History, Information, and Value of 1881 Morgan Dollar
Value of 1881 Morgan Silver Dollar
The 1881 Morgan silver dollar was struck in large quantities at the Philadelphia mint. Quite a few bags were released in the 1950s and 1960s; indeed, so many that in 1955 one dealer offered rolls of 20 Uncirculated coins for $25, equivalent to $1.25 per coin. Today, circulated specimens are very common. However, sharpness of strike varies widely as does the quality of the luster. Lustrous, sharply struck coins with superior eye appeal are hard to find and pose a challenge for the collector.
Circulated 1881 Morgans Are Basically Just Worth Silver: Always available in circulated grades with VF and EF pieces often selling for just a tad over bullion value.
Eye Appeal Matters A Lot For High Grades: Finding a Mint State 1881 Morgan dollar is an easy task no matter the grade you prefer. MS-65 and 66 pieces are not uncommon. Just be sure to cherrypick for strike and surface quality.
Proofs Are Common, But Be Selective: Many of the Proofs struck this year are available today though many have been cleaned at some point; selecting a coin with few hairlines and good all-around eye appeal is essential.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1881.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!