If the date of a US coin is written without a mintmark, it means that the coin has no mintmark and was (usually) minted in Philadelphia. Coins without mintmarks made in Philadelphia are sometimes referred to as, for example, 1927-P, even though there may be no mintmark on the coin.
What happens if my silver dollar doesn't have a mint mark?
The short is yes; the presence or absence of a mint mark can and usually do affect the coin's value. However, there is no defined rule of thumb to this because each coin is different. In some cases, the mint mark may increase the value, but in others, a no-mint-mark error may increase the worth.May 2, 2013
How much is a Morgan silver dollar worth with no mint mark?
If a Morgan dollar has no mintmark, its value standards at $30 in its fine condition. An equivalent of the dollar without the mint is valued at $33 when in an extremely fine state. The price of an uncirculated MS 60 grade dollar is $55, while an uncirculated 65-grade dollar has a value of $260.
How do I know if my silver dollar is worth money?
Two of the primary ways to determine the value of a silver dollar is its melt value—value determined by the mass of silver contained in the coin itself—and for the rarity of the coin. The melt value of a coin can be determined in an approximate way, based off the value of the precious metal within the silver dollar.Jan 8, 2019
Why do some silver dollars have no mint mark?
No mint marks appeared on circulating coins from 1965 to 1967. The Coinage Act of 1965 eliminated mint marks to discourage collecting while the Mint worked to meet the country's coinage needs. Mint marks were placed on the reverse of coins until 1968 when they moved to the obverse.Dec 3, 2020
Where do you find the mint mark on a 1885 silver dollar?
The US minted the 1885 silver dollar with no mint mark and also the 1885 CC silver dollar, 1885 O silver dollar, and 1885 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
What is the rarest silver dollar?
Bottom Line: 1794 Flowing Hair Silver Dollar The "holy grail" of all silver dollars is a 1794 Flowing Hair, which is believed to be the first silver dollar ever struck by the United States. Numismatist and coin dealer Bruce Morelan bought the coin in 2013, spending $10 million to own this insanely rare coin.Jan 7, 2022
Are coins without mint mark valuable?
Certain dates of proof coins that were accidentally struck without a mintmark can be valuable. For example, a normal circulation strike 1975 Dime is safe to spend as change. However, if you found a 1975 Proof Set with a No S Proof Dime in it, then this would be a very rare piece!
Do all silver dollars have a mint mark?
The dollars were produced every year between 1878 and 1904 at a total of 4 different mints. Each mint, with the exception of Philadelphia, has its own mint mark. In 1921 production was resumed for one year only, with this year being the only one where the Denver mint was used, until 2021.