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The 1881-S Morgan dollar is a very common coin in all grades through MS67 and is one of the few Morgan dollars that can be found with relative ease even in MS68. A tiny handful of MS69s exist but are priced well beyond reach of the typical Morgan collector and are the territory of a few competitive registry set collectors who regularly lay out any amount necessary to claim the top-grading set. PLs and DMPLs are readily available up to about MS65, though higher-grading specimens become challenging and are extremely rare in the vicinity of MS67 or higher.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
7486
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1881
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1881-S
Denomination:
$1
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
12,760,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7130
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Body: Referring page: http://livetest.greysheet.com/prices/item/1881-s-morgan-silver-dollar-coin-values/gsid/7486 GSID: 7486 Title: 1881-S $1 MS
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Coin Value History
1881-S $1 MS
Value By Grade
1881-S $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS69 |
|
$96,000 | $1,234 |
| MS69 | - | $66,000 | $1,234 |
| MS68 |
|
$1,234 | $1,234 |
| MS68 | - | $1,234 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $46 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $63 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $69 – $60,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $145 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $320 – $5,400
1878 8TF $1 MS
Worth: $51 – $120,000
1878 8TF $1 MS PL
Worth: $200 – $7,800
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $46 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $73 – $7,500
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $50 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $46 – $3,200
1881-S Morgan Silver Dollar. MS-65 (PCGS).
$183
1881-S GSA Morgan Silver Dollar. Soft Pack. MS-64 (NGC).
$366
1881-S $1 MS66 PCGS. CDN: $300 Whsle. Bid for NGC/PCGS MS66. Mintage 12,760,000. ...
$366
1881-S $1 MS63 ANACS. Housed in a small-sized holder. Mintage 12,760,000. ...
$114
1881-S $1 MS60 PCGS. Housed in a Generation 2.1 green label holder. CDN: $61.22 Whsle. Bid for NGC/PCGS MS60. Mintage 12,76...
$378
1881-S $1 MS67 NGC. Housed in a Generation 5 fatty holder. CDN: $750 Whsle. Bid for NGC/PCGS MS67. Mintage 12,760,000. ...
$915
1881-S Morgan Silver Dollar. Unc Details--Artificial Toning (NGC).
$171
1881-S $1 MS62 NGC. CDN: $74.08 Whsle. Bid for NGC/PCGS MS62. Mintage 12,760,000. ...
$119
1881-S $1 MS68 PCGS. CAC. ...
$5,368
Lot of (2) 1881-S Morgan Silver Dollars. (PCGS).
$139
1881-S $1 MS61 NGC. CDN: $78.17 Whsle. Bid for NGC/PCGS MS61. Mintage 12,760,000. ...
$89
1881-S $1 MS69 NGC....
$51,600
1881-S $1 VAM-78 AU58 ANACS. Mintage 12,760,000....
$53
1881-S $1 VAM-1A1.1 Almost Uncirculated NGC. Mintage 12,760,000....
$124
1881-S $1 ANACS VF25 Details (Cleaned)
$34
1881-S $1 NGC AU55
$42
37 Variously Dated and Graded Morgan Dollars in PCGS, including: (2)1881-S AG3; (2)1883 Fair 2; (2)1883-O Fair 2; (2)1883-O AG... (Total: 37 coins)
$999
1881-S $1 AG3 PCGS. PCGS Population (8/224287). NGC Census: (0/214654). Mintage: 12,760,000. Numismedia Wsl. Price for prob...
$29
1881-S $1 --Cleaned, Obverse Lamination--ANACS. XF45 Details. NGC Census: (1/158515). PCGS Population (6/178543). Mintage: 1...
$16
1881-S $1 MS65 PCGS. CDN: $175 Whsle. Bid for NGC/PCGS MS65. Mintage 12,760,000. ...
$183
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Events
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Location: Heritage Auctions
Wednesday, July 1, 2026
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Location: Heritage Auctions
Thursday, July 2, 2026
