Title:
Morgan 1887-(P) Morgan Silver Dollar
Description:
The 1887-P (Philadelphia) Morgan dollar stats include a massive mintage of over 20.29 million, 90% silver composition, 38.1mm diameter, reeded edge, and a weight of 26.73 grams, containing 0.7734 oz of pure silver, making it a common date but a great entry point for collectors, especially in higher uncirculated grades where its cartwheel luster can shine. [1, 2, 3]
Key Statistics
• Mintage: 20,290,000
• Mint: Philadelphia (no mint mark)
• Designer: George T. Morgan
• Composition: 90% Silver, 10% Copper
• Weight: 26.73 grams (0.859 troy ounces)
• Silver Content (ASW): 0.7734 oz
• Diameter: 38.1 mm
• Edge: Reeded [1, 3, 4, 5, 6, 7, 8, 9, 10]
Collector Notes
• Commonality: The high mintage makes it the most plentiful Morgan dollar in all grades, with many found in circulated condition.
• Luster: While common, finding specimens with full cartwheel luster and sharp detail can require cherrypicking, notes Stack’s Bowers (https://stacksbowers.com/coin-resource-center/coin/1887-morgan-dollar/).
• Value: Its value is often close to its melt value in lower grades, but higher-grade Mint State (MS) coins, especially MS-65 and above, command a premium, says APMEX.
Key Statistics
• Mintage: 20,290,000
• Mint: Philadelphia (no mint mark)
• Designer: George T. Morgan
• Composition: 90% Silver, 10% Copper
• Weight: 26.73 grams (0.859 troy ounces)
• Silver Content (ASW): 0.7734 oz
• Diameter: 38.1 mm
• Edge: Reeded [1, 3, 4, 5, 6, 7, 8, 9, 10]
Collector Notes
• Commonality: The high mintage makes it the most plentiful Morgan dollar in all grades, with many found in circulated condition.
• Luster: While common, finding specimens with full cartwheel luster and sharp detail can require cherrypicking, notes Stack’s Bowers (https://stacksbowers.com/coin-resource-center/coin/1887-morgan-dollar/).
• Value: Its value is often close to its melt value in lower grades, but higher-grade Mint State (MS) coins, especially MS-65 and above, command a premium, says APMEX.
Country:
United States
Year:
1887
Material:
Silver
Denomination:
$1.00
Weight:
26.73 g
Diameter:
26.73 mm
Edge:
Reeded Edge
Designers:
George T. Morgan
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Date Added:
2018-06-08 16:55:12
Automatic Estimated Value:
~$83.47
Automatic Estimated Date:
2026-01-24
Date Added:
2018-06-08 16:55:12