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1880 Morgan Silver Dollar Value

1880 Morgan Silver Dollar

The 1880 Morgan Silver Dollar was struck at the Philadelphia Mint and a total of 12.6 million were minted. The 1880 Morgan Silver Dollar minted at New Orleans and Carson City are much rarer than this Philadelphia coin because of a much lower volume created at New Orleans, and especially Carson City. Continue reading to learn more about 1880 Morgan Silver Dollar value.

 1880 Morgan Silver Dollar Value

 

AUCTION RECORD: $27,917 • MS67

Image Source: PCGS

History of the 1880 Morgan Dollar

The Philadelphia Mint struck many different 1880 Morgan Dollars with many different dies. This series year has more than two dozen overdate varieties from all of the Mints. The Philadelphia Mint, in particular, decided to re-use dies from 1879, and instead of wasting them, they overdated them with “1880.” The result of this means that many of these 1880 coins from the Philadelphia Mint range from gorgeous, well-struck pieces to the exact opposite. Specialist collectors have shown interest in these overdated 1880 Morgan Silver Dollars, but they haven’t received a lot of attention from investors. To see the overdate, it requires significant magnification. 

1880 Morgan Silver Dollar Value

The Morgan dollar series is very popular among collectors. The 1880 Morgan Silver Dollar value ranges from less than a hundred dollars into upwards of twenty thousand dollars for higher grades. This coin is plentiful, and definitely has a special interest for those who seek out the overdate in the coin and makes an interesting addition to the Morgan Dollar collection. 

 

Type of coin: Silver Dollar

Year: 1880 Morgan Silver Dollar 

Morgan Silver Dollar Mint Mark: Philadelphia

Total mintage: 12,600,000

Metal content: 90% Silver, 10% Copper

Face value: One dollar

Weight: 26.73 grams

Edge: Reeded

Designer: George T. Morgan

Diameter: 38.10 millimeters

 

FAQ

What determines the 1880 Morgan Silver Dollar value?
The Morgan Silver Dollar value, particularly for the 1880 edition, is influenced by its mint mark, condition (or grade), rarity, and silver content. Varieties and errors specific to the year can also significantly impact its value.
How much is a typical 1880 Morgan Silver Dollar worth?
A typical 1880 Morgan Silver Dollar in circulated condition can be worth around $30 to $50. Uncirculated examples, depending on their grade, can fetch from $60 to several hundred dollars.
What is the value of an 1880-S Morgan Silver Dollar?
The 1880-S Morgan Silver Dollar, minted in San Francisco, is known for its high-quality strikes and luster. Its value can range from about $50 in lower uncirculated grades to over $200 for MS65 examples, with particularly pristine coins fetching higher prices.
Are there any rare varieties of the 1880 Morgan Silver that significantly impact its value?
Yes, the 1880 Morgan Silver Dollar has several varieties, including the 1880-CC (Carson City mint) with different mint mark styles (e.g., 1880-CC Reverse of 1878) that are highly sought after and can command higher prices due to their rarity and collector interest.
What is the highest grade and value achieved by an 1880 Morgan Silver Dollar?
The highest grades for an 1880 Morgan Silver Dollar can reach up to MS67, with values that can exceed several thousand dollars, especially for well-preserved Carson City (CC) mint examples or coins with exceptional eye appeal.
How does the mint mark affect the 1880 Morgan Silver Dollar value?
The mint mark on an 1880 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. Coins minted in Carson City, in particular, are often more valuable due to their lower mintage numbers and popularity among collectors.
Can the silver content of the 1880 Morgan Silver Dollar influence its value?
Yes, the silver content of the 1880 Morgan Silver Dollar, which is 90% silver, provides a base value tied to the current silver bullion market. However, the numismatic value for collectors often exceeds the melt value.
Where is the best place to sell an 1880 Morgan Silver Dollar?
The best places to sell an 1880 Morgan Silver Dollar include reputable coin dealers, numismatic auctions, coin shows, and online platforms that specialize in coins. Authenticity and condition are key to achieving the best price.
What should collectors look for when purchasing an 1880 Morgan Silver Dollar?
Collectors should examine the coin's condition, mint mark, any notable varieties, and overall eye appeal. Purchasing coins that have been professionally graded can also offer assurance regarding the coin's authenticity and condition.
How should I store my 1880 Morgan Silver Dollar to preserve its value?
To preserve the value of your 1880 Morgan Silver Dollar, store it in a cool, dry place, ideally in a protective holder or capsule designed for coin storage. This protects the coin from environmental damage and physical wear.

 

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