1895 Proof 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
$234,000 PR68CAM 01-24-2021 Heritage Auctions
Description
The 1895 Proof Morgan Dollar is a proof dollar struck at the Philadelphia Mint, part of the Morgan Dollars 1878-1921 series. With a mintage of 880, this is an extremely rare issue — the lowest mintage among 3 mint variants, representing only less than 1% of total 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. Known as the "King of Morgan Dollars" — the 1895 exists only in proof, with no business strikes confirmed. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $66K. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #87330.
External References
Error Varieties(4)
1895-P VAM-1
1895-P VAM-2
1895-P VAM-3
1895-P VAM-4
Other Strike Types in This Series
Collector Essentials
Tools and references for building and protecting your coin collection.
10x-20x Jeweler's Loupe
A must-have for examining coin details, mint marks, and surface quality
Red Book — Guide to U.S. Coins
The essential annual reference for U.S. coin values, history, and mintages
Coin Albums & Storage
Archival-quality albums and holders to protect and display your collection
USB Digital Microscope
Capture detailed images for documentation and community submissions
As an Amazon Associate, NumisDex earns from qualifying purchases.