1887 Morgan Dollar Value
|
Year – Type
|
Business
|
Proof
|
VG8
|
VF20
|
EF45
|
AU55
|
MS63
|
MS65
|
|
1887
|
20,290,000
|
710
|
$24
|
$25
|
$30
|
$44
|
$79
|
$153
|
|
1887 PL
|
|
$101
|
$239
|
|||||
|
1887 DMPL
|
$145
|
$579
|
1887 Morgan Dollar Value Facts:
1887 Morgan Dollar Value is affected in part by the price of silver, but mostly their value is determined by their mintage (survival rate), their grade and condition.
The mintage is how many were minted by the United States Mint and survival rate is how many 1887 Morgan Dollars have survived over the years. Grade is how much wear the coin has sustained during its time in circulation, and grades are from Fair 1 through MS68, so a G4 (Good) 1887 Morgan Dollar is worth at least $25 and one graded MS64 (Mint State) is worth around $90.
An 1887 Morgan Dollar graded value also depends on which grading service certified the coin with PCGS bringing top value and NGC, ANACS and ICG following in that order. Any other grading service holder is usually considered a raw coin by serious coin collectors and the experts.
Collectors should be warned about counterfeits and fakes because they’re numerous and some are dates and mints that never existed; while others can be housed in fake grading holders. You can learn more about fake and counterfeit Morgan Dollars HERE.
Specifications:
- Designer: George T. Morgan
- Diameter: 38.1 millimeters
- Metal Content:
- Silver – 90%
- Copper – 10%
- Weight: 26.73 grams
- Edge: Reeded
- Mint mark:
- None (Philadelphia Mint)
- D (Denver Mint – 1921 only)
- S (San Fransisco Mint)
- O (New Orleans Mint)
- CC (Carson City Mint)
- Mintage
- Business: 20,290,000
- Proofs: 710
Note: This George T. Morgan creation has become America’s most collected, famous, and abundant silver dollar. Coupled with the coin’s size, silver content, beautiful design and high mintages it’s no wonder it’s coin collectors most favorite coin.
1887 VAM Values
‘-‘ indicates no coins sold at these grades
‘¹‘ indicates on Top 100 list
‘²‘ indicates on Hot 50 list
|
VAM
|
Short Description
|
G4
|
F12
|
EF40
|
AU55
|
MS63
|
MS65
|
|
1A
|
Donkey Tail, Die Break bottom right of ‘D’ in ‘DOLLAR’¹
|
– | – | $352 | $523 | – | – |
|
1B
|
‘E’ Clash reverse²
|
– | – | $528 | $984 | $8,225 | – |
|
2
|
7/6, curved line through bottom stem of 7¹
|
– | – | $84 | $147 | $851 | $2,421 |
|
5
|
Doubling is most prominent on last 87¹
|
– | – | – | – | $108 | $246 |
|
12
|
Alligator Eye, Dbl’d vertical line at front of Liberty’s eye¹
|
– | – | – | – | $105 | $223 |
|
12A
|
Dbl’d ‘LIBERTY’, Alligator Eye, Clashed Obv Die ‘st’¹
|
– | – | – | – | $94 | $246 |
|
25A
|
1A is LDS of 25; Donkey Tail, Die Break bottom right of ‘D’ in ‘DOLLAR’¹
|
– | – | – | $535 | – |
– |