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Understanding the Value of 1881 Morgan Dollars

1881 Morgan Dollar

1881 Morgan Dollar Value: A Collector's Guide

The 1881 Morgan Dollar's value depends on its condition, mint mark, and rarity. Here's a breakdown of its worth in today's market:

Value by Condition (2024 estimates):

  • Good condition ($27 to $30)
  • Fine condition ($32 to $35)
  • Extremely Fine ($36 to $40)
  • Uncirculated (MS-60) ($45 to $55)
  • Uncirculated (MS-65) ($150 to $175)

Value by Mint Mark:

  • 1881 (Philadelphia, no mint mark) ($27 to $175)
  • 1881-CC (Carson City) ($200 to $350+)
  • 1881-O (New Orleans) ($27 to $180)
  • 1881-S (San Francisco) ($27 to $185)

Rare Varieties and Their Value:

  • 1881-O "Doubled Die Obverse" ($100 to $500+)
  • 1881-S "Doubled Die Reverse" ($100 to $500+)
  • 1881 "Spitting Eagle" (Die Break) ($50 to $200+)

For precise identification and valuation of rare varieties, consult a coin error book.