Silver Dollars & Trade Dollars of the United States - A Complete Encyclopedia
Q. David Bowers
1882-S Morgan: Market Values
1882-S Morgan: Summary of Characteristics
Business Strikes:
Enabling legislation: As earlier, plus Act of February 28, 1878
Designer: George T. Morgan
Weight and composition: 412.5 grains; .900 silver, .100 copper
Melt-down (silver value) in year minted: $0.87833 Dies prepared: Obverse: 55; Reverse: 55.
Business strike mintage: 9,250,000
Estimated quantity melted: Probably several million under the 1918 Pittman Act and later legislation.
Approximate population MS-65 or better: 100,000 to 150,000 (URS-18)
Approximate population MS-64: 120,000 to180,000 (URS-18)
Approximate population MS-63: 180,000 to 250,000 (URS-19)
Approximate population MS-60 to 62: 250,000 to 500,000 (URS-20)
Approximate population G-4 to AU-58: 50,000 to 80,000 (URS-17)
Availability of prooflike coins: Prooflike coins with somewhat satiny fields are common. DMPL coins are much scarcer, but many exist.
Characteristics of striking: Usually seen very well struck.
Known hoards of Mint State coins: It is believed that over a million were in the 1962-1964 Treasury release.
Proofs:
None
Commentary
This is one of the most plentiful early Morgan dollars in Mint State and is usually very attractive.