1881 Morgan Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$28,200 MS67 11-06-2014 Heritage Auctions
Description
The 1881 Morgan Dollar is a dollar produced at the Philadelphia Mint as part of the Morgan Dollars 1878-1921 series. With a mintage of 9.2 million, this is a less common issue — ranked 3rd of 4 mint variants by mintage, with 33% of production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. The 1881-CC remained in Treasury vaults until released in GSA sales in the 1970s, surviving in remarkable condition. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $87 to $661 depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7124.
External References
Error Varieties(52)
1881-P VAM-1
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