The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
The 1882-S Morgan dollar is an extremely common coin in all grades through MS67, though above that it becomes markedly scarcer. While rare, there are examples grading MS68 and even higher, and in fact this is one of the more affordable, if one can use that term here, of the MS68 Morgan dollars available. PLs are more common than DMPLs, though both types are very rare in the Gem levels.
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-S exists in large quantities in Mint State, so examples can be obtained easily. Most are fairly attractive. Many 1882-S dollars are heavily bagmarked, these fitting into the grade categories from MS-60 to MS-62. Many 1882-S dollars are prooflike, but just a small percentage of Mint State coins are in existence. However, in absolute terms there are enough to supply the demand.
Surface Quality: Striking ranges from sharp to somewhat weak, with most being above average The luster is typically deeply frosty and very attractive, similar to 1881-S.
Prooflike Coins: Prooflike pieces exist with some frequency, some of which are prooflike on just one side. Generally, the contrast between the mirrored fields and the devices is not great.
Mintage and Distribution: Although many 1882-S dollars were paid out in the nineteenth century, it is likely that millions remained in storage in the San Francisco Mint and that some were tucked away in the Treasury Building in Washington, D.C. At the 1926 ANA Convention held in Washington, collectors were delighted to buy Uncirculated coins for face value at the cash window there. During the 1962 through 1964 Treasury release it is estimated that more than 1,000,000 more were disbursed, adding to an already generous supply.
VARIETIES:
Although many die varieties exist from 55 pairs sent to San Francisco, none are particularly widely collected except by specialists. VAM-20 has the S mintmark tilted significantly to the left and is worthy of notice.
Catalog Information
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$10,000 | $1,234 |
| MS68 | - | $5,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $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 |
| 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 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
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