1885 P Morgan Silver Dollar Value Guide

The 1885 P Morgan Silver Dollar is a cornerstone of American numismatics, representing the industrial output of the Philadelphia Mint following the Bland-Allison Act. Designed by George T. Morgan, this specific Almost Uncirculated example is highly collectible for its sharp details on Lady Liberty's hair and the eagle's breast feathers.

What Is 1885 P Morgan Silver Dollar Worth?

The typical price range for 1885 P Morgan Silver Dollar is $70 - $90 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The current market value for an AU specimen typically ranges from $70 to $90 based on eye appeal.
• The presence of original mint luster, even in Almost Uncirculated condition, can push the price toward the higher end of the range.
• Surface marks, bag scratches, or signs of past cleaning will significantly detract from the coin's $90 valuation.
• The stability of the silver spot market influences the baseline bullion value of its 0.77344 ounces of pure silver.

How to Identify 1885 P Morgan Silver Dollar?

• Verify the absence of a mint mark above the 'DO' in 'DOLLAR' on the reverse, confirming its Philadelphia origin.
• Check for 'AU' (Almost Uncirculated) details, specifically looking for slight wear only on the highest points of Liberty's cheek and the eagle's wing tips.
• Ensure the coin is encased in a protective slab from a reputable grading service to guarantee authenticity and preservation.
• Examine the edge for consistent reeding and the 90% silver composition characteristic of the 1885 mintage.

History of 1885 P Morgan Silver Dollar

The Morgan Dollar is one of the most iconic and collected American coins. Designed by George T. Morgan, it was minted from 1878 to 1904 and again in 1921. Its creation was spurred by the Bland-Allison Act, requiring the U.S. Treasury to purchase and coin a significant amount of silver. The 'P' mint mark indicates it was produced at the Philadelphia Mint. These coins are celebrated for their intricate design featuring Lady Liberty on the obverse and an eagle with outstretched wings on the reverse.