1881 Morgan Dollar
Base
About This Coin
The 1881 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series. In 1881, coins were struck at the Philadelphia, New Orleans, Carson City, and San Francisco Mints with a combined mintage of 27.9 million. 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 in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Across its variants, estimated values range from $87 to $4.7K depending on mint mark, grade, and strike type. A notable auction result reached $660K in PR64 grade at Stack's Bowers. Designed by George T. Morgan.
Value Estimates
Values as of May 2026 across all of this coin's strike types, from published price guides and, in some cases, recorded auction sales. For most coins the range runs from a well-worn example (around G-4) to an uncirculated one, but individual coins can sell for more or less depending on grade, eye appeal and demand. Compare recent sales of similar coins for a closer estimate.
Specifications
Strike Types & Varieties(6)

1881 (CC) Morgan Dollar

1881 (O) Morgan Dollar

1881 (O) Proof Morgan Dollar

1881 (S) Morgan Dollar

1881 Morgan Dollar

1881 Proof Morgan Dollar
Other Base Coins in This Series
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