Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 9,163,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.59 (10/18/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1881 $1 MS obverse 1881 $1 MS reverse
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Description & Analysis

With a mintage of over 12.7 million coins, the 1881-P Morgan dollar is by no means a rare coin today. In fact, it seems a large number of them survived in original bags until long after they were struck. It is common to find this issue heavily abraded however, which likely occurred when those original bags were moved. Thus, the 1881-P Morgan dollar is common in grades MS63 and below, but becomes increasingly hard to find in higher grades.

GRADE SUMMARY

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Price Guide

Last Updated: 8/16/2019

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

1881 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 32.00 35.00 38.00 40.00 42.00 45.00 50.00 54.00 61.00 65.00 85.00 165 525 2000 18000 - - -
$ - - - - - - 62.00 70.00 105 190 775 4750 19750 -
1881 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 135 185 490 2250 4000 - - - -
$ - - - - - - 95.00 155 225 650 - - - -
1881 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 150 200 275 650 2000 11000 - - - - -
$ - - - - - - 225 350 875 3500 - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 12538
Low Grade: PrAg
Average Grade: 63
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1881 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2231223153117397011241240130749484595656532---12168
-------------8423071----88
--------------229074----123
-------------1-2-2----5
Total2231223153117397011241240131650124717670602---12384
 0 %0 %0 %0 %0 %0 %0 %0 %0 %1 %1 %0 %2 %11 %40 %38 %5 %0 %0 %--- 
1881 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------11121343879671----261
-----------------------
--------------11------2
-----------------------
Total---------11121343889771----263
 ---------0 %0 %5 %5 %16 %33 %37 %3 %0 %---- 
1881 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------2418383314-----109
-----------------------
-----------------------
-----------------------
Total-----------2418383314-----109
 -----------2 %4 %17 %35 %30 %13 %----- 

Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
10/23/2019 MS 65   Heritage Auctions Tuesday & Wednesday US Coins Weekly Online Auction Session(2), 131943/Lot# 27598


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/4/1995 PCGS MS 66   Heritage Auctions 1995 October Long Beach Bullet Sale #143, 143/Lot# 395 $2,420.00
4/6/1998 PCGS MS 64   Teletrade Auction 1038, 1038/Lot# 1789 $70.85
9/15/2003 NGC MS 65   Goldberg September 15-17, 2003 Pre-Long Beach Coin and Currency Auction, 21/Lot# 615 $546.00
3/20/2006 NGC MS 66   David Lawrence Rare Coins Internet Auction # 79, 84/Lot# 796 $3,277.50
6/29/2014 NGC MS 64   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 200839 $131.00
7/4/2014 NGC MS 64   Stack's Bowers iAuction 3489, 6040/Lot# 21395 $132.78
10/12/2014 NGC MS 61   GreatCollections GreatCollections Coin Auctions 10/12/2014, 190/Lot# 158576 $67.00
  PCGS MS 65   Bonhams $936.00
12/3/2015 NGC MS 66   Heritage Auctions 2015 December 3 - 6 Houston Money Show US Coins Signature Auction - Houston Session(2), 1227/Lot# 3831 $1,645.00


NGC Registry

NGC Registry Score 1881 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base135143147151159163163163167171179234258288502113825013482637695642165540563
137144148153160163163164168173197242268359714159228284446743813594279570
00000016316416817319724226835971415922828444674381359400
00000016316516917621525027843092620463155541185011762400
1881 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base155163198198201201201205205230251248298615138121246139109699753139173298861216
157174198199201201202205213237251264403870162834627749109691114120274423970
00000020220521323725126440387016283462774910969111412027400
000000203205221244251281509112518764800935910969125292663100
1881 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base12313113513914314714714715115516320121623029851714042985613992432106639626
12513213614014414714714815215717520622025237181219314036717313184272520
0000001471481521571752062202523718121931403671731318400
00000014714915316018821122527544411082458508782081712500
Registry Image Gallery
Grade: MS 65
Points: 1404
Owner: Cody71086
 
Grade: MS 65
Points: 1404
Owner: Coinbuf
 
View the Registry Image Gallery

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