Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: San Francisco
Mintage: 1,497,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.09 (8/30/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1885 S S$1 MS obverse 1885 S S$1 MS reverse


  
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Description & Analysis

The San Francisco Mint produced a modest number of silver dollars in 1885, just 1,497,000. The date was never considered rare, but its scarcity was certainly known to early 20th century collectors. However, in the late 1940s, during a time of numismatic boom, the price of these coins dropped by nearly 70%. Dave Bowers explains in his Silver Dollar Encyclopedia: "Over the years--since the time of mintage--there had always been a modest supply of Mint State 1885-S dollars on the market; it was never considered to be a rarity. By 1945 the market price had climbed to about $15 per coin. Right after World War II, when the coin market was experiencing a boom, the San Francisco Mint paid out a lot of early Morgan dollars, 1885-S among them. The price dropped to about $5 per coin by 1947."

Today, the typical Mint State Morgan dollar has frosty luster and numerous bagmarks. The strike is generally average at best. The typical surviving example falls in the lowest range of the Mint State grades, MS60 to MS63

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 2/10/2014

Click on a price to see historical prices, comparison charts and trends.

1885 S S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 29.00 34.00 35.00 42.00 70.00 70.00 110 125 145 180 225 265 300 375 690 2250 7500 55000 - - -
$ 80.00 125 140 160 200 250 290 340 635 1125 2900 11500 - -
1885 S S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 235 280 400 660 2650 8000 16000 - - - -
$ - - - - - 260 310 500 875 3750 10500 - - -
1885 S S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 300 400 850 2500 6150 29000 - - - - -
$ - - - - - 330 500 1050 3100 8000 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 6031
Low Grade: G
Average Grade: 62
High Grade: 66


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/6/2014 MS 63   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8105
9/6/2014 MS 63   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 8104


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/10/1999 NGC MS 62   Teletrade Auction 1161, 1161/Lot# 1799 $109.00
6/5/2002 PCGS MS 65   Heritage Auctions 2002 June Long Beach Signature Sale #292, 292/Lot# 6069 $1,495.00
5/5/2003 NGC MS 63   Heritage Auctions 2003 May St. Louis, MO (CSNS) Bullet Sale #319, 319/Lot# 1580 $161.00
2/20/2005 PCGS MS 64   Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1939 $632.50
1/21/2007 PCGS MS 65   Heritage Auctions Exclusively Internet Auction #67014, 67014/Lot# 23886 $1,265.00
2/28/2012 PCGS MS 64   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 8276 $632.50
7/1/2012 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 07/01/2012, 29/Lot# 60363 $112.19
7/21/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 761, 770/Lot# 315 $605.00


NGC Registry

NGC Registry Score 1885 S S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123131151159163251330378409456532642752847908142724644141847289151937735085
1251371531601922773463884244815686787838671081177230235584861912402246130
000000346388424481568678783867108117723023558486191240200
000000362398440506605715815887125421183582702887671588900
1885 S S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1351431671751792723574064424895706807649411345246445235986877292272454144543
13715116917621030037341845751660670882310751718315050106914892314331312080
0000003734184575166067088231075171831505010691489231433100
0000003894304735436437368821210209138365498784390751943600
1885 S S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1551631861982013043954504875396277528741483270539849188965910147134463921671297
1571701901992353344134625045686687921077189031315718934598211124622036499090
000000413462504568668792107718903131571893459821112462203600
000000431474521597710833128022973557745395029984123463062600
Registry Image Gallery
Grade: MS 66
Points: 5584
Owner: AYWP
 
Grade: MS 61
Points: 3639
Owner: GSA_Gem_Quest
 
View the Registry Image Gallery

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