CoinTrackers.com has estimated the 1879 S Morgan Silver Dollar value at an average of $33, one in certified mint state (MS+) could be worth $180. (see details)..
Type:Morgan Silver Dollar
Year:1879
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 9,110,000 [?]
Silver Content: 90%
Silver Weight: 0.7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $33, while one in certified mint state (MS+) condition could bring as much as $180 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1879, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: Variations of the 1879 S include 2nd Reverse and 3rd Reverse. While this coin is very nice the gem this year is the CC version of this coin.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $11.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Current silver melt value. for a 1879 O is $20.68 and this price is based off the current silver spot price of $26.74 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. Want to join CoinTrackers and Track Your Coins 100% FREE? More of the Same 1893 Morgan Silver Dollar. Current silver melt value. for a 1879 S is $20.68 and this price is based off the current silver spot price of $26.74 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. Want to join CoinTrackers and Track Your Coins 100% FREE?
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1879 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 9,110,000, of these coins were produced or minted in 1879 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
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During the late 1800s, silver dollars were a popular form of currency in the United States. The 1879 Silver Dollar was one of the coins produced during this time. We’ll learn about the various mints of the 1879 Morgan Dollars and what influences their values in today’s market.
History of the 1879 Silver Dollar
The 1879 Silver dollar was created by George T. Morgan. Morgan was the engraver who became famous for designing many popular coins, including the Morgan dollars. The 1879 silver dollar was a result of the Bland-Allison Act.
In the late 1850s, the first major silver discovery in the US, the Comstock Lode, nearly ended the California Gold Rush. This put a lot of pressure on the prices of silver throughout the world.
The Bland-Allison Act was passed in 1878. The act required the Treasury Department to buy large quantities of silver and turn them into coins. To enhance the economy, the treasury chose to make silver dollars.
When George Morgan first came to the United States from England, he was immediately hired as an assistant engraver in 1876. He became very successful at designing coins and designed the 1879 Silver Dollars, among others.
Mintmarks of the 1879 Silver Dollar
The silver dollar that was minted in 1879 consists of 5 mints with 6 variations. Each mint represents a different city. The initials are located below the bow on the backside of the coin or under the tail of the bald eagle right.
The mintmarks are one of the small details that help decide the value of the 1879 Morgan silver dollar. Let’s see what the mintmarks mean.
If it has no mint mark, it was minted at the Philadelphia mint.
The letters “CC” means the coin was struck at the Carson Mint. The potential value may be more with this finding.
If you find an “S” on your coin, it means it was minted at the San Francisco mint.
An “O” indicates it was struck in New Orleans.
A “D” mark means it was minted in Colorado.
Values of the 1879 Silver Dollar
Many factors affect the value of the 1879 Silver Dollar today. The condition of the coin, the face value, its rarity, and popularity all influence its value. The minimum going rate seems to be $18 and higher.
Let’s look at the 1879-S coin. Unless you have this San Francisco minted coin in brilliant, uncirculated condition, the value may be $40 or less. A higher grade condition mint state might get you $65. You would want it graded A rare to get top dollar.
The 1879-S has a flat-breasted reverse like the early 1878 varieties. This Reverse of 1878 variety is rare. If it is in uncirculated condition, it is considered very rare, in Proof-like condition. There were 9,110,000 strikes of the 1879-S Silver dollar.
Price Of Silver Dollars 1879
Next, let’s learn about the 1879-O silver dollar. The New Orleans minted coin has similar value details of the San Francisco coin. An 1879-O silver dollar with rich detail will usually sell for more.
There were fewer circulation strikes, at 2,887,000. If you feel you have a high grade of this coin, it is best to get it graded by NGC or PCGS before selling it.
We’ve saved the best for last. If you are a collector, the 1879-CC silver dollar is the most sought after. With good reason too.
Less than 2% of all Morgan dollars came from the famed “CC” mint. If you are lucky enough to have an 1879 silver dollar from the Carson City mint, get it graded, no matter what condition it’s in. Its low mintage, as well as its connection to the west, seem to have boosted these in value.
If it’s in mint condition, it can sell for hundreds or even thousands of dollars. Some have sold from $3,500 to $20,000 and ever higher.
There were 756,000 circulation strikes for the 1879 “CC” Silver Dollar. The “CC” is minted under the bow on the reverse side. The mint mark may be heavily rusted – these are known as the “Capped Die” variety.
On these coins, the mint mark appears to be a larger “CC” over a smaller “CC”. These are still popular with collectors.
1879 Schoolgirl Silver Dollar
The 1879 Schoolgirl Silver Dollar is another of George Morgan’s designs. The reeded-edge dollar has Lady Liberty facing left and her hair tied with a ribbon. “LIBERTY” is inscribed in the hair band.
Lady Liberty wears a string of pearls. The date, along with the words “E PLURIBUS UNUM” are separated by the 13 stars.
The backside of the coin has an eagle with its wings raised. The eagle sits on a scroll, while the words “IN GOD WE TRUST” rest above the eagle. Arrows and an olive branch are opposite the scroll.
1879 Morgan Silver Dollar Value
Now you know what some of your coins may be worth. On any coin, you want to look for signs of wear. You want crisp details on Silver Dollars. You may see a rainbow effect that is known as toning and it does not affect the value.
1879 Morgan Silver Dollar Cc
Condition of your coins is always a factor. Naturally, the better the condition of your coins, the more they are generally worth. Remember old coins do not always spell value as there are a number of factors you need to take into account.
We’ve discussed a few, but to recap, the general appeal of the coin and whether it’s something people are looking for affects the value. There are many old coins that don’t sell for more than $20.
1879 Morgan Silver Dollar Error
1879 Morgan Silver Dollar Price Range
The Silver dollar market is a strong one. The number of coins minted and how many have survived circulation affect the value as does the quality and condition of the coin.