AnswerThe value of an 1879 Morgan dollar depends very much on its condition and mint mark. Check above the DO in DOLLAR on the back to see if there's a mint mark letter.
Numismedia lists the following approximate retail values as of 01/2010:
No mint mark:
Very worn condition - $17
Moderately worn - $19
Slightly worn - $21
Almost no wear - $23
Uncirculated - $34-3,000 depending on quality
"S" mint mark:
Very worn condition - $17
Moderately worn - $19
Slightly worn - $20
Almost no wear - $22
Uncirculated - $35-2,000
Note there is a variety of 1879-S with the reverse design from an 1878 coin; this is worth somewhat more.
"O" mint mark:
Very worn condition - $17
Moderately worn - $19
Slightly worn - $20
Almost no wear - $22
Uncirculated - $70-15,000
"CC" mint mark (beware of fakes):
Very worn condition - $127
Moderately worn - $200
Slightly worn - $350
Almost no wear - $2200
Uncirculated - $3700-55,000
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