The value of an 1879 one dollar coin, specifically a Morgan Silver Dollar, depends heavily on its condition (or grade) and the mint where it was produced.
Here’s a breakdown of the estimated values based on different factors:
- No mint mark (Philadelphia Mint): These coins are not considered rare in general, but high-grade examples can still be valuable.
– According to the NGC Price Guide (as of August 2025), a circulated 1879 Morgan Dollar from the Philadelphia mint can range from $44.50 to $68.
– Uncirculated examples can sell for as much as $29,500,.
- “S” mint mark (San Francisco Mint):
– Circulated 1879-S Morgan dollars are worth between $44.50 and $75.
– Uncirculated examples can sell for up to $22,000.
– There is a rarer “Reverse of 1878” variety of the 1879-S, which can fetch higher prices depending on its condition and appearance.
- “O” mint mark (New Orleans Mint):
– Circulated 1879-O Morgan dollars are worth between $44 and $115.
– Uncirculated examples can reach prices of up to $25,000.
- “CC” mint mark (Carson City Mint): These are the rarest and most desirable of the 1879 Morgan Dollars.
– Circulated 1879-CC Morgan dollars are worth between $185 and $4950.
– Mint state examples are exceptionally rare and highly valued, with some uncirculated coins selling for as much as $200,000.
– Proof strikes of the 1879-CC Morgan Dollar are also exceptionally rare, with a low mintage of only 1,100, and are valued at over $4,000 even in PR63 condition.
In general, the better the condition (grade) of the coin, the more valuable it will be. For example, uncirculated coins (those with little to no wear) are worth significantly more than circulated coins (those that have been used and show wear).
Here are some general price ranges based on condition (Note: These are approximations, and actual values may vary depending on factors like luster, toning, and strike sharpness).
- Good (G4-VG8): $40 – $50
- Extremely Fine (XF): $75 – $100
- Almost Uncirculated (AU50): $120 – $150
- Mint State (MS60): $160 – $250
- Gem Uncirculated (MS65): $575+
- MS66+: $1,000 – $25,000+ (depending on the mint)
- MS67 (Carson City): Can be valued beyond $50,000.
- Rare varieties and errors: Some 1879 Morgan dollars have specific die errors or varieties that can increase their value. Examples include the 1879 CC Capped Die and the 1879-S Reverse of 1878.
- Toning and eye appeal: Attractive toning (the natural discoloration of the metal) can increase a coin’s value, while unattractive toning can decrease it.
- Certification: Having the coin graded and certified by a reputable grading service (like PCGS or NGC) can add credibility and potentially increase its value, especially for higher-grade coins or rare varieties.
Important note: Counterfeit 1879 Morgan Dollars exist, especially for the rarer “CC” mintmark coins. Be wary of coins that are significantly underweight, have poor details, or have an unnatural tone. If you have an 1879 Morgan Dollar, especially with the “CC” mint mark, it is advisable to get it professionally evaluated by a reputable coin dealer or grading service.
Where can I sell my 1879 Silver Dollar?
From my experience, 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.
How to tell if a 1 dollar coin is rare?
From my experience, To ensure your coin is rare, check for minting errors, such as double strikes or planchet flaws, unique designs, or limited editions. The 2007 Sacagawea Dollar, with Edge Lettering, accidentally featuring a Presidential coin’s edge design, is exceptionally valuable due to its rarity, with only one known to exist.