1881 Morgan Silver Dollar
The 1881 Morgan silver dollar is a key coin in the Morgan dollar series, which was minted from 1878 to 1904 and again in 1921.
Designed by George T. Morgan, this silver dollar features Liberty on the obverse and an eagle with outstretched wings on the reverse.
This coin, produced primarily at the Philadelphia Mint, has become highly collectible, known for its silver content and historical significance in American numismatics.
Historical context
The Morgan silver dollar was created to capitalize on the rich silver deposits of the late 19th century and was minted to facilitate commerce and reinforce the silver mining industry.
The 1881 Morgan silver dollar was minted at several U.S. Mint locations, including Philadelphia, New Orleans, and San Francisco. George T. Morgan’s design replaced the more traditional Seated Liberty dollar, and its striking design and large size made it a favorite among collectors.
| Specifications | |
|---|---|
| Size | 38.1 millimeters |
| Denomination | 1 USD |
| Gross Weight | 26.73 grams |
| Actual Silver Weight | 0.7734 troy ounces of silver |
| Fineness/Composition | 90% silver, 10% copper |
| Diameter | 38.1 millimeters |
| Thickness | 2.4 millimeters |
| Specific Gravity | ~10.34 |
| Numismatic Price Range | $20 - $1000 |
Coin description
The obverse of the 1881 Morgan silver dollar features a profile of Liberty, wearing a Phrygian cap adorned with wheat and cotton, symbols of American agriculture. The reverse shows a bald eagle clutching arrows and an olive branch, surrounded by a wreath, symbolizing peace and strength.
The inscriptions on the obverse include "LIBERTY," "E PLURIBUS UNUM," and the date "1881." The reverse reads "UNITED STATES OF AMERICA," "IN GOD WE TRUST," and "ONE DOLLAR."
Cultural and
numismatic significance
The 1881 Morgan silver dollar is a popular coin among collectors for its design, history, and silver content. Its appeal lies in both its role as a representation of American economic history and its intricate design. Coins from this series, especially in high grades or with special mintmarks (such as the "CC" Carson City mint), are highly sought after by numismatists. This coin also holds importance due to its connection to the bimetallic monetary debates of the time and the boom in silver mining.
Numismatic value
The value of an 1881 Morgan silver dollar depends on its condition and mintmark. Circulated coins typically sell for a small premium above their silver melt value, around $20–$30. Uncirculated coins, especially those graded MS-65 or higher, can fetch significantly higher prices, often ranging from $150 to $500 or more.
Proof and rare varieties like the 1881-CC can command even higher prices, sometimes exceeding $1,000 depending on their condition and eye appeal.
Frequently Asked Questions
At Coinfully, we pride ourselves on transparency. Our appraisals are based on the current market value of your dimes, including their silver content (for pre-1965 dimes) and their numismatic value. We provide a detailed breakdown of how we determine your offer so that you can be fully informed and confident in the price you receive.
Yes, we provide full insurance coverage for your shipment. Whether you’re sending Draped Bust dimes, Mercury dimes, or Roosevelt dimes, your coins are insured throughout the entire shipping process, ensuring that your valuable items are protected and safe.
We buy all types of U.S. dimes, including Draped Bust, Liberty Seated, Barber, Mercury, and Roosevelt dimes, and other collectible dimes. Whether your dimes are valuable for their silver content or their collectibility, we’re interested in making you a competitive offer.
There’s no obligation to sell your dimes after receiving an appraisal from Coinfully. We provide a free, no-pressure appraisal service to help you understand the value of your coins. You can choose to sell when you’re ready, with no pressure from us.
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