1895 $1 (Proof)

Series: Morgan Dollars 1878-1921

PCGS PR67+

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PCGS PR67

PCGS PR66+

PCGS #:: 7330

Designer:: George T. Morgan

Edge:: Reeded

Diameter:: 38.10 millimeters

Weight:: 26.73 grams

Mintage:: 880

Mint:: Philadelphia

Metal:: 90% Silver, 10% Copper

Auction Record:: $150,000 • PR66 • 05-21-2018 • Sotheby's

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	400	R-6.2	23 / 30 TIE	23 / 30 TIE
60 or Better	225	R-6.7	17 / 30 TIE	17 / 30 TIE
65 or Better	20	R-9.1	5 / 30 TIE	5 / 30 TIE

Survival Estimate
All Grades	400
60 or Better	225
65 or Better	20

Numismatic Rarity
All Grades	R-6.2
60 or Better	R-6.7
65 or Better	R-9.1

Relative Rarity By Type All Specs in this Type
All Grades	23 / 30 TIE
60 or Better	17 / 30 TIE
65 or Better	5 / 30 TIE

Relative Rarity By Series All Specs in this Series
All Grades	23 / 30 TIE
60 or Better	17 / 30 TIE
65 or Better	5 / 30 TIE

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	PR68 PCGS grade
2	PR67 PCGS grade
2	PR67 PCGS grade
2	PR67 PCGS grade
2	PR67 PCGS grade
2	PR67 PCGS grade
7	PR67 estimated grade
7	PR67 estimated grade
7	PR67 estimated grade
10	PR66 PCGS grade

#1 PR68 PCGS grade

#2 PR67 PCGS grade

#7 PR67 estimated grade

#10 PR66 PCGS grade

Ron Guth:

Called the "King of Morgan Dollars", the 1895 is one of the most desirable and sought-after dates in the series. Although Mint records indicate a mintage of 12,000 circulation strikes, experts believe that only 880 Proofs were made in 1895. The existence of several circulated examples confuses the issue, but those are believed to have been Proofs that were spent inadvertently. Ownership of this popular rarity is the true measure of completeness for a collection of Morgan Dollars - the 1895 Proof is the only real "stopper" in the series.

Presumably, Proofs can be told apart from potential circulation strikes by the number of edge "reeds" (the raised "bumps" on the edge of the coin). Proofs will have 179 "reeds", whereas circulation strikes will have some other number.

PCGS has graded more Proofs of this date than any other, although the number may be inflated due to re-submissions. A surprising percentage of the coins examined by PCGS have been "spent" Proofs - 87 coins have been certified below Proof-60 (as of June 23, 2010), including one in Proof-06!