Coin Value Finder » 1882 Silver Dollar Value: are “S”, “O”, “CC”, No mint mark worth money?

1882 Silver Dollar Value: are “S”, “O”, “CC”, No mint mark worth money?

You might think that a damaged-looking coin has zero value, but you are wrong, as even the worst-kept silver dollar has a value. This is because regardless, it still contains an amount of silver, and of course a certain number of surviving coins.

The 1882 silver dollar was a major hit to the American public because of its appealing imagery. However, the production of the 1882 Morgan silver dollar has been discontinued, but it’s still very popular.

Ready to explore the value and varieties of this Morgan silver dollar? Stay with us

1882 Silver Dollar Details

  • Category: Morgan Dollar
  • Mints: Philadelphia, San Francisco, New Orleans, Carson City
  • Total Mintage: 27,574,100
  • Face value: $1.00
  • Observe designer: George T. Morgan
  • Reverse designer: George T. Morgan
  • Edge: Reeded
  • Shape: Round
  • Diameter: 38.10 millimeters
  • Thickness: 2.4 millimeters
  • Composition: 90% silver. 10% copper
  • Silver weight: 24 grams
  • Total weight: 26.73 grams

Also Read: Top 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money

1882 Silver Dollar Value Chart

Mint Mark Good Fine Extra Fine Uncirculated
1882 No Mint Mark Morgan Silver Dollar $21.5 $21.5 $24 $45
1882 “S” Morgan Silver Dollar $21.5 $21.5 $24 $45
1882 “O” Morgan Silver Dollar $23 $23 $25 $45
1882 “CC” Morgan Silver Dollar $108 $134 $156 $244

1882 Silver Dollar Values and Varieties Guides

1882 No Mint Mark Silver Dollar Value

1882 No Mint Mark Silver Dollar

  • Type: Morgan dollar
  • Edge: Reeded
  • Mint Mark: None
  • Place of Minting: Philadelphia
  • Year of Minting: 1882
  • Face Value: $1
  • $ Price: $30 – $63,250
  • Quantity Produced: 11,100,000
  • Designer: George Morgan

The largest number of silver dollars was minted in Philadelphia, which was 11,100,000. These coins don’t come with mintmarks, so that’s what differentiates them from the other varieties of 1882 silver dollars.

However, with time, many of these pieces were either damaged beyond recognition or stolen.

So many people are not aware that cleaning a coin too aggressively will reduce its value, thereby making it inferior. Therefore, it’s advisable to stay clear from low-grade specimens that come with a highly reflective surface, because they are rarely cleaned right.

Still, some few silver dollars were able to survive, and they cost about $30 to $50. Depending on their condition, they can go for even $1,500 at auctions.

In 2015, a particular collector set a bid at $32,900 for a silver dollar in mint condition with an MS 67 grading.

Also, 1,100 proof coins were still minted in Philadelphia in the same year, and they were valued based on their preservation level.

In 2011, a PR 68 CAM silver dollar was sold for $63,250, which is the highest recorded sale of the 1882 silver dollar.

1882 “S” Morgan Silver Dollar Value

1882 “S” Morgan Silver Dollar

  • Type: Morgan dollar
  • Edge: Reeded
  • Mint Mark: S
  • Place of Minting: San Francisco
  • Year of Minting: 1882
  • Face Value: $1
  • $ Price: $35 – $27,025
  • Quantity Produced: 9,250,000
  • Designer: George Morgan

In 1882, 9,250,000 silver dollars were produced in San Francisco, with the mint mark “S”. As with the ones produced in Philadelphia, so many were lost, and the surviving ones are worth about $30 – $200.

Many of the “S” series coins were released in the middle of the 20th century, and that’s because they were locked up in the government’s vault. Due to the large releases, this date is among the most common in terms of high grading.

Based on the NGC price guide, in the open market, an 1882 S silver dollar in mint condition is valued at $17,500.

Depending on the condition, you can sell these coins for about $6,500, if it’s in mint state. The highest-graded pieces are those with the MS 66 rating, and they are valued at $9,000.

In 2019, the most expensive S MS 68+ silver dollar was sold at an auction for $27, 025.

1882 “O” Morgan Silver Dollar Value

1882 “O” Morgan Silver Dollar

  • Type: Morgan dollar
  • Edge: Reeded
  • Mint Mark: 0
  • Place of Minting: New Orleans
  • Year of Minting: 1882
  • Face Value: $1
  • $ Price: $35 – $108,688
  • Quantity Produced: 6,090,000
  • Designer: George Morgan

Thanks to the silver content, regardless of the condition of the “O” minted Morgan dollar, it’ll still have a value of at least $35.

In 1882, the number of minted silver dollars produced in New Orleans was 6,090,000, and all of them have weak strikes.

Regardless of their flaw, their values are still as priced as other varieties.

Surprisingly, in a 2015 auction, the MS 68+ rated silver dollar was sold for $108,688, which is expensive considering its obvious flaw.

There’s a big difference between the value of coins with a rating of MS 60 and MS 68, so, you might not get so much value if your silver dollars are of MS 60 rating.

Every slight quality deviation affects coins’ value, and you’d be surprised at how a small deviation can have a huge impact on price. Standard pieces with a rating of MS 65 are valued at $200, but you’ll pay a lot more, even thousands for unique proof-like of the same MS 65 grading.

1882 “CC” Morgan Silver Dollar Value

1882 “CC” Morgan Silver Dollar

  • Type: Morgan dollar
  • Edge: Reeded
  • Mint Mark: CC
  • Place of Minting: Carson City
  • Year of Minting: 1882
  • Face Value: $1
  • $ Price: $200 – $46,000
  • Quantity Produced: 1,133,000
  • Designer: George Morgan

The coins minted in Carson City are considered unique because it wasn’t in circulation for a long time. You can identify these coins by their CC mint mark located on the reverse above the “DO” in DOLLARS.

The total number of minted silver dollars in Carson City was 1,133,000, which is considered quite low, and the majority have faded into extinction by now.

In the 1970s, there was a mass sale of the “CC” minted silver dollars; about 605,000 pieces were sold, and they became really scarce.

Due to this, their value depreciated, and that’s major because of the abrasions that happened as a result of storing them in a canvas bag for over eight decades.

The MS 65 grade of the “CC” minted coins was sold for $46,000 at an auction.

The last value you’ll get for rare silver dollars that have been saved for a long time regardless of their condition is $100, and those that are MS 67 grade are often valued at $6000 to $8000.

Deep mirror-proof-like coins can even sell at $27,000 if they are in mint condition.

History of the 1882 Silver Dollar

1882 Silver Dollar History

Most Americans are of the impression that the Morgan series was the best silver dollar design ever, and you can’t fault them for that.

The Morgan silver Dollar mintage lasted from 1878 to 1921, and the 1882 silver dollar was designed by George Morgan in 1882, and it was obviously named after him.

At the end of the 19th century, the Americans didn’t see the need to get a new silver dollar, but due to political pressure, the need to create a new piece started. Before the release of the new silver coin the Silver Dollar was a very useful coin, but it had bland designs and looked too plain.

In 1878, Congress passed a bill that required the Treasury to buy 2 to 4 million troy ounces of silver bullion every month, to have plenty of silver for the production of new silver dollars.

George Morgan created the design, and his inspiration was a school teacher Anne Williams.

However, after designing the new silver coin, critics named it a Buzzard dollar as a result of the scrawny-looking eagle engraved in the design. Some experts also pointed out that the eight tail feathers depicted in the original design shouldn’t be repeated, instead they should make it seven.

All of these back-and-forth comments resulted in the three other different variations of the 1882 Morgan silver dollar in the first year.

In late 1881 during the Philadelphia Mint, when the other variation observes dies (O/S) were being made, a large number of the reverse dies with the “S” mintmark were overpunched with the “O” mintmark.

This was done to convert several excess “S” dies for New Orleans mint use.

The majority of Americans still categorize the Morgan silver dollar as attractive and unique, and they consider it a remarkable investment due to the constant demand.

Even though the Morgan silver dollar is no longer being produced, it’s still recognized as one of the rarest coins among collectors all over the world.

Collectors are always on the search for Morgan silver dollars in mint condition, but it’s not always such an easy feat. Regardless, these coins were made with the finest of silver, so their condition can range from mint to extremely poor. Even in their extremely poor state, they still have value.

Also Read: Top 19 Most Valuable Morgan Dollars Worth Money

1882 Silver Dollar Grading

The value of the 1882 silver dollar is tied to its scarcity and of course the condition of the coin. Determining the value is easy, after taking into consideration the key factor. Collectors are very keen about the condition of a coin, and because these coins are pretty old, it can be quite difficult to guarantee their condition.

Here’s an outline to help you understand the grading of the 1882 Morgan silver dollar better;

  • Uncirculated: These are the best coins as they are always in mint condition because they spent very little time in circulation.
  • Extremely fine: With these types of coins, you’ll notice very few scratches as they spent a limited time in circulation.
  • Fine: These are for coins that have been circulated for a long time, but haven’t incurred a lot of physical damage.
  • Good: If a coin is graded as “good” it means there are visible signs of wear because they were in circulation for an extended period.

You can check out this video to know the real value of your coin.

1882 Silver Dollar Errors

O Over S Error

1882 Silver Dollar O Over S Error

The only error in the 1882 Morgan silver dollar coin is the O series that has the O struck over the S mint mark. This happened because the dies were firstly designed to be used for the mintage of the San Francisco series, but were later altered to fit in the New Orleans-minted dollars.

The best part about it all is that the error coins will sell at a premium price. For instance, the 1882 O silver dollar with the over S error will sell at $75 in extremely fine condition, and if it’s graded as uncirculated it can sell for about $275.

However, if you can get an uncirculated O over S error 1882 Morgan silver dollar coin, it can be sold for at least $50,000.

To tell if you have the original 1882 silver dollar, you can watch this video.


1. What makes the 1882 silver dollar unique?

Same with other silver dollars, their age plays a major role in why so many collectors are keen on having one in their collection, regardless of the condition. However, they are mostly in search of the ones graded “uncirculated or extremely fine”. Also, the ones minted in Carson City and proof coins are rare to find, because they were minted in low quantities.

2. What’s the value of the most expensive 1882 Morgan silver dollar?

1882 Morgan silver dollars in pristine, uncirculated condition are worth about $20,000 on the open market.

3. What are the best years of the silver dollar?

1888, 1892, 1893, 1895, 1902, and 1903 are the most valuable of the Morgan silver dollar coins. While the San Francisco mintage, it’s the coins produced in 1893.

4. Who is the lady on the 1882 silver dollar?

On the observed side is the Lady Liberty modeled by Anna Williams, while on the reverse side is an eagle with outstretched wings.

5. How much does an original 1882 silver dollar weigh?

The weight of an uncirculated silver dollar is 26.73 grams, while the replicas weigh around 18 to 22 grams.


Even the worst preserved 1882 Morgan silver dollar has its value, and that’s thanks to its silver content.

However, it’s always best to check your Morgan dollars before trading, or buying from anyone willing to sell.

The goal should always be to get a Morgan dollar in pristine condition, or one with “extremely fine” grading.

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