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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:
7541
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 #:
7175
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Subject: I would like to contribute catalog info to CDN for 1887/6 $1 MS PL
Body: Referring page: http://dev.greysheet.com/prices/item/1887-over-6-morgan-silver-dollar-proof-like-coin-values/gsid/7541 GSID: 7541 Title: 1887/6 $1 MS PL
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Coin Value History
1887/6 $1 MS PL
Value By Grade
1887/6 $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) |
|---|---|---|---|
| MS66 |
|
$12,000 | $1,234 |
| MS66 | - | $10,000 | $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 |
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, MS63 Prooflike PCGS. CAC. A Top 100 Variety. PCGS Population: (3/5 and 0/1+). CAC Population: (1/0)....
$1,500
1887/6 $1 VAM-2 MS66 Prooflike PCGS. Ex: Jack Lee 2. A Top 100 Variety. The remnants of an undertype 6 are visible on eithe...
$10,200
1887/6 $1 VAM-2, MS65 Prooflike PCGS....
$4,080
1887/6 $1 MS64 Prooflike PCGS. PCGS Population: (56/22). NGC Census: (0/0). CDN: $1,100 Whsle. Bid for NGC/PCGS MS64. Minta...
$1,320
1887/6 $1 VAM-2, Top 100, MS61 Prooflike ANACS....
$504
1887/6 $1 VAM-2, 7/6, MS62 Prooflike PCGS. A Top 100 Variety. PCGS Population: (2/8). NGC Census: (10/103). MS62....
$456
1887/6 $1 VAM-2 MS63 Prooflike PCGS. A Top 100 Variety. PCGS Population: (37/78). NGC Census: (0/0). CDN: $900 Whsle. Bid f...
$1,020
1887/6 $1 VAM-2 MS66 Prooflike PCGS. ...
$7,500
1887/6 $1 VAM-2, MS65 Prooflike PCGS....
$2,526
1887/6 $1 VAM-2, Top 100, MS64 Prooflike NGC. CAC. A Top 100 Variety. NGC Census: (53/17). PCGS Population: (2/3). MS64. ...
$1,800
1887/6 $1 VAM-2, Top 100, MS61 Prooflike ANACS. Mintage 20,290,710....
$500
1887/6 $1 MS62 Prooflike PCGS. PCGS Population (11/108). NGC Census: (0/0). Numismedia Wsl. Price for problem free NGC/PCG...
$505
1887/6 $1 MS63 Prooflike PCGS. PCGS Population: (37/78). NGC Census: (0/0). CDN: $900 Whsle. Bid for NGC/PCGS MS63. Mintage...
$1,080
1887/6 $1 MS66 Prooflike NGC. VAM-2. ...
$8,625
1887/6 $1 VAM-2 MS65 Prooflike PCGS....
$2,800
1887/6 $1 VAM-2, MS64 Deep Mirror Prooflike ANACS. ...
$1,320
1887/6 $1 MS62 Prooflike PCGS. PCGS Population (10/110). NGC Census: (10/109). Numismedia Wsl. Price for problem free NGC/...
$646
1887/6 $1 VAM-2, Top 100, MS63 Prooflike NGC. NGC Census: (33/70). PCGS Population: (3/5). MS63. ...
$1,080
1887/6 $1 MS66 Prooflike PCGS. ...
$10,925
1887/6 $1 PCGS/CAC MS65+ PL
$5,850
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