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: $11.96 (6/24/2019)
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: 6/20/2019

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

1887 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 32.00 35.00 40.00 42.00 45.00 48.00 50.00 55.00 60.00 65.00 75.00 85.00 140 260 1750 27000 - -
$ - - - - - - - 70.00 80.00 100.00 200 490 5300 -
1887 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 100.00 150 190 315 900 4950 - - -
$ - - - - - - - 125 170 230 395 1300 - -
1887 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 170 265 390 815 3000 - - - -
$ - - - - - - - 200 300 500 1450 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 208656
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: 6/19/2019 1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base12342726242131842741649941135468815898582936743424271--205819
-----------2259584981240382131--2282
-------------21569732410010---1148
--------------510321---21
Total123427262421318427416610191145169684913773009745264512--209270
 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----------2315159600721338606---1904
---------------41-1---6
--------------695-----20
-----------------------
Total----------2315159606734344607---1930
 ----------0 %0 %1 %8 %31 %38 %18 %3 %0 %--- 
1887 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-106427944312115----933
--------------1--1----2
--------------111-----3
-----------------------
Total----------1-106428144412216----938
 ----------0 %-1 %7 %30 %47 %13 %2 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/6/2009 NGC MS 66   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 2826 $276.00
6/5/2011 NGC MS 64   Teletrade Auction 3078, 3078/Lot# 2692 $97.75
2/22/2013 PCGS MS 64   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 7586 $188.00
9/8/2013 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 09/08/2013, 91/Lot# 137015 $385.00
12/22/2013 NGC MS 64   GreatCollections GreatCollections Coin Auctions 12/22/2013, 166/Lot# 155970 $181.51
5/4/2014 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 802, 811/Lot# 344 $185.00
7/13/2014 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 07/13/2014, 203/Lot# 206116 $62.70
8/31/2014 NGC MS 65   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 176234 $170.00
12/10/2017 PCGS MS 61   Heritage Auctions Internet Coin Auction Session(1), 131751/Lot# 25450 $57.00


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 2203
US Type Set, including Modern Issues 744
Morgan Dollars, 1878-1921, One-Per-Date 608
Basic US Type Set, No Gold (7070) 487
Basic US Type Set, with Gold (7070 + Page 5) 452
US Type Set, 1792-1964 318
Silver & Clad Dollar Type Set 301
Morgan Dollars, 1878-1921, Complete 194
Morgan Dollars, 1878-1921, PL and DPL Only 144
Morgan Dollars, 1878-1921, One-Per-Mint 128
Morgan Dollars, 1878-1921, Top-100 VAMs 107
19th Century Series Type Set, Non-Proofs Only 96
19th Century Series Type Set, Non-Proofs Only - No Gold 64
Morgan Dollars, 1878-1921, Hot 50 VAMs 61
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 61
19th Century Series Type Set, Proofs & Non-Proofs 59
US Type Set, 1792-1964, Circulated Coins Only 57
Morgan Dollars, 1878-1921, Circulated Coins Only 54
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 50
Basic US Type Set, No Gold (7070), Circulated Coins Only 38
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 37
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 30
19th Century Series Type Set, Circulated Coins Only 27
1887 Mint Set 26
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 26
Morgan Dollars, 1878-1921, Hit List 40 VAMs 25
19th Century Series Type Set, Circulated Coins Only (No Gold) 21
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 3
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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