Price Guide for 1881 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
1881-S Dollar (Regular Strike)
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3rd Party PriceCirculated: $14.00 – $5,500.00Uncirculated: $3.00 – $48,875.00
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eBayCirculated: $19.57 – $295.00Uncirculated: $1.00 – $14,500.00
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PCGS Price GuideCirculated: $30.00 – $70.00Uncirculated: $75.00 – $165,000.00
1881 Dollar (Regular Strike)
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3rd Party PriceCirculated: $20.00 – $3,200.00Uncirculated: $22.00 – $28,200.00
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eBayCirculated: $5.00 – $425.00Uncirculated: $29.78 – $4,987.49
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PCGS Price GuideCirculated: $30.00 – $70.00Uncirculated: $75.00 – $60,000.00
1881-CC Dollar (Regular Strike)
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3rd Party PriceCirculated: $5.50 – $5,000.00Uncirculated: $160.00 – $67,562.50
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eBayCirculated: $137.50 – $1,380.00Uncirculated: $67.72 – $10,350.00
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PCGS Price GuideCirculated: $250.00 – $585.00Uncirculated: $600.00 – $65,000.00
1881-O Dollar (Regular Strike)
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3rd Party PriceCirculated: $15.00 – $16,000.00Uncirculated: $20.00 – $39,950.00
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eBayCirculated: $18.50 – $599.00Uncirculated: $5.00 – $5,794.03
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PCGS Price GuideCirculated: $32.00 – $73.00Uncirculated: $75.00 – $75,000.00
1881-S Dollar, DMPL (Regular Strike)
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3rd Party PriceCirculated: $170.00 – $1,700.00Uncirculated: $66.00 – $40,250.00
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eBayUncirculated: $82.00 – $2,750.00
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PCGS Price GuideUncirculated: $160.00 – $40,000.00
1881 Dollar (Proof)
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3rd Party PriceCirculated: $374.00 – $9,694.00Uncirculated: $4.20 – $83,950.00
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eBayCirculated: $647.00 – $1,949.99Uncirculated: $96.07 – $12,617.00
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PCGS Price GuideCirculated: $1,050.00 – $1,800.00Uncirculated: $2,550.00 – $85,000.00
1881-O Dollar, PL (Regular Strike)
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3rd Party PriceCirculated: $44.65 – $94.00Uncirculated: $48.00 – $9,988.00
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eBayCirculated: $35.01 – $61.00Uncirculated: $39.01 – $1,133.00
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PCGS Price GuideUncirculated: $140.00 – $17,500.00
1881-CC Dollar, DMPL (Regular Strike)
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3rd Party PriceCirculated: $2,400.00 – $15,000.00Uncirculated: $230.00 – $228,000.00
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eBayUncirculated: $493.00 – $6,125.00
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PCGS Price GuideUncirculated: $675.00 – $52,500.00
1881-S Dollar, PL (Regular Strike)
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3rd Party PriceCirculated: $950.00 – $8,000.00Uncirculated: $31.00 – $23,500.00
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eBayCirculated: $46.00 – $95.00Uncirculated: $0.99 – $6,872.52
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PCGS Price GuideUncirculated: $110.00 – $9,000.00
1881-CC Dollar GSA Hoard (Regular Strike)
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3rd Party PriceUncirculated: $376.00 – $19,387.50
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eBayCirculated: $80.10Uncirculated: $89.95 – $4,150.00
1881-CC Dollar, PL (Regular Strike)
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3rd Party PriceCirculated: $411.00 – $2,900.00Uncirculated: $236.00 – $9,000.00
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eBayUncirculated: $430.00 – $3,360.00
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PCGS Price GuideUncirculated: $600.00 – $11,250.00
1881 Trade Dollar (Proof)
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3rd Party PriceCirculated: $747.00 – $13,718.00Uncirculated: $5.75 – $39,100.00
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eBayCirculated: $1,401.00 – $1,413.00Uncirculated: $1,350.00 – $3,827.00
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PCGS Price GuideCirculated: $1,050.00 – $2,350.00Uncirculated: $2,600.00 – $26,000.00
1881 Trade Dollar, CAM (Proof)
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3rd Party PriceCirculated: $6,325.00Uncirculated: $1,485.00 – $80,500.00
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eBayUncirculated: $2,225.00 – $4,050.00
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PCGS Price GuideUncirculated: $2,800.00 – $120,000.00
1881 Trade Dollar, DCAM (Proof)
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3rd Party PriceUncirculated: $3,450.00 – $51,750.00
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PCGS Price GuideUncirculated: $3,100.00 – $140,000.00
1881 Dollar, PL (Regular Strike)
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3rd Party PriceUncirculated: $41.00 – $6,000.00
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eBayUncirculated: $57.00 – $7,695.00
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PCGS Price GuideUncirculated: $140.00 – $5,250.00
1881 Dollar, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $74.00 – $26,400.00
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eBayUncirculated: $83.00 – $2,042.49
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PCGS Price GuideUncirculated: $315.00 – $32,500.00
1881 Dollar VAM 1 (Regular Strike)
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eBayCirculated: $82.40Uncirculated: $34.40 – $875.00
1881 Dollar VAM 1A (Regular Strike)
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eBayUncirculated: $45.00 – $85.00
1881 Dollar VAM 1A, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $840.00
1881 Dollar VAM 2 (Regular Strike)
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eBayUncirculated: $175.00 – $1,450.00
1881 Dollar VAM 5 (Regular Strike)
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eBayUncirculated: $120.00 – $550.00
1881 Dollar VAM 7 (Regular Strike)
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eBayCirculated: $441.75 – $690.00Uncirculated: $204.50 – $207.50
1881 Dollar VAM 9 (Regular Strike)
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eBayUncirculated: $90.00 – $283.00
1881 Dollar VAM 10 (Regular Strike)
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3rd Party PriceCirculated: $72.00
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eBayUncirculated: $520.00 – $899.00
1881 Dollar VAM 11 (Regular Strike)
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eBayUncirculated: $24.50 – $93.92
1881 Dollar VAM 12 (Regular Strike)
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eBayCirculated: $26.78 – $64.50
1881 Dollar VAM 12, PL (Regular Strike)
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eBayUncirculated: $549.99
1881 Dollar VAM 13 (Regular Strike)
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eBayUncirculated: $54.99
1881 Dollar VAM 14 (Regular Strike)
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eBayUncirculated: $58.40 – $395.00
1881 Dollar VAM 15 (Regular Strike)
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3rd Party PriceCirculated: $32.00
1881-CC Dollar GSA Hoard, PL (Regular Strike)
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3rd Party PriceUncirculated: $456.00 – $2,640.00
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eBayUncirculated: $430.00 – $3,400.00
1881-CC Dollar GSA Hoard, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $576.00 – $11,750.00
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eBayUncirculated: $549.95 – $2,100.00
1881-CC Dollar VAM 1 (Regular Strike)
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eBayUncirculated: $535.00 – $1,121.00
1881-CC Dollar VAM 2 (Regular Strike)
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3rd Party PriceUncirculated: $456.00 – $10,920.00
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eBayUncirculated: $455.05 – $1,675.00
1881-CC Dollar VAM 2, PL (Regular Strike)
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eBayUncirculated: $321.00
1881-CC Dollar VAM 2, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $660.00 – $2,160.00
1881-CC Dollar VAM 3 (Regular Strike)
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3rd Party PriceUncirculated: $780.00 – $4,012.00
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eBayCirculated: $119.50 – $399.95Uncirculated: $1,527.02
1881-CC Dollar VAM 3, PL (Regular Strike)
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3rd Party PriceUncirculated: $1,800.00
1881-CC Dollar VAM 3, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $2,596.00 – $3,240.00
1881-CC Dollar VAM 4 (Regular Strike)
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3rd Party PriceUncirculated: $960.00 – $1,140.00
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eBayCirculated: $208.05Uncirculated: $804.51 – $1,250.00
1881-CC Dollar VAM 6 (Regular Strike)
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3rd Party PriceUncirculated: $3,120.00
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eBayCirculated: $274.00 – $325.00
1881-O Dollar, DMPL (Regular Strike)
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3rd Party PriceCirculated: $1,000.00 – $1,700.00Uncirculated: $48.00 – $40,250.00
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eBayUncirculated: $107.95 – $7,800.00
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PCGS Price GuideUncirculated: $235.00 – $18,500.00
1881-O Dollar GSA Hoard (Regular Strike)
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3rd Party PriceCirculated: $55.00Uncirculated: $51.00 – $1,440.00
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eBayCirculated: $122.50Uncirculated: $86.00 – $2,561.50
1881-O Dollar VAM 1 (Regular Strike)
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3rd Party PriceCirculated: $40.00 – $41.00
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eBayCirculated: $53.00Uncirculated: $50.66 – $316.11
1881-O Dollar VAM 1, PL (Regular Strike)
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eBayUncirculated: $96.00
1881-O Dollar VAM 1D Pummeled Eye (Regular Strike)
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3rd Party PriceCirculated: $149.00 – $282.00Uncirculated: $228.00 – $616.88
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eBayCirculated: $61.00 – $360.00Uncirculated: $61.00 – $1,250.00
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PCGS Price GuideCirculated: $70.00 – $220.00Uncirculated: $240.00 – $600.00
1881-O Dollar VAM 1D Pummeled Eye, PL (Regular Strike)
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3rd Party PriceUncirculated: $870.00 – $2,640.00
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eBayUncirculated: $200.00
1881-O Dollar VAM 1D Pummeled Eye, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $1,680.00
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eBayUncirculated: $53.99
1881-O Dollar VAM 2 (Regular Strike)
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eBayCirculated: $33.99 – $115.00Uncirculated: $51.76 – $275.00
1881-O Dollar VAM 2A (Regular Strike)
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eBayCirculated: $36.55
1881-O Dollar VAM 3 (Regular Strike)
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eBayUncirculated: $85.00 – $214.30
1881-O Dollar VAM 4 (Regular Strike)
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eBayUncirculated: $1,450.00
1881-O Dollar VAM 5 So-Called O/S (Regular Strike)
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3rd Party PriceCirculated: $65.00 – $110.00Uncirculated: $69.00 – $1,057.50
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eBayUncirculated: $85.00 – $925.00
1881-O Dollar VAM 5 So-Called O/S, PL (Regular Strike)
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3rd Party PriceUncirculated: $110.00 – $559.00
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eBayUncirculated: $364.00 – $500.00
1881-O Dollar VAM 5 So-Called O/S, DMPL (Regular Strike)
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3rd Party PriceUncirculated: $552.00 – $660.00
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eBayUncirculated: $850.00
1881-O Dollar VAM 6 (Regular Strike)
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eBayCirculated: $18.20
1881-O Dollar VAM 8 (Regular Strike)
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eBayCirculated: $48.00Uncirculated: $62.55
1881-O Dollar VAM 9 (Regular Strike)
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eBayUncirculated: $52.00
1881-O Dollar VAM 10 (Regular Strike)
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eBayUncirculated: $36.25 – $189.00
1881-O Dollar VAM 12 (Regular Strike)
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eBayUncirculated: $60.00
1881-O Dollar VAM 13 (Regular Strike)
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eBayUncirculated: $34.77
1881-O Dollar VAM 14 (Regular Strike)
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eBayUncirculated: $33.00 – $61.03
1881-O Dollar VAM 15 (Regular Strike)
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eBayCirculated: $28.77Uncirculated: $37.00
1881-O Dollar VAM 15, PL (Regular Strike)
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eBayUncirculated: $275.00
1881-O Dollar VAM 16, DMPL (Regular Strike)
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eBayUncirculated: $171.93
1881-O Dollar VAM 17 (Regular Strike)
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eBayUncirculated: $155.50 – $200.00
1881-O Dollar VAM 18 (Regular Strike)
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eBayUncirculated: $22.50
1881-O Dollar VAM 20 (Regular Strike)
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eBayUncirculated: $55.00
1881-O Dollar VAM 21 (Regular Strike)
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eBayCirculated: $36.35
1881-O Dollar VAM 22 (Regular Strike)
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eBayUncirculated: $850.00
1881-O Dollar VAM 25 (Regular Strike)
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eBayUncirculated: $48.00
1881-O Dollar VAM 26 (Regular Strike)
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3rd Party PriceUncirculated: $100.00
1881-O Dollar VAM 27 Doubled Ear (Regular Strike)
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3rd Party PriceCirculated: $63.00 – $329.00Uncirculated: $204.00 – $676.00
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eBayCirculated: $50.00 – $275.00Uncirculated: $150.00 – $5,750.00
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PCGS Price GuideCirculated: $50.00 – $265.00Uncirculated: $400.00 – $1,400.00
1881-S Dollar GSA Hoard (Regular Strike)
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3rd Party PriceUncirculated: $156.00 – $1,680.00
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eBayUncirculated: $35.00 – $13,900.00
1881-S Dollar GSA Hoard, PL (Regular Strike)
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eBayUncirculated: $145.03 – $525.00
1881-S Dollar VAM 1 (Regular Strike)
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eBayUncirculated: $49.00 – $450.00
1881-S Dollar VAM 1A (Regular Strike)
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eBayUncirculated: $99.95 – $99.99
1881-S Dollar VAM 2 (Regular Strike)
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eBayCirculated: $99.00 – $107.50Uncirculated: $49.00 – $2,500.00
1881-S Dollar VAM 2, PL (Regular Strike)
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eBayUncirculated: $165.00 – $195.00
1881-S Dollar VAM 3 (Regular Strike)
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eBayUncirculated: $49.00 – $550.00
1881-S Dollar VAM 4 (Regular Strike)
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eBayUncirculated: $58.10 – $437.99
1881-S Dollar VAM 5 (Regular Strike)
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eBayUncirculated: $61.00 – $570.00
1881-S Dollar VAM 6 (Regular Strike)
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eBayUncirculated: $52.57 – $800.00
1881-S Dollar VAM 6, PL (Regular Strike)
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eBayUncirculated: $154.50
1881-S Dollar VAM 7 (Regular Strike)
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3rd Party PriceUncirculated: $180.00
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eBayUncirculated: $35.00 – $480.00
1881-S Dollar VAM 8 (Regular Strike)
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eBayUncirculated: $43.88 – $800.00
1881-S Dollar VAM 8A (Regular Strike)
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eBayUncirculated: $46.00
1881-S Dollar VAM 8A, PL (Regular Strike)
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eBayUncirculated: $269.00
1881-S Dollar VAM 9 (Regular Strike)
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eBayUncirculated: $249.95
1881-S Dollar VAM 10 (Regular Strike)
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eBayCirculated: $34.00Uncirculated: $49.00 – $1,275.00
1881-S Dollar VAM 10, PL (Regular Strike)
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eBayUncirculated: $76.66
1881-S Dollar VAM 11 (Regular Strike)
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eBayUncirculated: $58.00 – $130.00
1881-S Dollar VAM 11, PL (Regular Strike)
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eBayUncirculated: $95.00
1881-S Dollar VAM 12 (Regular Strike)
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eBayUncirculated: $90.00 – $296.96
1881-S Dollar VAM 12, PL (Regular Strike)
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eBayUncirculated: $113.95
1881-S Dollar VAM 13 (Regular Strike)
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eBayUncirculated: $72.50 – $212.50
1881-S Dollar VAM 14 (Regular Strike)
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3rd Party PriceUncirculated: $75.90
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eBayUncirculated: $51.00 – $275.00
1881-S Dollar VAM 14, PL (Regular Strike)
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eBayUncirculated: $156.51
1881-S Dollar VAM 15 (Regular Strike)
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eBayUncirculated: $42.00 – $312.50
1881-S Dollar VAM 15, PL (Regular Strike)
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eBayUncirculated: $57.00
1881-S Dollar VAM 16 (Regular Strike)
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eBayUncirculated: $50.88 – $1,335.00
1881-S Dollar VAM 17 (Regular Strike)
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eBayUncirculated: $64.02 – $112.50
1881-S Dollar VAM 17, PL (Regular Strike)
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eBayUncirculated: $119.49
1881-S Dollar VAM 18 (Regular Strike)
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eBayUncirculated: $129.10 – $220.00
1881-S Dollar VAM 19 (Regular Strike)
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eBayUncirculated: $36.00 – $2,012.00
1881-S Dollar VAM 20 (Regular Strike)
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eBayCirculated: $42.00Uncirculated: $44.00 – $1,375.00
1881-S Dollar VAM 21 (Regular Strike)
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eBayUncirculated: $44.00 – $104.50
1881-S Dollar VAM 22 (Regular Strike)
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3rd Party PriceUncirculated: $114.00 – $264.00
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eBayUncirculated: $44.00 – $95.00
1881-S Dollar VAM 22, PL (Regular Strike)
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eBayUncirculated: $60.00
1881-S Dollar VAM 23 (Regular Strike)
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eBayUncirculated: $86.10
1881-S Dollar VAM 24 (Regular Strike)
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eBayUncirculated: $82.88 – $199.95
1881-S Dollar VAM 25 (Regular Strike)
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eBayCirculated: $46.00 – $72.00Uncirculated: $58.80 – $266.00
1881-S Dollar VAM 26 (Regular Strike)
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eBayUncirculated: $85.00 – $249.95
1881-S Dollar VAM 26, PL (Regular Strike)
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eBayUncirculated: $80.00 – $99.99
1881-S Dollar VAM 27 (Regular Strike)
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eBayUncirculated: $67.00 – $79.75
1881-S Dollar VAM 27, DMPL (Regular Strike)
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3rd Party PriceCirculated: $969.00
1881-S Dollar VAM 28 (Regular Strike)
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eBayUncirculated: $61.91 – $76.14
1881-S Dollar VAM 29 (Regular Strike)
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eBayUncirculated: $97.00 – $189.00
1881-S Dollar VAM 30 (Regular Strike)
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eBayUncirculated: $53.10 – $460.00
1881-S Dollar VAM 30, PL (Regular Strike)
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eBayUncirculated: $224.70
1881-S Dollar VAM 31 (Regular Strike)
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eBayUncirculated: $64.95 – $86.00
1881-S Dollar VAM 32 (Regular Strike)
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eBayUncirculated: $45.09 – $85.00
1881-S Dollar VAM 33 (Regular Strike)
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eBayUncirculated: $59.00 – $83.26
1881-S Dollar VAM 34 (Regular Strike)
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eBayUncirculated: $42.51 – $97.00
1881-S Dollar VAM 35 (Regular Strike)
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eBayUncirculated: $69.93 – $360.00
1881-S Dollar VAM 36 (Regular Strike)
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3rd Party PriceUncirculated: $129.00
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eBayUncirculated: $96.00
1881-S Dollar VAM 36, PL (Regular Strike)
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eBayUncirculated: $300.00
1881-S Dollar VAM 37 (Regular Strike)
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eBayUncirculated: $74.00 – $451.00
1881-S Dollar VAM 38 (Regular Strike)
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eBayUncirculated: $46.00
1881-S Dollar VAM 39 (Regular Strike)
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eBayUncirculated: $87.97 – $890.00
1881-S Dollar VAM 40 (Regular Strike)
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eBayCirculated: $45.44Uncirculated: $51.26 – $182.00
1881-S Dollar VAM 41 (Regular Strike)
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eBayUncirculated: $61.00 – $102.50
1881-S Dollar VAM 42 (Regular Strike)
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eBayUncirculated: $54.00 – $105.06
1881-S Dollar VAM 44 (Regular Strike)
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eBayUncirculated: $70.00 – $168.50
1881-S Dollar VAM 45 (Regular Strike)
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eBayUncirculated: $49.00 – $139.95
1881-S Dollar VAM 46 (Regular Strike)
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eBayUncirculated: $62.00 – $175.00
1881-S Dollar VAM 47 (Regular Strike)
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eBayUncirculated: $42.00 – $175.88
1881-S Dollar VAM 48 (Regular Strike)
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eBayUncirculated: $55.55 – $304.00
1881-S Dollar VAM 49 (Regular Strike)
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eBayUncirculated: $248.70
1881-S Dollar VAM 50 (Regular Strike)
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eBayCirculated: $55.00Uncirculated: $48.00 – $95.99
1881-S Dollar VAM 51 (Regular Strike)
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eBayUncirculated: $86.00 – $105.00
1881-S Dollar VAM 51, PL (Regular Strike)
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eBayUncirculated: $104.00
1881-S Dollar VAM 54B Wounded Eagle Hit List (Regular Strike)
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3rd Party PriceUncirculated: $470.00 – $1,080.00
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eBayUncirculated: $359.67 – $2,700.00
1881 Dollar, CAM (Proof)
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3rd Party PriceUncirculated: $1,725.00 – $46,000.00
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eBayUncirculated: $2,300.00 – $28,300.00
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PCGS Price GuideUncirculated: $2,850.00 – $110,000.00
1881 Dollar, DCAM (Proof)
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3rd Party PriceUncirculated: $29,081.25 – $105,000.00
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PCGS Price GuideUncirculated: $40,000.00 – $200,000.00
Design and Specifications of the 1881 Dollar
The 1881 Morgan Silver Dollar is part of the iconic Morgan Dollar series, which was minted from 1878 to 1904, and again in 1921. Named after its designer, George T. Morgan, this coin played a crucial role in American commerce and is highly regarded by collectors today.
The year 1881 saw continued production of Morgan Dollars across multiple mints, reflecting the ongoing implementation of the Bland-Allison Act of 1878, which required the Treasury to purchase large amounts of silver for coin production.
| Weight | 26.73 grams |
|---|---|
| Diameter | 38.1 mm |
| Mint Marks | None (Philadelphia), O (New Orleans), S (San Francisco), CC (Carson City) |
| Composition | 90% silver, 10% copper |
| Obverse Design | Liberty head with flowing hair, surrounded by 13 stars, designed by George T. Morgan |
| Reverse Design | Eagle with wings spread, holding arrows and olive branch, designed by George T. Morgan |
Rarity Factors and Value Drivers
Condition plays a crucial role in determining the value of 1881 Morgan Dollars. Coins in uncirculated condition (MS60 and above) are significantly more valuable than circulated examples. The rarity and value increase dramatically for coins graded MS65 and higher, especially for the Carson City mint.
For all mint locations, coins with deep, frosty luster and minimal contact marks command premium prices. The Carson City issues, in particular, are highly sought after in all grades due to their low mintage and the popularity of the CC mint mark among collectors.
Philadelphia, No Mint Mark
Mintage: 9,163,975
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in grades up to MS65, scarce in MS66 and above
Varieties Errors: None significant
Market Demand: Moderate, popular as a type coin
New Orleans, O
Mintage: 5,708,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, slightly higher than Philadelphia
San Francisco, S
Mintage: 12,760,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate
Carson City, CC
Mintage: 296,000
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in MS65 and above
Varieties Errors: None significant
Market Demand: High, due to low mintage and Carson City mystique
Toning can significantly impact the value of 1881 Morgan Dollars. Coins with attractive, natural toning patterns, especially those with vibrant rainbow colors, can command substantial premiums over untoned examples.
Strike quality is another important factor. Well-struck coins with full detail, particularly on Liberty’s hair and the eagle’s feathers, are more desirable. The New Orleans and Carson City issues are often weakly struck, making strong examples more valuable.
For the Carson City mint, the GSA hoard releases in the 1970s have had a lasting impact on the market. CC Morgans sold in original GSA holders often command a premium over those in regular holders.
This article originally appeared on Coins-value.com: 1881 Dollar Value: Mint Varieties, Rarity, And Current Prices
