Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 19,183,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.58 (9/15/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1888 $1 MS obverse 1888 $1 MS reverse
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Description & Analysis

The Philadelphia Mint struck over 19 million Morgan dollars in 1888. Due to this high mintage, this issue is by no means a rare coin. However, quality was hit or miss this year, especially when it comes to the strike quality.

GRADE SUMMARY

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Price Guide

Last Updated: 9/13/2019

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

1888 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 32.00 35.00 38.00 40.00 41.50 44.50 48.50 51.00 56.00 58.00 75.00 85.00 165 490 4200 18500 - -
$ - - - - - - - 70.00 80.00 125 275 1000 5200 -
1888 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 100.00 150 190 690 2000 - - - -
$ - - - - - - - - - 225 - - - -
1888 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 170 265 485 2200 7300 20000 - - -
$ - - - - - - - 200 390 800 3750 11500 - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 53091
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: 9/10/2019 1888 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base22-61713179246817472482352518900219536285919891--52558
------------1915315257173---392
-------------31325265443---380
---------------2-1----3
Total22-61713179246817472483353719066223596407981951--53333
 0 %0 %-0 %0 %0 %0 %0 %0 %0 %0 %0 %1 %7 %36 %42 %12 %2 %0 %0 %-- 
1888 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------14-134112199254----308
--------------1-------1
--------------1-------1
-----------------------
Total---------14-134112399254----310
 ---------0 %1 %-4 %13 %40 %32 %8 %1 %---- 
1888 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------132578832933---225
---------------1------1
---------------1------1
-----------------------
Total-----------132578852933---227
 -----------0 %1 %11 %34 %37 %13 %1 %1 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/21/2004 PCGS MS 66   Teletrade Auction 1899, 1899/Lot# 1728 $577.50
8/8/2005 NGC MS 65   David Lawrence Rare Coins Internet-Only Auction #48, 53/Lot# 1330 $138.00
1/29/2012 NGC MS 67   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 2642 $3,335.00
5/27/2012 PCGS MS 65   Bonhams Coins and Medals, 19995/Lot# 1143 $152.00
5/30/2012 NGC MS 65   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(5), 1171/Lot# 9969 $138.00
12/9/2012 NGC MS 63   GreatCollections GreatCollections Coin Auctions 12/09/2012, 52/Lot# 87126 $66.00
12/5/2014 NGC MS 66   Stack's Bowers iAuction 3511, 6080/Lot# 20407 $446.50
2/1/2015 NGC MS 65   Heritage Auctions Internet Coin Auction Session(1), 131506/Lot# 23556 $199.75


NGC Registry

NGC Registry Score 1888 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base13914315115916717518619420521222323426829847172515372631509363551049419587
1401461541621701791891982072162272452783565569961902345255147735135250
000000189198207216227245278356556996190234525514773500
0000001912012102192302572884136401266226642725934911400
1888 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base143151159167175186194201212223234244282336908117327865145725182951089720723
14515316116917818819620421522623725630052699617103572584775999162141720
0000001962042152262372563005269961710357258477599916200
000000198208219230240269318717108422484358654979471002900
1888 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1311351391391431471551671711751792012162302726748381363488861181011418984
1321361391401441501591681721761862062212444067291013253852987450130710
000000159168172176186206221244406729101325385298745000
000000163170174178194211225258540783118837135708878200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2333
US Type Set, including Modern Issues 783
Morgan Dollars, 1878-1921, One-Per-Date 653
Basic US Type Set, No Gold (7070) 509
Basic US Type Set, with Gold (7070 + Page 5) 465
US Type Set, 1792-1964 344
Silver & Clad Dollar Type Set 315
Morgan Dollars, 1878-1921, Complete 234
Morgan Dollars, 1878-1921, One-Per-Mint 163
Morgan Dollars, 1878-1921, PL and DPL Only 148
Morgan Dollars, 1878-1921, Top-100 VAMs 114
19th Century Series Type Set, Non-Proofs Only 104
Morgan Dollars, 1878-1921, Circulated Coins Only 76
US Type Set, 1792-1964, Circulated Coins Only 68
19th Century Series Type Set, Non-Proofs Only - No Gold 67
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 65
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 35
19th Century Series Type Set, Circulated Coins Only 31
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 28
19th Century Series Type Set, Circulated Coins Only (No Gold) 22
1888 Mint Set 18
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 13
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: 4888
Owner: CdJ
 
Grade: MS 67
Points: 4888
Owner: Goldenboy#1
 
View the Registry Image Gallery

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