1887 Philadelphia Morgan Silver Dollar
This 1887 Morgan Silver Dollar is a premier example from one of the most prolific years in the history of the Philadelphia Mint. Struck during a period of massive silver surplus, the 1887-P (no mint mark) saw a staggering mintage of over 20.2 million units. Because so many of these were stored in Treasury vaults for decades and later released in uncirculated bags during the 1950s and 60s, the 1887 is considered one of the most accessible dates for collectors seeking a "Mint State" example of the series. While common, Philadelphia strikes from this year are often praised for their satiny, luminous surfaces and relatively sharp details on Lady Liberty’s hair. For the modern investor or collector, it remains the quintessential "type coin" for the Morgan series. Please consult the photos to evaluate the original luster and the presence of any "bag marks" typical of this high-volume issue.