1887-S Morgan Dollar
Guidelines for Collecting:
A carefully selected 1887-S dollar will be a delight to own. Usually well struck and very attractive, this date and mint is scarce for the series. Many dollars were put into circulation in the late 19th century, after which bags were stored at the San Francisco Mint and later distributed in the 1940s and 1950s in sealed bags of 1,000, available at face value. The 1887-S is common in worn grades up to and including AU-58.
Availability in Circulated Grades:
Usually available in all circulated grades including the upper end of the AU scale.
Availability in Mint State Grades:
Many examples of the date remained in storage at the San Francisco Mint for decades, leaving many Mint State survivors somewhat “baggy” in appearance from constant contact with other coins. A pleasing MS-63 with good luster and a crisp strike on both sides is an ideal selection for a growing Morgan dollar collection.
Availability in Proof:
None produced.
The example to the left was sold by Stack's Bowers Galleries in the August 2020 Showcase Auction, where it realized $1,680.
1887-S Morgan Dollar Auction Highlights
 PCGS MS-66+, CAC Sold for $58,800 View Lot 2092 |  PCGS MS-64 DMPL, CAC Sold for $8,625 View Lot 1220 |  PCGS MS-66 Sold for $7,800 View Lot 6070 |
