Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 20,290,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $11.59 (4/25/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1887 $1 MS obverse 1887 $1 MS reverse
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Description & Analysis

The Philadelphia Mint struck over 20 million Morgan dollars in 1887. This date is among the most common in high grade, including Prooflike and Deep Prooflike examples.

GRADE SUMMARY

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Price Guide

Last Updated: 4/24/2019

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

1887 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.50 29.50 31.00 32.50 34.00 35.00 36.00 37.00 40.00 50.00 53.00 60.00 70.00 85.00 180 325 1700 30000 - -
$ - - - - - - - 65.00 78.00 100.00 215 550 5300 -
1887 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 65.00 75.00 90.00 135 165 340 1000 5500 - - -
$ - - - - - - - - 150 230 440 1300 - -
1887 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 90.00 135 210 405 865 3400 - - - -
$ - - - - - - - 145 250 550 1600 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 208005
Low Grade: PrAg
Average Grade: 63
High Grade: 68

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, 68 series.
NGC CENSUS DETAIL Last Updated: 4/23/2019 1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base12342626232131842731639711129568542896162933543334281--205178
-----------2259584981240382131--2282
-------------2156853191009---1130
--------------510321---21
Total12342626232131842731659961139269411911233006045174512--208611
 0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %5 %33 %44 %14 %2 %0 %0 %-- 
1887 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------2315157597720336596---1895
---------------41-1---6
--------------685-----19
-----------------------
Total----------2315157603732342597---1920
 ----------0 %0 %1 %8 %31 %38 %18 %3 %0 %--- 
1887 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-106427844312115----932
--------------1--1----2
--------------111-----3
-----------------------
Total----------1-106428044412216----937
 ----------0 %-1 %7 %30 %47 %13 %2 %---- 

Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
4/28/2019 MS 67   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(3), 1294/Lot# 4215
4/28/2019 MS 67   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(5), 1294/Lot# 7848
4/28/2019 MS 67   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(5), 1294/Lot# 7849


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/21/2004 NGC MS 65   Heritage Auctions Exclusively Internet Auction #24094, 24094/Lot# 12598 $110.40
1/3/2005 NGC MS 63   David Lawrence Rare Coins Year End Internet-Only Auction, 27/Lot# 751 $36.80
6/5/2006 NGC MS 66   Heritage Auctions 2006 June Long Beach Online Session #409, 409/Lot# 8666 $322.00
5/29/2011 PCGS MS 65   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 1007 $437.00
4/15/2012 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 04/15/2012, 18/Lot# 46307 $67.10
10/29/2012 NGC MS 63   Teletrade Auction 3372, 3372/Lot# 2876 $75.00
9/29/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 09/29/2013, 94/Lot# 139036 $130.90
7/4/2014 PCGS MS 65   Stack's Bowers iAuction 3489, 6040/Lot# 21454 $152.75


NGC Registry

NGC Registry Score 1887 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base135143151155167175183190201209220230255272437541820148340837917859811294
137145152159169177185193203212223238260327471634104123495361814494960
000000185193203212223238260327471634104123495361814400
000000187197206216226246266382506727126232166639837100
1887 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1431511551631751831902012092202302412623545349901707322523018302900714574
14515215716717718519320321222323324829241468612292213322543018537108620
0000001932032122232332482924146861229221332254301853700
0000001972062162262372553234748381468271932256301877200
1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123135139143143143147147151155163194209223272339563113821907638830211240
12713614014314314414714815215717319921323929441375414884006785992810
00000014714815215717319921323929441375414884006785900
00000014714915316018320421825531648894618395822808000
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2113
US Type Set, including Modern Issues 716
Morgan Dollars, 1878-1921, One-Per-Date 571
Basic US Type Set, No Gold (7070) 462
Basic US Type Set, with Gold (7070 + Page 5) 437
US Type Set, 1792-1964 298
Silver & Clad Dollar Type Set 285
Morgan Dollars, 1878-1921, Complete 150
Morgan Dollars, 1878-1921, PL and DPL Only 136
Morgan Dollars, 1878-1921, Top-100 VAMs 104
Morgan Dollars, 1878-1921, One-Per-Mint 102
19th Century Series Type Set, Non-Proofs Only 90
Morgan Dollars, 1878-1921, Hot 50 VAMs 59
19th Century Series Type Set, Non-Proofs Only - No Gold 57
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 54
19th Century Series Type Set, Proofs & Non-Proofs 52
US Type Set, 1792-1964, Circulated Coins Only 44
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 43
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 37
Morgan Dollars, 1878-1921, Circulated Coins Only 31
Basic US Type Set, No Gold (7070), Circulated Coins Only 27
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 26
1887 Mint Set 24
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 21
Morgan Dollars, 1878-1921, Hit List 40 VAMs 17
19th Century Series Type Set, Circulated Coins Only 16
19th Century Series Type Set, Circulated Coins Only (No Gold) 14
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 11
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 2
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 67
Points: 4006
Owner: AYWP
 
Grade: MS 67
Points: 4006
Owner: Midas Q. Morgan
 
View the Registry Image Gallery

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