Whitman Expo
The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
Thank you to our sponsors!
Go check them out!
Like many other O-mint Morgan dollar, the 1887-O is a relatively tough date with wide availability in the circulated grades as well as in the lower MS grades. In MS64, this piece becomes scarce and rare in the Gem levels. Only a tiny handful are known in the MS66 level. PLs and DMPLs are both very scarce in all grades, with Gems of either proving rare.
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: Although the 1887-O is hardly in the common-date category, enough exist that a nice MS-63 coin can be found with little effort. However, among these only a fraction have a combination of sharp strike and attractive luster—yielding a great opportunity for cherrypicking. When you find one, the cost will not be any more than others are paying for pieces with poor eye appeal. Check any and all examples for the overdate feature (see following listing).
Surface Quality: The striking of the 1887-O is usually average or below average, sometimes quite poor. Sharp pieces do exist but searching is needed to find them. At the New Orleans Mint during this era many dies were spaced too far apart, perhaps facilitating the coining process, but resulting in pieces that hardly deserve numismatic prizes. The luster on the 1887-O ranges from grainy and dull to frosty, but is usually subpar. You, as an informed buyer, can find a nice one—with some effort.
Prooflike Coins: Prooflike dies were used extensively, and pieces with a degree of prooflike surface, sometimes deep and accentuated with cameo devices, are elusive, but not great rarities. However, most are lightly struck at the center.
Mintage and Distribution: Delivery figures by month: January, 900,000; February, 1,000,000; March, 1,000,000; April, 1,000,000; May, 1,000,000; June, 1,000,000; July, 600,000; August, 1,050,000; September, 1,000,000; October, 1,000,000; November, 1,000,000; December, 1,000,000. A small part of these were 1887-O, 7 Over 6, varieties, probably from a single die pair in a single press run. The 1887-O was suffciently well distributed in the nineteenth century that worn coins are plentiful today, although some were probably destroyed during the rise in silver bullion prices that peaked in January 1980. Bags were released over a long period of years, including 1938, 1953, and 1957, per interviews I have conducted, and likely on other occasions as well. Examples from Treasury releases of 1962 through 1964 constitute the majority of pieces available in Mint State today. Bags were released as late as March 1964.
VARIETIES:
Most die varieties as described by Van Allen and Mallis consist of date repunchings of a minor nature. However, VAM-2 has the date numerals tripled, quite interesting, described by them as “one of the largest shifts of date doubling known.” The two earlier dates are not prominent, but under a magnifying glass they can be seen easily enough. VAM-22, listed in The Top 100 Morgan Dollar Varieties, has slight doubling on the obverse, and die rust is seen below the eagle’s tail.
Catalog Information
GSID:
7544
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1887
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:
1887-O
Denomination:
$1
Designation:
MS
Mint Location:
New Orleans
Mint Mark:
O
Mintage:
11,550,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7176
Send Catalog Feedback
To: editor@greysheet.com
Subject: I would like to contribute catalog info to CDN for 1887-O $1 MS
Body: Referring page: http://dev.greysheet.com/prices/item/1887-o-morgan-silver-dollar-coin-values/gsid/7544 GSID: 7544 Title: 1887-O $1 MS
Subscribe to View
Log In
View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.
Coin Value History
1887-O $1 MS
Value By Grade
1887-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) |
|---|---|---|---|
| MS66 |
|
$45,500 | $1,234 |
| MS66 | - | $27,500 | $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
1887-O $1 MS63 PCGS. CDN: $210 Whsle. Bid for NGC/PCGS MS63. Mintage 11,550,000....
$220
1887-O $1 MS64 NGC. CAC. CAC: 306 in 64, 55 finer (9/26). CDN: $552 Whsle. Bid for NGC/PCGS MS64. Mintage 11,550,000. ...
$561
1887-O $1 MS62 PCGS. CDN: $130 Whsle. Bid for NGC/PCGS MS62. Mintage 11,550,000. ...
$154
1887-O $1 MS61 NGC. CDN: $115 Whsle. Bid for NGC/PCGS MS61. Mintage 11,550,000. ...
$139
1887-O $1 AU58 PCGS. CDN: $95.50 Whsle. Bid for NGC/PCGS AU58. Mintage 11,550,000. ...
$119
1887-O $1 MS65 PCGS. Mintage 11,550,000....
$2,400
1887-O $1 VAM-9A, MS60 ANACS. Mintage 11,550,000....
$104
1887-O $1 AU55 NGC. Mintage 11,550,000. ...
$74
1887-O $1 VAM-22B, Doubled Die Obverse, Pitted Reverse XF45 PCGS. A Top 100 Variety. Incorrectly attributed as VAM-22A by P...
$134
1887-O $1 AU53 CACG. Mintage 11,550,000....
$80
1887-O $1 MS66 PCGS....
$24,000
1887-O $1 VAM-2, Repunched Date XF40 ANACS. A Top 100 Variety....
$65
1887-O $1 VAM-11.1 AU50 ANACS. Mintage 11,550,000....
$69
1887-O $1 VAM-22A, Doubled Die Obverse, Pitted Reverse VF35 PCGS. A Top 100 Variety. PCGS Population: (3/95). NGC Census: (...
$109
1887-O $1 Morgan Dollar -- Struck 3% Off Center -- Fine 12 PCGS....
$1,620
1887-O $1 Doubled Die Obverse, Pitted Reverse & Clashed, VAM-22B, VF30 NGC. A Top 100 Variety. NGC Census: (0/0). PCGS Popu...
$69
1887-O $1 GSA Soft Pack Fine 15 NGC. NGC Census: (9/10098). PCGS Population: (12/12396). CDN: $28 Whsle. Bid for NGC/PCGS F...
$65
1887-O $1 Poor 1 PCGS. PCGS Population: (16/12107). NGC Census: (2/9930). Mintage 11,550,000. ...
$105
1887/6-O $1 Vam-3 VF25 NGC. Top-100. NGC Census: (0/0). PCGS Population (1/43). From The Parcfeld Collection. ...
$53
$1,521
Greysheet News
Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading
8/8/2024
American Numismatic Association's Largest Coin Show, August 6-10 In Chicago
Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center
7/25/2024
United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program
The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.
7/23/2024
Events
Knoxville Coin and Currency Show - TN
Location: Rothchild Catering & Conference Center
Saturday, August 1, 2026
