The value of a 1879 dollar coin depends on several factors, including its condition (grade), the mint where it was produced (mint mark), and any potential errors or varieties.
Here’s a breakdown of the typical values for different types of 1879 Morgan Silver Dollars:
- Philadelphia Mint (no mint mark):
– In circulated condition, these coins are generally valued between $36 and $76.
– However, in pristine, uncirculated condition, they can sell for as much as $29,500.
- Carson City Mint (CC mint mark):
– Due to their significantly lower mintage (only 756,000 produced), these are generally more valuable.
– Circulated examples can range from $190 to $5,250.
– In Mint State condition (MS60-MS65), their value can range from $5,350 to $125,000.
– A Deep Mirror Proof-Like (DMPL) 1879 CC Morgan dollar can be worth between $7,200 and $120,000.
- New Orleans Mint (O mint mark):
– Coins in circulation typically range from $36 to $135.
– Pristine, uncirculated examples can sell for as much as $25,000.
- San Francisco Mint (S mint mark):
– Values can vary depending on condition and whether it’s a “Reverse of 1878” variety.
– Circulated coins are generally valued between $44.50 and $75.
– Uncirculated examples can sell for as much as $22,000.
– The [NGC price guide] lists a record value of $32,900 for an MS66 graded example of an 1879 S Reverse of 1878 Morgan Dollar.
It’s important to note
- Melt value: The intrinsic value of the silver content in the coin is approximately $29.72 (as of August 10, 2025). However, the numismatic value (value to collectors) is usually significantly higher.
- Errors and varieties: Certain errors or variations in the minting process can significantly increase a coin’s value. For example, the “CC Over CC—capped Die” error on 1879 CC Morgan dollars can fetch between $160 and $120,000, depending on the condition.
- Proof coins: 1879 proof silver dollars, of which only a small portion of the original 1,100 still survive, can range in value from less than $775 to $11,500.
Key Factors Influencing Coin Value:
- Rarity: Coins with limited mintage or unique historical backgrounds often hold a higher value.
- Condition (Grade): Well-preserved coins with minimal wear and high grades (e.g., Mint State) are highly sought after and command higher prices.
- Mint Mark: The mint where the coin was produced significantly impacts its value, with some mints (like Carson City) being rarer and more desirable.
- Demand: Market interest in certain coins fluctuates, affecting how much buyers are willing to pay.
Disclaimer: These values are approximate and based on recent market trends. The actual value of your specific coin may vary. It is always recommended to consult with a professional coin appraiser to get an accurate valuation of your 1879 silver dollar.
Where can I sell my 1879 silver dollar?
If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued.
What year is the rarest dollar coin?
The 1804 dollar is one of the rarest and most famous coins in the world. Its creation was the result of a simple bookkeeping error, but its status as a highly prized rarity has been established for nearly a century and a half. The silver dollars reported by the mint as being struck in 1804 were dated 1803.