1887 S Morgan Silver Dollar Value
1887 S Morgan Silver Dollar Value. The morgan silver dollar is one of the most famous and desired u.s. The annual report of the director of the mint, 1887, told of the distribution of silver dollars at the philadelphia mint:
Although the 1887 morgan silver dollar value is $1 at face value, its pawnshop value is $21.45, while its melt value is $18.11. Morgan’s classic design makes the morgan dollar highly desirable to collectors and investors around the world. Many dollars were put into circulation in the late 19th century, after which bags were stored at the san francisco mint and later distributed in the 1940s and 1950s in sealed bags of 1,000 $1 coins, available at face value.