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The 1891 proof Morgan dollars are generally well struck, and a majority are found with cameo contrast – a few dozen of those are DCAMs. Most 1891 proof Morgan dollars are found in the PR60-64 range, with Gems in the PR65-66 range extremely scarce. Pieces grading PR67 or higher are very 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: The 1891 is a high-mintage dollar usually seen in low quality. Of course, if you have been a “constant reader” of this book to the present point, you know that this translates into O-P-P-O-R-T-U-N-I-T-Y for you.
Surface Quality: The strike is usually average or below, not often sharp. Careful selection is suggested. The luster is often insipid and grainy, not at all attractive. Deeply lustrous, sharply struck pieces require cherrypicking to find.
Prooflike Coins: Prooflike coins are sometimes seen, sometimes lightly struck. Gorgeous DMPL coins exist and are memorable, but the availability of somewhat similarappearing Proofs probably dampens the market somewhat.
Mintage and Distribution: Delivery figures by month: January, 1,600,000; February, 1,200,000; March, 1,200,000; April, 1,000,000; May, 1,250,000; June, 900,000; July, 350,000; August, 500,000; September, 200,000; October, 250,000; November, 243,556; December, 0. Many 1,000-coin bags were put into storage. In 1954 and 1955, quantities were released, followed by many more—so many that by 1960 such coins were the most common date to be found in Philadelphia banks, a nuisance to those seeking other varieties.
PROOF STRIKES:
Mintage: 650. Delivery figures by month: January–February, 0; March, 240; April– May, 0; June, 110; July–August, 0; September, 100; October, 0; November, 200; December, 0.
Key to Collecting: Striking can be weak at the centers. Medium cameo contrast. Low mintage, the possibility of a weak strike, and so many cleaned and dipped coins on the market add up to a challenge. However, many have been certified at Proof-65 or higher.
VARIETIES:
Varieties are mainly positional, although VAM-2 shows slight doubling on the obverse.
Catalog Information
GSID:
7829
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1891
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:
Proof
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1891
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Mintage:
650
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7326
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Coin Value History
1891 $1 PR
Value By Grade
1891 $1 PR
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR67 |
|
$18,000 | $1,234 |
| PR67 | - | $14,500 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $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 Dollar $1 1878-1921 PR [Type]
![Morgan Dollar $1 1878-1921 PR [Type]](https://images.greysheet.com/Ctc/Catalog/20201003/auctions_stacksbowers_com_lots_view_1_1dciu-0.20201003221013187.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $900 – $150,000
1878 7TF $1 Reverse of 1878 PR
Worth: $3,150 – $70,000
1878 7TF $1 Reverse of 1879 PR
Worth: $22,000 – $144,000
1878 8TF $1 PR
Worth: $2,420 – $39,600
1878 8TF $1 Presentation Piece, First Die Pair, VAM-9 SP
1878-S $1 Specimen Strike, VAM-58 SP
1878-S $1 Specimen Strike, Long Knock, VAM-60 SP
Worth: $220,000 – $264,000
1879 $1 PR
Worth: $1,100 – $12,000
1879-O $1 PR BM
Worth: $175,000 – $175,000
1880 $1 PR
Worth: $1,100 – $150,000
1881 $1 PR
Worth: $1,100 – $33,000
1881-O $1 PR BM
Worth: $660,000 – $660,000
1882 $1 PR
Worth: $1,100 – $30,000
1883 $1 PR
Worth: $1,100 – $32,000
1883-O $1 PR BM
Worth: $200,000 – $240,000
1891 $1 PR58 PCGS. PCGS Population: (4/191). Mintage 650. ...
$1,920
1891 $1 PR65 PCGS....
$7,200
1891 $1 PR63 PCGS. The present Select proof Morgan dollar derives from a limited production of only 650 pieces. Each side i...
$4,080
1891 $1 PR64 PCGS....
$3,840
1891 $1 PR61 NGC. ...
$2,160
1891 $1 PR67+ NGC. CAC. ...
$14,400
1891 $1 NGC Proof 50
$1,475
1891 $1 PR62 PCGS. ...
$1,920
1891 $1 PR66 NGC. ...
$4,800
1891 $1 NGC Proof 60
$1,625
1891 $1 PCGS Proof UNC Details (Altered Surfaces)
$725
1891 $1 PR68 NGC. CAC. ...
$34,075
1891 $1 PR53 NGC. NGC Census: (0/158). PCGS Population (0/165). Mintage: 650. (#7326)...
$1,092
1891 $1 Proof--Cleaned-- ANACS. AU55 Details. NGC Census: (0/154). PCGS Population (1/166). Mintage: 650. (#7326)...
$489
1891 $1 --Cleaned--ANACS. AU58 Details. NGC Census: (2/314). PCGS Population (1/163). Mintage: 650. (#7326)...
$518
1891 $1 PR65 NGC. ...
$4,800
1891 $1 PR63 PCGS....
$3,360
1891 $1 PR64 PCGS. ...
$3,960
1891 $1 PR61 NGC. NGC Census: (10/143). PCGS Population: (18/166). CDN: $2,850 Whsle. Bid for NGC/PCGS PR61. Mintage 650. ...
$2,640
1891 $1 PR67+ NGC. CAC. ...
$15,480
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