver dollar is worth around $49 in very fine condition. The 1885 CC silver dollar is worth around $650 in very fine condition.

Silver Dollar Coin Value: How Much Is It Worth?

Besides coins from the regular strike, the Philadelphia mint produced 930 Morgan silver dollar proofs in 1885. Their price goes from $1,000 to $15,000 on the coin market, but rare pieces in PR 67 grade with cameo contrast are worth up to $25,000. Four mints struck 28,697,767 Morgan silver dollars in 1885. Rare highly-preserved coins are expensive and collectible nowadays, and only serious collectors can afford some scarce pieces. As you can see, the value of an 1885 Morgan silver dollar can vary greatly depending on its condition and mint mark. The 1885-CC, with its low mintage and historical significance, commands the highest prices across all grades.

• Morgan silver dollar value is similar to the P variant.
• The auction record won a coin sold at Legend Rare Coin Auctions in 2015 for an incredible $39,950.
• It‘s important to note that grading is a subjective process, and even experienced collectors and graders may have slightly different opinions on a coin‘s grade.
• If the fake Morgan is made of aluminum, this test will fail.

The bit features vibrant rainbow toning and is the sole example at this grade level. His “M” appears on the ribbon’s left loop and at the lower part of Liberty’s neck. This shows just how widely the 1885 Dollar Coin Value can vary. Especially 1885-CC Silver Dollars—which are the most sought-after of the bunch—command premium prices.

As a collector or investor, it‘s essential to stay informed about current trends and auction results to make informed decisions. The Morgan silver dollar series, named after its designer George T. Morgan, was born out of the Bland-Allison Act of 1878. The year 1885 saw continued production of Morgan Dollars, with three mints contributing to the coinage. These coins were minted in response to the Bland-Allison Act of 1878, which required the Treasury to purchase large amounts of silver and convert it into silver dollars. The Carson City mint struck fewer coins, making this the rarest and most valuable of the 1885 series. The best-preserved specimens from a regular strike in an MS 68 grade are worth $45,000 to $60,000.

If you’re holding onto an 1885 Morgan Silver Dollar, you’re in possession of one of the most iconic and collectible coins in American numismatic history. The 1885 Silver Dollar is not only a beautiful piece of art—it is a valuable relic of 19th-century monetary history. All Morgan silver dollars produced from 1878 to 1904, particularly those minted in the 19th century, are highly collectible and desirable among collectors nowadays. The initial silver dollar mintage was never too high because of the limited silver amount in the US Mint’s reserves. This will help ensure the authenticity and condition of your coins, protecting your investment.

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Proof-like and deep mirror proof-like surfaces can significantly increase value, especially for Philadelphia mint coins. You will most likely find however that it is hard to get a coin for less than spot price. Then read Coin Collecting Investment an article that details the benefits of coin collecting as a way to build wealth.. Toning can greatly affect the value of 1885 Morgan Dollars. Coins with attractive, natural toning are highly sought after by collectors.

History of the 1885 Morgan Silver Dollar

Here are the most legendary 1886 pieces ever sold at auctions. Chris Yang is the Co-Founder of Coins-Value, a leading platform for antique and modern U.S. coin valuation. His commitment to helping collectors and individuals navigate the world of finance has made Coins-Value a trusted resource in the industry. The 1885 Morgan Silver Dollar is part of the iconic Morgan Dollar series, which was minted from 1878 to 1904, and again in 1921.

For its exceptional rainbow toning, the coin earned the nickname “WOW” coin among collectors. This proof piece set a record for proof 1885 Morgan coinage. It is distinguished by its cameo contrast and pristine condition. Morgan silver dollar value is similar to the P variant.