1881-O $1 Morgan Silver Dollar

US $79.20
ApproximatelyS$ 102.70
Was US $90.00 (12% off)What does this price mean?
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eBay item number:183762014393
Last updated on Nov 05, 2025 09:44:14 SGTView all revisionsView all revisions

Item specifics

Country of Origin
United States
Grade
Ungraded
Circulated/Uncirculated
Uncirculated
Certification
Uncertified
Category

About this product

Product Information

<h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Numismatic Information <br/><br/>Hoard coins: Throughout the 1950s, a small but steady stream of Uncirculated 1881-O dollars trickled into the market. Occasionally, a bag would surface and be broken up and absorbed into dealer stocks. Philip Maul advertised rolls of this date in The Numismatist in September 1953. In the same publication in September 1957, Harry J. Forman advised readers that he had 1881-O dollars in quantity. Beginning in October 1962, many additional bags of 1881-O dollars were released by the Treasury Department, a dispersal which continued through at least the summer of 1963. Up to that point, 1881-O dollars were somewhat scarce, although hardly rare, in Mint State preservation. <br/><br/>Circulated grades: High-grade circulated coins are very common (see "Two-Beer" Dollars under Additional Information below), as are well-worn pieces. The "two-beer" dollars came from Federal Reserve branch banks at Helena and Missoula, Montana; others from the Continental-Illinois Bank hoard. <br/><br/>Mint State grades: The 1881-O is very common in lower Mint State grades from MS-60 through 62. At the MS-63 level I estimate that 50,000 to 100,000 exist. In MS-64 it is slightly scarcer but still quite available. In MS-65 grade, well struck, the 1881-O is hard to find. Probably, only 1,000 to 2,000 MS-65 or finer pieces survive. The yellow flag of caution goes up for anyone wanting to buy an MS-65, even a certified or slabbed coin, for an MS-65 is apt to cost many multiples of the price of an MS-64, and the actual technical grade difference is slight. Be careful! <br/><br/>The striking of 1881-O dollars is average. Indi-vidual specimens range from flat to well struck. Cherrypicking will pay dividends with this date.<br/> <br/>Prooflike coins: Prooflike coins are common, but most are in AU or very low Mint State grades. Probably about 4,000 to 8,000 exist MS-60 PL or finer, all but a few being lower than MS-65. Many prooflikes are one-sided. In the DMPL column, the 1881-O is about equally available, but hardly any are better than MS-64 DMPL. The "Proof' in "World's Greatest Collection" (F.C.C. Boyd), at a then very high $50, has not been traced. Nor has the Jack Roe coin at $115 (1945?), reappearing in Bolender's 183rd Sale (2/23/52), at $67.50. All these prices exceeded Philadelphia's Proofs of the period. On the other hand, the one B.M. Douglas advertised in The Numismatist 12/51 at $17.50 was probably a DMPL. <br/><br/>Varieties<br/><br/>Circulation strikes:<br/><br/>1. Normal issue. Medium-size 0 mintmark:Breen-5559. 26 VAM varieties.<br/><br/>2. "1881-O/S" (status controversial): A variety described as 1881-O/S, Breen-5560, has been cited by Walter Breen (B-5560), but has not been confirmed by others. Leroy C. Van Allen and Bill Fivaz each report that they have never seen such a variety; Van Allen suggests that VAM-5 or 9 might be mistaken for an overmintmark. Thomas K. DeLorey believes it is just a repunched O. Jeff Oxman believes that it may indeed by an overmintmark, "but the jury is still out; it has similarities with 1882-O/S varieties.(Bill Fivaz and Leroy C. Van Allen letters to the author, each dated October 31, 1992. Thomas K. DeLorey note received November 1992. Jeff Oxman, letter to the author, November 29, 1992.)<br/><br/>Dies prepared: Obverse: 55; Reverse: 40 <br/><br/>Circulation strike mintage: 5,708,000 <br/><br/>Estimated quantity melted: Unknown, but probably many under the 1918 Pittman Act. <br/><br/>Availability of prooflike coins: AU prooflike coins are common, but there is little demand. Mint State PL and DMPL pieces are readily available but are mostly in lower grade levels.<br/><br/>Characteristics of striking: Average sharpness

Product Identifiers

Designer
George T. Morgan
eBay Product ID (ePID)
170421864

Product Key Features

Strike Type
Business
Mint Location
New Orleans, New Orleans, Louisiana
Composition
90% Silver, 10% Copper
Year
1881

Dimensions

Weight
26.73g

Additional Product Features

Mintage
578
Mint
New Orleans
Denomination
$1
PCGS Number
7128
Diameter
38.1mm
Mint Mark
O
Edge
Reeded

Item description from the seller

About this seller

webster3097

100% positive feedback907 items sold

Joined Apr 2013
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U.S.Coins and collectables. Pictures are the item you will get.We do our best to provide fast, friendly service!Please only resonable offers-- not half price type....

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    Exactly as ordered! Highly recommend this dealer! AAA+++ transaction!
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    Hard-to-Find 1882-O/S Vam-5 Broken 'S' EDS (Early Die State) Morgan Dollar; NGC AU-53: Super Coin that presents this Variety the Best I Have Ever Seen!!! Buy from this Seller, because they have a Good Eye for Choice Coins!!! Got a Great Deal that gave me Instant Equity!!! Secure Packaging with Fast Shipping!!! This Coin Exceeds the words to describe it!!!
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    Fast Shipping, Highly Recommended!