An Excessively Rare 1893-S in Gem Mint State PCGS MS-65 CAC
The 1887 GSA Morgan dollar is a rarity in that very few non-CC Morgan dollars were offered in the Great Silver Sale of the 1970s and early 1980s. It therefore makes sense that 1887 GSA Morgan dollars command significant premiums on the occasion they are sold, generally taking higher prices in GSA plastic than a regular raw or certified 1887 Morgan dollar in similar condition. The 1887 GSA Morgan dollars are found in circulated and uncirculated condition and in either soft packs of hard packs. PLs and DMPLs are exceptionally scarce.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
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Body: Referring page: http://beta.greysheet.com/prices/item/1887-morgan-silver-dollar-gsa-hoard-coin-values/gsid/76521 GSID: 76521 Title: 1887 $1 GSA Hoard MS
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Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| OGP* | - | $230.00 | $1,234 |
| MS66 |
|
$1,500 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
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