The 1879-S Morgan Silver Dollar is a sought-after coin by collectors, particularly depending on its condition and variety. Here's a breakdown of what to know about this coin:

Mintage and Varieties:

• The San Francisco mint (designated by "S") produced a substantial number of Morgan Dollars in 1879, exceeding 9.1 million. This relatively high mintage means more coins are available compared to scarcer years.
• There are two main reverse design variations for the 1879-S Morgan Dollar:
  • Second Reverse (most common): Features a round breast eagle and slanted top arrow feather.
  • Third Reverse (less common): Showcases a slightly sharper breast eagle and a more upright top arrow feather. The presence of this reverse can increase the value for collectors seeking this variety.

Value Range:

The value of your 1879-S Morgan Silver Dollar can vary significantly depending on its condition and specific variety. Here's a general idea:

• Circulated Condition: These coins have been in everyday use and will show wear and tear. Their value can range from around $39 to $75 depending on the remaining details.
• Uncirculated Condition: Coins that were never circulated and remain in mint state can be significantly more valuable. The grading system (MS-60 to MS-70) determines the exact worth. Generally, higher grades with sharper details and full luster will command premium prices. An MS-64 grade can reach around $141, while exceptionally well-preserved MS-70 coins can reach much higher values.

Additional Factors:

• Variety (Second or Third Reverse): As mentioned earlier, the presence of the third reverse can increase the value for collectors, though not as dramatically as some scarcer Morgan Dollar varieties.
• Toning: Similar to other silver coins, toning can add a unique patina and influence the value for some collectors depending on the color and distribution.

Recommendation:

For an accurate determination of your 1879-S Morgan Silver Dollar's value, it's recommended to get it professionally graded by a reputable service like PCGS or NGC. This grading establishes the coin's condition and variety, providing a more precise market value. This information is crucial if you're considering selling or keeping the coin as part of your collection.