1879 Morgan Dollar Value

1879 Morgan Dollar Value

In 1879, the Philadelphia Mint made three different types of coins, including the 1879 Morgan Dollar. The strike is often excellent with this coin, and it’s popular among collectors. It is believed that less than 5% of the original mintage of the 1879 Morgan Silver dollar is still in circulation. It is believed that so many didn’t survive because much of the silver of the time was melted down under the Pittman Act to help with the World War I and World War II efforts. Continue reading to learn more about 1879 Morgan Dollar Value.

1879 Morgan Dollar Value


 AUCTION RECORD: $47,150 • MS67

Image source: PCGS

History of the 1879 Morgan Silver Dollar

The 1878 Morgan Silver Dollar has an image of a bald eagle on the reverse side. The American Bald Eagle has an olive branch in one talon and arrows in another. The obverse features Lady Liberty with 13 stars surrounding her, representing the 13 colonies. The 1878 Morgan Silver Dollar is popular due to how easy it is to find it in just about every grade, including Gem condition. 

1879 Morgan Dollar Value

The 1879 Morgan Silver Dollar value is more affordable because it was minted at the Philadelphia Mint. This makes it an ideal piece for new investors and collectors who want to capture a small piece of American history and also ensure that the piece is of high quality. The 1879 Morgan Silver Dollar prices range from under one hundred dollars to upwards of the tens of thousands depending on grade. 


Type of coin: Silver Dollar

Year: 1879 Morgan Silver Dollar 

Morgan Silver Dollar Mint Mark: Philadelphia

Total mintage: 14,806.000

Metal content: 90% Silver, 10% Copper

Face value: One dollar

Weight: 26.73 grams

Edge: Reeded

Designer: George T. Morgan

Diameter: 38.10 millimeters



What factors influence the 1879 Morgan Silver Dollar value?
The Morgan Silver Dollar value, especially for the 1879 edition, is influenced by its mint mark, condition (or grade), rarity, and silver content. Special varieties and errors can also significantly affect its value.
How much is a typical 1879 Morgan Silver Dollar worth?
A typical 1879 Morgan Silver Dollar in circulated condition is generally worth around $30 to $50, depending on the silver market. Uncirculated examples can fetch significantly higher prices, often exceeding $100.
What is the value of an 1879-S Morgan Silver Dollar?
The 1879-S Morgan Silver Dollar, minted in San Francisco, can vary in value from about $35 in lower uncirculated grades to several hundred dollars for higher-grade MS65 and above examples, influenced by the condition and market demand.
Are there any rare varieties of the 1879 Morgan Silver that significantly impact its value?
Yes, there are several varieties, including the 1879-CC (Carson City mint) and 1879-S Reverse of 1878, which are highly sought after by collectors and can command higher prices due to their rarity and historical significance.
What is the highest grade and value achieved by an 1879 Morgan Silver Dollar?
The highest grades achieved by 1879 Morgan Silver Dollars are in the MS67 range, with values that can exceed several thousand dollars, especially for coins with exceptional luster, strike, and eye appeal.
How does the mint mark affect the 1879 Morgan Silver Dollar value?
The mint mark on a 1879 Morgan Silver Dollar (e.g., "CC" for Carson City, "S" for San Francisco, "O" for New Orleans, or no mint mark for Philadelphia) significantly affects its value. Carson City minted coins are often more valuable due to their lower mintage and higher collector interest.
Can the silver content of the 1879 Morgan Silver Dollar influence its value?
Yes, the silver content of the 1879 Morgan Silver Dollar, which is composed of 90% silver, provides a base value tied to the current silver bullion market. However, numismatic value often exceeds the melt value for collectors.
Where is the best place to sell an 1879 Morgan Silver Dollar?
The best places to sell an 1879 Morgan Silver Dollar include reputable coin dealers, numismatic auctions, coin shows, and online platforms that specialize in coins. Ensuring the coin's authenticity and condition can help achieve the best price.
What should collectors look for when purchasing an 1879 Morgan Silver Dollar?
Collectors should look for the coin's overall condition, mint mark, any notable varieties, and signs of original luster. Purchasing graded coins from reputable grading services can also provide assurance of the coin's authenticity and condition.
How should I store my 1879 Morgan Silver Dollar to preserve its value?
To preserve the value of your 1879 Morgan Silver Dollar, store it in a cool, dry place away from direct sunlight and humidity. Use acid-free holders or capsules designed for coin storage to protect against environmental damage and physical wear.


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