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Proof 1882 Morgan dollars are beautiful coins, most of which are very well struck and show some degree of cameo contrast. In fact, only a small minority of known survivors do not boast some type of cameo contrast, with most designated as cameos and many boasting deep cameo contrast. While most 1882 proofs are found with nice surfaces and good overall eye appeal, only a small share are known in PR65 or higher; most are known in PR60-64.
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 1882 dollar is the next in the continuing series of high-mintage Philadelphia issues. The quality of pieces varies from sharply struck and very attractive to weakly struck and unprepossessing. Many coins are heavily bagmarked. Cherrypicking is advised to track down a piece that is just right, and enough are in the marketplace that you will be crowned with success with relatively little effort.
Surface Quality: Strike varies from excellent to weak. Cherrypicking is recommended. Again, certification services pay no attention, so you need to search on your own or employ a trustworthy dealer on your behalf. The luster ranges from frosty to somewhat dull, suggesting that time spent searching for quality can be advantageous. However, most coins, regardless of strike, are quite lustrous.
Prooflike Coins: Prooflike pieces exist and are in the distinct minority despite the high mintage for this date. Semi-prooflike or low-contrast prooflike coins are the rule.
Mintage and Distribution: The 1882 dollars were released in quantity in the East in early times, again in the 1950’s, and last in the 1962 through 1964 era.
PROOF STRIKES:
Mintage: 1,100. Breen comment: “750 first quarter, 101 second, 100 third, 200 fourth, total 1,151; supposedly 50 melted; leaving 1,101.”25 Two obverse dies and two reverse dies were prepared.
Key to Collecting: Another good vintage year for Proofs—what with excellent strike and deep cameo contrast being the rule. Still, the majority have been cleaned—and those deep mirror fields make hairlines pop out at you.
VARIETIES:
Many varieties from 58 obverse and 60 reverse dies made, but perhaps not all were used. No varieties are dramatic.
Catalog Information
GSID:
7802
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1882
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
Coin Date:
1882
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Mintage:
1,100
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7317
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Coin Value History
1882 $1 PR
Value By Grade
1882 $1 PR
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR68 |
|
$36,000 | $1,234 |
| PR68 | - | $24,000 | $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 |
Morgan Dollar $1 1878-1921 PR [Type]
![Morgan Dollar $1 1878-1921 PR [Type]](https://images.greysheet.com/Ctc/Catalog/20201003/auctions_stacksbowers_com_lots_view_1_1dciu-0.20201003221013187.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $900 – $150,000
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
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
1882 $1 PR62 PCGS....
$2,640
1882 $1 PR64 NGC....
$3,840
1882 $1 PR60 PCGS. PCGS Population: (6/302). NGC Census: (5/246). CDN: $2,150 Whsle. Bid for NGC/PCGS PR60. Mintage 1,100. ...
$2,400
1882 $1 PR65 PCGS. CAC....
$5,760
1882 $1 PR67 NGC. ...
$8,100
1882 $1 PR68★ NGC. ...
$21,000
1882 $1 PR66 PCGS. CAC. ...
$6,300
1882 $1 NGC Proof 61
$1,700
1882 $1 PR63+ NGC. ...
$2,468
1882 $1 Genuine PCGS. Proof. ...
$1,840
1882 S$1
$420
1882 S$1
$483
1882 $1 PR62 PCGS. CAC. This is a razor-sharp and brilliant-white proof that looks better than its assigned grade. Glassy m...
$3,480
1882 $1 PR64 PCGS. ...
$4,020
1882 $1 -- Questionable Color -- PCGS Proof Genuine. Unc. Details. ...
$1,058
1882 $1 PCGS/CAC Proof 65
$6,450
1882 $1 PR67 PCGS. CAC. ...
$20,400
1882 $1 PR68 PCGS. CAC. ...
$26,400
1882 $1 PR66 PCGS. CAC. ...
$7,750
1882 $1 PR61 PCGS. ...
$1,821
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