Comments on: How much are 6 morgan head dollars and 6 peace head dollars ranging in dates of 1878-1923?

By: fred p

fred p — Sat, 13 Jun 2009 11:51:37 +0000

I do not know the mintmarks (if any), and there are several varieties of the 1878 Morgan Dollar. I have put some sources to get you a range of value. First column is Good condition on up to high grade. You may want to take these to a coin dealer. You may also repost this question in the hobbies section, as there are coin collectors there that can give you their opinions. Hope this helps.

By: Kevin W

Kevin W — Thu, 11 Jun 2009 12:59:59 +0000

I think the “coins in wrappers with a red or blue coin” are US mint sets and proof sets. These had five actual metal coins and a marker in the sixth pouch in a cellophane pack for some years. The value varies with the year but generally the earlier the better.

The Morgan and Peace Dollars would be worth more if they are uncirculated. Also – for some of the years you mention, they can be worth a great deal more if they have a mintmark. On the Morgan dollars this is on the reverse, below the eagle’s tailfeathers, CC, S or O (Carson City, San Francisco, New Orleans). If there’s not a mintmark it was made in Philadelphia. An 1878CC Morgan is a valuable coin in any condition. Certain varieties in 1878 and 1879 had eight tail feathers on the eagle – this was anatomically inaccurate and they changed it to seven, but the 8TF ones can be worth more.

Peace Dollars can also have mintmarks, below “ONE” on the reverse. Exceptionally nice UNCIRCULATED 1922D, 1922S, 1923D and 1923S coins can be worth hundreds to thousands. If theyre circulated though, theyre not worth much more than the silver in them – about $20-25. Same for the Morgans – barring a key date mintmark, circulated common dates are maybe $30 on eBay all day long.

Some Eisenhower dollars, if uncirculated, can be worth a lot – a “type 2″ 1972 in a high grade of mint state has a very high value, but this is a very rare type and its not too likely.

These links are to PCGS – they grade and encapsulate coins in “slabs”, and the prices are for the coins they have graded still in the holders they seal them in. You can figure on about half this amount if your coins arent “slabbed”.

(“Mint State” = MS = uncirculated, and the grades run from MS60 up to MS70 – PCGS is very strict in their grading standards).

By: junk bike

junk bike — Wed, 10 Jun 2009 20:33:00 +0000

Without seeing the coins, it’s very tough to tell. In “average” grade, the older silver dollars you listed can maybe be Ebayed for 10-20 bucks each, which is fair value. I don’t think the Ikes are worth much beyond face value, unless they are immaculate. The proof sets, similarly maybe 10-20 bucks each. I’m not sure on those, because I never collected those. When I say “average” grade, I mean similar grade to what people seem to be hoarding in their closets for whatever reason.

I’ve had various people appraise their collections, but usually it’s just old pocket change and that by itself isn’t groundbreakingly rare. With those types of coins, it really comes down to the value of silver, as well as some nominal value depending on condition. Typically, there isn’t any rare finds, because after all, if it was common, it wouldn’t be rare.

You really need your coins graded to get a better estimate. There’s a huge difference depending on how much wear the coin has, as well as any damage to the coin. Only an expert can really give a good analysis.

In coin collecting, it’s tough to find an expert that’s 100% honest. I find that coin dealers often will lowball the quality of any coins you will want appraised. The only way is to know someone that is trustworthy, expert, and impartial.

Or if you’re looking to sell, just take some very good pictures, put them on Ebay, and you’ll get fair value.