1882 Morgan Dollar

About This Coin

The 1882 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — an early issue, 5th of 28 years in the series. In 1882, coins were struck at the New Orleans, Carson City, Philadelphia, and San Francisco Mints with a combined mintage of 33.7 million. This ranks 20th of 28 years by total mintage, above the series median of 28.0 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. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 226 known die varieties for this date across 2 categories, including repunched mint mark, vam variety. Across its variants, estimated values range from $87 to $63K depending on mint mark, grade, and strike type. A notable auction result reached $109K in MS68+ grade at Legend Rare Coin Auctions. Designed by George T. Morgan.