Gold: $2433.28 1.17
Silver: $32.22 0.27
0

1887 Silver Morgan Dollar Coins NGC MS64

Out of Stock
Sell-To-Us Price: Call Us

Call us at 1-866-898-4805 or email us at SellToUs@silver.com to receive custom bid pricing for this item. Note that Sell-To-Us are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone.

There is no more iconic series of coins on the collectors’ market than the silver “Morgan dollar.” Popular due to its substantial silver content and size, its classic design, and its relatively robust availability at high grades, it was issued in response to the Bland-Allison Act of 1878, which address a need for a consistent supply of silver dollars by requiring the Treasury to coin a specific quantity of silver each month. First minted between that year and 1904, many of these coins were lost over the intervening years to circulation wear or being melted down for their precious metal, but thanks to their often sizable original mintages, the surviving pieces often remain within reach of the modern collector at attainable prices. The 1887 Silver Morgan Dollar Coin is a good example, now on offer from Silver.com.

Coin Highlights:

  • Comes in a tamper-proof plastic container with a label to verify its grade of MS/64!
  • Struck at the Philadelphia Mint in 1887!
  • Contains 0.7734 Troy oz of Silver, comprised of 90% silver and 10% copper.
  • Face value of $1 backed by the United States government.
  • The obverse side features Lady Liberty in effigy.
  • The reverse side features a heraldic eagle.

The 1887 Silver Morgan Dollar Coin comes in a secure, tamper-proof plastic container labeled with its certified coin grade. It ships fully insured against any chance of loss or damage by the team at Silver.com.

The Numismatic Guaranty Company (NGC) has been a leading third-party coin grading service for well over three decades, establishing the importance of tamper-proof packaging and a standardized scale for the assessment of rare coins. This coin’s Mint State 64 grade indicates an average strike and luster, scattered contact marks and scuffs, and hairline scratches (which may appear in prime focal areas), and an overall attractive eye appeal. NGC estimates a surviving supply of just over 95,000 specimens of this coin from an original mintage of more than 20 million coins.

An effigy of Lady Liberty appears on the coin’s obverse side, wearing a Phrygian cap. She is accompanied by the lettering “E PLURIBUS UNUM” and “1904,” with thirteen decorative stars at the rim.

A heraldic eagle dominates the reverse field with a bundle of arrows and an olive branch clutched in its talon, along with the inscriptions “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”

Reach out to the customer service team at Silver.com for more information about this or any of the other items in our marketplace. Call us at 888-989-7223, connect through our convenient online live chat, or send any inquiries to our e-mail.

Additional information

Weight 0.77340 oz

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Brand: US Mint

Year: 1887

Mint Mark: Not Shown

Purity: .900

Manufacturer: US Mint

Thickness: 3.1 mm

Diameter: 38.1 mm 

Condition: Uncirculated

Face Value: $1

Issuing Country: United States

Obverse Designer: George T. Morgan

Reverse Designer: George T. Morgan

Edge Design: Reeded 

Packaging Type:  NGC Plastic Slab

Weight: .7734 Troy Ounce

Images shown are examples only. Actual item appearance is subject to change, but will always correlate with title and description. 

Lowest Price: $125.91

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