1879-O Morgan Dollar

Discussion in 'What's it Worth' started by Rock5456, Sep 9, 2011.

  1. Rock5456

    Rock5456 New Member

    Just wondering what this might be worth. Thanks
     

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  3. skbrooks1369

    skbrooks1369 Active Member

    I'm guessing right around $35.00. (Melt + a couple bucks)
     
  4. Rock5456

    Rock5456 New Member

    Wow, I thought it would be more than that. What condition is it in? I am new at this.
     
  5. skbrooks1369

    skbrooks1369 Active Member

    Check out the PCGS price guide, Heritage Auctions ended listings, numismedia.com and there are many books on grading morgan dollars. I'm new, too! It appears to me to be in VF35 or EF40 condition. It has a lot of wear and even thought it's a 'better-date' morgan dollar, it's not a key-date coin.

    Others are free to challenge my grading. Like I said, I'm new, too. :)

    Spencer
     
  6. Rock5456

    Rock5456 New Member

  7. BUncirculated

    BUncirculated Well-Known Member

    No higher than VF, worth melt + a couple $s like you said.
     
  8. lkeigwin

    lkeigwin Well-Known Member

    I'm not sure why anyone would call it a "better-date". That overused term certainly doesn't apply to an 1879-O Morgan.

    This raw coin is worth melt, no more, in anything under AU. A very sweet AU58, graded and slabbed by PCGS, might be worth $50.
    Lance.
     
  9. redwin117

    redwin117 Junior Member

    If you put this coin on line auction I think let's say $ 40.00 minus 10% average- $ 4.00 then minus your shipping cost of let's say 3.00 including Tracking confirmation plus Gas expenses I think this coin will be worth only $ 30.00.
     
  10. jello

    jello Not Expert★NormL®

    Thanks for sharing this one

    1879-O is a key date coin. you may want put in some acetone and distilled water see if you can get it to clean up but DO Not rub it clean,get a can air cleaner.you may find a vam hiding on it?
    who know what could be hide under that grime.it could bump the price up a lot or not.It worth check out.

    :kewl:
    http://www.vamworld.com/1879-O+VAMs
    www,ashmore.com/vam/update
    http://dmplvam.com/VAM/1879/
     
  11. tdec1000

    tdec1000 Coin Rich, Money Poor :D

    1879-O is NOT a key date coin at all!! A condition rarity in high grades 65 and beter.
     
  12. jello

    jello Not Expert★NormL®

    2,88700 minted & 1st New Orleans Minted Morgan Dollar.
    87% were sent in to circulation
    according to Q Dave Bower a 1879-O is a key Date.
    But I not going to argue about it.
     
  13. jloring

    jloring Senior Citizen

  14. jloring

    jloring Senior Citizen

  15. Boxeldercoin

    Boxeldercoin New Member

    1879-o Morgans are a condition rarity not a key date. I do not get excited about them until they get to MS64 or higher.
     
  16. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Agreed, once you get into the upper MS grades these quick expensive quick...much faster than most Morgan's. Also, on a side, the 1879-O is known for being a pretty well stuck date so none of what we are seeing could be considered a weak strike with this coin. Clearly it has been circulated...but it is all wear, unlikely any is from a weak strike.
     
  17. Treashunt

    Treashunt The Other Frank

    agrred w/ Bowers, but he is talking about mint state coins being better and this is a circ & cleaned at that


    Bowers is talking about gem pieces.
     
  18. redwin117

    redwin117 Junior Member

    Here is my Two 1879 O Morgan Uncirculated Toned & Frosty Cartwheel Luster..



    [​IMG][​IMG][​IMG][​IMG]
     
  19. CamaroDMD

    CamaroDMD [Insert Clever Title] Supporter

    Are you certain they are MS...I see what looks like luster breaks on the hair above the ear on both coins.
     
  20. redwin117

    redwin117 Junior Member

    in my honest opinionm yes both coin is MS.
     
  21. BUncirculated

    BUncirculated Well-Known Member

    He never stated that anywhere in his book on Morgan Dollars. The only thing he mentioned about the 79O's were that they have the reverse of the 79 with slanted arrow feathers, but then goes on to mention the weak strikes known from the New Orleans Mint.
     
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