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: $14.42 (9/23/2019)
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: 8/16/2019

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 44.50 46.00 47.50 55.00 60.00 65.00 75.00 85.00 140 260 1750 23000 - -
$ - - - - - - - 70.00 80.00 100.00 200 490 5300 -
1887 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 100.00 150 190 315 850 4950 - - -
$ - - - - - - - 125 170 230 395 1300 - -
1887 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 170 265 390 725 2500 - - - -
$ - - - - - - - 200 300 500 1300 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 209582
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: 9/17/2019 1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base123427262421318427616510141145669287900692944943544335--206731
-----------2259685481940482131--2296
-------------21572333110115---1187
--------------510321---21
Total123427262421318427616710391155470161916213018745394626--210235
 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----------2315162608724338606---1918
---------------41-1---6
--------------695-----20
-----------------------
Total----------2315162614737344607---1944
 ----------0 %0 %1 %8 %32 %38 %18 %3 %0 %--- 
1887 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-106427944312016----933
--------------1--1----2
--------------111-----3
-----------------------
Total----------1-106428144412117----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
3/2/1998 NGC MS 65   Teletrade Auction 1028, 1028/Lot# 1790 $92.65
2/27/2003 NGC MS 64   Heritage Auctions 2003 February Long Beach Signature Sale #314, 314/Lot# 7426 $126.50
9/4/2011 PCGS MS 64   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1584 $109.25
7/22/2012 NGC MS 64   Heritage Auctions Internet Coin Auction Session(1), 131231/Lot# 28343 $62.00
3/3/2013 PCGS MS 64   David Lawrence Rare Coins Internet Auction # 741, 750/Lot# 250 $150.00
6/2/2013 NGC MS 63   GreatCollections GreatCollections Coin Auctions 06/02/2013, 77/Lot# 118960 $41.00
8/1/2014 NGC MS 64   Stack's Bowers iAuction 3493, 6044/Lot# 20253 $528.75
8/31/2014 NGC MS 63   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 152954 $100.00
8/7/2016 NGC MS 64   Heritage Auctions Internet Coin Auction Session(1), 131633/Lot# 25383 $470.00


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 2347
US Type Set, including Modern Issues 789
Morgan Dollars, 1878-1921, One-Per-Date 657
Basic US Type Set, No Gold (7070) 511
Basic US Type Set, with Gold (7070 + Page 5) 467
US Type Set, 1792-1964 348
Silver & Clad Dollar Type Set 317
Morgan Dollars, 1878-1921, Complete 236
Morgan Dollars, 1878-1921, One-Per-Mint 164
Morgan Dollars, 1878-1921, PL and DPL Only 148
Morgan Dollars, 1878-1921, Top-100 VAMs 115
19th Century Series Type Set, Non-Proofs Only 104
Morgan Dollars, 1878-1921, Circulated Coins Only 79
US Type Set, 1792-1964, Circulated Coins Only 70
19th Century Series Type Set, Non-Proofs Only - No Gold 67
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 66
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
19th Century Series Type Set, Proofs & Non-Proofs 63
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 56
Basic US Type Set, No Gold (7070), Circulated Coins Only 45
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 40
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 36
19th Century Series Type Set, Circulated Coins Only 31
1887 Mint Set 28
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 28
Morgan Dollars, 1878-1921, Hit List 40 VAMs 26
19th Century Series Type Set, Circulated Coins Only (No Gold) 22
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 14
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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