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A popular O-mint issue, this Morgan dollar is common through MS66 and progressively scarcer above that with each higher grade point. There are a few very rare MS68s that trade on scant occasion. PLs and DMPLs are widely available, though as this designation is much sought-after, prices are strong. PLs and DMPLs.
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 1885-O dollars were among the bonanza delights of the 1962 through 1964 Treasury releases, after which bags were common, all filled with bright, sparkling coins—but not necessarily well struck or with deep luster. Today, cherrypicking is the order of the day, but with so many coins from which to choose, the exercise will not take much time. Be advised that at coin shows not all dealers want fussy buyers poking around piles of Morgan dollars to find choice ones or, worse (in their view), obscure VAM varieties. One leading dealer was all heated up at a convention after having several Morgan dollar “weenies” (as he called them) in succession stop at his table and ask to look for die varieties. They didn’t buy anything, not because they did not want to, but because the dealer never gave them a chance.
Surface Quality: The strike can range from flat at the centers to fairly sharp, the same general rule being applicable to other New Orleans pieces of the era. Luster ranges from frosty to grainy or dull. Cherrypicking is advised.
Prooflike Coins: Some are seen with prooflike dies, but usually not with great contrast against the devices.
Mintage and Distribution: Delivery figures by month: May, 900,000; June, 925,000; July, 100,000; August, 600,000; September, 800,000; October, 800,000; November, 800,000; December, 800,000. Many 1885-O dollars were paid out in the early years, and as a result these were common in circulation. Mint bags from storage were paid out in later years as well. In November 1962 and for a short time afterward many bags were released from a Philadelphia Mint vault sealed in 1929, exhausting the supply. It is believed that the bulk of about 10,000,000 coins from that vault were 1883-O, 1884-O, and 1885-O.
VARIETIES:
Ten die pairs were used. There are no “must have” varieties, although VAM-9 may be the most interesting.
Catalog Information
GSID:
7532
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1885
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:
1885-O
Denomination:
$1
Designation:
MS
Mint Location:
New Orleans
Mint Mark:
O
Mintage:
9,185,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7162
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Coin Value History
1885-O $1 MS
Value By Grade
1885-O $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$31,000 | $1,234 |
| MS68 | - | $25,000 | $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 |
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
1885-O $1 MS63 NGC. CDN: $100.50 Whsle. Bid for NGC/PCGS MS63. Mintage 9,185,000. ...
$119
1885-O $1 MS65 NGC. CDN: $149 Whsle. Bid for NGC/PCGS MS65. Mintage 9,185,000. ...
$160
1885-O $1 MS66 NGC. CDN: $265 Whsle. Bid for NGC/PCGS MS66. Mintage 9,185,000. ...
$329
1885-O $1 MS64 NGC. CDN: $103.50 Whsle. Bid for NGC/PCGS MS64. Mintage 9,185,000. ...
$149
1885-O $1 MS62 NGC. CDN: $94.11 Whsle. Bid for NGC/PCGS MS62. Mintage 9,185,000....
$110
1885-O $1 MS61 NGC. CDN: $93.11 Whsle. Bid for NGC/PCGS MS61. Mintage 9,185,000....
$94
1885-O $1 MS67 NGC. CDN: $1,050 Whsle. Bid for NGC/PCGS MS67. Mintage 9,185,000. ...
$915
1885-O $1 Brilliant Uncirculated NGC. Ex: Binion Collection. Mintage 9,185,000....
$80
1885-O $1 MS68 NGC....
$7,500
$1 1885-O STRUCK 8% OFF-CENTER. PCGS AU53
$2,100
1885-O $1 Poor 1 PCGS. CAC. PCGS Population: (12/198559). NGC Census: (4/230152). Mintage 9,185,000. ...
$528
1885-O $1 Brilliant Uncirculated PCGS. . Mintage: 9,185,000. (#7162)...
$53
1885-O $1 AU58 PCGS. PCGS Population (81/142547). NGC Census: (56/161919). Mintage: 9,185,000. Numismedia Wsl. Price for pr...
$47
1885-O $1 Morgan Dollar--Partial Collar Strike--VF25 PCGS. ...
$75
1885-O $1 MS63 NGC. CDN: $100.50 Whsle. Bid for NGC/PCGS MS63. Mintage 9,185,000. ...
$104
1885-O $1 MS65 NGC. CDN: $149 Whsle. Bid for NGC/PCGS MS65. Mintage 9,185,000. ...
$171
1885-O $1 MS66 NGC. CDN: $265 Whsle. Bid for NGC/PCGS MS66. Mintage 9,185,000....
$305
1885-O $1 MS64 NGC. CDN: $103.50 Whsle. Bid for NGC/PCGS MS64. Mintage 9,185,000. ...
$154
1885-O $1 MS62 NGC. Mintage 9,185,000....
$100
1885-O $1 MS61 PCGS. CDN: $66.70 Whsle. Bid for NGC/PCGS MS61. Mintage 9,185,000. ...
$89
Greysheet News
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8/8/2024
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Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center
7/25/2024
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The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.
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