1881 Silver Dollar
The 1881 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Morgan Silver Dollar
Year: 1881
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.06
The US minted the 1881 silver dollar with no mint mark and also the 1881 CC silver dollar, 1881 O silver dollar, and 1881 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
Series | Location | Quantity Minted |
---|---|---|
1881 | Philadelphia | 9,163,000 |
1881 CC | Carson City | 296,000 |
1881 O | New Orleans | 5,708,000 |
1881 S | San Francisco | 12,760,000 |
The US minted the 1881 silver dollar with no mint mark and also the 1881 CC silver dollar, 1881 O silver dollar, and 1881 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath. 1881-S Morgan Silver Dollars (BU) The coinage law of 1873 made no provision for the standard silver dollar. During the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar was used for commercial transactions with the Orient. Current silver melt value. for a 1881 No mint mark is $20.18 and this price is based off the current silver spot price of $26.09 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. Want to join CoinTrackers and Track Your Coins 100% FREE? More of the Same 1884 O Morgan Silver Dollar. 1881 Morgan Silver Dollar Value 1881 Morgan silver dollar value ranges from $24.11 to $25.60 for most circulated examples. With today's silver price theses old silver dollars are worth a nice minimum value. Also, pay particular attention to your coin's condition, top quality silver dollars are of great interest to collectors.
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.06 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.23 per ounce.
1881 Silver Dollar No Mint Mark
The 1881 silver dollar with no mint mark is worth around $30 in very fine condition. In extremely fine condition the value is around $37. In uncirculated condition the price is around $53 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $450.
The 1881 CC silver dollar is worth around $400 in very fine condition. In extremely fine condition the value is around $425. In uncirculated condition the price is around $475 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $750.
The 1881 O silver dollar is worth around $40 in very fine condition. In extremely fine condition the value is around $42. 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 $875.
The 1881 S 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 $45 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $120.
Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were only 984 proof coins minted.
Click here to search for 1881 silver dollars on Amazon.
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.
1881 Silver Dollar Ngc
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.
1881 Silver Dollar Price Guide
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.
Sources:
See also:
1881 Silver Dollar Bu
1882 Silver Dollar
1880 Silver Dollar
1879 Silver Dollar