ALL NEW!!! - 2027 Red Books Available
Order Your Copy Today!

1881-S $1 MS

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +0.18%
$50.67
1881-S $1  MS
Thank you to our sponsors!
Go check them out!

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
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

Coin Value History
1881-S $1 MS
Value By Grade
1881-S $1 MS
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
Melt Value (Silver): 0.7734 oz +0.18%
$50.67
GSID:7486 PCGS:7130 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1881-S $1 MS
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS69 CAC $96,000 $1,234
MS69 - $66,000 $1,234
MS68 CAC $1,234 $1,234
MS68 - $1,234 $1,234
MS67 CAC $1,234 $1,234
MS67 - $1,234 $1,234
MS66 CAC $1,234 $1,234
MS66 - $1,234 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

Related Items

Other items from this series
See all

Auction Prices

Recent public sale records for this item
See all
1881-S Morgan Silver Dollar. MS-66 (PCGS).
1881-S Morgan Silver Dollar. MS-66 (PCGS).
$342
Sold 8/5/2026
Stack’s Bowers Galleries
1881-S Morgan Silver Dollar. MS-67 (PCGS).
1881-S Morgan Silver Dollar. MS-67 (PCGS).
$793
Sold 8/5/2026
Stack’s Bowers Galleries
1881-S Morgan Silver Dollar. MS-63 (PCGS).
1881-S Morgan Silver Dollar. MS-63 (PCGS).
$124
Sold 8/5/2026
Stack’s Bowers Galleries
1881-S Morgan Silver Dollar. MS-65 (PCGS).
1881-S Morgan Silver Dollar. MS-65 (PCGS).
$171
Sold 8/5/2026
Stack’s Bowers Galleries
1881-S $1 MS64 PCGS. Housed in a Generation 3.1 green label holder. CDN: $91.84 Whsle. Bid for NGC/PCGS MS64. Mintage 12,...
1881-S $1 MS64 PCGS. Housed in a Generation 3.1 green label holder. CDN: $91.84 Whsle. Bid for NGC/PCGS MS64. Mintage 12,...
$124
Sold 8/5/2026
Heritage Auctions
1881-S $1 MS62 NGC. Original Package Included. CDN: $78.27 Whsle. Bid for NGC/PCGS MS62. Mintage 12,760,000. ...
1881-S $1 MS62 NGC. Original Package Included. CDN: $78.27 Whsle. Bid for NGC/PCGS MS62. Mintage 12,760,000. ...
$268
Sold 7/20/2026
Heritage Auctions
1881-S $1 MS68 NGC. ...
1881-S $1 MS68 NGC. ...
$3,904
Sold 7/17/2026
Heritage Auctions
1881-S $1 MS61 NGC. CDN: $78.17 Whsle. Bid for NGC/PCGS MS61. Mintage 12,760,000. ...
1881-S $1 MS61 NGC. CDN: $78.17 Whsle. Bid for NGC/PCGS MS61. Mintage 12,760,000. ...
$89
Sold 6/3/2026
Heritage Auctions
Lot of (2) Choice Mint State 1881-S Morgan Silver Dollars. (ANACS).
$195
Sold 5/27/2026
Stack’s Bowers Galleries
1881-S $1 MS69 NGC....
1881-S $1 MS69 NGC....
$51,600
Sold 4/3/2025
Heritage Auctions
1881-S $1 VAM-1A1.1 Almost Uncirculated NGC. Mintage 12,760,000....
1881-S $1 VAM-1A1.1 Almost Uncirculated NGC. Mintage 12,760,000....
$124
Sold 12/3/2023
Heritage Auctions
1881-S $1 VAM-49 AU58 ANACS....
1881-S $1 VAM-49 AU58 ANACS....
$41
Sold 12/3/2023
Heritage Auctions
1881-S $1 PCGS UNC Detail (Questionable Color)
1881-S $1 PCGS UNC Detail (Questionable Color)
$100
Sold 3/27/2023
DLRC
1881-S $1 ANACS VF25 Details (Cleaned)
1881-S $1 ANACS VF25 Details (Cleaned)
$34
Sold 3/13/2023
DLRC
1881-S $1 NGC AU55
1881-S $1 NGC AU55
$42
Sold 12/23/2019
DLRC
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)
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
Sold 12/8/2013
Heritage Auctions
1881-S $1 AG3 PCGS. PCGS Population (8/224287). NGC Census: (0/214654). Mintage: 12,760,000. Numismedia Wsl. Price for prob...
1881-S $1 AG3 PCGS. PCGS Population (8/224287). NGC Census: (0/214654). Mintage: 12,760,000. Numismedia Wsl. Price for prob...
$29
Sold 9/10/2013
Heritage Auctions
1881-S $1 --Cleaned, Obverse Lamination--ANACS. XF45 Details. NGC Census: (1/158515). PCGS Population (6/178543). Mintage: 1...
1881-S $1 --Cleaned, Obverse Lamination--ANACS. XF45 Details. NGC Census: (1/158515). PCGS Population (6/178543). Mintage: 1...
$16
Sold 11/9/2008
Heritage Auctions
1881-S Morgan Silver Dollar. MS-66 (NGC).
1881-S Morgan Silver Dollar. MS-66 (NGC).
$342
Sold 8/5/2026
Stack’s Bowers Galleries
1881-S $1 MS67 NGC. CDN: $750 Whsle. Bid for NGC/PCGS MS67. Mintage 12,760,000. ...
1881-S $1 MS67 NGC. CDN: $750 Whsle. Bid for NGC/PCGS MS67. Mintage 12,760,000. ...
$915
Sold 8/5/2026
Heritage Auctions
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

From the Greysheet Marketplace

Live listings from Greysheet dealers
See all

Greysheet News

Greysheet Offers Former Numismaster Subscribers 3 Months Free Subscription
Greysheet Offers Former Numismaster Subscribers 3 Months Free Subscription

Numismaster.com ceased operations on July 31, leaving paid digital subscribers scrambling to pursue other options for their numismatic information.

Special Quarters Headed for Circulation
Special Quarters Headed for Circulation

The search is on for special quarter dollars that will be placed in circulation by the United States Mint as part of the nation's Semiquincentennial celebration.

The Business of Numismatics: August 2026 Greysheet Editor's Letter
The Business of Numismatics: August 2026 Greysheet Editor's Letter

With the month of July and all the celebrations of Independence Day behind us, the rare coin market looks with anticipation to August.

Events

Heritage Auctions: US Currency Tuesday Select Auction
Heritage Auctions: US Currency Tuesday Select Auction Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: World Paper Money Tuesday Select Auction
Heritage Auctions: World Paper Money Tuesday Select Auction Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction Location: Heritage Auctions
Wednesday, June 3, 2026