1881 O [VAM-5] Morgan Dollar — Coin Value

Morgan Dollar

What the 1881 O [VAM-5] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1881 O [VAM-5] Morgan Dollar value — Ungraded $78 · MS62 $121. Prices updated August 2026.

Series · Morgan DollarMint · OYear · 1881
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Which version do you have?

For the cheapest way to own an 1881 O Morgan Dollar, grab the Standard version for $60. The premium versions like VAM-1F ($230) and VAM-1D ($177) offer superior grading and rarity, appealing to serious collectors. If you are budget-conscious, the VAM-5 ($78) is a good step up from Standard. Otherwise, save your money unless you specifically seek the highest scarcity.

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Item details

Series
Morgan Dollar
Year
1881
Mint
O

1881 O [VAM-5] Morgan Dollar value

A raw (ungraded) 1881 O [VAM-5] Morgan Dollar runs around $78, a certified MS62 about $121, and a high-grade MS66 commands null.

What drives the price

Grade, mint mark, strike quality, and key dates drive coin value. Certified (slabbed) coins carry a premium over raw; low-mintage years and full-strike examples appreciate the most.

Price guide

What this actually trades for — sold values by condition vs. what sellers are asking today

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ConditionValueBased on
Ungraded$78eBay sold comps
MS62$121eBay sold comps

Frequently asked questions

What is the starting resale value for the 1881 O Morgan Dollar?
An ungraded 1881 O Morgan Dollar can be found starting around $78.
How much more is an MS66 graded coin worth compared to an MS62?
The MS66 grade is valued at $1498, significantly higher than the $120 price for an MS62.
What is the mint mark for this 1881 Morgan Dollar?
This specific 1881 Morgan Dollar originates from the O mint.

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