I have this coin that I would like to sell. Purchased it in 1987 through the Numismatic Investments of New England. Can anyone help me to establish today's value as gold and silver is at an all time high. Have documentation available to authenticate its rating...whatever that is worth since it was sitting in a safety deposit box for over 20 years. Many thanks.
The 1879-S is a common date, and really doesn't bring a large amount of money until the higher grades (*Assuming it's not a Reverse of '78, which is worth way more). Numismedia puts the price of a 64 at $91 and a 65 at $201 (which is a decent range for a PCGS/NGC graded coin). I'm not familiar with Numismatic Investments of New England so I'm not sure how accurate their grading was (which can make a big difference). I believe they're out of business now, but from this article it appears they were a very big company: - Inc. Article | Inc.com Which makes me a little leery of the grade. Pictures of the coin would really give us a much better idea of a grade.
Welcome to the neighborhood! We would need good photos to give you an accurate idea of its grade and value. The 1879-S Reverse of '79 (SAF) is a common date coin with a mintage of 8.6 million. On the other hand, it could be a Reverse of '78 (PAF) with a mintage of 500,000 which could make it worth more. Chris
But now considerably less. If your coin was graded by a top tier TPG, and is the common reverse, it would possibly sell in the $90 range as stated above. Here's an NGC MS-64 on the 'Bay right now: http://www.ebay.com/itm/NGC-1879-S-MS64-MORGAN-SILVER-DOLLAR-LITE-RAINBOW-RIM-TONING-FROSTY-LUSTER-/250895893756?pt=Coins_US_Individual&hash=item3a6a8f84fc
If it is an old ANACS documentation, it may be a considerably higher grade and worth more than an MS-64 price. You should definitely post pics so we can see.
