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: $11.38 (8/17/2018)
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: 1/23/2018

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

1887 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 28.50 29.00 29.50 33.00 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 3850 -
1887 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 65.00 75.00 90.00 135 180 340 1000 5500 - - -
$ - - - - - - - - 150 230 440 1300 - -
1887 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 90.00 135 210 450 1250 3550 - - - -
$ - - - - - - - 145 250 550 1600 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 203231
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: 8/13/2018 1887 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base11332625222129822661549081095666394883822881439753522--200416
-----------2259584680440381131--2270
-------------215629282638---999
--------------410311---19
Total11332625222129822661569331105367259898252950241203743--203704
 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----------1313154593718336616---1885
---------------41-1---6
--------------686-----20
-----------------------
Total----------1313154599730343617---1911
 ----------0 %0 %1 %8 %31 %38 %18 %3 %0 %--- 
1887 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-106327444412315----930
--------------1--1----2
--------------111-----3
-----------------------
Total----------1-106327644512416----935
 ----------0 %-1 %7 %30 %48 %13 %2 %---- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/5/2005 NGC MS 63   David Lawrence Rare Coins Internet-Only Auction #52, 57/Lot# 678 $44.85
6/8/2008 NGC MS 64   Deep Prooflike Teletrade Auction 2539, 2539/Lot# 2167 $201.60
2/1/2009 PCGS MS 66   Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1198 $258.75
11/25/2012 NGC MS 64   GreatCollections GreatCollections Coin Auctions 11/25/2012, 50/Lot# 81469 $74.80
9/23/2013 NGC MS 62   Teletrade Auction 3449, 3449/Lot# 1907 $80.00
7/4/2014 NGC MS 65   Stack's Bowers iAuction 3489, 6040/Lot# 21455 $162.15
2/28/2016 NGC MS 64   Heritage Auctions Internet Coin Auction Session(2), 131610/Lot# 23559 $1,116.25
4/27/2016 PCGS AU 55   Heritage Auctions 2016 April 27 - May 1 CSNS US Coins Signature Auction - Chicago Session(6), 1234/Lot# 8397 $940.00
12/10/2017 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(1), 131751/Lot# 25455 $109.00


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 2015
US Type Set, including Modern Issues 679
Morgan Dollars, 1878-1921, One-Per-Date 529
Basic US Type Set, No Gold (7070) 437
Basic US Type Set, with Gold (7070 + Page 5) 420
Silver & Clad Dollar Type Set 278
US Type Set, 1792-1964 277
Morgan Dollars, 1878-1921, PL and DPL Only 132
Morgan Dollars, 1878-1921, Complete 129
Morgan Dollars, 1878-1921, Top-100 VAMs 102
19th Century Series Type Set, Non-Proofs Only 88
Morgan Dollars, 1878-1921, One-Per-Mint 74
Morgan Dollars, 1878-1921, Hot 50 VAMs 60
19th Century Series Type Set, Non-Proofs Only - No Gold 55
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 53
19th Century Series Type Set, Proofs & Non-Proofs 52
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 38
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 36
US Type Set, 1792-1964, Circulated Coins Only 26
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
1887 Mint Set 22
Morgan Dollars, 1878-1921, Circulated Coins Only 21
Basic US Type Set, No Gold (7070), Circulated Coins Only 19
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 18
Morgan Dollars, 1878-1921, Hit List 40 VAMs 17
19th Century Series Type Set, Circulated Coins Only 15
19th Century Series Type Set, Circulated Coins Only (No Gold) 15
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 9
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
Morgan Dollar VAM Varieties 0
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 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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