1881 Silver Dollar
History, Information, and Value of 1881 Morgan Dollar Value of 1881 Morgan Silver Dollar The 1881 Morgan silver dollar was struck in large quantities at the Philadelphia mint. Quite a few bags were released in the 1950s and 1960s; indeed, so many that in 1955 one dealer offered rolls of 20 Uncirculated coins for $25, equivalent to $1.25 per coin. It was finally reopened in 1879, when it began striking Morgan Silver Dollars with the ‘O’ mint mark. Minting of Morgans continued for 26 issues before ending forever in 1904. Now you can experience the beauty and collectability of ‘O’ mint Morgans with this affordable 1881 coin in premium Brilliant Uncirculated condition.
CoinTrackers.com has estimated the 1881 Morgan Silver Dollar value at an average of $30, one in certified mint state (MS+) could be worth $450. (see details)...
Type:Morgan Silver Dollar
Year:1881
Mint Mark: No mint mark
Face Value: 1.00 USD
Total Produced: 9,163,000 [?]
Silver Content: 90%
Silver Weight: 0.7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $30, while one in certified mint state (MS+) condition could bring as much as $450 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1881, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: MS-65 1881 P Morgan Silver Dollars have sold for as much as $850 in recent years, this price is not the average however.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $8.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1881 No mint mark is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 9,163,000, of these coins were produced or minted in 1881 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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1881 Silver Dollar Coin Value
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