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1880 Morgan Dollar (No Mint Mark) · graded F12

1880 Morgan Dollar (No Mint Mark) in F12

What does F12 mean on an 1880 Morgan dollar with no mint mark?

An 1880 Morgan dollar with no mint mark graded F12 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and F12 is what a grader called the surface that survived. What that looks like on this coin is below. Where the grade sits against the rungs either side of it, and every way it is written on a slab, are in the table below.

What F12 means

An 1880 Morgan dollar with no mint mark in Fine (F-12) carries moderate wear over the whole coin, but the design is still a relief rather than an outline: the hair above Liberty’s ear and the cotton bolls in her cap keep some separation, the eagle’s breast feathers and the tops of its wings are worn smooth at their highest points while the outline of every feature stays sharp, and LIBERTY on the headband, E PLURIBUS UNUM and the date are full and clear.

A slab, a dealer’s list or a price guide may write this grade F-12. They are the same grade and the same 1880 Morgan dollar with no mint mark.

Where this grade sits

The grades an 1880 Morgan dollar with no mint mark is given run from PO1 to MS70. One step up from F12 is Fine (F-15). In general terms, the higher the grade the more the coin is worth.

How to check this yourself

Sold listings, not asking prices. The link below is already filtered to completed sales of an 1880 Morgan dollar with no mint mark in F12, which is the difference between what somebody paid and what somebody hoped for. Until this site has a researched figure for this grade, that search is the answer — take the middle of several recent sales rather than the highest.

Completed sales of an 1880 Morgan Dollar (No Mint Mark) in F12 →

The metal floor under it

$49.79

0.7734 troy oz silver × $64.38 per troy ounce

$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC

Whatever the market does, an 1880 Morgan dollar with no mint mark cannot be worth less than the metal in it. That figure is what the premium for F12 is measured against, and it moves with the metal price rather than with the coin market.

Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.

1880 Morgan Dollar (No Mint Mark): every grade, the metal and the specification →

Every Morgan dollar date and what it is worth →