Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: New Orleans
Mintage: 2,887,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $19.81 (7/29/2021)
Diameter: 38.1mm
Edge: Reeded
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1879 O $1 MS obverse 1879 O $1 MS reverse
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Description & Analysis

The New Orleans Mint struck over 2.8 million Morgan dollars in 1879. However, the majority of these were placed directly into circulation. Some have survived in mint state, but they tend to be on the lower end of mint state, around MS63-MS64. Gem examples are extremely rare, and command large premiums to choice examples.

GRADE SUMMARY

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Price Guide

Last Updated: 7/29/2021

Click on a price to see historical prices, comparison charts and trends.

1879 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 36.00 40.00 45.00 50.00 55.00 60.00 62.00 65.00 75.00 110 150 165 300 600 3000 12000 - - - -
$ 57.00 61.00 63.00 70.00 85.00 120 155 180 345 800 4000 25000 - -
1879 O $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 125 150 180 250 375 540 1250 10000 - - - - -
$ - - - 135 160 200 285 415 650 2250 - - - -
1879 O $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 300 385 600 950 1900 4250 22500 - - - - -
$ - - - - 325 450 675 1250 2450 10000 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 10625
Low Grade: PrAg
Average Grade: 61
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 7/27/2021 1879 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base436632271011012115351026563133721692557137013712----10197
-----------2131222-----22
------------114234210-----90
-----------------------
Total436632271011012115351026565133921862592141414912----10309
 0%0%0%0%0%0%1%1%2%5%10%5%13%21%25%14%1%0%---- 
1879 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------232622557199441-----323
-----------------------
---------------1------1
-----------------------
Total--------232622557199451-----324
 --------1%1%8%7%17%22%31%14%0%----- 
1879 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------8131225212231----105
--------------1-------1
-----------------------
-----------------------
Total----------8131225222231----106
 ----------8%12%11%24%21%21%3%1%---- 

NGC Registry

NGC Registry Score 1879 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base20521622723724825827228229530832333653989110511753436145464736493154137133
20922023024125126327528629931332740465694412852622442346094801509259867490
00000027528629931332740465694412852622442346094801509200
00000027929130431833247177499815193492448446734866525200
1879 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base40642343945847749451553455357759762010281450249539357374764679248210891011367
41242844546448350152154056158460575611691798297550817465773980198443972911935
0000005215405615846057561169179829755081746577398019844300
0000005285475695906128921309214734556228755578318115867700
1879 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base13113113513914316317117117117922027835152772512713506731775867863854110925
13113213614015016617117117419323930241059390720164776740776788089933611471
0000001711711741932393024105939072016477674077678808900
00000017117117620625932746865910892761604774967771831500
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3591
US Type Set, including Modern Issues 1292
Morgan Dollars, 1878-1921, One-Per-Date 1262
Basic US Type Set, No Gold (7070) 843
Basic US Type Set, with Gold (7070 + Page 5) 745
US Type Set, 1792-1964 696
Morgan Dollars, 1878-1921, Complete 690
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 629
Silver & Clad Dollar Type Set 490
Morgan Dollars, 1878-1921, Circulated Coins Only 311
US Type Set, 1792-1964, Circulated Coins Only 284
New Orleans Morgan Dollars, 1879-1921, Circulation Issue 257
Morgan Dollars, 1878-1921, PL and DPL Only 203
19th Century Series Type Set, Non-Proofs Only 186
Basic US Type Set, No Gold (7070), Circulated Coins Only 179
Morgan Dollars, 1878-1921, Top-100 VAMs 165
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 144
19th Century Series Type Set, Proofs & Non-Proofs 142
19th Century Series Type Set, Circulated Coins Only 124
19th Century Series Type Set, Non-Proofs Only - No Gold 123
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 121
Morgan Dollars, 1878-1921, Hot 50 VAMs 74
19th Century Series Type Set, Circulated Coins Only (No Gold) 70
1879 Mint Set 46
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 21
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 17
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 11
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
Registry Image Gallery
Grade: MS 66
Points: 7317
Owner: jdprice64
 
Grade: MS 66
Points: 7317
Owner: Jeremy D.
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.