1887 Silver Dollar Value
A worn 1887 silver dollar sells for about $56–86: its silver value plus a small collector premium.
Uncirculated ones bring $96–146, and a certified MS65 brings $175–300.
Keep it or sell it for its silver. A coin dealer or bullion buyer will pay close to melt value.
Value by mint mark
| Coin | Made | Worn | Uncirculated | MS65 |
|---|---|---|---|---|
| 1887-O | 11,550,000 | $56–86 | $125–250 | $1,800–2,800 |
| 1887 (no mint mark) | 20,290,000 | $56–86 | $96–146 | $175–300 |
| 1887-S | 1,771,000 | $56–86 | $175–325 | $1,400–2,200 |
Worn means a coin with normal wear from circulation. Uncirculated means no wear at all (MS60 to MS63). MS65 is a certified, near-flawless coin. Prices tied to silver update with the live silver price.
Find the mint mark
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
What it's made of
- 90% silver, 10% copper, 26.73 grams, 0.77344 troy oz of silver, worth $46.31 today
Varieties and errors to check
1887/6 overdate
Look for: Traces of a 6 under the final 7.
Recognized overdates with premiums.
Typical value: $90–200
Condition matters
Most Morgan dollars are common; value comes from the mint mark, the year and how much wear the coin has. Carson City (CC) coins sell for more across the board.
Mintage
| Coin | Type | Mintage |
|---|---|---|
| 1887-O | For circulation | 11,550,000 |
| 1887 (no mint mark) | For circulation | 20,290,000 |
| 1887-S | For circulation | 1,771,000 |
Questions
Is a 1887 silver dollar silver?
Yes. Every 1887 silver dollar made for circulation contains 0.77344 troy ounces of silver. Its silver value moves with the silver price; the live figure is shown at the top of this page.
Which 1887 silver dollar is worth the most?
Among regular coins, the 1887-O is worth the most, about $1,800–2,800 in MS65. The 1887/6 overdate is the one to look for: typical examples sell for $90–200.
Where is the mint mark on a 1887 silver dollar?
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
Check real sales
Recent sold listings show what coins in your condition actually bring: see sold 1887 silver dollars on eBay.
More Morgan silver dollars: all years and mintages.
Values checked October 7, 2026 against several public price guides and auction results. How values work.