The value of a 1779 dollar coin can vary significantly depending on several factors, primarily related to its type, condition, and historical context. Generally speaking, there are two main types of 1779 dollar coins to consider:
- 1779 Continental Currency: These were paper dollar bills issued by the Continental Congress during the American Revolutionary War. Due to high inflation during the war, their purchasing power depreciated dramatically. By 1781, it took 146 Continental dollars to equal one dollar in gold. Today, the collectible value of a 1779 Continental Currency dollar depends on its condition and rarity. According to Greysheet, the Issue of January 14, 1779 series of Continental Currency in the U.S. Currency has a value range between $55.00 and $10,500.00.
- 1779 Colonial or Foreign Dollar Coins: Some dollar coins from this era may be from different countries or colonial periods. For example, a 1779-Mo FF 2 Reales Mexico silver coin from the Colonial era is listed on eBay for $45. A 1779 I.C. – F.A. Austria Hungary Vienna Holy Roman Empire Thaler Silver Coin Maria Theresia is listed for $450.
To accurately assess the value of your specific 1779 dollar coin, consider these steps:
- Identify the Type of Coin: Determine if it is a Continental Currency dollar or another type of 1779 dollar coin. Look for inscriptions or designs that might indicate its origin.
- Evaluate its Condition: Coins in better condition generally fetch higher prices from collectors.
- Consult with a Coin Expert: Consider consulting with a professional numismatist or coin dealer for an accurate appraisal of your coin’s value. They can identify specific varieties or unique features that affect its worth.
- The term “Not worth a Continental” emerged due to the rapid depreciation of Continental Currency during the Revolutionary War.
- Authentic silver coins are non-magnetic. A quick test involves sliding a magnet over the coin. Real silver coins should have a slow roll-off as the magnet slides off gradually. Fake coins may stick or slide off too quickly, due to the presence of iron in the alloy.
- Some online marketplaces list 1779 Usa Coin, Sailing Antique Silvery Dollar as a collectible item for varying prices, such as $48 and $1000.
By carefully considering these factors and potentially seeking professional guidance, you can better understand the potential value of your 1779 dollar coin.
