1887 (O) Morgan Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$78,000 MS66+ 02-27-2022 Heritage Auctions
Description
The 1887 (O) Morgan Dollar is a dollar produced at the New Orleans Mint as part of the Morgan Dollars 1878-1921 series. The U.S. Mint produced 11.6 million examples, making this ranked 2nd of 5 mint variants by mintage, with 18% of production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Struck at the New Orleans Mint, which operated from 1838 to 1909 and produced coins prized for their historical Southern provenance. Estimated market value ranges from $92 to $41K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7176.
External References
Error Varieties(72)
1887-O Doubled Die Obverse WDDO-001
1887-O Overdate WOVD-001
1887-O VAM-1
1887-O VAM-1A
1887-O VAM-1B
1887-O VAM-1C
1887-O VAM-2
1887-O VAM-2A
1887-O VAM-3
1887-O VAM-4
1887-O VAM-5
1887-O VAM-5A
1887-O VAM-5B
1887-O VAM-6
1887-O VAM-7
1887-O VAM-8
1887-O VAM-9
1887-O VAM-9A
1887-O VAM-10
1887-O VAM-11
1887-O VAM-11.1
1887-O VAM-11.3
1887-O VAM-11A
1887-O VAM-11B
1887-O VAM-11C
1887-O VAM-12
1887-O VAM-12A
1887-O VAM-13
1887-O VAM-13A
1887-O VAM-14
1887-O VAM-15
1887-O VAM-16
1887-O VAM-17
1887-O VAM-17A
1887-O VAM-18
1887-O VAM-19
1887-O VAM-20
1887-O VAM-21
1887-O VAM-22
1887-O VAM-22A
1887-O VAM-22B
1887-O VAM-23
1887-O VAM-24
1887-O VAM-25
1887-O VAM-26
1887-O VAM-27
1887-O VAM-28
1887-O VAM-29
1887-O VAM-30
