Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: New Orleans
Mintage: 6,090,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $14.18 (2/27/2017)
Diameter: 38.1mm
Edge: Reeded
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1882 O S$1 MS obverse 1882 O S$1 MS reverse


  
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Description & Analysis

In 1882, the New Orleans Mint struck just over six million Morgan dollars. At the time, all dies were made at the Philadelphia Mint, where the mint marks were also placed on the dies. This created the opportunity for varieties to occur, and occur they did this year. It seems that three dies originally prepared with the "S" mint mark of San Francisco has the "O" mint mark for New Orleans placed on top of the "S." This created three very popular varieties that are highly sought after today!

Many examples of this date were found in the treasury releases of the mid 20th century. However, few uncirculated examples of the O over S varieties have been found. In fact, these varieties are often found on lower-grade coins, which points to the conclusion that most of the O/S coins were released into circulation soon after striking.

GRADE SUMMARY

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Price Guide

Last Updated: 4/4/2016

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

1882 O S$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 28.50 29.00 29.50 33.00 35.00 36.00 37.00 40.00 50.00 55.00 63.00 85.00 130 1365 7000 30000 67500 - -
$ - - - - - - - 70.00 95.00 175 1700 11500 40000 -
1882 O S$1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 59.00 68.00 130 190 410 2350 12500 - - - -
$ - - - - - - 75.00 150 265 650 3250 - - -
1882 O S$1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 65.00 120 225 400 1375 6100 41000 - - - -
$ - - - - - - 140 250 475 2150 11500 - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 18333
Low Grade: PrAg
Average Grade: 62
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
11/9/2010 NGC MS 61   Stack's Bowers The November 2010 Baltimore Online Session, 69/Lot# 10764 $36.80
5/29/2011 PCGS MS 64   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 376 $207.00
6/26/2011 NGC MS 63   Teletrade Auction 3090, 3090/Lot# 2361 $63.25
7/7/2011 PCGS MS 64   Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(5), 1157/Lot# 8925 $172.50
3/16/2014 NGC MS 64   David Lawrence Rare Coins Internet Auction # 795, 804/Lot# 185 $145.00
4/27/2014 NGC MS 63   GreatCollections GreatCollections Coin Auctions 04/27/2014, 173/Lot# 187246 $71.50
6/4/2014 PCGS MS 65   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(7), 1206/Lot# 8861 $1,292.50
4/27/2016 PCGS MS 65   Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(6), 1234/Lot# 8319 $998.75


NGC Registry

NGC Registry Score 1882 O S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base115119123127131135143147147151163201216237288450198947567960106531150014450
11612012412813213814414714815517620622325434296329115824885810935124830
0000001441471481551762062232543429632911582488581093500
00000014614715015918821123027139614763834689297551121800
1882 O S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base139143151159167175186194205212223234265437597908267157475973620567758795
1401461541621701791891982072162272443224907011496369658226050639574480
0000001891982072162272443224907011496369658226050639500
0000001912012102192302553805448042083472258986128658500
1882 O S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base171179183190194201201212223234244255366575949202941118929939098681066913464
1741801851911962012052162272372482924367001309272357179083954910135116010
000000205216227237248292436700130927235717908395491013500
000000208219230241251329505824166934177323923697091040200
Registry Image Gallery
Grade: MS 65 DPL
Points: 4111
Owner: coxe
 
Grade: AU 58 PL
Points: 2226
Owner: CarolinaCollector
 
View the Registry Image Gallery

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