How Much Is A Silver Dollar Worth?
The value of a silver dollar depends on several factors, including:
- its age;
- its condition;
- its origins; and
- whether or not it's an unusual variety or error coin.
While the values of your specific silver dollars can only really be determined by a sight-seen evaluation by a professional coin dealer, you can at least become more educated about what your silver dollars may be worth by knowing some of the basics about them and how these coins are numismatically valued.
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What Type of Silver Dollar Do You Have?
This is one of the most important questions you need to answer before you can even begin to have a grasp on what your coins are worth. It will save you money next time you decide to sell or buy silver dollars.
As many numismatists know, there isn’t “a” single type of silver dollar, but in fact many types. Here’s a rundown on the various major types of silver dollars that have been struck since the United States Mint began making them in 1794:
Note: Commemorative silver dollar coins come in a variety of designs. Image source: CoinUpdate
Chances are, if you have any silver dollars, they’re probably among the last five on this list.
While those last five types are the most common of all silver dollars, that doesn’t mean if you have any of those that they are not worth anything. In fact, all dollar coins containing silver are worth multiples over their face value. But by how much? Read on!
Four Keys to Silver Dollar Values
There’s a lot more to determining the value of a silver dollar than simply looking up the date online at a few websites or eBay and simply assuming yours is worth the highest—or lowest—price. There are several important factors to determining how much your silver dollar is worth. These include:
- The date – Yes, the date is an important factor in knowing how much your silver dollar is worth. But it's not the only thing to look for. . .
- Its mintmark – Where the coin was minted makes or breaks everything about the value of your silver dollar, and the mintmark indicates the coin's origin.
- Errors and varieties – Does your coin look unusual? It may be due to an error or neat die variety, and these can be worth big bucks.
- The grade & overall condition – An uncirculated silver dollar never used as money will be worth much more than one of the same date and mintmark combination that is nearly worn smooth. Don't forget, cleaned or otherwise damaged silver dollars are worth only a fraction of the values you see in the books or online.
Getting the Date
Look on your silver dollar. . . You’ll find the date on the obverse, or “head’s side,” of the coin.
While it may make sense to some to think that the older dates are worth more than more recent dates, this isn’t always true. Yes, the 1804 dollar brings millions, but not necessarily because it’s old. Rather, it’s because just 15 were minted and therefore are quite rare.
Some dates have higher numbers of survivors than others. The relatively high-mintage 1879 Philadelphia Mint Morgan dollar is worth perhaps $15 to $30 in well-circulated grades, while the low-mintage 1928 Philly-minted Peace dollar can take $200 or more in the same condition. Value really has nothing to do with relative age—it’s about the rarity of the date.
The date on a silver dollar is important because it will generally tell you how rare the coin is.
Sometimes, folks who don’t really know what to look for on silver dollars will understandably examine the date alone and say they have “the” so-and-such date silver dollar. The problem is there is another major equation to identifying a silver dollar, and it’s not just looking at the date but also the mintmark, if any is on the coin, indicating where that silver dollar was made.
Close-up of the 'S' mintmark below the neck on a 1973-S Ike dollar
Before the 1840s, all silver dollars were minted at the Philadelphia Mint and did not have mintmarks—a single letter or sometimes two letters indicating where the coin was made.
Silver dollars have been made at the following mints:
- Carson City – Denoted by a "CC"
- Denver – Indicated by a "D"
- New Orleans – Bearing the single letter "O"
- Philadelphia – No mintmark on dollar coins until 1979, when the "P" mintmark was used
- San Francisco – Carries an "S" mintmark
- West Point – Accompanied by a "W" mintmark
Every type of silver dollar will have the mintmark in a different place, but generally on all silver dollars made before the Eisenhower dollar it appears on the reverse (“tail’s side”). On Eisenhower dollars and other dollar coins made since, it will be found on the obverse—with the exception of some modern small-size golden dollars, on which the mintmark sometimes appears on the edge of the coin.
The mintmark tells us where a silver dollar coin was made. This can have an impact on the coin's value.
Errors and Varieties
Before you go bananas looking for coins that have unusual markings or other odd things about them, bear this in mind: many, if not most, things often thought by non-expert numismatists to be errors or varieties are simply post-mint damage.
It’s surely understandable to get excited about weird dents, strange-looking gouges, or even odd markings (such as Masonic symbols) on your coins, but these are virtually always caused by someone or something outside the mint and in most cases will reduce the value of the coin, not increase it.
There are, however, many types of errors and die varieties that can increase the value of your silver dollars and it would behoove you to research these and learn how to spot them on your coins.
You should do research about a coin in order to determine if it is an error coin or a rare variety.
The Grade & Overall Condition
New collectors, here’s your first piece of advice on anything having to do with the condition of your coins: do not clean them under any circumstances! Cleaning your coins will not make them look any better and, unless done by a professional coin conservation firm, will always reduce its value—perhaps by 50% or even more.
Coin dealers and seasoned numismatists prefer their coins original, not cleaned, in part because cleaning your coins removes all of the acquired patina and even a very thin layer of metal that can never be repaired or restored. So, be sure to leave your coins as you found them!
Peace Dollar (reverse)
There are many other aspects of a coin’s condition that are important to know as you determine the value of your silver dollar, including its wear-based grade.
Coin grading is a very complex area of numismatics, one that takes years to really learn and understand like the back of your hands. It surely can’t be taught here in a couple paragraphs.
But, what’s important to know is that coins are graded on a 70-point scale, with “1” indicating a coin in poor condition—worn nearly smooth—and “70” denoting a coin that’s never been spent as money and is virtually perfect, with no visible nicks, scratches, or other marks.
A coin that’s never been spent as money and has all of its details intact is known to be in uncirculated grade, and this is generally the most valuable condition in which a coin is found. Grading coins based on the amount of wear is a nuanced part of numismatic knowledge and something with which you should familiarize yourself.
The more wear and tear on a coin, the lower its grade. Don't attempt to clean a coin yourself.
So, How Much Is a Silver Dollar Worth?
That’s the sixty-four-thousand-dollar question, isn’t it?
There are so many value guides both online and in print, it can sometimes be confusing to figure out precisely how much your coin is worth. Sure, you may have seen that a 1922 silver dollar much like yours sold for $3,000 on eBay, but is that what yours is worth?
Maybe you recently saw a story about the 1804 silver dollar going for millions of dollars. . . So, if that coin took $5 million, does that mean your old silver dollars from the 1880s or 1890s are worth, say, a tenth of that amount because they’re not quite as old? The older the silver dollar, the more it’s worth—right?
These are all legitimate questions, especially for someone who may be completely unaware of the intricacies of the complex and ever-changing coin marketplace.
The marketplace for coins is always changing. The value of a silver dollar depends on many factors.
1893-S Morgan dollar
Morgan and Peace Dollars
If you own any common Morgan or Peace silver dollars that are in worn condition, these are usually worth very close to the current price of an ounce of silver. Rarities or those in exceptionally good condition can be worth hundreds or even thousands of dollars.
If any of your Morgan dollars bear a “CC” mintmark under the eagle on the reverse, then they’re worth at least $50 to $100 each, maybe more. And while all 1921 Morgan dollars are common, the 1921 Peace dollar is scarce, with most worth at least $50 or more.
Again, there are many circumstances like these in which one or two variations between coins of the same date can mean a piece that might buy you lunch versus one that will help pay off your mortgage.
The mintmark and condition of a Morgan silver dollar or Peace silver dollar will determine how much it is worth.
Got a bunch of Eisenhower silver dollars you want to sell? Unfortunately, most Eisenhower dollars aren’t even silver at all but rather made from a base-metal composition containing copper and nickel. When worn, these are worth only face value, so it’s safe to simply spend them or maybe give them to some children who might find these large dollar coins fascinating novelties.
Aside from extremely rare errors, all Eisenhower dollars with silver must contain an “S” mintmark, and even then only a portion of those are actually made from silver. Unless you know your Eisenhower silver dollars well, you may want to take your S-mint Eisenhower dollars to a numismatic professional who can tell you which are made from a silver composition.
All Eisenhower dollars made of silver will have an "S" mintmark; BUT not all Eisenhower dollars with an "S" mintmark will be made of silver.
Other Dollar Coins
Have any Susan B. Anthony dollars (seen above)? Virtually all that are worn are worth only face value, so it’s generally safe to spend those, too.
And those “golden” dollars (seen below) aren’t made from gold, nor are they rare. They can be spent along with your worn Susan B. Anthony dollars and Eisenhower dollars.
The American Silver Eagle dollars contain a full ounce of silver and are worth roughly the current value of one ounce of silver; these are worth selling if you wish to let go of the ones you have.
For a better idea of what Silver Eagles are worth, view the product listings on our American Silver Eagles category page.
All commemorative silver dollars made since 1983 contain very close to an ounce of silver and are also worth selling if you don’t wish to keep them.
Have any of the really old silver dollars listed above, such as the Flowing Hair, Draped Bust, Gobrecht, Liberty Seated, or Trade dollars? These coins are worth significantly more than most Morgan or Peace dollars and are worthy of taking to your local coin dealer so you can find out what those specific pieces are worth.
There have been many different dollar coins throughout American history. Be sure you know what kind you have before jumping to conclusions about its value.
Collecting Silver Dollars Can Become a Hobby
Whether your silver dollars are worth a little or a lot, hopefully they bring you joy and perhaps inspire you to collect more coins.
Even if you inherited your silver dollars from a loved one, perhaps your introduction to coins may inspire you to further build upon the collection you now have.
Coin collecting is a fantastic hobby that can be enjoyed for a lifetime, bringing you great financial and personal fulfillment along your numismatic journey.
Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage.
More from the author:
How Valuable Are Eisenhower Silver Dollars?
Silver Eagle Values - Complete Pricing Guide
Susan B. Anthony Dollar: Values and Series Rundown
What Is a Silver Certificate?
Silver Coins vs. Silver Bars
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Value of Old Silver Dollar Coins
Silver dollars are extremely popular with collectors. They are large, heavy, and impressive coins to hold in your hand. The US doesn’t make any coin nearly as impactful or cherished as the old silver dollars that used to be a part of everyday life many decades ago. Our guide covers silver dollar coins issued by The United States from 1794 up until 1935. We have information and value data for one dollar coins worth anywhere from $15 to $10,000,000, and just about every price point in between. You will learn how the condition (aka grade) of a coin greatly affects its value and desirability. You will also learn how mintmarks and other small variations can make two seemingly similar coins be worth vastly different amounts.
If you are looking to sell silver dollars then it will be important to determine if you have a desirable collector coin or if most of the value is based in the coin’s bullion value derived from its silver content. As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver. Those types of coins always have a collector value.
Flowing Hair Dollar (1794-1795)
Draped Bust Dollar (1795-1804)
Morgan Dollars (1878-1921)
Peace Dollars (1921-1935)Sours: https://coinappraiser.com/coin-category/silver-dollars/
Peace Silver Dollar Values and Prices
A competition was held to design a coin to memorialize the end of World I and peace, at least temporarily, returned to the world. Italian American sculptor Anthony de Francisci's design won. Find out how much your Peace silver dollars, minted from 1921 to 1935, are worth. The table below provides average coin values and prices based upon the condition of the coin.
In 1920, the United States was celebrating the recent end to World War I and Farran Zerbe, who was the historian of the American Numismatic Association (ANA), presented a paper entitled, "Commemorate the Peace with a Coin for Circulation." In it, he proposed a new design for the half dollar or the silver dollar if the denomination got resurrected. The enthusiasm for this idea was so great that the ANA created a committee to help prepare a bill for Congress to accomplish this task.
In November 1921, the Federal Commission of Fine Arts announced a competition for a design to commemorate world peace after the war. The Treasury Department and Mint ultimately chose de Francisci's design in the early part of December 1921. With the competition ending this late in the year, it did not leave much time for the production of silver dollars dated 1921.
From December 26 through 31, 1921, a total of 1,006,473 Peace dollars were struck at the Philadelphia mint. The initial design was in high relief to accentuate the artistic details of this new silver dollar. Unfortunately, it was difficult to strike, and in 1922 the relief was lowered to make it easier to mint them.
Well worn Peace dollars derive a majority of their value from the silver content of the coin. Therefore, if the price of silver is relatively high, the coin will be worth only what it's silver content is. Peace silver dollars were a relatively short series of U.S. coins to collect, and therefore there is usually a pretty good demand for them. If you want to get paid top-dollar for your Peace dollars, you need to sort and organize your coins so the coin dealer can quickly see what you have.
Key Dates, Rarities, and Varieties
As with all coins, certain dates and rarities will cause some coins to be worth more than others. The following Peace silver dollars in any condition, are worth considerably more than common ones. As such, these key dates, rarities, and varieties for Peace silver dollars are sometimes counterfeit or altered from common examples. Therefore, before you start celebrating your early retirement with your newfound wealth, have the coin authenticated by a reputable coin dealer or third-party grading service.
- 1934-D Doubled Die
- 1934-S (Uncirculated)
Condition or Grade
If your coin is worn, it is considered a circulated coin. If your coin has no evidence of wear due to being in circulation, it is considered an uncirculated coin.
Be sure to use a good light and low-level magnification when you are grading Peace silver dollars. These large silver dollars tend to have a lot of bag marks and scrapes just while they were being handled at the mint facility.
The mint mark is located on the reverse of the coin, just below the word "ONE" on the left side.
Average Values and Prices
The following table has the buy prices of what you can expect to pay to a dealer to purchase the coin and sell values of what you can expect a dealer to pay you if you sell the coin. Average circulated Peace silver dollars are sometimes traded more for their bullion value than their numismatic price. These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and some other factors that determine its worth.
|Date & Mint||Circ. Buy||Circ. Sell||Unc. Buy||Unc. Sell|
|Complete Date-Mint Set||$1,000.00||$600.00||$9,000.00||$6,500.00|
|Complete Date Set||$350.00||$200.00||$1,800.00||$1,300.00|
B.V. = Bullion Value; Look up the current bullion melt values of U.S. silver coins
*= See the section above "Key Dates, Rarities, and Varieties" for more information on these coins.
The Top 25 Most Valuable U.S. Silver Dollars
Silver Dollar values are always changing, thanks to the fluctuating silver prices and prevailing numismatic and investing trends in the coin industry. While market conditions may vary from one day to the next in terms of coin values, what remains constant for Silver Dollars are their popularity with coin collectors and rare coin investors. Morgan Silver Dollars and Peace Silver Dollars are arguably two of the most widely collected coin series in the United States today, and they enjoy high demand from both professional numismatists and die-hard coin investors.
Knowing the latest Silver Dollar values can help you make wise buying and selling decisions, and here at Coin Values we offer Silver Dollar prices so you can stay on top of what your favorite coins are worth. The prices we provide below are for problem-free coins that grade Extremely Fine-40 on the Sheldon Grading Scale, unless otherwise noted. Of course, coins that are damaged or are in a lower state of preservation will be worth less than the coin values listed here, and those in better condition will be worth more. Also, our Silver Dollar values are usually reflect retail coin values, and are about 10 to 30 percent higher than what a coin dealer might pay if you were to sell your coins. None of the Silver Dollar values here should be considered an offer to buy or sell any coins, as we list this information purely for your education and enjoyment.
Below is a list of the top 25 most valuable Silver Dollars:
1895 Morgan Dollar: $38,000 – Every coin series has a key date, and for the Morgan Silver Dollars, this is by far “the” coin that every collector needs for a complete set, though very few numismatists will ever be able to afford. The 1895 Morgan Silver Dollar ranges in value from about $21,000 in Very Good-8 up to about $40,000 for uncirculated coins. Minted only in proof, the 1895 dollar is a rare coin indeed, and one that often ever really shows up in big auctions or at major coin dealer firms. Just 12,880 of these dollar coins were minted, and far fewer survive today.
1893-S Morgan Dollar: $9,500 – This is a regular-issue coin, yet only 100,000 specimens were made. Few survive to this day, and with so many coin enthusiasts out there looking to get their hands on one of these 1893 Morgan Silver Dollars, values are high for an example in any grade. The best advice if you’re looking to buy one of your own? Buy a slabbed 1893-S from a reputable third-party coin grading company.
1889-CC Morgan Dollar: $8,100 – Like the 1893-S, the 1889-CC Morgan dollar is another coin that is purely scarce, though perhaps more numerous than the latter counterpart. 350,000 examples were struck but, again, not all survive as many 1889 Morgan Dollars were melted, and many others were lost to the hands of time.
1901 doubled die reverse Morgan Dollar: $1,850 –This doubled die variety is a popular piece, though often excluded from many date-and-mintmark coin sets as it wasn’t a standard issue. Still, die-hard coin collectors will clamor to get their hands on a 1901 Morgan Dollar, and they are truly among a scarce breed. Be sure to buy a certified example should a 1901 doubled die Morgan Dollar be calling your name.
1893-CC Morgan Dollar: $1,450 – This piece is among the classic 1880s and 1890s Morgan Dollars that were produced in low mintages and are scarce today. As many numismatists know, all Carson City Mint Morgan Dollars are scarce, and pieces such as the 1893-CC are rarer still, thanks to a low mintage in this case of just 677,000. Many were melted so 1893-CC Silver Dollar values are lofty.
1895-S Morgan dollar: $1,325 – Let’s face it, Morgan Dollar collectors, 1895 represents a tough financial hurdle to jump over. All three Morgan dollar issues from that year are on this top 25 most valuable Silver Dollars list, and this is #2. 400,000 specimens of the 1895 Morgan Silver Dollar were made at the San Francisco Mint, and all remain scarce to this day.
1894 Morgan dollar: $1,225 – From another tough year, 1894 Morgan Silver Dollars are expensive in any grade, including Extremely Fine-40 on the Sheldon Grading Scale as evidenced here. Only 110,972 were made – a tiny mintage by any measure of United States coin – and few remain today. Beware of counterfeits, and buy only certified 1894 Morgan Dollars.
1903-S micro “S” Morgan dollar: $1,150 – This mintmark variety is considered highly scarce, and while often not included in a general date-and-mintmark Morgan dollar set, this 1903 Morgan Silver Dollar variety often finds its way into the homes of Morgan enthusiasts.
1879-CC Capped “CC” Morgan Dollar: $640 – Like many of the minor Morgan dollar varieties listed among these top 25 most valuable Silver Dollars, the 1879-CC Morgan dollar is usually not a top item for casual collectors of the Morgan series or even those looking to assemble a basic date-and-mintmark set. Enthusiasts, however, will add this 1879 Morgan Silver Dollar variety to their collections since they represent the interesting minting peculiarities of the Morgan dollar series, which often seem similar to the multitude of die varieties found among the early Silver Dollars.
1885-CC Morgan Dollar: $610 – A scarce coin solely because relatively few were struck. It had a mintage of just 228,000 and many of the coins were later melted, accounting for the high value of this 1885 Morgan Dollar variety. Morgan Dollars from the Carson City Mint, like that from 1885, are a favorite item for coin collectors.
Below are the Silver Dollar values for the remaining top 25 most valuable Morgan Dollar and Peace Dollar coins:
1888-O “Hot Lips” Morgan Dollar: $600
1895-O Morgan Dollar: $595
1893-O Morgan Dollar: $555
1892-CC Morgan Dollar: $485
1881-CC Morgan Dollar: $425
1903-O Morgan Dollar: $390
1928 Peace Dollar: $385
1903-S Morgan Dollar: $365
1880-CC 80/79 reverse of 1878 Morgan Dollar: $335
1880-CC reverse of 1878 Morgan Dollar: $300
1893 Morgan Dollar: $300
1880-CC 8/7 Reverse of 1878 Morgan Dollar: $290
1880-CC 8/7 high 7 reverse of 1879 Morgan Dollar: $290
1892-S Morgan Dollar: $290
1880-CC reverse of 1879 Morgan Dollar: $285
Dollars value silver
Silver Dollar Values
Coin Values Moving with Precious Metals: Up-Dated 10/11/2021: Gold $1755 | Silver $22.68
Silver dollar values are on the move. Precious metals, gold and silver, are on the move. Collectible coins are on the move. As of 10/11/2021 with silver at $22.68 an ounce, all silver dollars minted prior to 1936 are worth a minimum of $20.70 each. Quite a bit higher than their bullion silver value.
Using a step by step method finds scarce to rare dates, varieties, and the important step of judging condition of your coin. Value charts list how much silver dollars are worth above base silver value.
Steps Leading to Value:
- Step 1: Recognize the Different Series of Silver Dollars - U.S. Silver Dollars were minted in a variety of series and styles with overlapping dates. Identify the different series to begin.
- Step 2: Date and Mintmark Variety - Scarce dates become important to value, along with Mintmark combinations are identified.
- Step 3: Grading Condition - An important step is judging condition of your coin. With a close inspection and comparing to standards for the grade, judge condition and find potential value.
- Step 4: Special Qualities - Silver dollars are examined for qualities adding or subtracting from value.
How to determine silver dollar values begins with identifying the series. Examine your coin and compare to the following images to find a match.
Note: Images within blue borders are Links to in-depth coverage of the different series.
Step 1: | Recognize the Different Series of Silver Dollars
Bust Dollar Values | The Rare Early Years
The originals, early Bust dollars are colonial works of art. Worth hundreds or more depending on the date. Find one of these in your box and you have a treasure from history. A sophisticated collectible, take a peek at the value chart.
Seated Liberty Dollar Values | Classic and Rare
A classic silver dollar but rarely encountered. With extremely low mintages and survival rates, all are rare. If yours is in nice condition it is easily worth in the hundreds. Compare it to the grading images and value charts, discover its true value.
Morgan Silver Dollar Values | Popular
Every collector likes them; every collector wants one. Their popularity is immense. Worth over $20.70 each because of silver content alone. Check the grading images and value charts. Find a rare date, mintmark or a better condition coin and values start climbing.
Peace Dollar Values | Waiting for Discovery
Although Peace dollars are in the shadow of their earlier cousins. Please, don't let that stop you from looking at your coins and determining value. Each is worth $17.45 because of high silver prices. Also, the series does have a few rare dates and varieties to add to the excitement. The value chart and grading images shine a light on these rarities.
Step 2: | Date Plus Variety and Mintmarks are Identified
High in popularity among collectors is forming sets of silver dollar by date. A date run of Morgan dollar is an impressive set. Large silver coins, iconic design, and a challenging pursuit. Key scare dates with limited numbers available are in strong demand with strong values. The different series of dollars are all known for elusive dates. Early era Bust dollars are all scarce, Seated dollars are close behind with the majority of dates infrequently encountered. Morgan and Peace silver dollar each have many common, scarce, and rare dates as part of the series. Date identity is very important to an accurate determination of how much silver dollars are worth.
Enter the different mints and their production of silver dollars. The mint that struck the coin is the next part to recognize.
As mints were constructed across the U.S. one of their first priorities was striking of silver dollars. Philadelphia the first mint, struck all Bust dollars and the majority of the first decade of the Seated Liberty series.
By 1846 the New Orleans mint was in operation and coined a few Seated design dollars. Its largest contribution was the Morgan series with large productions in the millions per year.
Mintmarks now become important to the value process. Each mint, to identify its coins, used mintmarks, placing them within the design. As example, an "O" mintmark was used by the New Orleans mint.
San Francisco mint struck its first dollars in 1859 placing an "S" mintmark on coinage. Carson City mint is identified by the "CC" mintmark it used. Denver mint by 1921 was needed to coin sliver dollars and is identified with a "D" mintmark.
Value charts list the dates along with mintmark varieties. Collectors complete sets of coins with examples from each mint for each year. Huge differences are known in the availability of certain date and mint combinations. Each series covers the mints, mintmarks, and how to identify.
🔎Refer to Step 1 above; image links to match your coin. Visit the series page for value charts and details on how to value your old silver dollar.
Step 3: | Grading Condition | Silver Dollar Values are Conditional
Surface condition of silver dollars is the next part to value. Collectors strive to improve their collections with nice condition coins, examining each closely. Different stages of wear are designated a "Grade". The condition of a silver dollar and the amount of wear to the surface is compared to images of grades. As wear progresses, parts of the design are lost and the stages are assigned a grade. Because of the different designs and wear patterns, each series is graded individually.
Mint State Grade: A coin still free of wear, with luster from the minting process remaining, and few marks to the surface is the top condition. Mint State coins are defined as no wear to the surface. A close look at the high points is needed to detect absence of smoothing and loss of luster to the metal. Liberty remains without any dulling on high areas in the example.
Extremely Fine Grade: Silver dollars with a slight amount of wear on high areas are within the Extremely Fine grade. Wear is just beginning to remove fine lines, such as in hair detail and smooth the fields of the coin. A few strands of hair are merging on Liberty of the Morgan dollar.
Fine Grade: Wear removing many small details, defines a silver dollar in Fine grade. Major details remain recognizable. Judging Peace dollars, Liberty's hair is smooth in areas but a separation remains of her hair line from her forehead and face. Lettering along the rim is distinct, and the rim bold, helping judge the coin as Fine grade.
Good Grade: Heavy wear covers all parts of the design on a dollar in Good grade. Major design elements are flattened and merging. Hair has blended with Liberty's face on the Morgan dollar example. Most fine line detail is worn smooth defining the Good grade. Only the deepest parts of the relief remain.
Determine a grade of your silver dollar by comparing to images of standards, videos, and descriptions.
How to Video: | Grading Morgan Silver Dollars
How to Video: | Grading Peace Silver Dollars
🔎In Step 1 above; image and text links lead to series pages of in-depth grading coverage. Close-up images and descriptions of grades are used to judge condition. Additional video helps to identify many subtle points to grading coins.
Step 4: | Special Qualities Enhancing Value
Collectability is one of silver dollars greatest special qualities. A large size coin begins impressive. Designs of U.S. dollars are majestic when rendered in large sizes. Any spoilers to diminish their beauty, even if subtle, are taken serious by collectors.
Mint state grade dollars with their high values must meet strict standards of: no wear to the surface. They are also evaluated for their eye appeal.
A mint state collection of just three coins represents a type set of special coinage. Bright, even luster on each shows the designs to their full potential. No distractions, such as large marks or stains in color to the surface reduce the quality of the set.
Additionally; collections of dollars are often centered around special varieties within a series. Morgan dollars have an active collector base focused on Carson City dollars. Obtaining an example of each year struck at Carson City is a challenge to complete. Many of these sets are of circulated grade coins and an understanding of scarcity and grading is needed.
Circulated, worn coins have a few standout qualities to recognize. Silver tones over time, changing color, if left unprotected turns a very deep shade of charcoal. A circulated grade is judged by the appeal of toning along with the amount of wear to the surface.
First dollar in the row is a lightly circulated example noted for the pleasing light toning. Second, a Morgan dollar, is also lightly circulated. It combines pleasing color, traces of mint luster within the legend, and the fields behind the portrait are clear of marks and nicks. The third is a comparison example quickly noted for scoring lower eye appeal.
Each series of silver dollars is evaluated for special qualities strengthening value. Avoiding excessive marks to the surface and deep toning, obscuring design details, puts any silver dollar ahead of others. Eye appeal is recognized as part of value.
🔎Match your coin to the image links in Step 1 and visit; how to determine in-depth silver dollar values of your coin.
Coin Values | CoinStudy Articles
Coin Grading Services and Coin Values
A coin with high potential value is worth a professional grading service examine of the coin. They both authenticate and grade your coin, helping narrow value. Any silver dollar above $100 in value is a candidate to send to a service.
Today's Minimum Silver Coin Values
Many U.S. silver coin values are tied closely to the price of silver. They 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.
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Safe Coin Storage | Recommendations
Recommendations on basic supplies that greatly improve coin storage. Providing for safe handling, preserving of value and organizing your box of old coins.
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All old US coin values. The home page index of images to identify your coins and text links to all coin series, from Cents to Gold. Value charts, grading images and a step by step procedure uncovers how much your box of old coins is worth.
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