The value of an individual 1882 Morgan dollar depends on several factors, including:
- Mintmark: There are three different mintmarks associated with the 1882 Morgan dollar: Philadelphia (no mintmark), Carson City (CC), and New Orleans (O). The Carson City and New Orleans mintmarks are generally more valuable than the Philadelphia mintmark.
- Condition: The overall condition of the coin plays a crucial role in determining its value. Well-preserved coins with original mint luster and minimal wear command higher prices. Coins that are heavily worn or have significant damage will have lower values.
- Rarity: Some dates and mintmarks of the Morgan dollar are rarer than others. The 1882-CC Morgan dollar, for instance, is considered to be one of the rarer dates in the series, contributing to its higher value.
- Numismatic Value: The numismatic value of a coin refers to its desirability among coin collectors. Certain coins may have special characteristics or historical significance that make them more appealing to collectors, resulting in higher values.
Based on these factors, here is a general range of values for the 1882 Morgan dollar:
- Well-worn coins: $200-$500
- Average circulated coins: $500-$1,000
- Uncirculated coins with light wear: $1,000-$5,000
- Uncirculated coins with original mint luster: $5,000-$20,000
- Rare mintmarked uncirculated coins: $20,000-$200,000+
Please note that these values are approximate, and the actual value of a particular 1882 Morgan dollar may vary based on market conditions and the opinions of collectors and dealers. If you have an 1882 Morgan dollar and are interested in determining its exact value, it's best to consult with a reputable coin dealer or numismatic expert.