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: $18.77 (12/4/2020)
Diameter: 38.1mm
Edge: Reeded
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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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Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

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NGC CENSUS
AUCTION PRICES REALIZED
NGC REGISTRY
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Price Guide

Last Updated: 7/29/2019

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 23000 - -
$ - - - - - - - 70.00 80.00 100.00 200 490 5300 -
1887 $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 100.00 150 190 315 850 4950 - - -
$ - - - - - - - 125 170 230 395 1300 - -
1887 $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 170 265 450 725 2500 - - - -
$ - - - - - - - 200 300 500 1300 - - -

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: 213836
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: 12/1/2020 1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base223531282722369028819111571193171427912312968943474586--210971
-----------2259886382740980131--2318
-------------21977034611617---1270
--------------511521---24
Total223531282722369028819311821203172314928393044945454897--214583
 0%0%0%0%0%0%0%0%0%0%0%0%1%6%34%43%14%2%0%0%-- 
1887 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------2319167616725337587---1934
---------------41-1---6
--------------695-----20
-----------------------
Total----------2319167622738343588---1960
 ----------0%0%1%9%32%38%18%3%0%--- 
1887 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-106427944311816----931
--------------1--1----2
--------------111-----3
-----------------------
Total----------1-106428144411917----936
 ----------0%-1%7%30%47%13%2%---- 

NGC Registry

NGC Registry Score 1887 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base135143151155167175183190201209220230255272437541820148340837917859811294
1371451521591691771851932032122232382603274716341041234953618144949611859
000000185193203212223238260327471634104123495361814400
000000187197206216226246266382506727126232166639837100
1887 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base1431511551631751831902012092202302412623545349901707322523018302900714574
145152157167177185193203212223233248292414686122922133225430185371086215303
0000001932032122232332482924146861229221332254301853700
0000001972062162262372553234748381468271932256301877200
1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123135139143143143147147151155163194209223272339563113821907638830211240
127136140143143144147148152158173199214239294414755148940067859928111802
00000014714815215817319921423929441475514894006785900
00000014715015416018420421825631748894618395822808100
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3119
US Type Set, including Modern Issues 1089
Morgan Dollars, 1878-1921, One-Per-Date 1043
Basic US Type Set, No Gold (7070) 706
Basic US Type Set, with Gold (7070 + Page 5) 623
US Type Set, 1792-1964 570
Morgan Dollars, 1878-1921, Complete 523
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 460
Silver & Clad Dollar Type Set 416
Morgan Dollars, 1878-1921, Circulated Coins Only 230
US Type Set, 1792-1964, Circulated Coins Only 203
Morgan Dollars, 1878-1921, PL and DPL Only 181
19th Century Series Type Set, Non-Proofs Only 150
Morgan Dollars, 1878-1921, Top-100 VAMs 143
Basic US Type Set, No Gold (7070), Circulated Coins Only 133
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 122
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 87
Morgan Dollars, 1878-1921, Hot 50 VAMs 67
19th Century Series Type Set, Circulated Coins Only (No Gold) 55
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 47
1887 Mint Set 39
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 67
Points: 4006
Owner: AYWP
 
Grade: MS 67
Points: 4006
Owner: Midas Q. Morgan
 
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.