1888 Morgan Dollar

About This Coin

The 1888 Morgan Dollar is a United States dollar from the Morgan Dollars 1878-1921 series — 11th of 28 years in the series. In 1888, coins were struck at the Philadelphia, New Orleans, and San Francisco Mints with a combined mintage of 44.1 million. This ranks 24th of 28 years by total mintage, above the series median of 28.3 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 198 known die varieties for this date across 2 categories, including doubled die obverse, vam variety. Produced 7 years before the celebrated 1895 key date. Across its variants, estimated values range from $87 to $11K depending on mint mark, grade, and strike type. A notable auction result reached $31K in MS66+ grade at Heritage Auctions. Designed by George T. Morgan.