Forgotten 1879 The 1879 Morgan Silver Dollar remains one of the most intriguing coins for collectors and investors alike. Known for its historical significance and rarity in certain mint marks, this coin attracts attention from both novice collectors and seasoned numismatists. Its combination of silver content, rich design, and historical context makes it a key piece in any collection of United States silver dollars. Understanding its value trends, historical background, and collector appeal is essential for anyone interested in 19th century coins.
1879 Morgan Silver Dollar Key Specs Mint Marks and Value Trends
| Feature | Specification |
|---|---|
| Year | 1879 |
| Mint Marks | CC (Carson City), S (San Francisco), O (New Orleans), None (Philadelphia) |
| Composition | 90% Silver, 10% Copper |
| Diameter | 38.1 mm |
| Weight | 26.73 g |
| Edge | Reeded |
| Common Value (Circulated) | $45 – $150 |
| Rare Mint Value (Uncirculated) | $600 – $12,000 |
| Notable Features | Carson City Mint (CC) coins are highly sought after |
| Historical Context | Post-Civil War era, silver coinage expansion |
This table provides an overview of the 1879 Morgan Silver Dollar, highlighting its mint marks, composition, dimensions, and historical value trends. Coins from the Carson City mint are particularly rare and have seen substantial appreciation over the past several decades, making them the focus of collector interest.
The 1879 Morgan Silver Dollar was minted shortly after the Bland Allison Act, which required the U.S. Treasury to purchase large amounts of silver to produce coins. The coin’s design features Lady Liberty on the obverse and an eagle with outstretched wings on the reverse. Its intricate details and silver content made it both a functional currency and a collectible item. Over the past 11 years, certain mint mark variations, particularly CC and S, have seen remarkable increases in value due to rarity and collector demand.
Collector Appeal and Market Trends
Collectors prize the 1879 Morgan Silver Dollar not only for its silver content but also for its historical significance and aesthetic appeal. Coins in mint condition, especially those graded MS65 or higher, command premium prices. Market trends show consistent growth in value for Carson City coins, while Philadelphia and New Orleans issues remain more accessible to entry level collectors. Key factors influencing value include mint mark, condition, historical provenance, and rarity of die variations or errors.
Investors and collectors should also consider certified grading from reputable services like PCGS or NGC to protect the coin’s value. Online marketplaces, auctions, and coin shows continue to provide opportunities for acquiring these coins, with demand highest for well preserved or historically significant specimens.
Final Verdict
The 1879 Morgan Silver Dollar is a highly desirable coin for collectors and investors due to its historical significance, rarity, and silver content. Coins from the Carson City mint offer the most potential for appreciation, while San Francisco, New Orleans, and Philadelphia coins provide more affordable entry points for new collectors. Tracking mint marks, condition, and market trends ensures informed purchasing decisions and long term value retention.
Disclaimer
This article is for informational purposes only. Coin values, historical data, and market trends are based on research and current numismatic estimates and may vary depending on coin condition, grading, and market fluctuations. Always consult a certified coin dealer or numismatic expert before buying, selling, or investing in coins.
