
The 1888 O Morgan silver dollar is a highly sought-after coin among collectors, and its value can vary depending on its condition. In mint state condition, the coin can be worth upwards of $1,000.
The 1888 O Morgan silver dollar was minted in Philadelphia, and its "O" mint mark indicates that it was produced at the Philadelphia Mint, not the San Francisco or New Orleans mints. This distinction can affect its value and collector appeal.
A well-preserved 1888 O Morgan silver dollar can be a valuable addition to any coin collection, and its condition will play a significant role in determining its worth.
Value and Worth
The 1888 O Morgan Silver Dollar is a relatively scarce coin compared to its Philadelphia counterpart, with only around 12 million minted.
In circulated condition, values range from around $32 to $48 in grades up to XF45.
Coins graded 2 have a slight premium over those graded 1 and 3, worth around $38.
In uncirculated condition, values start at just south of three figures and rise gradually to MS63+, worth $145.
At MS64, the value jumps to $165, while a gem MS65 coin is worth around $400.
Coins in the finest condition command high prices, with the PCGS grading less than 400 at MS66, and valuing those at $1,800 each.
The 60 coins graded a point higher are each worth around $4,500, and the very finest, graded MS67, is valued at $18,500.
The silver melt value for this coin is $25.34, which is calculated from the current silver spot price of $32.76 per ounce.
In uncirculated condition, the price is around $75 for coins with an MS 60 grade, and around $350 for coins with a grade of MS 65.
Value
The 1888 Morgan Silver Dollar is a coin that's worth taking a closer look at, especially if you're interested in collecting or investing in coins. In Average Circulated (AC) condition, it's worth around $33.00.

Its silver melt value is $25.34, which is calculated from the current silver spot price of $32.76 per ounce. This means that if you melt the coin down, you'll get a certain amount of silver, but if you keep it as a collectible, its value can be much higher.
In very fine condition, the 1888 silver dollar with no mint mark is worth around $48. In extremely fine condition, the value is around $49. In uncirculated condition, the price is around $70 for coins with an MS 60 grade.
Uncirculated coins with a grade of MS 65 can sell for around $225. The 1888 O silver dollar is worth around $48 in very fine condition, and in extremely fine condition, the value is around $50. In uncirculated condition, the price is around $75 for coins with an MS 60 grade.
Uncirculated coins with a grade of MS 65 can sell for around $350. The 1888 S silver dollar is worth around $150 in very fine condition, and in extremely fine condition, the value is around $165. In uncirculated condition, the price is around $500 for coins with an MS 60 grade.
Uncirculated coins with a grade of MS 65 can sell for around $2,500. Proof coins with no mint mark are available and they are each valued at around $3,750 in PR 63 condition. There were only 883 proof coins minted.
The

The concept of "The" is a fundamental aspect of defining value and worth. It's a simple yet powerful word that can greatly impact how we perceive ourselves and others.
In many cultures, "The" is used to signify importance or prestige, such as in titles like "The President" or "The CEO". This emphasizes the value and worth of the person holding the position.
Defining value and worth can be subjective, but using "The" can help make it more concrete. For example, saying "The best employee" is more specific and tangible than simply saying "a great employee".
Our perceptions of value and worth are often influenced by societal norms and expectations. Using "The" can help us recognize and respect these norms, such as in phrases like "The most talented artist" or "The most successful entrepreneur".
In personal relationships, using "The" can also convey a sense of importance and appreciation, such as saying "The love of my life" or "The best friend a person could ask for".
Features and Specifications
The 1888 O Morgan Silver Dollar is a beautiful coin with some notable features. It's made of 90% silver and 10% copper, giving it a unique composition.
The coin measures 38.1 millimeters in diameter and weighs 26.73 grams, which is a substantial weight for a dollar coin. Its size and weight make it a great collector's item.
The 1888 O Morgan Silver Dollar has a series of parallel grooves, known as "reeds", that run along its edge. These reeds are intended to prevent fraud by making it easy to detect if any precious metal has been clipped from the edge of the coin.
Here's a breakdown of the 1888 O Morgan Silver Dollar's specifications:
The 1888 O Morgan Silver Dollar has a face value of $1.00, but its current silver bullion value is $25.34, making it a valuable collector's item.
Core Features of Currency
The 1888 Morgan Silver Dollar is a coin that's full of interesting features. It's made of 90% silver and 10% copper, a composition that's still valuable today.

The coin measures 38.1 millimeters in diameter and weighs 26.73 grams, a size and weight that's easy to spot. The 1888 Morgan Silver Dollar has a face value of $1.00, but its current silver bullion value is significantly higher, at $25.34.
The coin features a distinctive design, including a wreath of leaves on the reverse side. However, some coins from the 1888 batch have a double die error, known as VAM7, which causes doubling on the wreath of leaves towards the bottom of the coin.
To identify the 1888 Morgan Silver Dollar, look for the presence of reeds, parallel grooves that run along the edge of the coin. These reeds are intended to prevent fraud and ensure the coin's integrity.
Here are the different mint marks and quantities of the 1888 Morgan Silver Dollar:
The value of the 1888 Morgan Silver Dollar can vary greatly depending on its condition and any errors it may have. For example, a coin with the double die error VAM7 graded AU55 can be worth around $65.
Double Die Obverse

Double die errors occur because of a problem during the manufacture of the die used to strike coins.
Condition is key to the value of a silver dollar with a double die obverse error.
An example graded 1 is worth $160, while values drop to $75 at 2 and climb gradually from there.
An extremely fine XF45 coin is worth just over $400.
Mint state examples are very rare and valuable.
A standard MS60 double die obverse is valued by the PCGS at $12,000.
Only five coins have been certified at MS61 and are valued at $17,000 apiece.
One coin has been certified MS63 and is worth $18,500.
No prooflike coins have been found with this error.
Only one deep mirror prooflike coin, graded MS60, has been found with this error.
Reverse of the
The reverse of the 1888 Silver Dollar is a masterpiece of design. Morgan's iconic eagle takes center stage, with outstretched wings and a bundle of arrows in one set of talons and a sprig of olive in the other.

The eagle's head is adorned with the words "In God We Trust" in gothic script, a beautiful touch that adds to the coin's elegance.
Above the eagle's head, the country name curves around the top two-thirds of the coin, a classic design element that adds to the coin's visual appeal.
A ring of beads borders the entire design, adding a touch of sophistication to the coin. If the dollar was struck in New Orleans or San Francisco, it will also feature a mint mark on this side.
The denomination is displayed at the bottom of the coin, separated by a star on either side, making it easy to identify the coin's value.
Hot Lips and Scarface
The "Hot Lips" and "Scarface" Morgan dollars are two of the most famous varieties of the 1888-O Morgan dollar. They're considered VAM Morgan dollars, named after the numismatists who discovered and documented them.
The "Hot Lips" and "Scarface" dollars are identified by their unique characteristics, which make them extremely appealing to coin collectors. Each variety is assigned a number, making them easily identifiable.
These special die varieties are highly sought after by collectors, and their rarity contributes to their value. The "Hot Lips" and "Scarface" dollars are particularly prized for their unique features.
Morgan Silver Dollar Details
The 1888-S Morgan Silver Dollar is a notable coin due to its relatively low mintage of 657,000 dollars struck at the San Francisco Mint.
Its scarcity is a significant factor in its value, especially when compared to the Philadelphia and New Orleans Morgans struck the same year.
Frequently Asked Questions
How rare is a 1888 silver dollar?
A 1888 silver dollar is extremely rare, with fewer than one in ten of the original 657,000 coins believed to still exist today. Its scarcity can make it a valuable find, even in poorer condition.
What was the error on the 1888 silver dollar?
The 1888 Morgan Silver Dollar from the New Orleans Mint features a rare double-strike minting error, where Miss Liberty's facial features are doubled. This unique error makes the coin a highly sought-after collector's item.
Sources
- https://coinappraiser.com/coins/value-of-1888-silver-morgan-dollar/
- https://coinweek.com/the-1888-morgan-dollar-key-varieties-prices/
- https://www.coinvaluechecker.com/how-much-is-a-1888-silver-dollar-worth/
- https://cointrackers.com/coins/13832/1888-o-morgan-silver-dollar/
- https://www.silverrecyclers.com/coins/1888-silver-dollar.aspx
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