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: $17.59 (11/29/2020)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

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: 11/6/2020

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 1000 8000 - - - -
$ 39.00 41.00 43.00 47.00 52.00 57.00 62.00 70.00 100.00 300 2250 20000 - -
1881 O $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 125 155 195 400 3400 18500 - - - -
$ - - - - - 110 140 170 215 900 5000 - - -
1881 O $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 150 185 210 415 1000 10000 - - - - -
$ - - - - - 165 195 250 500 1650 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 20345
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: 11/24/2020 1881 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base46852419434611631972224511233049852943564869----19109
-----------162047247-----105
----------1--721684-----101
--------------1-------1
Total46852419434611631972324611293076859844484979----19316
 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---------310369116421711031----635
------------12--------3
---------------11-----2
-----------------------
Total---------310369216621711141----640
 ---------0%2%6%14%26%34%17%1%0%---- 
1881 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------1312472082041215-----601
--------------41------5
--------------11------2
-----------------------
Total---------1312472082091235-----608
 ---------0%0%2%8%34%34%20%1%----- 

NGC Registry

NGC Registry Score 1881 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1351431511551671751831902012092202302823815159253281780880918382909211585
13814615215917017818519420421322324731542665217104790790281888619992312164
0000001851942042132232473154266521710479079028188861900
0000001881972062162272653484707882496629979978285885500
1881 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base20121222023024125526527828830131733043753994919696509687572557651831510653
205215223234246258269281292306321366471676128934826631700273877872909411186
00000026928129230632136647167612893482663170027387787200
00000027428529731232640150581216294996675371287519809400
1881 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123123123127131135143143147151163194216237288597204866166866712477549979
12312312412813213814314414815517320122325439110813571669969527334849610478
0000001431441481551732012232543911081357166996952733400
0000001431461501591842092302714941564509367837038754400
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3090
US Type Set, including Modern Issues 1089
Morgan Dollars, 1878-1921, One-Per-Date 1037
Basic US Type Set, No Gold (7070) 703
Basic US Type Set, with Gold (7070 + Page 5) 623
US Type Set, 1792-1964 568
Morgan Dollars, 1878-1921, Complete 520
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 457
Silver & Clad Dollar Type Set 415
Morgan Dollars, 1878-1921, Circulated Coins Only 229
US Type Set, 1792-1964, Circulated Coins Only 202
New Orleans Morgan Dollars, 1879-1904, Circulation Issue 192
Morgan Dollars, 1878-1921, PL and DPL Only 179
19th Century Series Type Set, Non-Proofs Only 150
Morgan Dollars, 1878-1921, Top-100 VAMs 144
Basic US Type Set, No Gold (7070), Circulated Coins Only 132
19th Century Series Type Set, Proofs & Non-Proofs 108
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 108
19th Century Series Type Set, Non-Proofs Only - No Gold 105
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 100
19th Century Series Type Set, Circulated Coins Only 86
Morgan Dollars, 1878-1921, Hot 50 VAMs 67
19th Century Series Type Set, Circulated Coins Only (No Gold) 55
1881 Mint Set 47
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 47
Morgan Dollars, 1878-1921, Hit List 40 VAMs 37
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 32
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 17
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 14
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
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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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.