What is the value of an 1886 platinum dollar coin?

Answer 1

This coin is normally called a Morgan dollar after its designer. The "American Eagle" term is only used for the modern series of 1-oz. silver bullion coins that carry an artificial $1 denomination. Please see the Related Question for more details

Answer 2

6-23-11>>> Assuming the coin is circulated, the 1880 Morgan dollar is considered common. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values for low grade coins are $36.00-$37.00, better grade are $38.00-$39.00 and coins showing almost no wear run from $40.00-$44.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.

Answer 3

Please check again. The Denver Mint opened in 1906.

Answer 4

There's no such coin. If you have a large (38.1 mm) dollar with a spread-winged eagle on the back and Miss Liberty on the front, it's made of silver.

Answer 5

1886 is not considered a rare date.

In circulated condtion, it's worth about $20

A nice uncirculated one is worth about $50

Answer 6

No Carson City dollar coins were struck in 1886 -- you have a counterfeit.