3/28/2022

1884 Morgan Silver Dollar

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  • 1884 Morgan Silver Dollar
1884 morgan silver dollar new orleans mint value

Value of 1884-S Morgan Silver Dollar. 1884-S Morgan Silver Dollars were placed into circulation, which was uncommon for the Morgan dollar series. Usually, large quantities of the series were bagged and stored, only to be released decades later. Additional Info: The 1884 Morgan Silver Dollar minted in San Francisco is one of the most valuable Morgans Issued ever if its near MS-65 or above condition. Because of this very few are bought and sold, making it even harder to verify the value. Current listings for the coin at online marketplace start the bidding for MS-65 versions at $150,000. Now consider the fact that many Morgans were lost to the melting pot in the early 20th century, and you see why the surviving Carson City minted Morgans are considered the most rare and desirable of all Morgan mint marks. This 1884 ‘CC’ Morgan Silver Dollar in premium Brilliant Uncirculated condition comes encapsulated for protection with. The 1884-O Morgan Silver Dollar was minted in great quantity at the New Orleans Mint this year, when silver dollars were the only denomination produced at that facility. Examples are readily available in all Mint State grades. Worn pieces are abundant as well.

Joshua McMorrow-Hernandez

Coin Info

1884 Morgan Silver Dollar
$21.09
United States
Silver Coin
0.77344 t oz
$1 USD
28,136,875
U.S. Mint
1884

The mid-1880s, including 1884, proved to be a quiet period across the board for Morgan Silver Dollar collectors. Morgan Dollar enthusiasts who actively pursue the VAM (Leroy C. Van Allen and A. George Mallis) varieties may disagree with such an assertion, for each year there is an increasing number of noted die varieties within the Morgan Dollar series, and this helps to lend to part of the excitement over collecting this series. However, the list below only includes the most commonly collected 1884 Morgan Silver Dollar issues, almost all of which below are the common date and mintmark combinations.

The 1884 Morgan Silver Dollar was produced in four mints: Carson City, New Orleans, Philadelphia, and San Francisco. The most valuable 1884 Morgan Silver Dollar carries the 'CC' mintmark used by the Carson City Mint. It always carries a premium value because of very low production, making it the rarest 1884 Morgan Dollar. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1884, are rare which makes them expensive.

1884 Morgan Silver Dollar Mintage Figures

  • 1884: 14,070,000; $35+
  • 1884-CC: 1,136,000; $200+
  • 1884-O: 9,730,000; $35+
  • 1884-S: 3,200,000; $40+
  • 1884 Proof: 875; $3,000+

While mintage figures for 1884 Morgan Dollars may indicate that a very high number of dollars from that year exist, it’s wise to take any official mintage figures for the Morgan Dollar series with a grain of salt. More than 270 million Morgan Dollars were melted pursuant to the Pittman Act of 1918, and therefore numerous issues within the series are actually far scarcer than mintage figures would suggest. Remember that Morgan Dollars are highly popular and widely collected, and that ultra-high grade Morgan Dollars are often your best bet when it comes to finding enthusiastic buyers should you ever decide to sell your Morgan Dollar collection.

Other Years From This Coin Series

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CoinTrackers.com has estimated the 1884 CC Morgan Silver Dollar value at an average of $135, one in certified mint state (MS+) could be worth $400. (see details)...

Type:Morgan Silver Dollar
Year:1884
Mint Mark: CC
Face Value: 1.00 USD
Total Produced: 1,136,000 [?]
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 $135, while one in certified mint state (MS+) condition could bring as much as $400 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 1884, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: The CC or Carson City issue Morgans are a good investment for those who dont want to spend to much money. Even the lower grades are valuable. This means any questions in the coins condition are less likely to affect the overall value of the investment.

Numismatic vs Intrinsic Value:This coin in poor condition is still worth $113.95 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.

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.

1884 Morgan Silver Dollar

Current silver melt value* for a 1884 CC 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.

1884 Morgan Silver Dollar

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  • *list does not count the newer Presidential Dollars

1884 Morgan Silver Dollar Error

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**When we say that 1,136,000, of these coins were produced or minted in 1884 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.

1884 Morgan Silver Dollar Coin Value

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1884 Morgan Silver Dollar

***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.

1884 Cc Morgan Silver Dollar

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