1887-P Morgan Dollar
PCGS Gold Shield Graded
- Listing Type:
- This item is For Sale - Buy It Now
- Quantity:
- 1 available for sale
- Buy It Now For:
- $60.00
- Shipping:
- $10.60 USPS Priority Mail Padded Rate Envelope (2 to 3 business days) - (more details)
- Returns:
- Returns are not Accepted - (more details)
- Certified by:
- PCGS
- Certification Number:
- 50438412
- Condition or Grade of Item:
- AU50
- Payment Methods Accepted:
-
Item Description
The 1887-P Morgan Silver Dollar in AU50 condition is a beautiful, historically significant coin that offers both affordability and a strong collectible appeal. Here’s why this coin would make a great addition to your collection:
Historical Significance:
The Morgan Dollar, struck from 1878 to 1904, embodies a pivotal era in American history—post-Civil War Reconstruction, the industrial revolution, and westward expansion. The 1887-P Morgan Dollar, minted at the Philadelphia Mint, hails from this transformative period, representing America's growth as an industrial and economic powerhouse.
Philadelphia, as the U.S.'s oldest and primary mint, produced Morgan Dollars with sharp, clean strikes, and the 1887 issue was no exception. It was a time of optimism and prosperity for many, with the Morgan Dollar symbolizing the nation's rising wealth. Owning this coin connects you to that vibrant chapter of American history, where these large, silver dollars were used in everyday commerce and embodied the spirit of American progress.
Rarity:
While the 1887-P Morgan Dollar had a high mintage of 20.3 million, finding well-preserved examples in AU50 (Almost Uncirculated) condition offers a special challenge. Many of these coins were circulated heavily in the late 19th and early 20th centuries, and coins in AU50 still retain much of their original detail, luster, and eye appeal, though with minor wear from circulation.
In AU50, the coin exhibits light wear on the highest points but retains about 90-95% of its original mint luster, giving it the look of a near-mint state coin at a fraction of the cost. This grade is highly sought after by collectors who want a visually appealing coin without paying the premium for uncirculated grades.
Estimated Market Value:
The 1887-P Morgan Dollar in AU50 typically carries a market value of $40 to $80, depending on specific characteristics like the strength of the strike and eye appeal. This makes it an affordable and accessible option for both new and seasoned collectors who want a quality coin from a significant year without the high cost of uncirculated examples.
Investment Potential:
Morgan Dollars, in general, are popular among investors and collectors for their historical value and intrinsic silver content. The 1887-P, though not the rarest of the Morgan series, remains highly collectible, especially in grades like AU50, where the coin retains its detail and appeal without reaching the prices of higher mint state coins.
Given the consistent demand for Morgan Dollars, investing in an AU50 1887-P Morgan Dollar offers a solid combination of historical significance, collectible appeal, and stable market value. As time passes, coins in AU50 will continue to become scarcer as more are absorbed into private collections, potentially increasing their value.
Why This Coin?
Owning an 1887-P Morgan Dollar in AU50 condition allows you to hold a piece of America’s Gilded Age history—a coin that was once part of daily life but still carries the charm and luster of its original minting. It’s an affordable, visually appealing coin with a rich background, making it a valuable addition to any collection and a potential investment for the future.
With its blend of historical significance, rarity in this condition, and attractive market value, the 1887-P Morgan Dollar in AU50 is the perfect piece for collectors seeking both beauty and affordability.
Announcement
I frequently travel for my day job, but I am committed to getting your product to you as quickly as possible. If an order is placed while I’m on the road, I’ll reach out to keep you informed about the expected shipping timeline. To make up for any potential delay, I’ll include a little something extra in your shipment as a token of appreciation for your patience and understanding.
Payment and Shipping Details
Seller IP Address:
- United States Shipping services available:
| Shipping / Handling Cost | Cost For Each Additional Item | Service |
|---|---|---|
| $10.60 | $0.00 | USPS Priority Mail Padded Rate Envelope (2 to 3 business days) |
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Payment methods accepted:
Return Policy:
Returns are not Accepted
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