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To determine the value of $40,000 in 1884 in terms of 2013 dollars, we can use historical inflation rates. Based on average inflation rates in the U.S., $40,000 in 1884 is roughly equivalent to about $1.1 million in 2013, depending on the specific inflation calculator used. This illustrates the significant impact of inflation over time on the purchasing power of money.
Bureau of Labor Statistics was created in 1884.
The number of minted Morgan silver dollars at the Carson City Mint varied each year. Notably, in 1878, 2,300,000 coins were minted, while in 1880, the figure dropped to 1,250,000. The peak year was 1884, with 1,100,000 minted, but in 1885, only 1,000 coins were produced, making it one of the rarest. Overall, the minting figures fluctuated significantly, reflecting the changing demand and production capabilities of the time.
It depends on how thin the wire is. Silver is very ductile. According to one source(*), an ounce of silver can be drawn out into a wire 60 miles long (316,800 feet) - such a wire would make a human hair look very thick by comparison. As a point of comparison, the same source notes that an ounce of gold, the most ductile of metals, can be drawn out into a wire 1300 miles (6,864,000 feet) long! (*) Hassell, Joseph, "Common Things and Elementary Science in the Form of Object Lessons", Blackie & Son, London, 1884. page 326 http://books.google.com/books?id=3qEIAAAAQAAJ&printsec=titlepage&source=gbs_v2_summary_r&cad=0
W hat is the value of a 1885 silver dollar
The 1884 is a common Morgan dollar, values are $17.00-$26.00 for average coins.
20,000
The 1884-o silver dollar is worth $20 to $35 circulated and up to $200 uncirculated. The prices are slowly going up every year.
The 1884 Morgan Dollar is common, average retail value is $23.00-$31.00 for a example in circulated condition
The 1884 Morgan Dollar is common, average retail value is $30.00-$40.00 for a example in circulated condition.
Your 1884 Trade Dollar is a copy or fake with little or no value. There are only 10 known 1884 Trade Dollars and there all Proof coins
The 1884 Morgan Dollar is common, average retail value is $30.00-$40.00 for a example in circulated condition.
If it has one, it's on the reverse above DO in the word dollar.
The date of 1884 would make it a Morgan silver dollar. Assuming the coin is circulated and does not have a mintmark. Current values are from $30.00-$40.00 USD depending on the condition (grade) of the coin.
The 13 stars on the 1884 silver dollar represent the original 13 colonies of the United States. This design was meant to symbolize the unity and history of the nation.
It means it was made at the San Francisco mint.