Answer
As with any collectible, a primary consideration in determining its value is its condition (or grade). Novice collectors, with some practice, can become quite accurate in determining grades for circulated coins (G-4 through AU-50). It becomes much more difficult when assigning grades for Uncirculated coins (MS-60 through MS-70) or Proof coins (PF-60 through PF-70) and the assistance of an experienced coin collector or trusted coin dealer should be sought.
Another consideration is whether the coin has a mintmark, indicating where the coin was made: D = Denver O = New Orleans S = San Francisco CC = Carson City
Coins struck in Philadelphia generally do not bear a mintmark. There are other mintmarks, but the above list covers most.
There are many Internet and printed resources in helping determine the appropriate grade for a coin. Whichever resource you choose to use, ensure that they follow the grading guidelines established by the American Numismatic Association (ANA).
Unless you have indicated the mintmark of the coin, the following is a value range for the coin in question, struck in Philadelphia and is taken from the Numismatic News Coin Market Monthly Price Guide for April 2007:
VG8- $16.50 F12- $17.50 VF20- $18.00 XF40- $20.00 AU50- $22.00 MS60- $36.00 MS63- $47.00 MS65- $425.00
I hope this has answered your question. If not, try phrasing your question differently or providing additional information and I will do my best to answer. Please remember to leave feedback. Thank you.
MGirard
Answer
1882 is a relatively common date for Morgan Dollars. In circulated condition it's worth $8-$10
Answer
Also please note that ALL U.S. coins bear the motto "E Pluribus Unum" ("From many, one") so this is not a distinguishing characteristic of a coin. The denomination, date, mint mark, and condition are the most helpful characteristics to start with.
First answer by Mgirard. Last edit by Mgirard. Contributor trust: 101 [recommend contributor]. Question popularity: 30 [recommend question]
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