1887 GSA Hoard One Dollar MS Values

Greysheet & Red Book® Price Guide
Melt: $58.50 (0.7734 oz Silver)

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1887 GSA Hoard One Dollar MS Values

Details

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.

up This coin is made of 90% silver; 10% copper and has a current melt value of $58.50

Obverse: 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: 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.

Basic Information

GSID:

76521

Coin Date:

1887

Denomination:

$1 / One Dollar

Designation:

MS

Mint & Coinage Details

Mint Location:

Philadelphia

Mintage:

20,290,000

Coinage Type:

Morgan silver dollar

Coinage Years:

1878-1921

Composition:

90% silver; 10% copper

Varieties and Classification

Variety:

GSA Hoard

Physical Characteristics

Fineness:

0.9

Weight:

26.73 gr

Weight:

0.8594 oz

Precious Metal Weight:

0.7734 oz

Strike Type:

Business

Diameter:

38.1 mm

Coin Shape:

Round

Design Details

Designer:

George T. Morgan

Obverse Lettering:

E PLURIBUS UNUM, LIBERTY, 1887

Obverse Designer:

George T. Morgan

Reverse Lettering:

UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR

Reverse Designer:

George T. Morgan

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