The value of an 1884 coin is highly dependent on its type, mint mark, and condition.
- Morgan Dollars: This is a popular and widely collected series.
- Gold Dollars: While rarer, these coins are also sought after by collectors.
- Other Coinage: Depending on the specific denomination, other coins from 1884 may also hold value to varying degrees.
The 1884 Morgan dollar was produced with four different mint marks:
- No mint mark: Indicates the coin was produced at the Philadelphia Mint.
- CC: Indicates the coin was produced at the Carson City Mint, which had the lowest mintage of 1884 dollars.
- O: Indicates the coin was produced at the New Orleans Mint.
- S: Indicates the coin was produced at the San Francisco Mint.
A coin’s condition is a major factor in determining its value. Coins are graded on a scale of 1 to 70, with 70 being perfect mint state. Generally, coins in higher grades command higher prices.
- 1884 Morgan Dollar:
– Circulated condition: Between $45 and $63, according to the [NGC Price Guide].
– Uncirculated condition (MS66 or higher): Up to $34,500.
- 1884-S Morgan Dollar:
– Circulated condition: Between $47.50 and $3500, according to the [NGC Price Guide].
– Uncirculated condition (MS63): Around $58,495.
- 1884 Gold Dollar:
– Circulated condition: Between $225 and $475, according to the [NGC Price Guide].
– Uncirculated condition: Up to $22,500.
Please note: These are general estimates, and the actual value of a specific coin may vary. Professional appraisal is recommended for an accurate valuation.
Other factors that can influence a coin’s value include its rarity, demand, historical significance, and metal content.
For an accurate valuation of your 1884 coin, consider getting a professional appraisal. You can find appraisers through various sources like coin dealers, auction houses, numismatic organizations, online services, and coin shows.
