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Proof Morgan dollars were struck during the duration of the series, spanning from 1878 through 1921. In some cases, these proofs were struck in very limited quantities or as presentation pieces. This was the situation with the so-called 1921 Morgan dollar proofs, which are more accurately referred to as special strikes, made with polished dies and circulation-quality planchets. In other cases, the mintages of proof Morgan dollars ran into the hundreds or thousands, as happened throughout much of the late 19th and very early 20th centuries. In at least one circumstance, proofs represented the only known examples for the year from a particular US Mint facility, as was the case for Philadelphia-minted dollars of 1895.
Proof Morgan dollars are highly collectible, and they enjoy huge collectorship among the legions of Morgan dollar enthusiasts who will spend virtually any amount to obtain at least one example of every kind of Morgan dollar. Such a pursuit is at the very least grandly expensive and in most cases consumes the better part of a decade or more to complete, even when money is no object -- some proof Morgan dollars are just that rare. Proof Morgan dollars present collectors with several challenges, but for the most part assembling a set of all proof Morgan dollars, including the rare branch-mint, 1895, and 1921 proofs, is possible with patience.
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
Designer: George T. Morgan. Weight: 26.73 grams. Composition: .900 silver, .100 copper (net weight .77344 oz. pure silver). Diameter: 38.1 mm. Edge: Reeded. Mints: Philadelphia, New Orleans, Carson City, Denver, San Francisco.
Key to Collecting: Abundant opportunities exist to obtain a single coin for a type. The 1881-S, which at once is the most common Morgan dollar in gem grade and also is one of the sharpest struck, is an obvious candidate. However, it might be fun to add a Carson City coin (such dates as 1882-CC, 1883-CC, and 1884-CC are inexpensive) or one or another of a variety of special interest.
Note: For Morgan-design dollars struck under the 1921 Silver Dollar Coin Anniversary Act, see the end of chapter 19.
Aspects of Striking and Appearance: Striking can vary widely. The best-struck pieces are those made at San Francisco. Check Liberty’s hair above her ear, and, on the reverse, the breast feathers of the eagle. The hair of Liberty might not be completely needlesharp, but it should be close. Once these two points are checked, examine lettering, denticles (usually decent), and other characteristics. Many coins were made from “tired” dies and show graininess or dull surfaces. Eye appeal can vary considerably from deeply rich and frosty to rather flat and insipid.
Proof Coins: Proofs were made of all years in the series. Quality can vary. Especially desired are certain pieces with frosty or “cameo” portraits and devices, often seen in the 1880’s and 1890’s. Many Proofs have been cleaned and thus have hairlines, others are rather dull in appearance. Take your time to select a truly nice one.
Catalog Information
GSID:
74167
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, [Date]
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:
Proof
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Variety:
1878-1921
Coin Date:
Morgan Dollar
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7310
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Coin Value History
Morgan Dollar $1 1878-1921 PR [Type]
Value By Grade
Morgan Dollar $1 1878-1921 PR [Type]
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR69 |
|
$180,000 | $1,234 |
| PR69 | - | $144,000 | $1,234 |
| PR68 |
|
$1,234 | $1,234 |
| PR68 | - | $1,234 | $1,234 |
| PR67 |
|
$1,234 | $1,234 |
| PR67 | - | $1,234 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
1878 7TF $1 Reverse of 1878 PR
Worth: $3,150 – $70,000
1878 7TF $1 Reverse of 1879 PR
Worth: $22,000 – $144,000
1878 8TF $1 PR
Worth: $2,420 – $39,600
1878 8TF $1 Presentation Piece, First Die Pair, VAM-9 SP
1878-S $1 Specimen Strike, VAM-58 SP
1878-S $1 Specimen Strike, Long Knock, VAM-60 SP
Worth: $220,000 – $264,000
1879 $1 PR
Worth: $1,100 – $12,000
1879-O $1 PR BM
Worth: $175,000 – $175,000
1880 $1 PR
Worth: $1,100 – $150,000
1881 $1 PR
Worth: $1,100 – $33,000
1881-O $1 PR BM
Worth: $660,000 – $660,000
1882 $1 PR
Worth: $1,100 – $30,000
1883 $1 PR
Worth: $1,100 – $32,000
1883-O $1 PR BM
Worth: $200,000 – $240,000
1884 $1 PR
Worth: $1,100 – $12,000
1894 $1 PR55 PCGS. PCGS Population: 18 in 55, 332 finer (1/26). CDN: $1,325 Whsle. Bid for NGC/PCGS PR55. Mintage 972....
$2,013
1880 $1 PR60 PCGS. PCGS Population: 9 in 60, 399 finer (11/25). CDN: $2,200 Whsle. Bid for NGC/PCGS PR60. Mintage 1,355. ...
$3,172
1880 $1 PR64 PCGS. CAC. ...
$7,320
1881 $1 PR63 PCGS. ...
$4,514
1889 $1 PR62 PCGS. ...
$4,880
1903 $1 PR67 NGC. ...
$13,420
1895 $1 PR65 PCGS. VAM-3. ...
$97,600
1897 $1 PR61 PCGS....
$2,880
1887 $1 PR66 PCGS....
$6,600
1895 $1 PR50 PCGS. VAM-4....
$43,200
1901 $1 PR68 PCGS. CAC. Ex: Simpson. The Philadelphia Mint struck 813 proof Morgan dollars in 1901, with the coins delivere...
$43,200
1895 $1 PR10 PCGS....
$40,800
1891 $1 PR58 PCGS. PCGS Population: (4/191). Mintage 650. ...
$1,920
1892 $1 PR45 PCGS. PCGS Population: (4/383). Mintage 1,245. ...
$1,440
1894 $1 PR12 NGC. NGC Census: (1/266). PCGS Population: (0/353). Mintage 972. ...
$1,110
1899 $1 -- Cleaned -- ANACS. PR40 Details. Mintage 846....
$384
1888 $1 -- Cleaned -- ANACS Genuine. Proof, Not Graded. Mintage 832. From The Indian Collection. ...
$1,080
1895 $1 VF25 NGC. ...
$33,662
1894 $1 PR53 PCGS. ...
$1,058
1895 $1 --Repaired, Cleaned--ANACS Genuine. Proof. ...
$27,600
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8/8/2024
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7/25/2024
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