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: $11.99 (1/20/2019)
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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Price Guide

Last Updated: 4/13/2017

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

1888 O $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 28.50 29.00 29.50 33.00 40.00 41.00 42.00 43.00 50.00 53.00 60.00 75.00 115 600 2300 13750 - - -
$ - - - - - - - 67.00 85.00 170 900 4400 - -
1888 O $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 65.00 75.00 95.00 175 300 1050 5350 - - - -
$ - - - - - - - - 200 365 1575 11750 - -
1888 O $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 90.00 185 325 750 3975 15500 - - - -
$ - - - - - - - - 385 950 7200 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 28158
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: 1/14/2019 1888 O $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base17699111633914916877941249462422263210455105791402422---26934
------------2123737102----100
------------1633159142----215
-------------1-2------3
Total17699111633914916877941249462425265110525107771426462---27252
 0 %0 %0 %0 %1 %1 %1 %0 %0 %0 %0 %0 %2 %10 %39 %40 %5 %0 %0 %--- 
1888 O $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------311974333332692----833
---------------21-----3
---------------41-----5
-----------------------
Total----------311974333338712----841
 ----------0 %0 %2 %9 %40 %40 %8 %0 %---- 
1888 O $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------3839149161283----391
-----------------------
--------------251-----8
-----------------------
Total-----------3839151166293----399
 -----------1 %2 %10 %38 %42 %7 %1 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/7/2001 NGC MS 65   Teletrade Auction 1434, 1434/Lot# 1686 $228.90
2/24/2003 PCGS MS 65   Goldberg February 24-25, 2003 Coin Auction, 17/Lot# 935 $287.50
12/7/2004 PCGS MS 62   Heritage Auctions Exclusively Internet Auction #24122, 24122/Lot# 14361 $34.00
2/24/2009 NGC MS 65   David Lawrence Rare Coins Rocket Sale - Internet Auction # 341, 347/Lot# 10222 $356.50
2/12/2012 NGC MS 63   Teletrade Auction 3223, 3223/Lot# 2050 $60.00
1/13/2013 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 01/13/2013, 57/Lot# 92666 $64.90
7/11/2013 PCGS MS 65   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(5), 1187/Lot# 8394 $499.38
4/14/2014 PCGS MS 65   Stack's Bowers iAuction 3477, 6026/Lot# 20508 $522.88


NGC Registry

NGC Registry Score 1888 $1 MS O Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base135143151155167175183190201209220230265320477653157332383386353939175283
138146152159170178185194204213223242283372536960212832873437366543720
000000185194204213223242283372536960212832873437366500
0000001881972062162272533024255941266268333373488379100
1888 $1 MS O Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base15516317117919019820922022723725126229839572512523712651876209234999712664
15816617418319320221322223024225527433050590120724647688581589488108860
0000002132222302422552743305059012072464768858158948800
00000021622523424625828636361510762892558372538696974300
1888 $1 MS O
 PrAgGVGFVF4045505355586061626364656667686970
Base123123123127131135151163167171175201216237298395132126995466568462188118
123123124128132140155164168172184206223257330704178036215539586268510
000000155164168172184206223257330704178036215539586200
0000001591661701741922112302783631012224045445611604000
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2047
US Type Set, including Modern Issues 698
Morgan Dollars, 1878-1921, One-Per-Date 545
Basic US Type Set, No Gold (7070) 448
Basic US Type Set, with Gold (7070 + Page 5) 427
US Type Set, 1792-1964 286
Silver & Clad Dollar Type Set 282
Morgan Dollars, 1878-1921, PL and DPL Only 133
Morgan Dollars, 1878-1921, Complete 133
Morgan Dollars, 1878-1921, Top-100 VAMs 102
19th Century Series Type Set, Non-Proofs Only 90
Morgan Dollars, 1878-1921, One-Per-Mint 88
Morgan Dollars, 1878-1921, Hot 50 VAMs 58
19th Century Series Type Set, Non-Proofs Only - No Gold 55
19th Century Series Type Set, Proofs & Non-Proofs 53
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 53
New Orleans Morgan Dollars, 1879-1904, Circulation Issue 51
US Type Set, 1792-1964, Circulated Coins Only 29
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
Morgan Dollars, 1878-1921, Circulated Coins Only 24
Basic US Type Set, No Gold (7070), Circulated Coins Only 20
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 18
1888 Mint Set 17
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) 14
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 3
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Registry Image Gallery
Grade: MS 66 DPL
Points: 6518
Owner: coxe
 
Grade: MS 66
Points: 3621
Owner: AYWP
 
View the Registry Image Gallery

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