E Pluribus Unum 1879 One Dollar Coin Value
Collecting coins has been a fascinating hobby for many people around the world. The age, condition, rarity, and history of a coin are some of the factors that determine its value. Among the most sought-after coins is the E Pluribus Unum 1879 One Dollar Coin.
History of the E Pluribus Unum 1879 One Dollar Coin
The E Pluribus Unum 1879 One Dollar Coin was minted in Philadelphia, San Francisco, and Carson City. The coin features Lady Liberty on the obverse and an eagle with spread wings on the reverse. The phrase "E Pluribus Unum" is inscribed on a ribbon above the eagle, which means "Out of many, one" and signifies the unity of the United States.
The coin was made of 90% silver and 10% copper, weighs 26.73 grams, and has a diameter of 38.1mm. The San Francisco and Carson City mints produced fewer coins than the Philadelphia mint, making them more valuable.
Factors that Affect the Value of the E Pluribus Unum 1879 One Dollar Coin
The value of the E Pluribus Unum 1879 One Dollar Coin depends on several factors:
- Condition: The condition of the coin is one of the most important factors that determine its value. The coin should be free of scratches, dings, and other damages. A coin in excellent condition will fetch a higher value than a similar coin in poor condition.
- Rarity: The rarity of the coin also determines its value. The San Francisco and Carson City mints produced fewer coins, making them more valuable than the Philadelphia mint.
- Demand: The demand for the coin is another factor that affects its value. If there are many collectors interested in the coin, its value will increase.
E Pluribus Unum 1879 One Dollar Coin Value
The value of the E Pluribus Unum 1879 One Dollar Coin varies depending on its condition, rarity, and demand. As of 2021, the value of the coin ranges from $20 to $5000. A coin in excellent condition from the San Francisco or Carson City mint can fetch a higher value than a similar coin from the Philadelphia mint.
The value of the coin can also increase over time. If the demand for the coin increases and the supply decreases, the value of the coin will go up. However, if more coins are discovered or the demand decreases, the value of the coin may decrease.
Where to Buy and Sell E Pluribus Unum 1879 One Dollar Coin
If you are interested in buying or selling an E Pluribus Unum 1879 One Dollar Coin, there are several options available:
- Online Auctions: Online auctions such as eBay and Heritage Auctions are popular places to buy and sell coins.
- Coin Dealers: Coin dealers specialize in buying and selling coins. They can offer expert advice and help you determine the value of your coin.
- Coin Shows: Coin shows are events where collectors and dealers gather to buy and sell coins.
Conclusion
The E Pluribus Unum 1879 One Dollar Coin is a valuable coin that is highly sought after by collectors. Its age, condition, rarity, and history make it a fascinating addition to any coin collection. If you are interested in buying or selling one of these coins, make sure to do your research and work with a reputable dealer to ensure a fair transaction.