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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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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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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8+ 1887 Morgan Silver Dollar Value: A Collector's Guide

morgan silver dollar 1887

8+ 1887 Morgan Silver Dollar Value: A Collector's Guide

This particular piece represents a tangible artifact from the late 19th century, specifically a silver coin produced by the United States Mint. Struck from 90% silver, its value extends beyond its precious metal content due to its historical significance and collector appeal. The year it was minted contributes significantly to its collectibility and potential market worth.

Its importance stems from its status as a relic of the American Gilded Age, a period of rapid industrialization and economic transformation. Owning one offers a direct link to this historical era. Furthermore, these coins represent a hedge against inflation and a potentially appreciating asset, making them attractive to both numismatists and investors. Their scarcity, dependent on mint marks and condition, further enhances their desirability and potential value.

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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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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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