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Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Book Reference
Key to Collecting: The 1888-S is scarce in Mint State in the context of Morgan dollars, but enough exist that there is no diffculty tracking down an example in MS-63 or MS-64. While many if not most San Francisco Morgan dollars are sharply struck, the 1888-S is an exception.
Surface Quality: The strike varies from poor to sharp, with sharp pieces being in the minority. Careful cherrypicking is recommended. The luster of the 1888-S is usually attractive, although there are some exceptions.
Prooflike Coins: Prooflike coins, one-sided as well as two-sided, were plentiful a couple decades ago, but are widely scattered now. These can be very attractive. The Redfield hoard yielded some marvelous DMPL examples.
Mintage and Distribution: Delivery figures by month: January–March, 0; April, 160,000; May, 150,000; June, 239,000; July, 28,000; August, 10,000; September, 70,000; October–December, 0. The 1888-S was distributed in a manner similar to 1887-S. Examples were scarce on the numismatic market in early times, but in 1942 large quantities were released from storage in the San Francisco Mint. From then onward, they were a drag on the market, and as they kept coming out, many if not most were sent to Nevada casinos and elsewhere, to be used in commerce. After the 1950’s, quantities became scarce, and in time the issue became valuable. Relatively few were left by the time of the 1962 through 1964 Treasury release. The Redfield hoard is said to have had 5,000 to 10,000 coins, including thousands of prooflike examples.
VARIETIES:
VAM-2 and 6 show repunching of the S mintmark, mainly as a filling of the interior openings.
Catalog Information
GSID:
7553
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1888
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1888-S
Denomination:
$1
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
657,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7187
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Coin Value History
1888-S $1 MS PL
Value By Grade
1888-S $1 MS PL
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS66 |
|
$17,500 | $1,234 |
| MS66 | - | $14,500 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $41 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $50 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $75 – $42,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $70 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $270 – $5,400
1878 8TF $1 MS
Worth: $40 – $102,000
1878 8TF $1 MS PL
Worth: $200 – $4,400
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $41 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $72 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $45 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $41 – $3,200
1888-S $1 MS63 Prooflike PCGS. PCGS Population: (80/84 and 0/3+). Mintage 657,000....
$900
1888-S $1 MS65 Prooflike NGC....
$2,640
1888-S $1 MS62 Prooflike NGC. NGC Census: (35/145). Mintage 657,000. ...
$660
1888-S $1 MS64 Prooflike PCGS. CAC. PCGS Population: (80/7 and 3/0+). NGC Census: (57/6 and 0/0+). CDN: $880 Whsle. Bid for...
$1,560
1888-S $1 MS66 Prooflike PCGS. CAC. ...
$12,000
1888-S $1 AU58 Prooflike NGC. NGC Census: (5/192). PCGS Population: (0/215). ...
$264
1888-S $1 MS61 Prooflike NGC. NGC Census: (8/177). PCGS Population (11/185). Numismedia Wsl. Price for problem free NGC/PC...
$329
1888-S $1 MS63 Prooflike PCGS. PCGS Population: (79/87 and 0/3+). NGC Census: (83/62 and 1/0+). CDN: $800 Whsle. Bid for NG...
$901
1888-S $1 MS65 Prooflike PCGS. ...
$2,640
1888-S $1 MS62 Prooflike PCGS. PCGS Population (36/136). NGC Census: (27/150). Numismedia Wsl. Price for problem free NGC/...
$352
1888-S $1 PCGS/CAC MS64 PL
$2,450
1888-S $1 MS66 Prooflike PCGS. ...
$16,100
1888-S $1 MS63 Prooflike PCGS. PCGS Population: (80/87). NGC Census: (84/65). CDN: $440 Whsle. Bid for problem-free NGC/PCG...
$384
1888-S $1 MS65 Prooflike PCGS. ...
$2,413
1888-S $1 MS62 Prooflike NGC. NGC Census: (27/146). PCGS Population (36/136). Numismedia Wsl. Price for problem free NGC/P...
$470
1888-S $1 MS64 Prooflike PCGS. PCGS Population: (82/7). NGC Census: (58/6). CDN: $880 Whsle. Bid for NGC/PCGS MS64. ...
$690
1888-S $1 MS63 Prooflike PCGS Secure. CAC. PCGS Population: (79/86 and 0/2+). NGC Census: (85/66 and 1/0+). CDN: $440 Whsle...
$552
1888-S $1 MS65 Prooflike PCGS. ...
$2,640
1888-S $1 MS62 Prooflike PCGS. PCGS Population (35/133). NGC Census: (26/145). Numismedia Wsl. Price for problem free NGC/...
$334
1888-S $1 MS64 Prooflike NGC. NGC Census: (59/6). PCGS Population: (80/6). CDN: $880 Whsle. Bid for problem-free NGC/PCGS M...
$780
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