The 1884 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.




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Specifications

Type: Morgan Silver Dollar Year: 1884 Face Value: $1.00 Composition: 90% silver, 10% copper Silver Weight: .77344 oz. Total Weight: 26.73 grams Current Silver Bullion Value: $17.63


The US minted the 1884 silver dollar with no mint mark and also the 1884 CC silver dollar, 1884 O silver dollar, and 1884 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.


Series LocationQuantity Minted
1884Philadelphia14,070,000
1884 CCCarson City1,136,000
1884 ONew Orleans9,730,000
1884 SSan Francisco3,200,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $17.63 as of October 13, 2021. This melt value is calculated from the current silver spot price of $22.80 per ounce.


The 1884 silver dollar with no mint mark is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $55 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $260.


The 1884 CC silver dollar is worth around $155 in very fine condition. In extremely fine condition the value is around $160. In uncirculated condition the price is around $265 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $365.


The 1884 O silver dollar is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $150.


The 1884 S silver dollar is worth around $32 in very fine condition. In extremely fine condition the value is around $85. In uncirculated condition the price is around $7,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $225,000.

Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were only 875 proof coins minted.

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Grading System

Very fine- About two thirds of Liberty"s hair lines from above her forehead her ear are visible.

Extremely fine- Liberty"s hair lines and ear look strong.




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MS 60 Uncirculated condition- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 Uncirculated condition- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.


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