The 1885-P Morgan Silver Dollar in MS63 condition is a stunning piece of American numismatic history, offering a blend of historical importance, collectible rarity, and investment potential. Let me walk you through why this coin is such a coveted asset:
Historical Significance:
The Morgan Dollar, designed by George T. Morgan, represents a time when the United States was expanding both economically and territorially. The 1885-P (Philadelphia Mint) Morgan Dollar is part of that story. Struck at the Philadelphia Mint, the nation's primary mint, this coin carries special historical weight. Philadelphia Mint coins were known for their superior strikes, and the 1885-P is no exception, often boasting better detail and finish than its counterparts from other mints.
In 1885, the U.S. economy was evolving rapidly, and the Morgan Dollar was a symbol of America's growing prosperity. The coin served as a testament to the nation's monetary strength during the latter part of the 19th century, a period of industrialization and westward expansion.
Rarity:
The 1885-P Morgan Dollar had a substantial mintage of 17.8 million, making it more common compared to other dates in the Morgan series. However, its scarcity in higher grades like MS63 is what adds to its desirability. Many of these coins circulated heavily, and only a limited number have survived in the original mint state. Collectors value coins from the Philadelphia Mint for their sharper strikes and overall quality, and the MS63 grade signifies a coin with solid mint luster, minimal marks, and outstanding visual appeal.
While it’s not among the rarest Morgan Dollars, the 1885-P in MS63 condition is a more affordable option for collectors looking for quality without breaking the bank, making it a fantastic entry point into serious Morgan Dollar collecting.
Estimated Market Value:
The 1885-P Morgan Dollar in MS63 condition is valued at around $170 to $220, depending on the specific coin's eye appeal, strike quality, and current market demand. This makes it an accessible yet highly collectible option for those looking to add a piece of U.S. history to their collection without the premium of rarer dates.
Investment Potential:
Despite being more readily available than some other Morgan Dollars, the 1885-P remains a solid investment due to its consistent demand among collectors and investors alike. Morgan Dollars, in general, have proven to be a stable asset, with steady appreciation over time. Owning a MS63 1885-P allows you to hold a coin with historical importance and a tangible link to America’s past while benefiting from the enduring appeal of silver dollars.
By acquiring the 1885-P Morgan Dollar in MS63 condition, you not only own a visually appealing coin with historical significance but also secure a piece that is likely to grow in value over the years, offering both personal enjoyment and investment growth.
I frequently travel for my day job, but I am committed to getting your product to you as quickly as possible. If an order is placed while I’m on the road, I’ll reach out to keep you informed about the expected shipping timeline. To make up for any potential delay, I’ll include a little something extra in your shipment as a token of appreciation for your patience and understanding.
Shipping / Handling Cost | Cost For Each Additional Item | Service |
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$10.60 | $0.00 | USPS Priority Mail Padded Rate Envelope (2 to 3 business days) |