1881 Morgan Silver Dollar Value

1881 Morgan silver dollar value ranges from $20.74 to $22.02 for most circulated examples.

Uncirculated 1881 Morgan Silver Dollar Value

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.

Without a doubt you have a valuable coin. Now let's accurately find its highest value. Starting with its condition, 1881 silver dollars that have worn surfaces are available to collectors in quantities. Scarce and highly valued are those with no wear or as collectors and dealers term "uncirculated" condition.

Pictured is a prime collector coin. This 1881 dollar is not only uncirculated but its bright original luster is free of contact marks. Value in the market is above $60.

Next, turning to Mintmarks, these are small letters found on the coin and used to identify the different mints producing silver dollars in 1881. Of the four mints involved, Carson City struck just a fraction of the total, considered scarce they are highly collectible and valued today.

Looking at the value chart, those in top condition and rare mintmarks stand out. Both judging condition and finding mintmarks is covered in detail below.

Mintmark Location 1881-CC Morgan Silver Dollar

If your silver dollar was minted at the small branch mint in Carson City you have one of the rare coins of 1881. On the reverse under the knot in the ribbon the different mints placed their mintmark. Carson City used a "CC" mark, New Orleans an "O" and San Francisco an "S" mintmark. If your coin lacks a mintmark it was struck at the main mint in Philadelphia.

1881 Morgan Silver Dollar Values
 Condition of Coin
DateGoodFineExtremely
Fine
Uncirculated
  1881 Morgan Silver Dollar Values Updated 12/5/2016
1881 $20.74 $20.74 $23.03 $37.56
1881 CC $221 $239 $244 $348
1881 O $22.02 $22.02 $24.12 $36.61
1881 S $20.74 $20.74 $23.03 $36.61

Rising Above $100 1881 Morgan Silver Dollar Value

Two different rare 1881 silver dollars are pictured, both are valued by collectors above $100 and are great examples to add to their collections. Condition and eye appeal of the top coin sets it apart from most 1881 dollars, untouched since minted its lustrous and vibrant toning with mark free surfaces showcase the classic beauty of the Morgan design.

Despite light wear the second 1881 silver dollar commands a value well above $100. Minted at Carson City few are available to collectors, scarcity raises the value. Its majestic size, popularity, and the nice original antique look is not hampered by trace amounts of circulation wear. Absent are distracting bumps or scratches typical of large coins. An acceptable amount of wear is distributed evenly across its surface.

Both 1881 dollars pictured represent coins of collector quality and solid value. Examine and judge your coin carefully, it could easily meet the desires of collectors placing your 1881 Morgan silver dollar value above the $100 mark.

Rare 1881 Morgan Silver Dollars

Key to 1881 Silver Dollar Value is Judging Condition

Follow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted "Uncirculated" condition, to a very worn example in "Good" condition. By judging the different stages of wear, a "Grade" is determined. The greater the detail remaining, the greater your 1881 Morgan silver dollar value.

1881 Morgan Silver Dollar Uncirculated Condition

Uncirculated:  A silver dollar in the "uncirculated" grade never saw use in commerce. Your coin must not show any signs of wear and retain the look of brand new, often with natural toning that occurs to silver coins. Look for the first signs of abrasion from wear on the highest part of Liberty's cheek below the eye and the front of her chin. Wear to the surface removes the delicate texture of original mint luster leaving these areas dull.


Morgan Silver Dollar Extremely Fine Condition

Extremely Fine:   Slight wear of design limited to only the tops of the highest points, defines the "extremely fine" grade. Loss of detail is minor with the merging of just a few strands of hair found above Liberty's forehead and below her cap. Folds in the cap also show small amounts of rubbing with a tiny loss of roundness. Your coin still retains a pleasing sharpness in appearance.


Morgan Silver Dollar Fine Condition

Fine:  Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to "fine" condition. Leaves surrounding the cotton blossoms are only outlines lacking inner detail. Many finer strands of hair have worn to the point of combining into larger flattened areas. Your silver dollar gives the impression of wear but not excessive.


1881 Morgan Silver Dollar Good Condition

Good:  Noticeable, heavy wear has reduced the entire design to just a few elements. A silver dollar with extensive wear is designated as "good" condition. Wear has removed most detail leaving Liberty as an outline in low relief. Remaining are a few and now flattened hair curls showing behind her neck and ear. In this condition your 1881 Morgan silver dollar value is tied to bullion silver price.


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