Value Of 1885 Silver Dollar

Seated Philly Quarters Not So Cheap

The assumption usually is that no matter what the coin type, the mintage totals from the main facility in Philadelphia would generally be higher making the Philadelphia coins of any type the more available ones. That is not always the case with Seated Liberty quarters and that makes the Philadelphia Seated Liberty quarters an interesting group to study and collect. When the new Christian Gobrecht Seated Liberty design was ready to be attempted on the quarter there were actually no other choices except to make those quarters at Philadelphia. Actually, the new branch mint in New Orleans was opening for coin production in 1838, but it was not ready to produce large numbers of assorted denominations. In fact, as it would work out, the first New Orleans Seated Liberty quarter would carry an 1840 date while the first Seated Liberty quarter from Philadelphia would be dated 1838.

In 1840 the Philadelphia Seated Liberty quarter would have drapery added to the left elbow. It would be a lower mintage of 188,127 pieces, which results in a price of $31 in G-4 although an MS-60 is just $1,100. It’s probably a reflection of type demand for the earlier no drapery dates as realistically the 1840 has a smaller Mint State total than either the 1838 or 1839 as PCGS reports only 11 examples of the 1840 in Mint State. In 1841 Philadelphia would have a mintage of just 120,000 Seated Liberty quarters. It is worth noting that by 1841 New Orleans was up and running with a production of over 450,000 quarters and that would be a trend seen a number of times in the years that followed as New Orleans would regularly produce more quarters than Philadelphia. In the case of the 1841 the relatively low mintage results in a price of $65 in G-4 while an MS-60 lists for $750 while an MS-65 is at $11,000. In fact, PCGS has graded two examples of the 1841 in MS-65 or better while the total in Mint State stands at just 13 pieces. The 1842 would see an 88,000 mintage with a small date, which was apparently proof only, and a large date which was the bulk of the mintage. The scarce small date was last seen at auction in the Eliasberg Sale in 1997 where a Proof-63 brought a price of $66,000. The more available, but still low mintage large date is listed at $100 in G-4 with an MS-60 at $1,850, but PCGS reports only nine examples called Mint State.

1885 Morgan Silver Dollar | Morgan Silver Dollar Values

The New Orleans 1885 Morgan Silver Dollar was named after its designer, George T. Morgan who designed the silver coin mints in the year 1878 until 1921 which was minted in four major mints. This silver coins bears the initial of its designer. The letter M can be found at the reverse side near Lady Liberty’s neck. More often than not these Morgan Dollars are very rare and scarce thus finding it would be very difficult thus its value up to these days are sky rocketing.

1885 Morgan Silver Dollar

Although the 1885 Morgan Silver Dollar minted in New Orleans were circulated in millions, a vast of Chinese counterfeit are still circulating bearing this 1885 mint date. To help you determine the genuine from the fake you need to know some facts concerning your New Orleans Morgan Silver Dollar.

The 1885 Morgan Silver Dollar minted in New Orleans always carry the mint mark O. You can find this mint mark at the reverse of the coin under the bow. This coin has a Circulation strikes of 9,185,00 and the Proof is 0. On the other hand this coin is still designed by George T. Morgan. Since the composition of this coin is 90% silver and 10% copper this becomes the most sought after Morgan Silver Dollar. To make sure that your Morgan Silver Dollar is not a counterfeit take note of its size as well as its weight. The original 1885 Morgan Silver Dollar’s size is 38.1mm in diameter and weights 26.73 grams. Take note of its edge. The authentic Morgan Silver Coin has a reed at the edge. If your silver coin is not reeded then that must be a Chinese Morgan Dollar counterfeit.

1885 Morgan Silver Dollar Value

When you compare the authentic 1885 Morgan Silver Dollar from the fake you will a lot of difference. The first difference you will notice is the numbers such as the number one and the number 5. The letters although it has similarities there are still letters in the counterfeit Morgan Silver Dollar which do not look the same. All you need to do is to scrutinize it very well to see the difference.

What is my 1885 Morgan Silver Dollar worth?

The stars in the counterfeit Morgan Silver Dollar are too big and flat compared to the authentic one. As a whole the counterfeit really looks different in appearance since it does not have the original luster. The original appears really brilliant while the counterfeit appears to have and opaque and dull appearance. To make it simple the original is slippery and has a soft detail while the fake does not have this features.

Silver Dollar

Gold and silver — The total value of gold produced in 1886 was $35000000, an increase of $3199000 over 1885. The production of silver decreased from ...

Bulletin of the New York Public Library, Astor, Lenox and Tilden Foundations

New York, 1885. pm. 8°. Morrill (Justin S.) Coinage of silver dollars. ... outline of a money system based upon the commercial value of the precious metals ; ...

Bulletin of the New York Public Library

New York, 1885. pm. 8°. Morrill (Justin S.) Coinage of silver dollars. ... outline of a money system based upon the commercial value of the precious metals ; ...

Three decades of federal legislation, 1855 to 1885, personal and historical memories of events preceding, during and since the American Civil War ...

By the first coinage regulations the standard unit of value was the American silver dollar. The act of April 2, 1J92, which established the Mint, ...

What every silver dollar buyer should know

In circulated grades as well, the 1885 carries no premium value. ... price of such dollars tends to fluctuate more in accordance with the price of silver ...