The reverse side of this highly collectible coin showcases a distinctive error, the 1878 reverse image from the San Francisco Mint; only 2% of 1879 Morgan Silver Dollars were minted with the former year's reverse before the correct 1879 reverse die arrived by train from Philadelphia. The 1879-CC Morgan dollar is one of the rarest of the GSA Hoard dollars. From a total mintage of 756,000, just 4,123 specimens were sold in the GSA silver dollar sale in government packaging. Thus, all 1879-CC GSA Morgan dollars command significant premiums, especially those that are still in their GSA packaging (as opposed to merely bearing. USA Coin Book Estimated Value of 1879-O Morgan Silver Dollar is Worth $39 in Average Condition and can be Worth $107 to $4,298 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). 1879 Morgan Dollar With a mintage of more than 14 million, the 1879 Morgan Dollars (Buy on eBay) struck at the Philadelphia Mint were the most abundant issue of the new series at the time. This would remain the case until 1885, when mintages began to swell to higher levels for a period of several years. 1879 S Morgan Silver Dollar Graded MS-66 + $1 MS-66+ PCGS/CAC. Only 1 left in stock - order soon. 1879 Morgan Silver Dollar Almost.

by Les Kendall

1879 was a notable year for the Morgan Silver Dollar. The Morgan design was first released in 1878 and production was increased by using four mints in 1879. There were a number of varieties and a very special ‘Schoolgirl’ pattern dollar.

Morgan Dollar History

The Morgan Dollar was a USA silver coin minted from 1878 to 1904 and then again in 1921. It had a currency value of one US dollar. It is quite large (38.1 mm diameter) and is 90% silver. A more detailed history of the Morgan Dollar is in our article What is a Morgan Dollar?

The name Morgan derives from the designer George T. Morgan (1845-1925). Morgan was originally from Birmingham, England and worked under William Wyon at the Royal Mint. He moved to America in 1876 to become the assistant engraver at the US Mint under William Barber.

1879 Morgan Silver Dollar No Mint Mark

Morgan later became Chief Engraver of the U.S. Mint from 1917 until 1925. He is probably best know for the Morgan Dollar and the ‘Schoolgirl‘ pattern dollar described below, but he designed many other coins too.

The 1879 Dollar

Following the Bland-Allison Act of 1878, the US Treasury began converting silver into coins. To meet the demand four mints were used in 1879 to produce coins:

• Philadelphia (No mint mark)
• San Francisco (Mint mark = “S”)
• New Orleans (Mint mark = “O”)
• Carson City (Mint mark = “CC”)

Mint marks were generally on the reverse just below the wreath.

Philadelphia made the most, around 14.8 million; San Francisco produced over 9 million; New Orleans almost 2.9 million and Carson City about 750,000.

San Francisco had two reverse variants. The 2nd Reverse had one side that had a top arrow feather that runs parallel while the other side has a concave breast. The 3rd Reverse had one side with slanted top arrow feather and a convex breast on the other side.

Carson City had a few problems with the mintmark and are usually classified as CC over CC or Clear CC.

Most of the 1879 coins are affordable except for the Carson City strikes which are a considerably higher price (maybe 10x).

The 1879 Schoolgirl Silver Dollar (Pattern)

George Morgan also created a pattern for another dollar. The coin shows a youthful looking Lady Liberty facing left with her hair tied with a ribbon with LIBERTY inscribed in her hair band. She wears a string of pearls.

The pattern was known to have been struck both in silver and copper. It is a very rare coin, with perhaps only 10-15 in existence. We’re talking big money here. Watch out for fakes.

CoinTrackers.com has estimated the 1879 O Morgan Silver Dollar value at an average of $38, one in certified mint state (MS+) could be worth $2,350. (see details)...

Type:Morgan Silver Dollar
Year:1879
Mint Mark: O
Face Value: 1.00 USD
Total Produced: 2,887,000 [?]
Silver Content: 90%
Silver Weight: 0.7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $38, while one in certified mint state (MS+) condition could bring as much as $2,350 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1879, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: While this coin is very nice the gem this year is the CC version of this coin. This coin seems to sell for $2,300 pretty often, but is often priced much higher.

1879 Morgan Silver Dollar Value Today

Numismatic vs Intrinsic Value:This coin in poor condition is still worth $16.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.

Current silver melt value* for a 1879 O is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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• *list does not count the newer Presidential Dollars

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**When we say that 2,887,000, of these coins were produced or minted in 1879 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

Value Of 1879 Dollar Coin

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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