1887 $1 CAC Green MS63 Morgan Silver $1598

Updated August 20, 2026

This auction ended on August 27, 2026. See upcoming auctions from Iowa Surplus & Estate Auctions.
Lot number661
Estimate312.50 - 2,800.00 USD
AuctionAUG 27 26 GOLD SILVER BULLION SLABBED KNIVES CARDS
DateAugust 27, 2026 at 6:00 PM CDT
Auction houseIowa Surplus & Estate Auctions
LocationCoralville, Iowa

1887 $1 CAC Green MS63 Morgan Silver $1598 This exceptional 1887 Morgan Silver Dollar is a highly desirable specimen graded MS63 by CAC Grading, distinguished by its prestigious CAC Green label which signifies a high-end quality for the assigned grade. The reverse of the coin, visible through the secure holder, showcases a magnificent sharp strike on the eagle's feathers and intricate detail within the wreath. A notable feature of this specific example is the attractive peripheral toning, exhibiting deep amber and charcoal hues along the rim that frame the brilliant original mint luster of the central devices. While the 1887 Philadelphia issue is a classic of the series, finding an example with the Green CAC verification ensures superior eye appeal and technical merit for the discerning collector. This coin represents a perfect blend of numismatic history and verified quality, making it a standout addition to any advanced Morgan Dollar registry or investment portfolio. Condition: This 1887 Morgan Silver Dollar is in Mint State 63 (MS63) condition, signifying a coin with an attractive mint luster and several contact marks or abrasions consistent with a choice uncirculated grade. It features peripheral toning, particularly visible as dark crescent-shaped oxidation along the upper left rim of the reverse. The coin was struck at the Philadelphia Mint, as evidenced by the lack of a mint mark above the "DOLLAR" inscription. The metal content consists of 90% silver and 10% copper, containing a total of 0.77344 troy ounces of pure silver. Historically, the 1887 issue is part of the iconic Morgan series designed by George T. Morgan, minted during a period of massive silver production fueled by the Comstock Lode. The collector value is significantly enhanced by the "CAC Green" designation, which indicates that the Certified Acceptance Corporation has verified the coin as a high-end example for the MS63 grade. While the retail sticker suggests a price of $799, market value for a CAC-verified MS63 can vary based on the eye appeal of the toning. The strike type is a standard business strike intended for circulation, though many remained in Treasury bags for decades. The grading is officially recognized as MS63 by a major third-party service, further validated by the CAC green bean sticker. Morgan Dollar, silver coin, 1887, numismatics, MS63, CAC Green, coin collecting, United States, eagle, one dollar, graded coin, heritage, investment, currency Morgan Silver Dollar, 1887 Morgan Dollar, MS63 Morgan Dollar, CAC Green Label, Numismatic Coins, Rare Silver Dollars, US Mint Coins, Toned Morgan Dollar, Coin Collecting, Heritage Auctions Bidder is fully responsible for: - Determining what an item is worth to you - Evaluating the condition and authenticity of items - Making informed bidding decisions The auction house does explicitly not: - Provide appraisals - Grade items - Authenticate items - Test items - Third-Party Grading is that of the 3rd party and not

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