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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 1884 Philadelphia Mint dollar is readily available in Mint State and has been for many years, even before the Treasury releases of the early 1960’s. Quality varies all over the place, from sharp and lustrous to rather insipid. Today, while the 1884 remains plentiful in terms of single coins, quantities are seldom encountered.
Surface Quality: The striking varies but is usually average or above average. The luster varies from deeply frosty (and desirable as such) to rather grainy and insipid.
Prooflike Coins: Some prooflike pieces exist and are in the distinct minority.
Mintage and Distribution: Although Treasury Department figures for monthly production of 1884 have not been seen for the months from January to June, 1884, the numbers afterward are these: July, 1,000,000; August, 1,200,000; September, 1,200,000; October, 1,300,000; November, 1,350,000; and December, 1,280,165. This would indicate a rate of more than a million dollars per month to create an ultimate total of 14,070,000. Circulation strikes of the high-mintage 1884 dollar have been common from day one. Apparently, many were turned loose in the channels of commerce in the 1880’s, while millions others remained stored in 1,000-coin cloth bags. This reserve was tapped on occasion in the 1950’s, when there were calls by banks for Morgan dollars for use as holiday gifts and souvenirs.
PROOF STRIKES:
Mintage: 875, all from a single pair of dies. First struck on January 3, 1884, per a Mint record book.
Key to Collecting: Good strike and deep cameo contrast.
VARIETIES:
At least 60 die pairs were employed to coin 1884-dated Morgan dollars at the Philadelphia Mint. By 1992, Van Allen and Mallis identified 12 varieties with features such as having a dash under the 8 (VAM 2, 6, 7, and 11, such dashes thought to have been placed in the working die to aid the positioning of the four-digit date logotype), “Very Far Date” (VAM-9, with first digit of date especially far to the left of the neck of Liberty), and a couple of varieties with slight doubling (VAM-10 with doubled 188, stars, and facial features; VAM-12 with some reverse letters doubled).
Catalog Information
GSID:
7493
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1884
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:
1884
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
14,070,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7151
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Coin Value History
1884 $1 MS PL
Value By Grade
1884 $1 MS PL
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) |
|---|---|---|---|
| MS67 |
|
$19,000 | $1,234 |
| MS67 | - | $15,500 | $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 |
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
1884 $1 MS62 Prooflike NGC. NGC Census: 49 in 62, 211 finer (11/25). CDN: $125 Whsle. Bid for NGC/PCGS MS62. Mintage 14,070...
$149
1884 $1 MS66+ Prooflike PCGS. PCGS Population: (6/1 and 4/0+). Mintage 14,070,875....
$3,240
1884 $1 Doubled Ear, VAM-5, MS64 Prooflike PCGS. CAC. A Hot 50 Variety. PCGS Population: (1/0). NGC Census: (0/0). MS64....
$1,500
1884 $1 MS63 Prooflike PCGS. Mintage 14,070,875. ...
$204
1884 $1 MS61 Prooflike PCGS. PCGS Population: (22/419 and 0/13+). NGC Census: (17/249 and 0/0+). CDN: $110 Whsle. Bid for N...
$114
$1 1884 PCGS MS65 PL
$764
1884 $1 MS67 Prooflike PCGS. CAC. ...
$15,600
1884 $1 Doubled Ear, VAM-5, MS62 Prooflike PCGS. Hot 50 Variety. PCGS Population: (1/3). NGC Census: (0/0). MS62. ...
$216
1884 $1 MS66+ Prooflike PCGS. CAC....
$6,600
1884 $1 MS64 Prooflike NGC. Mintage 14,070,875....
$300
1884 $1 PCGS MS63 PL
$160
1884 $1 MS61 Prooflike PCGS. PCGS Population: (19/381). NGC Census: (47/404). ...
$89
1884 $1 MS65 Prooflike PCGS. CAC. PCGS Population: (37/8). NGC Census: (21/6). CDN: $550 Whsle. Bid for problem-free NGC/PC...
$576
1884 $1 MS62 Prooflike PCGS. PCGS Population: (79/323). NGC Census: (124/308). MS62. ...
$94
1884 $1 MS66+ Prooflike PCGS. CAC....
$6,600
1884 $1 Large Dot, VAM-3, MS64 Prooflike PCGS. A Top 100 Variety. PCGS Population: (3/0 and 0/0+)....
$840
1884 $1 MS63 Prooflike NGC. NGC Census: (173/143). PCGS Population: (150/170). MS63. From the Dunleavy Collection. ...
$113
Multiple Coin Lot...
$264
1884 $1 MS65 Prooflike PCGS. PCGS Population: (35/7). NGC Census: (20/6). CDN: $660 Whsle. Bid for problem-free NGC/PCGS MS...
$504
1884 $1 NGC MS62 PL
$85
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