Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: New Orleans
Mintage: 12,150,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $19.95 (1/20/2021)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

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

Over 12 million Morgan dollars were struck in New Orleans in 1888. The majority of these were not very well struck and are often found abraded. However, this issue is still available through gem, but becomes much harder to find in MS66. This date is known for two popular VAM varieties, the "Scarface" die break across Liberty's face, and the "Hot Lips" double die obverse. Both are worth hefty premiums, so keep your eye out for them!

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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Price Guide

Last Updated: 12/3/2019

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

1888 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 32.00 35.00 38.00 40.00 45.00 50.00 55.00 60.00 65.00 70.00 85.00 115 400 2000 13750 - - -
$ - - - - - - - 75.00 90.00 170 600 4800 - -
1888 O $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 85.00 100.00 130 165 200 800 4000 - - - -
$ - - - - - - - - 180 330 1200 10500 - -
1888 O $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 100.00 140 210 300 700 3500 12000 - - - -
$ - - - - - - - - 385 950 7200 - - -

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: 30224
Low Grade: PrAg
Average Grade: 62
High Grade: 67

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.
NGC CENSUS DETAIL Last Updated: 1/19/2021 1888 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base2379101124354160180789513210171497291411765107901452522---28970
------------2124039102----105
------------1633175192----236
-------------1-2------3
Total2379101124354160180789513210171500293311838110061481562---29314
 0%0%0%0%1%1%1%0%0%0%0%0%2%10%40%38%5%0%0%--- 
1888 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------452382341329662----852
---------------21-----3
---------------61-----7
-----------------------
Total----------452382341337682----862
 ----------0%1%3%10%40%39%8%0%---- 
1888 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------3943152163284----402
-----------------------
--------------251-----8
-----------------------
Total-----------3943154168294----410
 -----------1%2%10%38%41%7%1%---- 

NGC Registry

NGC Registry Score 1888 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base135143151155167175183190201209220230265320477653157332383386353939175283
138146152159170178185194204213223242283372536960212832873437366543725547
000000185194204213223242283372536960212832873437366500
0000001881972062162272533024255941266268333373488379100
1888 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base15516317117919019820922022723725126229839572512523712651876209234999712664
158166174183193202213222230242255274330505901207246476885815894881088613297
0000002132222302422552743305059012072464768858158948800
00000021622523424625828636361510762892558372538696974300
1888 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123123123127131135151163167171175201216237298395132126995466568462188118
123123124128132140155164168172184206223257330704178036215539586268518524
000000155164168172184206223257330704178036215539586200
0000001591661701741922112302783631012224045445611604000
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3218
US Type Set, including Modern Issues 1141
Morgan Dollars, 1878-1921, One-Per-Date 1089
Basic US Type Set, No Gold (7070) 739
Basic US Type Set, with Gold (7070 + Page 5) 648
US Type Set, 1792-1964 593
Morgan Dollars, 1878-1921, Complete 556
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 498
Silver & Clad Dollar Type Set 428
Morgan Dollars, 1878-1921, Circulated Coins Only 241
US Type Set, 1792-1964, Circulated Coins Only 218
New Orleans Morgan Dollars, 1879-1904, Circulation Issue 205
Morgan Dollars, 1878-1921, PL and DPL Only 182
19th Century Series Type Set, Non-Proofs Only 154
Morgan Dollars, 1878-1921, Top-100 VAMs 150
Basic US Type Set, No Gold (7070), Circulated Coins Only 143
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 115
19th Century Series Type Set, Proofs & Non-Proofs 111
19th Century Series Type Set, Non-Proofs Only - No Gold 108
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 103
19th Century Series Type Set, Circulated Coins Only 96
Morgan Dollars, 1878-1921, Hot 50 VAMs 71
19th Century Series Type Set, Circulated Coins Only (No Gold) 57
Morgan Dollars, 1878-1921, Hit List 40 VAMs 38
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
1888 Mint Set 28
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 15
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 7
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Registry Image Gallery
Grade: MS 66 DPL
Points: 6518
Owner: coxe
 
Grade: MS 67
Points: 5466
Owner: Patrick m Sulley
 
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.