1888 Silver Dollar Value
A worn 1888 silver dollar with no mint mark sells for about $56–86: its silver value plus a small collector premium.
Uncirculated, that coin brings $96–146, and a certified MS65 brings $175–325. The 1888-S is worth the most: about $100–200 even when worn.
It's worth more than face value even when worn. Compare it with the table and check for the varieties below before selling. The 1888-S is worth the most in worn condition, so check the mint mark first.
Value by mint mark
| Coin | Made | Worn | Uncirculated | MS65 |
|---|---|---|---|---|
| 1888-O | 12,150,000 | $58–86 | $106–166 | $350–550 |
| 1888 (no mint mark) | 19,183,000 | $56–86 | $96–146 | $175–325 |
| 1888-S | 657,000 | $100–200 | $450–700 | $2,200–3,400 |
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
1888-O "Hot Lips" doubled die
Look for: Doubling on Liberty's lips and nose on the front of an 1888-O.
A popular, recognized doubled die (VAM-4) that sells for far more than a normal 1888-O.
Typical value: $175–400
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 |
|---|---|---|
| 1888-O | For circulation | 12,150,000 |
| 1888 (no mint mark) | For circulation | 19,183,000 |
| 1888-S | For circulation | 657,000 |
Questions
Is a 1888 silver dollar silver?
Yes. Every 1888 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 1888 silver dollar is worth the most?
Among regular coins, the 1888-S is worth the most, about $2,200–3,400 in MS65. The 1888-O "Hot Lips" doubled die is the one to look for: typical examples sell for $175–400.
Where is the mint mark on a 1888 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 1888 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.