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1879 one dollar worth

Updated: 10/24/2023
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Wiki User

13y ago

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There are two things that you need to know about your coin to determine value. The first thing to look at is the mintmark, on a Morgan Dollar, it is above the D and O on the reverse of the coin under the wreath. It will either have a CC, O or S or perhaps even no mintmark. If it has a CC mintmark, it was minted in Carson City and worth more than average. If there is a O it was minted in New Orleans, an S means it was minted in San Fransisco and no mintmark means the coin was made in Philadelphia. Once you know that, you need to know the condition. Do not clean your coin cleaning your coin will only make your coin lose value. Coins in better condition sell for a lot more than barely recognizable coins which might only sell for their silver content. Without knowing those two things, it is impossible to tell you how much your coin is worth.

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13y ago
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6mo ago

In 1879, one dollar had the same face value as it does today. However, due to inflation, the purchasing power of a dollar in 1879 was much higher than it is now. It is estimated that $1 in 1879 would be equivalent to around $27.12 in 2021.

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Assuming no mintmarks, circulated Morgan dollars from 1879 are worth $17.00-$26.00 depending on condition.


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