The worth of a United States silver coin from 1879, minted with a denomination of one dollar, hinges on several key determinants. These include the coin’s type (Morgan or Trade dollar), its mint mark (or lack thereof), its condition, and prevailing market demands. Variations in these factors can lead to significant differences in realized prices.
These coins hold historical significance as products of the late 19th century, a period of considerable economic and monetary debate in the United States, particularly concerning the role of silver in the national currency. Their value is further influenced by silver bullion prices and collector interest in specific varieties and mint marks, making them a tangible link to American history and numismatics.