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: $12.69 (5/23/2018)
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: 1/12/2018

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

1888 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 28.50 29.00 29.50 33.00 40.00 41.00 42.00 45.00 50.00 55.00 60.00 75.00 97.50 230 650 5200 - - -
$ - - - 44.00 - - - 67.00 80.00 125 385 1475 - -
1888 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 65.00 75.00 95.00 175 245 775 2750 - - - -
$ - - - - - - - - - 275 - - - -
1888 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 90.00 125 210 400 600 2600 9950 23000 - - -
$ - - - - - - - 250 450 800 3750 11500 - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 49829
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: 5/21/2018 1888 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base12-51612179206216166450336317195208616080898861--49305
------------1915115157173---389
-------------31217146402---274
---------------1-1----2
Total12-51612179206216166451337517358211846183956911--49970
 0 %0 %-0 %0 %0 %0 %0 %0 %0 %0 %0 %1 %7 %35 %42 %12 %2 %0 %0 %-- 
1888 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------14-103912197263----301
--------------1-------1
--------------1-------1
-----------------------
Total---------14-103912397263----303
 ---------0 %1 %-3 %13 %41 %32 %9 %1 %---- 
1888 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------132378832933---223
---------------1------1
-----------------------
-----------------------
Total-----------132378842933---224
 -----------0 %1 %10 %35 %38 %13 %1 %1 %--- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/27/2004 PCGS MS 63   Teletrade Auction 1901, 1901/Lot# 1702 $55.00
5/6/2006 PCGS MS 65   Heritage Auctions Continuous Internet Auction #66052, 66052/Lot# 24394 $161.00
5/29/2011 PCGS MS 64   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 451 $948.75
7/31/2011 NGC MS 64   Heritage Auctions Internet Coin Auction Session(1), 131132/Lot# 26312 $69.00
10/27/2011 PCGS MS 63   David Lawrence Rare Coins Thursday - Internet Auction # 631, 638/Lot# 5521 $63.00
5/27/2012 PCGS MS 65   Bonhams Coins and Medals, 19995/Lot# 1143 $152.00
1/6/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 01/06/2013, 56/Lot# 93251 $202.40
3/31/2015 PCGS MS 65   Stack's Bowers March 2015 Baltimore, 6065/Lot# 33437 $211.50


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 2012
US Type Set, including Modern Issues 677
Morgan Dollars, 1878-1921, One-Per-Date 525
Basic US Type Set, No Gold (7070) 436
Basic US Type Set, with Gold (7070 + Page 5) 421
Silver & Clad Dollar Type Set 277
US Type Set, 1792-1964 277
Morgan Dollars, 1878-1921, PL and DPL Only 132
Morgan Dollars, 1878-1921, Complete 128
Morgan Dollars, 1878-1921, Top-100 VAMs 101
19th Century Series Type Set, Non-Proofs Only 88
Morgan Dollars, 1878-1921, One-Per-Mint 74
Morgan Dollars, 1878-1921, Hot 50 VAMs 59
19th Century Series Type Set, Non-Proofs Only - No Gold 56
19th Century Series Type Set, Proofs & Non-Proofs 52
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 52
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 38
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 35
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
US Type Set, 1792-1964, Circulated Coins Only 25
Morgan Dollars, 1878-1921, Circulated Coins Only 19
Basic US Type Set, No Gold (7070), Circulated Coins Only 19
1888 Mint Set 18
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 17
19th Century Series Type Set, Circulated Coins Only 15
19th Century Series Type Set, Circulated Coins Only (No Gold) 15
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 10
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 1
Morgan Dollar VAM Varieties 0
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 0
Registry Image Gallery
Grade: MS 67
Points: 4888
Owner: Stiel Coin Collection
 
Grade: MS 65 DPL
Points: 2786
Owner: Midas Q. Morgan
 
View the Registry Image Gallery

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