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: $19.03 (9/22/2020)
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: 5/8/2020

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 85.00 120 400 2000 12700 - - -
$ - - - - - - - 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 $ - - - - - - - - - 100.00 140 210 285 535 2900 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: 29995
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: 9/22/2020 1888 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base227910012335115817978951329969487285311630107811452522---28742
------------2123939102----104
------------1633175182----235
-------------1-2------3
Total227910012335115817978951329969490287211702109971480562---29084
 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----------442381342332662----854
---------------21-----3
---------------5------5
-----------------------
Total----------442381342339672----862
 ----------0%0%3%9%40%39%8%0%---- 
1888 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------3943150163283----399
-----------------------
--------------261-----9
-----------------------
Total-----------3943152169293----408
 -----------1%2%11%37%41%7%1%---- 

NGC Registry

NGC Registry Score 1888 O $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base135143151155167175183190201209220230265320477653157332383386353939175283
138146152159170178185194204213223242283372536960212832873437366543720
000000185194204213223242283372536960212832873437366500
0000001881972062162272533024255941266268333373488379100
1888 O $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base15516317117919019820922022723725126229839572512523712651876209234999712664
15816617418319320221322223024225527433050590120724647688581589488108860
0000002132222302422552743305059012072464768858158948800
00000021622523424625828636361510762892558372538696974300
1888 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base123123123127131135151163167171175201216237298395132126995466568462188118
123123124128132140155164168172184206223257330704178036215539586268510
000000155164168172184206223257330704178036215539586200
0000001591661701741922112302783631012224045445611604000
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2937
US Type Set, including Modern Issues 1042
Morgan Dollars, 1878-1921, One-Per-Date 977
Basic US Type Set, No Gold (7070) 680
Basic US Type Set, with Gold (7070 + Page 5) 603
US Type Set, 1792-1964 528
Morgan Dollars, 1878-1921, Complete 474
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 409
Silver & Clad Dollar Type Set 403
Morgan Dollars, 1878-1921, Circulated Coins Only 208
US Type Set, 1792-1964, Circulated Coins Only 186
New Orleans Morgan Dollars, 1879-1904, Circulation Issue 171
Morgan Dollars, 1878-1921, PL and DPL Only 168
19th Century Series Type Set, Non-Proofs Only 145
Morgan Dollars, 1878-1921, Top-100 VAMs 137
Basic US Type Set, No Gold (7070), Circulated Coins Only 122
19th Century Series Type Set, Proofs & Non-Proofs 103
19th Century Series Type Set, Non-Proofs Only - No Gold 101
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 96
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 96
19th Century Series Type Set, Circulated Coins Only 77
Morgan Dollars, 1878-1921, Hot 50 VAMs 67
19th Century Series Type Set, Circulated Coins Only (No Gold) 52
Morgan Dollars, 1878-1921, Hit List 40 VAMs 33
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
1888 Mint Set 26
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 14
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 5
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.