1881 (S) Morgan Dollar

Coin Details

Auction Record

$48,875 MS69 01-01-2009 Heritage Auctions

Description

A dollar from the San Francisco Mint, the 1881 (S) Morgan Dollar belongs to the Morgan Dollars 1878-1921 series. The U.S. Mint produced 12.8 million examples, making this the highest mintage among 4 variants, accounting for 46% of the year's 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. San Francisco's storied mint, born of the California Gold Rush, has evolved into the primary producer of U.S. proof coins. Estimated market value ranges from $87 to $314 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 #7130.