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Re: Morgan Silver Dollar

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Posted by JeffK on March 21, 2008 at 16:06:26:

In Reply to: Morgan Silver Dollar posted by tim on March 20, 2008 at 23:18:31:

If you simply Google the term "mint mark" you'll find that prior to 1979/80, there's no mint mark on any Philadelphia coins except for the famous "war nickels". So for starters, the lack of a mint mark below the eagle means your coin was struck in Philly.

Next, you have to know the coin's condition - very worn, moderately worn, slightly, or almost like new? (There are actually specific criteria and corresponding letter-number grades, but those more general terms will work if you're not familiar with grading. Ballpark, very worn = G-4, moderate = F-12, slight = VF-20 and nearly new = XF-40.)

The third major determinant is the coin's date. Armed with that info you can find any number of books and sites that list retail and/or wholesale prices. There are 3 sites linked off this one's home page; IMO Numismedia is fairly realistic in its retail listings.

Remember that these are retail prices; if you decide to sell and go to a dealer or one of those travelling coin-buying shows you'll get wholesale which could run 1/3 or more below retail. After all, those guys and gals have to make a profit.

: I have a morgan silver dollar that has no markings for the mint, how can i tell what its worth please help me

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