Rare 1887 US Silver Dollar Value: Price Guide

1887 us silver dollar value

Rare 1887 US Silver Dollar Value: Price Guide

The worth of a United States silver dollar struck in 1887 is a multifaceted consideration, dependent on factors such as its condition, mint mark, and overall rarity. Coins exhibiting minimal wear, retaining their original luster, and lacking significant imperfections command higher prices. Coins from specific mints, like the Carson City Mint (CC), are often more valuable due to lower production numbers.

Understanding the factors influencing its worth is crucial for both collectors and investors. Its historical significance as a tangible representation of late 19th-century American currency adds an intangible value. Furthermore, the fluctuating silver market can significantly impact its price, providing potential opportunities for profit depending on market conditions and expert assessment of the specific piece.

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Buy 1887 Uncirculated Morgan Silver Dollar: Value & Price

1887 uncirculated morgan silver dollar

Buy 1887 Uncirculated Morgan Silver Dollar: Value & Price

A numismatic item, minted in 1887 and never placed into circulation, represents a specific year and condition of the Morgan silver dollar. These coins, preserved in their original state, exhibit a sharp strike, full mint luster, and minimal imperfections, distinguishing them from circulated examples which show wear and tear from handling and commerce. Its value surpasses its face value and precious metal content.

Such a well-preserved coin holds significance for collectors due to its rarity and aesthetic appeal. The condition directly impacts its desirability and market value. These coins provide tangible links to late 19th-century American history, offering insights into the economic and artistic landscape of the era. Acquiring this currency can diversify investment portfolios and provide a store of value potentially appreciating over time.

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6+ Rare 1887 Morgan Silver Dollar Values & Prices!

1887 morgan silver dollar

6+ Rare 1887 Morgan Silver Dollar Values & Prices!

The item in question refers to a United States silver dollar minted in 1887, bearing the Morgan design. This coin contains approximately 0.7734 troy ounces of silver and was a product of the Comstock Lode silver rush era. An example is a coin struck at the Philadelphia Mint in 1887, marked with no mint mark, or one produced at the New Orleans Mint, designated by an “O” mint mark.

These particular pieces hold significance for collectors due to their historical context as representative currency of the late 19th century American economy. Their inherent silver content gives them intrinsic value, while their collectibility drives additional worth based on factors like mint mark, condition (graded using standards like the Sheldon scale), and rarity of specific varieties or errors. These coins offer a tangible link to the silver standard era and the artistry of George T. Morgan’s design.

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Buy 1887-O Morgan Silver Dollar – Value & History

1887 o morgan silver dollar

Buy 1887-O Morgan Silver Dollar - Value & History

The item represents a specific United States silver coin minted in 1887 at the New Orleans Mint, indicated by the “O” mint mark. These coins contain approximately 0.7734 troy ounces of silver and were a product of the Bland-Allison Act, intended to remonetize silver. This particular coin’s value is influenced by its condition (graded on a scale), rarity (affected by mintage numbers and survival rates), and silver bullion price.

Owning such a coin offers several potential benefits. It can be a tangible store of value, particularly during times of economic uncertainty. It provides a direct connection to American history, representing a specific period of economic and political policy. Its value can appreciate over time, depending on market factors, making it a potentially profitable investment vehicle for collectors and investors. Furthermore, its intrinsic silver content provides a base level of value regardless of numismatic interest.

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8+ Factors Affecting 1887 Silver Dollar Value | Guide

1887 silver dollar value

8+ Factors Affecting 1887 Silver Dollar Value | Guide

The monetary worth of a United States coin minted in 1887 containing silver is primarily determined by several factors. These include its type (Morgan or Trade dollar), condition (ranging from circulated to uncirculated), rarity based on mint mark and any existing varieties, and the current price of silver as a commodity. For example, a common-date 1887 Morgan dollar in circulated condition will typically be valued above its silver melt value, whereas a rare variety in gem uncirculated condition can command significantly higher prices among collectors.

Understanding the factors impacting the coin’s worth is essential for both numismatists and individuals possessing such coinage. The historical context of its production, including minting location and mintage figures, contributes significantly to its desirability. Higher grade examples and scarce issues represent a tangible link to the past and a potential store of value, offering insights into the economic history of the late 19th century United States.

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7+ Is Your 1887-O Morgan Silver Dollar Valuable?

1887 o morgan silver dollar value

7+ Is Your 1887-O Morgan Silver Dollar Valuable?

The worth of a specific United States coin, minted in 1887 at the New Orleans Mint, is dependent on several factors. Key among these are its condition, the presence of any mint errors, and current market demand. Coins exhibiting minimal wear and tear, designated as uncirculated or mint state, generally command higher prices. Furthermore, the presence of unique imperfections introduced during the minting process can dramatically increase its collectible appeal.

This particular coin represents a tangible link to late 19th-century American history and the silver standard era. Its intrinsic silver content contributes to its overall value, while its historical significance and collectibility drive demand among numismatists. Understanding the factors that influence its price allows collectors and investors to make informed decisions regarding acquisition and potential appreciation. Its historical context adds layers of meaning beyond its monetary denomination.

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8+ Rare 1887 Silver Dollar Value: Price Guide!

value of 1887 silver dollar

8+ Rare 1887 Silver Dollar Value: Price Guide!

The worth of a United States coin minted in 1887 and composed of approximately 90% silver is dependent on several factors. These elements primarily include its condition, the specific mint that produced it, and the current market demand among collectors. A coin in circulated condition, showing wear and tear, will typically have a value based largely on its silver content.

The coin’s significance extends beyond its intrinsic silver content. Its historical context as a piece of late 19th-century American currency contributes to its collectibility. Coins from mints with lower production numbers or those exhibiting specific errors can command substantially higher prices due to their rarity and increased desirability within the numismatic community. The condition, often graded using standardized scales, drastically affects the price, with uncirculated examples fetching a premium.

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Buy 1887 Silver Dollar Coin – Value & Price Guide

1887 silver dollar coin

Buy 1887 Silver Dollar Coin - Value & Price Guide

A United States currency piece minted in 1887, composed primarily of silver, holds numismatic and historical significance. These particular pieces represent a tangible connection to late 19th-century American commerce and design. The Morgan dollar, which is the common denomination, featured imagery reflective of the nation’s identity.

These coins are valued not only for their precious metal content but also for their historical context and collectibility. Factors such as mint location, condition, and rarity influence their worth. They serve as artifacts, embodying the economic and artistic climate of the era during which they were produced and circulated. The design features and metallic composition reflect specific U.S. Mint standards.

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9+ 1887 Silver Dollar: How Much Is It Worth? Guide

1887 silver dollar how much is it worth

9+ 1887 Silver Dollar: How Much Is It Worth? Guide

Determining the value of an 1887 silver dollar involves assessing several factors. These factors include the coin’s mint mark (or lack thereof), its condition, and current market demand. Prices can range significantly, from a modest sum for coins in poor condition to considerable amounts for uncirculated examples or those with significant minting errors.

Understanding the worth of a vintage coin provides insight into numismatic history and market dynamics. Silver dollars of this era are often collected for their historical significance and intrinsic metal value. Furthermore, their condition directly influences their desirability among collectors and investors alike. A coin’s rarity, determined by its mint mark and the number of coins produced, also affects its market price.

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7+ Factors Affecting 1887 Morgan Silver Dollar Value Today

1887 morgan silver dollar value

7+ Factors Affecting 1887 Morgan Silver Dollar Value Today

The monetary worth of a United States coin minted in 1887, specifically a Morgan silver dollar, is contingent upon several factors. These elements include the coin’s condition (graded on a scale from Poor to Uncirculated), its mint mark (denoting the minting facility), and the overall demand from collectors and investors. Premiums are generally applied to coins in better condition or those with rarer mint marks. As an example, a heavily circulated 1887 Morgan dollar from the Philadelphia Mint will typically have a lower worth than an uncirculated example from the Carson City Mint.

Understanding the estimated worth of such a coin provides benefits for individuals interested in numismatics, enabling informed decisions regarding buying, selling, or collecting. The coin itself represents a significant period in United States history, reflecting the nation’s economic and artistic climate during the late 19th century. Furthermore, knowledge of its worth allows for responsible management of coin collections and potential investment opportunities. The 1887 Morgan silver dollar emerged from the Bland-Allison Act of 1878, which mandated the purchase and minting of a substantial amount of silver each month, influencing both currency production and silver market dynamics.

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