1882 Morgan Silver Dollar Value

Minimum 1882 Morgan silver dollar value today is $21.72 a price tied to and moving with the value of its silver content.

Uncirculated 1882 Morgan Silver Dollar Value

Note: As to how much your coin is worth, there are two very important points you need to consider and confirm:

1) Identifying which of the four mints struck your coin and its impact on value. Branch mint coins are encountered less often and are worth more.

2) How well has your coin survived until today and in what condition? This alone often has the greatest effect on the value of an 1882 silver dollar.

Collectors and dealers adjust values based on date, mint that produced the coin and its condition. Because of popularity and demand within the Morgan dollar series, there is a remarkably wide range in value for seemingly small differences. As an example, find the small "CC" mintmark on the reverse and your coin is now worth double minimum silver value.

Secondly, highly sought are nice condition coins. The stunning 1882 dollar pictured is a coin priced well over $200 because of its rare condition alone. With such high values when found in these rare states of preservation, judge the condition of your old silver dollar with a critical eye.

Below the value chart are sections covering mintmarks and their locations, also images and detailed descriptions helping judge condition. Using both arrives at an accurate 1882 Morgan silver dollar value.

Mintmark Location 1882-CC Morgan Silver Dollar

Mintmarks placed on these 1882 dollars indicate the branch mint that struck your coin. Philadelphia the main mint did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints. San Francisco struck coins using an "S", New Orleans an "O" and Carson City a "CC" mintmark.

1882 Morgan Silver Dollar Values
 Condition of Coin
  1882 Morgan Silver Dollar Values Updated 10/17/2016
1882 $21.72 $21.72 $24.11 $39.32
1882 CC $66 $81 $94 $143
1882 O $23.06 $23.06 $25.26 $39.32
1882 S $21.72 $21.72 $24.11 $39.32

Judge Your Silver Dollar Value as a Collector

Your 1882 Morgan silver dollar value is not always as clear as it appears on the chart. View your coins with a discerning eye as if you were a collector. Ask, would you want this particular coin as part of a collection? Normal wear is very important to desirability, but also consider the abnormal. Often coins suffer damage over the course of many years, rim bruises, large deep nicks, cuts and often scratches.

Looking at the three coins pictured, all are the very desirable and scarce Carson City silver dollars. Unfortunately, similar to each are the large areas of damage caused by noticeable scratches. These once highly collectible coins are now referred to as "yes it's a rare coin, but…"

Keeping your collector eye in focus, how far is the value reduced by these distractions? The top and middle coins normally valued at twice silver value are reduced to just silver bullion value. Heavy wear to these coins combined with noticeable damage removes them from collectable status. Pictured on the bottom is another large loss, lightly worn and potentially priced over $100 sadly now worth less than half.

These examples are severe in terms of damage and loss of value, but give an insight to the degree coins are studied and collected. Examine your old coins with a critical and "collector" eye, improving your judgment of value.

Distracting Marks Lowers 1882 Morgan Silver Dollar Value

1882 Morgan Silver Dollar Value Rising With Condition

Is your silver dollar mint state? Condition is one of the key elements in an accurate determination coin values. Within the hobby, seeking mint state or "uncirculated" condition silver dollars is high on the list of collectors, here also is where you find top values. Holding your coin next to the images and referring to the descriptions, establishes its "grade" and accurate value.

1882 Morgan Silver Dollar Uncirculated Condition

Uncirculated:  To reach "uncirculated" condition all original, as minted detail remains. None has been removed due to wear. OK are nicks and abrasions from contact with other coins, this is normal due to the minting and storage process of silver dollars. Confirming the uncirculated grade is mint luster remaining on the entire surface, including her chin, neck line and hair below and above the ear. These areas are the first to wear and exhibit a dull and smooth texture once in circulation.

1882 Morgan Silver Dollar Extremely Fine Condition

Extremely Fine:   Slight but obvious removal of design and metal defines a worn silver dollar in "extremely fine" condition. Mint luster is now gone from the large exposed areas, the field in front of Liberty and her face. Small details in her hair are now missing, most noticeable above her forehead and behind her neck. Also the folds in the cap show wear on the highest parts, the result of use and handling. This is a nice coin, with solid 1882 Morgan silver dollar value.

Morgan Silver Dollar Fine Condition

Fine:  Time in circulation has removed a moderate amount of detail on a silver dollar in "fine" condition. Large portions of hair have merged with only the deepest of lines showing. Wheat ears above the lettering of "Liberty" and the cotton blossoms just below are now just outlines. Silver dollars in fine condition give the impression of lost detail but not overly so.

1882 Morgan Silver Dollar Good Condition

Good:  Your 1882 silver dollar in "good" condition is well worn with most of the metal forming the high reliefs of design removed. Liberty's cheek and forehead have blended into one connecting with her hair and cap. The rim is almost gone, however the stars and lettering remain separate of the rim. Giving your coin character, some detail remains, large curls of hair behind the neck and a full "Liberty" in her coronet.

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Preparing to Sell Silver Coins

Silver dollars, the Morgan and Peace series, are in demand by dealers. These old coins are very liquid in the coin collecting market. There are always buyers interested in purchasing your coins. Receive the highest price by separating the collectable from the bullion priced pieces. For more info see the Sell Silver Coins article.