Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: New Orleans
Mintage: 5,708,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $14.48 (2/23/2020)
Diameter: 38.1mm
Edge: Reeded
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1881 O $1 MS obverse 1881 O $1 MS reverse
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Description & Analysis

As opposed to the San Francisco issue of this date, the 1881-O Morgan is much harder to come by in mint state. Some 5.7 million pieces were struck, but it seems the majority of those went into circulation. Whereas NGC has graded over 100,000 MS64 1881-S Morgans, only about 4,300 examples have achieved that grade from the New Orleans Mint. (11/2016)

GRADE SUMMARY

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Price Guide

Last Updated: 11/21/2019

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

1881 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 32.00 35.00 38.00 40.00 42.00 45.00 50.00 55.00 60.00 65.00 75.00 195 1150 9000 - - - -
$ - - - - - - 62.00 70.00 100.00 275 2750 21000 - -
1881 O $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 125 155 195 425 3425 21000 - - - -
$ - - - - - - 140 170 215 800 - - - -
1881 O $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 125 150 185 375 1000 10500 - - - - -
$ - - - - - - 165 215 480 1650 - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 19974
Low Grade: PrAg
Average Grade: 62
High Grade: 66

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.
NGC CENSUS DETAIL Last Updated: 2/18/2020 1881 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base44752318384310730269721310822965841443424769----18749
-----------161846247-----102
----------1--720654-----97
--------------1-------1
Total44752318384310730269821410882990848144314879----18949
 0%0%0%0%0%0%0%0%1%2%4%1%6%16%45%23%3%0%---- 
1881 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------310308616221611131----622
------------12--------3
---------------11-----2
-----------------------
Total---------310308716421611241----627
 ---------0%2%5%14%26%34%18%1%0%---- 
1881 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------1212472082061225-----603
--------------41------5
--------------12------3
-----------------------
Total---------1212472082111255-----611
 ---------0%0%2%8%34%35%20%1%----- 

NGC Registry

NGC Registry Score 1881 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1351431511551671751831902012092202302823815159253281780880918382909211585
1381461521591701781851942042132232473154266521710479079028188861999230
0000001851942042132232473154266521710479079028188861900
0000001881972062162272653484707882496629979978285885500
1881 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base20121222023024125526527828830131733043753994919696509687572557651831510653
20521522323424625826928129230632136647167612893482663170027387787290940
00000026928129230632136647167612893482663170027387787200
00000027428529731232640150581216294996675371287519809400
1881 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123123123127131135143143147151163194216237288597204866166866712477549979
1231231241281321381431441481551732012232543911081357166996952733484960
0000001431441481551732012232543911081357166996952733400
0000001431461501591842092302714941564509367837038754400
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2527
US Type Set, including Modern Issues 862
Morgan Dollars, 1878-1921, One-Per-Date 762
Basic US Type Set, No Gold (7070) 567
Basic US Type Set, with Gold (7070 + Page 5) 509
US Type Set, 1792-1964 419
Silver & Clad Dollar Type Set 341
Morgan Dollars, 1878-1921, Complete 319
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 242
Morgan Dollars, 1878-1921, PL and DPL Only 149
Morgan Dollars, 1878-1921, Circulated Coins Only 125
19th Century Series Type Set, Non-Proofs Only 120
Morgan Dollars, 1878-1921, Top-100 VAMs 118
US Type Set, 1792-1964, Circulated Coins Only 108
New Orleans Morgan Dollars, 1879-1904, Circulation Issue 108
19th Century Series Type Set, Non-Proofs Only - No Gold 77
19th Century Series Type Set, Proofs & Non-Proofs 77
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 77
Basic US Type Set, No Gold (7070), Circulated Coins Only 65
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 57
19th Century Series Type Set, Circulated Coins Only 45
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 44
1881 Mint Set 38
19th Century Series Type Set, Circulated Coins Only (No Gold) 34
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
Morgan Dollars, 1878-1921, Hit List 40 VAMs 26
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 24
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 11
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 6
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 65
Points: 3238
Owner: Burnett
 
Grade: MS 65
Points: 3238
Owner: GSA_Gem_Quest
 
View the Registry Image Gallery

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