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This popular but scarce variety was created when some leftover Morgan dies from 1886 were repunched for use in the 1887 production year. A similar variety exists for the O-mint of that same year. These pieces are tough in all grades, though become especially challenging around the AU level and are rare around the Gem level and higher. PLs are quite scarce and DMPLs are truly rare, especially in the Gem range, where they command phenomenal premiums.
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: There is a significant demand for the overdate 1887, 7 Over 6, VAM-2, and examples are elusive in all grades. While grade-for-grade the 1887, 7 Over 6, is rare in comparison to the regular 1887, enough MS-64 and MS-65 coins exist that the connoisseur can locate an example. This variety is not everyone’s numismatic cup of tea, and as the overdate is not easily seen without magnification, some have chosen not to include it in their collections. The prices of examples have been like a “roller coaster ride,” as popularity and availability have both varied over the years.48
Surface Quality: Average. Usually with deep mint frost.
Prooflike Coins: Prooflike coins are occasionally seen, usually with low contrast. Some DMPL coins have been certified and are rare.
Mintage and Distribution: In 1887 there were 55 obverse dies used to strike Morgan dollars. As only one die is known to have been overdated, it might not be stretching too far to suggest that, on average, the mintage of 1887, 7 Over 6, was 1/55 of the 20,290,000 total for the year.
VARIETIES:
Minor varieties exist, mostly involving slight repunching.
1887, 7 Over 6—VAM-2. Overdate feature prominent only on early and medium states, after which it fades (and specimens are not desirable).
Catalog Information
GSID:
7540
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:
1887/6
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
20,290,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7174
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Coin Value History
1887/6 $1 MS
Value By Grade
1887/6 $1 MS
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 |
|
$15,000 | $1,234 |
| MS67 | - | $12,000 | $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 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
| P1 |
|
$1,234 | $1,234 |
| P1 | - | $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
1887/6 $1 VAM-2, MS62 PCGS. A Top 100 Variety. PCGS Population: 28 in 62 (1 in 62+), 102 finer (12/25). CDN: $600 Whsle. Bi...
$641
1887/6 $1 VAM-2, MS64 PCGS. A Top 100 Variety. CDN: $960 Whsle. Bid for NGC/PCGS MS64. Mintage 20,290,710. ...
$1,037
1887/6 $1 VAM-2, MS65 NGC. A Top 100 Variety. NGC Census: 94 in 65 (8 in 65+, 6 in 65*), 9 finer (12/25). CDN: $1,760 Whsle...
$1,680
1887/6 $1 VAM-2, AU58 NGC. A Top 100 Variety. NGC Census: 48 in 58 (1 in 58+), 951 finer (11/25). CDN: $325 Whsle. Bid for ...
$396
1887/6-O $1 VAM-2 MS63 PCGS. A Top 100 Variety. Mintage 11,550,000....
$1,500
1887/6 $1 VAM-2, VF35 ANACS. Housed in a small-sized holder....
$109
1887/6 $1 MS60 PCGS. CAC. CAC Population: (2/130). Mintage 20,290,710. ...
$528
1887/6 $1 VAM-2 MS67 NGC....
$5,640
1887/6 $1 VAM-2 MS66 PCGS. ...
$6,600
1887/6 $1 PCGS UNC Details (Cleaned)
$224
1887/6 $1 VAM-2, Top 100, AU55 NGC. NGC Census: (6/908). PCGS Population: (1/110). CDN: $235 Whsle. Bid for NGC/PCGS AU55. ...
$264
1887/6 $1 MS61 PCGS. PCGS Population: (102/1388). NGC Census: (1/3). CDN: $500 Whsle. Bid for NGC/PCGS MS61. Mintage 20,290...
$576
1887/6 $1 XF40 ANACS. VAM-2. Top-100. NGC Census: (0/5). PCGS Population (2/1515). Numismedia Wsl. Price for problem free ...
$84
1887/6 $1 AU50 NGC. Vam-2, Top-100. NGC Census: (4/832). PCGS Population (6/1411). Numismedia Wsl. Price for problem free ...
$115
1887/6 $1 AU53 PCGS. PCGS Population (2/1404). NGC Census: (4/829). Numismedia Wsl. Price for problem free NGC/PCGS coin i...
$141
1887/6 $1 XF45 PCGS. CAC. PCGS Population (5/1410). NGC Census: (3/829). Numismedia Wsl. Price for problem free NGC/PCGS c...
$120
1887/6 $1 --Cleaned--ANACS. XF Details NET VF 30. Vam-2 Top 100. NGC Census: (1/731). PCGS Population (0/1278). Numismedia...
$75
1887/6 $1 MS62 PCGS. Mintage 20,290,710. ...
$660
1887/6 $1 MS64 PCGS. Mintage 20,290,710. ...
$960
1887/6 $1 VAM-2, Top 100, MS65+ PCGS. A Top 100 Variety. A curved line bookends the bottom of the 7 in the date, confirming...
$1,860
Greysheet News
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8/8/2024
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7/25/2024
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