Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: San Francisco
Mintage: 1,771,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.17 (7/6/2015)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1887 S S$1 MS obverse 1887 S S$1 MS reverse


  
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VarietyPlus®

Description & Analysis

It seems that a sizeable number of 1887-S dollars were released into circulation shortly after striking. The remainder of the mintage stayed in storage in the mint until the early 1940s, at which time they began to be paid out at face value. As a result, auction results were impressively high for this issue in the early years of the 20th century. Bowers relates that an Uncirculated '87-S was sold at auction for $12.50 in 1914. Like many of the other S-mint issues from the mid and late 1880s, the 1887-S is plentiful in the lower grades of Uncirculated, but very rare in Gem and better grades.

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: 2/4/2015

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

1887 S S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ 29.00 35.00 36.00 38.00 45.00 53.00 60.00 67.00 85.00 175 225 325 800 2800 9400 38000 - - -
$ 50.00 - 62.00 75.00 95.00 185 250 435 1250 3400 - - -
1887 S S$1 MS Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - 120 130 200 350 625 2600 4100 - - - - -
$ - - - - - - 415 800 - - - - -
1887 S S$1 MS Deep Prooflike
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 350 650 3350 10000 32000 - - - - -
$ - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 6509
Low Grade: VG
Average Grade: 61
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/6/2004 PCGS MS 64   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 1083 $575.00
4/12/2009 PCGS MS 61   Teletrade Auction 2678, 2678/Lot# 2201 $138.00
5/29/2011 PCGS MS 65   Bonhams Coins and Banknotes, 19158/Lot# 1106 $1,872.00
7/15/2012 NGC MS 61   Heritage Auctions Internet Coin Auction Session(1), 131230/Lot# 26236 $105.00
2/16/2014 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131408/Lot# 24524 $176.25
10/12/2014 PCGS AU 55   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 223605 $55.00
11/16/2014 NGC MS 62   David Lawrence Rare Coins Internet Auction # 830, 839/Lot# 943 $210.00
3/27/2015 PCGS MS 65   Stack's Bowers March 2015 Baltimore, 6065/Lot# 7201 $1,938.75


NGC Registry

NGC Registry Score 1887 S S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1231311591591671901941982092342923955025978201404275450069094108942655149431
1251401591611741911952012172533264305336711014185435046368969416113341770
000000195201217253326430533671101418543504636896941611300
0000001962052252723604665657451209230442557731102942133200
1887 S S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base13514317517518320921221622736038442357576412712483359451587431110472940354647
1371531751771912102132192713683974736389331675285341155915863617165378170
000000213219271368397473638933167528534115591586361716500
0000002142233153764105247011102207932234636667398412328400
1887 S S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1551631981982052342372412552853515757641193244548108372111047158264373781434
157174198200214235238245265307425638907161032335997837236831264025129563020
00000023824526530742563890716103233599783723683126402512900
000000239250275329500701105020274021718483727365142333443300
Registry Image Gallery
Grade: MS 65
Points: 2754
Owner: Midas Q. Morgan
 
Grade: MS 64
Points: 1404
Owner: Bomber71086
 
View the Registry Image Gallery

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