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: $22.01 (8/7/2020)
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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NGC CENSUS
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Price Guide

Last Updated: 5/8/2020

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 PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 85.00 100.00 150 190 690 2000 - - - -
$ - - - - - - - - - 225 - - - -
1888 $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 170 260 420 2500 8725 20000 - - -
$ - - - - - - - 200 390 800 3750 11500 - -

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: 53840
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: 8/4/2020 1888 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base22-618141910266817778532364619216221356323929941--53296
------------1915415457173---395
-------------31324670463---381
---------------2-1----3
Total22-6181419102668177785333658193832253764509931001--54075
 0%0%-0%0%0%0%0%0%0%0%0%1%7%36%42%12%2%0%0%-- 
1888 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------14-164712498254----319
--------------1-------1
--------------1-------1
-----------------------
Total---------14-164712698254----321
 ---------0%1%-5%15%39%31%8%1%---- 
1888 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------132578832933---225
---------------1------1
---------------2------2
-----------------------
Total-----------132578862933---228
 -----------0%1%11%34%38%13%1%1%--- 

NGC Registry

NGC Registry Score 1888 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base13914315115916717518619420521222323426829847172515372631509363551049419587
1401461541621701791891982072162272452783565569961902345255147735135250
000000189198207216227245278356556996190234525514773500
0000001912012102192302572884136401266226642725934911400
1888 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base143151159167175186194201212223234244282336908117327865145725182951089720723
14515316116917818819620421522623725630052699617103572584775999162141720
0000001962042152262372563005269961710357258477599916200
000000198208219230240269318717108422484358654979471002900
1888 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1311351391391431471551671711751792012162302726748381363488861181011418984
1321361391401441501591681721761862062212444067291013253852987450130710
000000159168172176186206221244406729101325385298745000
000000163170174178194211225258540783118837135708878200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2844
US Type Set, including Modern Issues 1005
Morgan Dollars, 1878-1921, One-Per-Date 941
Basic US Type Set, No Gold (7070) 653
Basic US Type Set, with Gold (7070 + Page 5) 588
US Type Set, 1792-1964 511
Morgan Dollars, 1878-1921, Complete 442
Silver & Clad Dollar Type Set 390
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 380
Morgan Dollars, 1878-1921, Circulated Coins Only 184
US Type Set, 1792-1964, Circulated Coins Only 174
Morgan Dollars, 1878-1921, PL and DPL Only 165
19th Century Series Type Set, Non-Proofs Only 139
Morgan Dollars, 1878-1921, Top-100 VAMs 133
Basic US Type Set, No Gold (7070), Circulated Coins Only 108
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 101
19th Century Series Type Set, Proofs & Non-Proofs 99
19th Century Series Type Set, Non-Proofs Only - No Gold 93
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 91
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 90
19th Century Series Type Set, Circulated Coins Only 70
Morgan Dollars, 1878-1921, Hot 50 VAMs 66
19th Century Series Type Set, Circulated Coins Only (No Gold) 51
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 45
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 30
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 30
1888 Mint Set 24
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 16
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 11
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 67
Points: 5298
Owner: dermanwolf
 
Grade: MS 67
Points: 4888
Owner: CdJ
 
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.