As of May, 2024, a 1887 Dollar in circulated condition is worth between $750.00 and $1,800.00, while an uncirculated specimen can be valued between $2,200.00 and $85,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $51,750.00 in the 08/11/2011 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: George T. Morgan
Edge: Reeded
Diameter: 38.10 millimeters
Weight: 26.73 grams
Mintage: 710
Mint: Philadelphia
Metal: 90% Silver, 10% Copper
Series: Morgan Dollars 1878-1921

1887 Dollar (Proof) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

GradePrice($)
MS-6985,000.00
MS-68+67,500.00
MS-6852,500.00
MS-67+24,500.00
MS-6717,000.00
MS-66+11,500.00
MS-669,250.00
MS-65+8,000.00
MS-657,000.00
MS-64+5,750.00
MS-644,850.00
MS-63+4,350.00
MS-634,150.00
MS-62+3,450.00
MS-623,250.00
MS-612,250.00
MS-602,200.00
AU-58+1,800.00
AU-581,600.00
AU-55+1,450.00
AU-551,375.00
AU-53+1,250.00
AU-531,200.00
AU-50+1,100.00
AU-501,050.00
XF-45+800.00
XF-45775.00
XF-40750.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State2,200.0085,000.0018,382.35
About Uncirculated1,050.001,800.001,353.13
Extremely Fine750.00800.00775.00

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1887 Morgan Dollar. We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1887/6-O Dollar (Regular Strike)62.00640.00675.0047,500.00
1887-S Dollar (Regular Strike)37.00160.00170.0075,000.00
1887 Dollar (Regular Strike)30.0070.0075.0030,000.00
1887/6 Dollar (Regular Strike)70.00400.00475.0017,000.00
1887-O Dollar (Regular Strike)39.00120.00135.0075,000.00
1887 Dollar, PL (Regular Strike)N/AN/A110.008,500.00
1887 Dollar VAM 1B Partial E Rev (Regular Strike)100.002,350.003,000.0010,500.00
1887 Dollar, DMPL (Regular Strike)N/AN/A160.007,750.00
1887/6 Dollar, PL (Regular Strike)N/AN/A625.0011,500.00
1887/6 Dollar, DMPL (Regular Strike)N/AN/A1,500.0017,500.00
1887 Dollar VAM 12 Alligator Eye (Regular Strike)49.0093.00100.003,750.00
1887 Dollar VAM 12 Alligator Eye, PL (Regular Strike)N/AN/A235.00425.00
1887 Dollar VAM 12 Alligator Eye, DMPL (Regular Strike)N/AN/A375.001,100.00
1887 Dollar VAM 1A Donkey Tail (Regular Strike)100.001,400.002,250.009,500.00
1887 Dollar VAM 5 Doubled Date (Regular Strike)55.00103.00105.002,000.00
1887-O Dollar VAM 5 Doubled Stars (Regular Strike)83.00175.00200.002,700.00
1887-O Dollar VAM 2 Double 1 Triple 7 (Regular Strike)59.00135.00165.00675.00
1887/6 Dollar VAM 2 7/6 (Regular Strike)79.00425.00500.0014,000.00
1887/6 Dollar VAM 2 7/6, PL (Regular Strike)N/AN/A650.004,500.00
1887-O Dollar, PL (Regular Strike)N/AN/A185.00100,000.00
1887-O Dollar, DMPL (Regular Strike)N/AN/A450.0065,000.00
1887-O Dollar VAM 22A DDO Pitted Rev (Regular Strike)59.00120.00145.00300.00
1887/6-O Dollar VAM 3 7/6 (Regular Strike)94.00700.00750.0048,500.00
1887-S Dollar, PL (Regular Strike)N/AN/A375.0075,000.00
1887-S Dollar, DMPL (Regular Strike)N/AN/A600.0030,000.00
1887-S Dollar VAM 2 S/S (Regular Strike)47.00170.00215.007,000.00
1887-S Dollar VAM 2 S/S, DMPL (Regular Strike)N/AN/A875.008,150.00
1887 Dollar, CAM (Proof)N/AN/A2,600.0033,000.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1887 Dollar (Proof) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:
1m 6m 1y 3y All

$1,540.00

Lowest Sale Price
$5,300.00

Highest Sale Price
$3,223.47

Average Sale Price
$3,900.00

Most Recent Sale Price
54

Number of Sales
$174,067.50

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-6818,150.0051,750.0031,733.33
MS-677,475.0018,400.0012,198.27
MS-664,400.008,225.006,280.74
MS-654.208,250.004,840.24
MS-641,540.005,300.003,223.47
MS-6312.004,888.002,485.72
MS-621,064.003,450.001,940.52
MS-61805.002,040.001,475.20
MS-60604.001,800.001,115.53
AU-581,320.001,320.001,320.00
AU-50374.001,898.001,179.00
PO-11,093.006,154.002,769.25

The chart shows the min and max prices for the 1887 Dollar (Proof) coin across various grades from PO-1 to MS-68. The prices generally increase as the grade improves, with MS-68 having the highest max price $51,750.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1887 Dollar (Proof).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1887 Dollar (Proof) coin. Heritage Auctions dominates with 61.43% share, followed by David Lawrence RC / Bowers & Merena with 8.10% / 7.14% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1887 Dollar (Proof) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
MS-63PCGSHeritage Auctions3,240.0008/20/2023
MS-65PCGSLegend Rare Coin Auctions5,052.5007/27/2023
MS-65PCGSStack's Bowers7,200.0003/29/2023
MS-62PCGSStack's Bowers2,640.0003/29/2023
MS-63PCGSHeritage Auctions3,600.0002/12/2023
MS-64NGCDavid Lawrence RC3,900.0011/13/2022
MS-60NGCStack's Bowers1,800.0008/31/2022
MS-67PCGSHeritage Auctions9,300.0008/28/2022
MS-64NGCHeritage Auctions4,440.0008/28/2022
MS-64PCGSDavid Lawrence RC3,708.0008/14/2022
MS-62PCGSDavid Lawrence RC3,450.0007/24/2022
MS-63NGCScotsman3,776.0007/22/2022
MS-64PCGSStack's Bowers3,120.0006/17/2022
MS-64PCGSDavid Lawrence RC5,175.0005/08/2022
MS-64PCGSDavid Lawrence RC4,700.0004/24/2022
MS-64NGCDavid Lawrence RC5,300.0002/20/2022
MS-63PCGSStack's Bowers3,600.0011/30/2021
MS-65PCGSStack's Bowers4,800.0011/30/2021
MS-62PCGSHeritage Auctions2,640.0011/22/2021
AU-58NGCHeritage Auctions1,320.0010/06/2021
MS-64PCGSHeritage Auctions3,840.0008/22/2021
MS-63PCGSHeritage Auctions3,240.0008/22/2021
MS-64NGCDavid Lawrence RC4,990.0006/27/2021
MS-65PCGSHeritage Auctions4,560.0004/25/2021
MS-64NGCHeritage Auctions5,160.0004/25/2021
MS-62PCGSStack's Bowers2,400.0003/31/2021
MS-63PCGSHeritage Auctions3,240.0002/25/2021
MS-62PCGSStack's Bowers2,640.0011/18/2020
MS-61NGCHeritage Auctions2,040.0008/09/2020
MS-64PCGSDavid Lawrence RC3,050.0007/05/2020
MS-65PCGSHeritage Auctions4,320.0012/07/2019
MS-62PCGSHeritage Auctions1,740.0010/24/2019
MS-63PCGSHeritage Auctions2,520.0008/18/2019
MS-64PCGSHeritage Auctions3,000.0006/09/2019
MS-64PCGSHeritage Auctions2,760.0004/28/2019
MS-66PCGSHeritage Auctions5,040.0004/28/2019
MS-66NGCDavid Lawrence RC6,250.0003/10/2019
MS-65NGCHeritage Auctions4,320.0002/03/2019
MS-65NGCHeritage Auctions5,160.0001/14/2019
MS-63NGCHeritage Auctions2,760.0001/14/2019
MS-65PCGSStack's Bowers3,840.0010/30/2018
MS-64PCGSGoldberg Auctioneers3,600.0009/05/2018
MS-63PCGSHeritage Auctions2,220.0007/15/2018
MS-64PCGSHeritage Auctions2,640.0002/22/2018
MS-65PCGSHeritage Auctions3,840.0002/22/2018
MS-64PCGSHeritage Auctions2,880.0011/02/2017
MS-65PCGSBonham's5,031.0009/05/2017
MS-64NGCHeritage Auctions2,820.0001/04/2017
MS-65NGCLegend Rare Coin Auctions4,300.0008/17/2016
MS-64NGCHeritage Auctions2,820.0008/10/2016
MS-65PCGSStack's Bowers3,995.0008/09/2016
MS-67PCGSHeritage Auctions12,925.0007/07/2016
MS-64NGCHeritage Auctions4,817.5006/08/2016
MS-66PCGSHeritage Auctions6,462.5006/08/2016
MS-64PCGSStack's Bowers3,055.0003/30/2016
MS-64PCGSStack's Bowers3,290.0003/30/2016
MS-65PCGSHeritage Auctions4,817.5001/06/2016
MS-65PCGSHeritage Auctions4,230.0012/03/2015
MS-64PCGSHeritage Auctions3,055.0010/29/2015
MS-67PCGSHeritage Auctions17,037.5005/12/2015
MS-65NGCHeritage Auctions5,170.0004/26/2015
MS-63PCGSHeritage Auctions3,407.5001/07/2015
MS-65PCGSHeritage Auctions4,406.2512/04/2014
MS-64NGCHeritage Auctions3,525.0011/06/2014
PO-1PCGSHeritage Auctions1,645.0011/06/2014
MS-63PCGSHeritage Auctions2,585.0010/08/2014
MS-62PCGSGreat Collections2,063.6007/13/2014
MS-63NGCHeritage Auctions2,702.5007/10/2014
MS-60PCGSHeritage Auctions793.1307/10/2014
MS-64PCGSStack's Bowers2,820.0003/27/2014
MS-62PCGSDavid Lawrence RC2,300.0003/23/2014
MS-62PCGSHeritage Auctions1,703.7502/03/2014
MS-62PCGSHeritage Auctions1,880.0002/03/2014
MS-64PCGSGreat Collections2,901.0012/15/2013
MS-61PCGSHeritage Auctions1,528.0011/01/2013
MS-65NGCStack's Bowers5,288.0005/30/2013
MS-66PCGSHeritage Auctions8,225.0004/24/2013
MS-64PCGSDavid Lawrence RC3,003.0003/03/2013
MS-66NGCHeritage Auctions7,050.0011/29/2012
MS-64PCGSHeritage Auctions3,290.0010/18/2012
MS-67PCGSHeritage Auctions15,275.0010/18/2012
MS-65PCGSHeritage Auctions4,888.0007/12/2012
MS-66PCGSHeritage Auctions8,050.0005/30/2012
MS-62NGCHeritage Auctions1,840.0001/03/2012
MS-66NGCHeritage Auctions7,475.0011/28/2011
MS-62NGCHeritage Auctions1,553.0009/07/2011
MS-66NGCHeritage Auctions7,475.0008/11/2011
MS-64PCGSHeritage Auctions3,105.0008/11/2011
MS-68PCGSHeritage Auctions51,750.0008/11/2011
MS-64NGCHeritage Auctions3,220.0007/11/2011
MS-64NGCStack's Bowers2,645.0006/14/2011
MS-65NGCHeritage Auctions6,325.0001/05/2011
PO-1NGCBowers & Merena6,154.0001/03/2011
MS-63PCGSHeritage Auctions2,415.0010/27/2010
PO-1NGCHeritage Auctions2,185.0010/27/2010
MS-62PCGSGoldberg Auctioneers1,610.0009/21/2010
MS-64PCGSHeritage Auctions3,220.0008/11/2010
PO-1NGCHeritage Auctions1,093.0006/02/2010
MS-65PCGSGoldberg Auctioneers4,830.0006/02/2010
MS-60NCSHeritage Auctions1,265.0004/28/2010
MS-61NGCHeritage Auctions1,610.0003/24/2010
MS-61ANACSHeritage Auctions1,495.0001/06/2010
MS-64PCGSDavid Lawrence RC3,450.0011/30/2009
MS-66PCGSDavid Lawrence RC7,566.0008/24/2009
MS-64NGCHeritage Auctions2,760.0007/01/2009
MS-64PCGSStack's3,450.0006/01/2009
MS-60ANACSHeritage Auctions604.0005/01/2009
MS-63PCGSHeritage Auctions2,185.0004/01/2009
MS-64PCGSStack's3,738.0001/01/2009
MS-64PCGSHeritage Auctions3,220.0010/01/2008
MS-63PCGSHeritage Auctions2,530.0009/01/2008
MS-65NGCBowers & Merena5,923.0009/01/2008
MS-63PCGSDavid Lawrence RC4,888.0007/31/2008
MS-63PCGSHeritage Auctions2,990.0006/26/2008
MS-64NGCHeritage Auctions3,220.0006/26/2008
MS-63PCGSBowers & Merena3,450.0006/01/2008
MS-62PCGSHeritage Auctions1,724.0004/01/2008
MS-64NGCHeritage Auctions3,450.0004/01/2008
MS-65NGCHeritage Auctions4,313.0001/09/2008
MS-62ANACSHeritage Auctions1,955.0001/09/2008
MS-67NGCHeritage Auctions18,400.0001/01/2008
MS-64NGCHeritage Auctions3,450.0009/27/2007
MS-64PCGSGoldberg Auctioneers3,795.0009/25/2007
MS-64NGCHeritage Auctions2,990.0007/12/2007
MS-62ANACSBowers & Merena1,495.0006/28/2007
MS-65NGCHeritage Auctions4,169.0005/01/2007
MS-66NGCHeritage Auctions5,175.0005/01/2007
MS-63NGCHeritage Auctions2,530.0005/01/2007
MS-62PCGSHeritage Auctions1,840.0005/01/2007
MS-62ANACSHeritage Auctions1,725.0009/13/2006
MS-61PCGSHeritage Auctions1,725.0009/13/2006
MS-66NGCGoldberg Auctioneers5,750.0009/12/2006
MS-65PCGSAmerican Numismatic Rarities5,175.0006/21/2006
MS-65PCGSBowers & Merena6,210.0003/16/2006
MS-63NGCDavid Lawrence RC1,921.0003/06/2006
MS-61ANACSHeritage Auctions1,955.0003/02/2006
MS-65PCGSHeritage Auctions4,888.0002/09/2006
AU-50PCGSHeritage Auctions1,265.0002/09/2006
MS-66NGCGoldberg Auctioneers6,670.0002/07/2006
MS-65NGCHeritage Auctions3,738.0001/04/2006
MS-64PCGSHeritage Auctions2,875.0001/04/2006
MS-61PCGSHeritage Auctions1,610.0001/04/2006
MS-62PCGSHeritage Auctions1,725.0001/04/2006
MS-67PCGSHeritage Auctions10,925.0001/04/2006
MS-66NGCBowers & Merena5,520.0010/27/2005
MS-62NGCScotsman1,380.0010/20/2005
MS-63PCGSHeritage Auctions2,070.0007/27/2005
MS-64NGCBowers & Merena3,048.0007/25/2005
MS-63NGCAmerican Numismatic Rarities1,725.0007/25/2005
MS-61PCGSDavid Lawrence RC1,006.0006/27/2005
MS-65PCGSHeritage Auctions5,175.0005/04/2005
MS-64PCGSHeritage Auctions2,760.0005/04/2005
MS-62PCGSGoldberg Auctioneers1,323.0002/23/2005
MS-64NGCHeritage Auctions2,336.0002/13/2005
AU-50NONEStack's1,898.0001/19/2005
MS-63PCGSHeritage Auctions2,530.0001/12/2005
MS-63PCGSHeritage Auctions2,013.0001/12/2005
MS-64NGCHeritage Auctions1,955.0001/12/2005
MS-67NGCBowers & Merena9,200.0001/09/2005
MS-68PCGSHeritage Auctions25,300.0012/08/2004
MS-66NGCDavid Lawrence RC6,325.0011/28/2004
MS-67PCGSHeritage Auctions8,740.0011/04/2004
MS-64PCGSHeritage Auctions2,645.0009/09/2004
MS-63PCGSHeritage Auctions2,300.0008/18/2004
MS-64NGCHeritage Auctions2,530.0007/20/2004
MS-66NGCBowers & Merena6,900.0007/08/2004
MS-61NGCHeritage Auctions978.0006/03/2004
MS-64NGCHeritage Auctions2,358.0001/07/2004
MS-63NGCHeritage Auctions2,185.0011/07/2003
MS-62PCGSHeritage Auctions1,064.0007/26/2003
MS-66NGCSuperior Galleries5,750.0005/27/2003
MS-63PCGSSuperior Galleries1,840.0002/24/2003
MS-66NGCSuperior Galleries6,613.0002/24/2003
MS-64NGCHeritage Auctions2,128.0001/08/2003
MS-67PCGSSuperior Galleries13,800.0001/06/2003
MS-61PCGSHeritage Auctions805.0011/25/2002
MS-65NGCHeritage Auctions5,290.0006/01/2002
MS-66PCGSHeritage Auctions5,463.0004/25/2002
MS-66NGCHeritage Auctions6,325.0004/01/2002
MS-63PCGSGoldberg Auctioneers1,610.0002/18/2002
MS-66PCGSHeritage Auctions7,763.0001/09/2002
MS-63NGCHeritage Auctions1,150.0011/28/2001
MS-65NGCHeritage Auctions3,910.0011/15/2001
MS-63PCGSHeritage Auctions1,208.0010/03/2001
AU-50ANACSHeritage Auctions374.0010/03/2001
MS-66NGCHeritage Auctions4,600.0005/30/2001
MS-64PCGSSuperior Galleries1,610.0005/27/2001
MS-64PCGSHeritage Auctions1,610.0002/01/2001
MS-66PCGSHeritage Auctions4,800.0012/14/2000
MS-66PCGSHeritage Auctions4,629.0010/01/2000
MS-67NGCHeritage Auctions7,475.0002/12/2000
MS-66NGCSotheby's6,050.0011/01/1999
MS-66PCGSBowers & Merena7,475.0008/30/1999
MS-66NGCSotheby's6,325.0006/01/1999
MS-67PCGSGoldberg Auctioneers8,910.0005/31/1999
MS-68PCGSGoldberg Auctioneers18,150.0005/31/1999
MS-66NGCHeritage Auctions5,635.0003/11/1999
MS-67PCGSHeritage Auctions14,490.0001/06/1999
MS-65NGCHeritage Auctions3,450.0003/19/1998
MS-66PCGSBowers & Merena6,380.0007/28/1997
MS-67NONEBowers & Merena12,100.0004/01/1997
MS-66NGCBowers & Merena4,400.0001/08/1997
MS-64PCGSBowers & Merena3,300.0011/01/1996
MS-64PCGSHeritage Auctions1,540.0003/01/1995
MS-65NONEStack's4,840.0010/01/1992
MS-65PCGSRARCOA7,700.0008/10/1990
MS-65NONEBowers & Merena8,250.0011/01/1988
MS-63NONEStack's1,100.0001/01/1984
MS-63NONENumismatic Gallery12.0001/01/1945
MS-65NONEB. Max Mehl4.2006/01/1941