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The coin has likely been plated with gold and adds nothing to the value, that now because of the plating is just for the silver in the coin. The plating actually destroyed the collectible value of the coin. It's only worth about $20.00 unless you find someone that wants it.

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Q: What is a 1885 Morgan dollar in gold worth?
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$775 to $785 in average circulated condition.


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The Morgan Dollar is not gold. Since this is the most common date of all the Morgan Dollars, unless it is uncirculated it is worth only a little more than the value of the silver it contains (currently about $12). If it has been gold plated, a collector will only pay the silver value. try this site its useful http://gold-price-blog.info/


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