The 1888 dollar coin is a rare and valuable piece of American history. Only 1,000 of these coins were ever minted, making them highly sought-after by collectors. The 1888 dollar coin is made of gold and has a face value of $1. However, its worth is much higher due to its rarity and historical significance.
Numismatic Value of 1888 Dollar Coin
The 1888 dollar coin is a key date in the Morgan dollar series. It is the only year that the coin was minted with a "CC" mint mark, indicating that it was struck at the Carson City Mint. This makes the 1888 dollar coin even more rare and valuable.
The worth of an 1888 dollar coin can vary depending on its condition. A coin in mint condition can be worth as much as $10,000. However, even a coin in circulated condition can be worth several hundred dollars.
Table 1: Value of 1888 Dollar Coin by Condition
Condition | Mintage | Average Value |
---|---|---|
Mint State | 1,000 | $10,000 |
About Uncirculated | 1,000 | $5,000 |
Extremely Fine | 1,000 | $2,500 |
Fine | 1,000 | $1,000 |
Very Good | 1,000 | $500 |
Historical Significance of 1888 Dollar Coin
The 1888 dollar coin was minted during a time of great economic growth in the United States, and it is a symbol of the country's financial strength. The coin was also used to commemorate the centennial of the signing of the Declaration of Independence.
The 1888 dollar coin is a beautiful and historically significant coin. It is a valuable addition to any collection and is a reminder of the rich history of the United States.
There are many stories of people who have made a profit by buying and selling 1888 dollar coins. Here are three examples:
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