1887 S [VAM-2] Morgan Dollar — Coin Value

Morgan Dollar

What the 1887 S [VAM-2] Morgan Dollar is worth — ungraded vs graded (MS62 / MS66).

1887 S [VAM-2] Morgan Dollar value — Ungraded $85 · MS62 $341 · MS66 $12,123. Prices updated August 2026.

Series · Morgan DollarMint · SYear · 1887
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Value by grade
$85
Ungraded
4.0×
$341
MS62
142.6×
$12,123
MS66

Real sold prices per grade — the MS66 premium on this card is 142.6× raw.

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Which version do you have?

For the cheapest way to own an 1887 S Morgan Dollar, purchase the Standard version at $79. The VAM-4 at $432 and VAM-2 at $79 offer graded authentication and higher perceived value, though the price difference for the VAM-2 is negligible. Buyers prioritizing owning the coin without significant investment should stick to the Standard. Those seeking certified quality or a higher display grade should pay the premium for the VAM-4.

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Item details

Series
Morgan Dollar
Year
1887
Mint
S

1887 S [VAM-2] Morgan Dollar value

A raw (ungraded) 1887 S [VAM-2] Morgan Dollar runs around $85, a certified MS62 about $341, and a high-grade MS66 commands $12123.

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$85eBay sold comps
MS62$341eBay sold comps
MS66$12,123eBay sold comps

Frequently asked questions

What is the starting value for the 1887 S Morgan Dollar?
The ungraded 1887 S Morgan Dollar has a starting value of $78.
How much more valuable is an MS66 compared to an MS62?
An MS66 grades at $11,534, significantly higher than the MS62 grade of $375.
Which mint mark is associated with this 1887 Morgan Dollar?
This specific series features the 'S' mint mark.

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