- 1880 Morgan Silver Dollar Value
- 1880 Morgan Silver Dollar No Mint Mark
- 1880 O Morgan
- 1880 Morgan Silver Dollar Value
- 1880 Morgan Silver Dollar O
- 1880 Morgan Silver Dollars
Morgan Dollar Overview
One of the most popular coins with collectors, the Morgan Silver Dollar was produced in a time when the United States was seeing a great revolution in industry and overall growth. Known as a coin that generally retains its value, the Morgan Dollar sees a large demand by collectors and investors alike.
The new Morgan Dollar was commissioned after the passage of the Bland-Allison Act of 1873, which allowed the mint to begin purchasing large amounts of silver. Assistant mint engraver, George T. Morgan, designed the Morgan Dollar, which was quickly accepted by the mint and put into production in 1878.
George Morgan’s silver dollar was minted from 1878 until 1904, where a shortage of silver forced the mint to stop production. The Morgan Dollar was reintroduced in 1921 after the mint was able to build up its silver holdings. 1921 also saw the introduction of the Peace Dollar, which stopped production of the Morgan Silver Dollar for good.
On the Obverse of the Morgan Dollar is a bust of Liberty facing left, with the date directly below. The words “E PLURIBUS UNUM” can be found centered above Liberty. Stars fill the space along the edges between the date and the beginning of the motto.
The 1880-S Morgan Dollar is one of the most common coins in the series. It is fairly easy to find up to MS66 condition. In MS67 to MS68 they are much scarcer. In MS69 they are considered rare, as few examples exist in this condition or higher. 1880 Morgan Silver Dollar. $80.00 to $1-O Morgan Silver Dollar. $92.00 to $1-S Morgan Silver Dollar. $79.50 to $1 Morgan Silver Dollar.
Morgan’s reverse features an eagle with spread wings and olive branches and arrows in its talons. A wreath starting below the eagle encircles the design. The words “UNITED STATES OF AMERICA” and “ONE DOLLAR” are found near the edges of the coin. “IN GOD WE TRUST” is found directly above the eagle, but below the words found along the edge.
Image Source Flickr user Northern Lights Numismatics
History of the 1880 Morgan Dollar
Unlike other coins in the series, the 1880 Morgan Dollar had a relatively low mintage rate. The US mint at Philadelphia reports producing only 12,600,000 examples. These low mintage numbers are why the 1880 Morgan Dollar is valued higher than other examples from the series.
The Pittman Act of 1918 saw the melting of approximately 270 million Morgan Silver Dollars of all years. Morgan Dollars also saw melting in the early 1980s as silver prices were at an all-time high. This melting makes the mint’s production numbers void, with the real surviving number much lower than what is stated.
Like all other Morgan Silver Dollars, the 1880 Morgan Dollar was made using a composition of 90% silver and 10% copper. The coin weighs in at 26.73 grams and has a diameter of 38.1mm. Reeding can be found on the edges and denticles are around both the obverse and reverse.
1880/79 Overdate Morgan Dollar
Like other early Morgan Dollars, the 1880 Morgan Dollar did have a mint error that is sought after by collectors. This error is considered a major error and carries a premium over normal strikes.
1880/79 Overdate variety is unique in that the date was applied directly over the previously years’ date. This occurs when a previous die that was still in usable condition had the new date punched over the old date. Overdating helped save the mint money as dies were expensive to make, but the process was not meant to make parts of the previous date visible.
1880 Morgan Silver Dollar Value
To identify this error, one must look at the last two digits in the date and see if they show any signs that a previous date was present. Most times, part of a “7” can be seen on the “8” in “80”. Another telling part is where the “9” from “79” can be seen on the raised parts of the “0” in “80”.
Magnification could be of use when trying to find this error as parts of the ovedate are very hard to see. Not many examples of this error were produced and it is very rare to find today. If you determine that your 1880 Morgan Dollar is an overdate, be sure to take it to a coin dealer for a second opinion.
Value of the 1880 Morgan Dollar
Low mintage, combined with the huge amounts melted by the government and consumers, makes the value of the 1880 Morgan Dollar much higher than other dates.
Average condition 1880 Morgan Dollars are valued somewhere around $28. Uncirculated examples in MS-60 retail for $47. Higher grades of MS-63 see a value of $65 and those in MS-65 see a huge increase to $675.
For 1880/79 Morgan Dollars, Uncirculated MS-60 examples bring $100. An MS-65 example is projected to be worth $3,377! These huge increases in price over regular strikes are due to fewer examples available on the market.
Since an exact number on the number of 1880 Morgan Dollars remaining is not available, it is hard for collectors and dealers to accurately price the coin. Because of this uncertainty, the prices of 1880 Morgan Dollars may increase in value in the coming years.
Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 | Silver $26.90
Currently your 1880 Morgan silver dollar value is $25.44 . However this is just a minimum value representing how much a circulated-worn 1880 dollar is worth.
With its large silver content as a start and collector demand for the Carson City issue your coin has the potential for much higher value. Of the four mints that produced silver dollars in 1880, those struck at Carson City are scarce today. Add in the huge popularity of these coins and the prices are well above average.
Additionally, referring to the image to the right, its 'uncirculated' condition stands out as far better than most surviving 1880 Morgan silver dollars. Absence of wear, bright colorful toned luster and lack of contact marks sets this coin apart. As a collectible it is a nice example and the type collectors seek.
Judge condition and mintmarks closely. Varying degrees of wear determine condition with values listed on the chart below. Also, mintmarks identify the mint that produced your silver dollar and are valued separately. Both are covered in detail further down the page.
Mintmarks do make a difference in value. As collectors assemble sets, most include examples from each of the four mints that produced silver dollars in 1880. Identified by mintmarks located on the reverse side of the coin, these different mints are 'S' San Francisco, 'O' New Orleans and 'CC' Carson City mint. The Philadelphia mint did not place a mintmark on 1880 silver dollars.
1880 Morgan Silver Dollar Values | ||||
---|---|---|---|---|
Condition of Coin | ||||
Date | Good | Fine | Extremely Fine | Uncirculated |
1880 Morgan Silver Dollar Values Updated | 2/8/2021 | |||
1880 | $25.44 | $27.01 | $29.58 | $56.13 |
1880 CC | $98 | $129 | $185 | $333 |
1880 O | $27.01 | $28.24 | $31.15 | $89.84 |
1880 S | $25.44 | $25.44 | $28.24 | $51.74 |
1880 Morgan Silver Dollar No Mint Mark
Top Condition Finds Top Values
Largest of US coins, silver dollars when mixed with others are heavy enough to quickly inflict deep marks and cuts onto each other. Unfortunately as part of the minting and storage process these Morgan dollars were placed into canvas bags with 1000 other silver dollars. Easy to imagine the stacking, handling and transporting of bags resulted in a multitude of abrasions.
Surviving today without marks from a thousand coins per bag is rare for an 1880 silver dollar. One such rarity was sold by David Lawrence Rare Coin Auctions. Still retaining original bright luster, surfaces with the lightest of minimal bumps and bruises, the coin pictured attracted serious attention. Bidding continued until $402 was necessary for one collector to add a gem condition dollar to their collection.
Review again the above grading images, even if your coin is circulated, condition is an important part of overall 1880 Morgan silver dollar value.
1880 O Morgan
Discover Highest 1880 Morgan Silver Dollar Value
1880 Morgan Silver Dollar Value
The degree of wear (hopefully none at all) is a little hard to gauge but is one step that needs attention. Following the lead of collectors, examine the condition of your 1880 dollar closely. As you compare your coin to the images, a close match of its condition becomes apparent. This process determines the 'grade' and using the above chart identifies an accurate value of your 1880 silver dollar.
Uncirculated: Highest 1880 Morgan silver dollar value is reserved for 'Uncirculated' examples or also known as Mint State. Coins in this 'brand new' condition are the highlights of collections. The minting process imparts a delicate frosty luster to the surface of coins. When titled, light on an uncirculated coin reflects in bright bands uninterrupted from rim to rim. Confirm your coin is uncirculated by examining Liberty's cheek and chin area, any wear across these high points shows as a break in luster.
Extremely Fine: As silver dollars begin to show slight wear their condition is graded as extremely fine. Noticeable within the hair above Liberty's forehead and behind her neck, flattening is evident. Wear and loss of roundness also shows atop the folds of her cap. Your coin in this condition is still very sharp and crisp.
Fine: Moderate wear and moderate loss of detail reduces Morgan silver dollars to the fine grade. Although wear is apparent, major design elements of her cap and hair curls remain bold and recognizable. However those original fine details are lost and replaced by flat areas.
Good: If your 1880 silver dollar has endured extensive wear it is described as 'good' condition. Despite a large loss of detail Liberty's portrait is clearly separate of the field. A few lines of hair curls show behind the base of her neck. Although heavily worn some folds to the cap are visible. A once protective rim is now all but gone and close to merging with the lettering.
1880 Morgan Silver Dollar O
Coin Values | CoinStudy Articles
Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921
In Depth Morgan Silver Dollar Value
1878 to 1921
1878 | 1885 | 1892 | 1899 |
1879 | 1886 | 1893 | 1900 |
1880 | 1887 | 1894 | 1901 |
1881 | 1888 | 1895 | 1902 |
1882 | 1889 | 1896 | 1903 |
1883 | 1890 | 1897 | 1904 |
1884 | 1891 | 1898 | 1921 |
Every collector admires these large silver coins, every collector wants one. Their popularity is immense. Worth over $24.55 each because of silver content alone. Check your coins with the grading images and value charts. Find a rare date, mintmark or a better condition coin and Morgan silver dollar values start climbing.
No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1880 Morgan silver dollar value. Compare your coins to images in the sections 'How to grade Silver Dollars' and accurately discover how much your old dollars are worth.
★Coin Values Discovery finds... 1880 Morgan Silver Dollar Value and...
It is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncovers the common to rare coin values found in your box of old coins.
1880 Morgan Silver Dollars
Minimum Silver Value - A Good Place to Start
Many of your old US silver coin values are tied closely to the price of silver. Silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. With today's high value of silver your old coins are becoming surprisingly valuable. Today's Minimum Silver Coin Values