How much is an 1887 Morgan Silver Dollar worth?

How much is an 1887 Morgan Silver Dollar worth?

The 1887 silver dollar with no mint mark is worth around $40 in very fine condition. In extremely fine condition the value is around $42. In uncirculated condition the price is around $60 for coins with an MS 60 grade.

What does MS mean on a Morgan Silver Dollar?

All mint state coins are just what they are stated “mint state.” They must all exhibit full mint luster.

What year is the rarest Morgan Silver Dollar?

The 1895 Morgan silver dollar is known as the “King of the Morgan Dollars” because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series.

How can you tell if a Morgan Silver Dollar is Vam?

You may also notice that letters are added to the end of the VAM designation to indicate various die states. For example, a VAM may have been created in the production of the coin die which resulted in it being this discovered and cataloged as VAM-5.

Where is the mint mark on an 1887 silver dollar?

It can be located on the back of the coin below the Eagle…the “O” mint mark is present above the letters “O” and “L” in the word “Dollar.” This 1887 New Orleans Mint Morgan dollar is ranked number 77 with a mintage of 11,550,000.

How do you know the MS grade of a silver dollar?

Mint State-65 (MS65 or MS-65) The coin is well struck, and a few hairlines may be seen under a magnifying glass. Overall, the coin is brilliant and has an above average eye appeal. Obverse: A few contact marks will be evident on the cheek and in the field in front of Lady Liberty’s face.

What is a MS 63 grade mean?

A coin graded MS-63 has a mint luster that may be slightly impaired. Numerous small contact marks and a few scattered heavy marks may be seen. Small hairlines may be visible without magnification. Several detracting scuff marks or defects may be present throughout the design or in the fields.

What does VAM mean on a silver dollar?

Van Allen-Mallis
VAM is an acronym for “Van Allen-Mallis”. The goal of this is to number and catalog every known die variety by date and mint mark. This definition means every Morgan and Peace Dollar is already or should be a VAM. New varieties are constantly being discovered and added to the list.

What does VAM mean?

VAM is the abbreviation for the Italian term velocità ascensionale media, translated in English to mean “average ascent speed” or “mean ascent velocity”, but usually referred to as VAM. It is also referred to by the English backronym “Vertical Ascent in Meters”.

What does MS mean coin?

Mint State
Strike Types. Mint State (MS) The numerical grades MS-60 through MS-70, used to denote a business strike coin that never has been in circulation. A Mint State coin can range from one that is covered with marks (MS-60) to a flawless example (MS-70).

What is the highest grade Morgan Dollar?

No Morgan Dollar has ever graded at the 70 level due to inconstancies in the minting process throughout the years, making the MS69 Prooflike grade of this 1880-S Morgan truly astonishing. “Owning the finest Morgan Dollar that exists is just an amazing honor for Art & Coin Television.

Is MS 63 grade good?

Grading Uncirculated Coins The ANA has not established equivalent official adjectives for the listings within the MS-60 to MS-70 range. Commercially, MS-70 coins are often called Perfect Uncirculated, MS-65 coins Gem Uncirculated, and MS-63 coins Choice Uncirculated.

What does MS mean on coins?

Mint State coins
The most common are MS for Mint State coins and PF for Proof issues. MS refers to a coin struck for circulation—or in the same style as a coin struck for circulation. It also means that the coin grades between 60 and 70.

How much is a 1888 Morgan silver dollar worth?

USA Coin Book Estimated Value of 1888 Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $62 to $281 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $3,222 or more.

Are Morgan dollars made of silver?

The Morgan Silver Dollar was minted from 1878 to 1904 and again in 1921. Morgan Dollars are one of the most popular U.S. coins among collectors. Each Morgan Dollar has a fineness of .900 and a total silver content of 0.77344 troy ounces per coin.

What is the rare year for the Morgan silver dollar?

The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.

Is a 1888 Siver dollar worth anything?

Two rare 1888 silver dollars are pictured on the right and in today’s market each is worth well over $100. Significant is that each is also distinctly different in appearance. Easily noticed, one has the “look” most would agree is desirable and valuable. Nov 18 2019 ; What is the most valuable silver dollar? Morgan Silver Dollars. The Morgan Silver dollars represent the best in silver coin manufacturing at its time.