1887 $1 Morgan Silver Dollar PCGS MS67

Here's a common date Morgan dollar in a superior grade. PCGS has graded 269 as MS67 with 41 finer. When you consider that PCGS has graded 170,921 examples of this issue, then, when considering rarity in relation to grade, then this piece is rare. In its exalted grade of MS67 it is also affordable. Plus there is attractive orange toning on over half of the reverse of this beauty.

Author and dealer/auctioneer David Bowers writes on this issue:

The mintage record in the Morgan series set in 1886 by Philadelphia didn't last long, and the 20,290,000 production figure for 1887 eclipsed it, if only by a narrow margin. The new record would stand until 1921.

The record high mintage of 1887 Morgan dollars translates neatly today into the issue being the most plentiful of all Morgan issues of the early period from 1878 to 1904. Specimens are easily available in just about every circulation strike grade imaginable, from well-worn through MS-65. Those who like higher numbers, buyers mainly from the investment (rather than the numismatic) sector, will have no trouble loading themselves down with MS-66, MS-67, etc., coins.