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Some of the proof Morgan dollars struck from 1878 through 1904, as well as the limited number of proof-quality strikes in 1921, exhibit cameo contrast in which the devices, inscriptions, and other raised design elements of the coins bear white, frosty surfaces. The degree to which the cameo contrast bears out varies from piece to piece. But the general idea is that so long as the raised surfaces exhibit mostly complete, if even only light, frostiness then it qualifies as a cameo. This is particularly so if the devices and other raised elements on both sides of the same coin exhibit this cameo contrast.
On older proof coinage such as Morgan dollars, cameo proofs are generally much scarcer than typical proofs exhibiting little to no contrast between the devices and the fields. Cameos are thus not only scarcer than ordinary proofs, but they also command a much larger premium. How does one tell the difference between a cameo proofs and a deep cameo? While the nuances of subjectivity sometimes cause a bit of confusion in this department, as it does in most areas of coin grading, most experts agree that a deep cameo must show heavy frosting on the devices of the obverse and reverse with heavy contrast between the devices and the fields.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
74168
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, [Date]
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Proof
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Variety:
1878-1921
Coin Date:
Morgan Dollar
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
87310
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Body: Referring page: http://www.greysheet.com/prices/item/morgan-silver-dollar-type-coin-proof-strike-cameo-surfaces/gsid/74168 GSID: 74168 Title: Morgan Dollar $1 1878-1921 PR CAM [Type]
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Coin Value History
Morgan Dollar $1 1878-1921 PR CAM [Type]
Value By Grade
Morgan Dollar $1 1878-1921 PR CAM [Type]
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR69 |
|
$240,000 | $1,234 |
| PR69 | - | $210,000 | $1,234 |
| PR68 |
|
$1,234 | $1,234 |
| PR68 | - | $1,234 | $1,234 |
| PR67 |
|
$1,234 | $1,234 |
| PR67 | - | $1,234 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
Morgan Dollar $1 1878-1921 PR [Type]
![Morgan Dollar $1 1878-1921 PR [Type]](https://images.greysheet.com/Ctc/Catalog/20201003/auctions_stacksbowers_com_lots_view_1_1dciu-0.20201003221013187.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $960 – $150,000
1878 7TF $1 Reverse of 1878 PR
Worth: $3,300 – $70,000
1878 7TF $1 Reverse of 1879 PR
Worth: $22,000 – $144,000
1878 8TF $1 PR
Worth: $1,320 – $39,600
1878 8TF $1 Presentation Piece, First Die Pair, VAM-9 SP
1878-S $1 Specimen Strike, VAM-58 SP
Worth: $220,000 – $264,000
1878-S $1 Specimen Strike, Long Knock, VAM-60 SP
Worth: $220,000 – $264,000
1879 $1 PR
Worth: $1,200 – $12,500
1879-O $1 PR BM
Worth: $175,000 – $175,000
1880 $1 PR
Worth: $1,200 – $150,000
1881 $1 PR
Worth: $1,200 – $33,000
1881-O $1 PR BM
Worth: $660,000 – $660,000
1882 $1 PR
Worth: $1,200 – $30,000
1883 $1 PR
Worth: $1,200 – $32,000
1883-O $1 PR BM
Worth: $200,000 – $240,000
1879 $1 PR65 Cameo PCGS. VAM-31, JD-1, R.2. ...
$7,930
1882 $1 PR66 Cameo NGC. ...
$19,520
1903 $1 PR62 Cameo PCGS. VAM-10, JD-1, High R.3. ...
$8,540
1881 $1 PR64+ Cameo PCGS. CAC. VAM-8, JD-1, R.2. ...
$9,150
1880 $1 VAM-13, JD-1, Low R.2, PR67 Cameo NGC. ...
$18,300
1889 $1 PR63 Cameo PCGS. VAM-5, JD-1, High R.2. ...
$5,124
1883 Morgan Silver Dollar. Proof-61 Cameo (PCGS).
$4,392
1882 Morgan Silver Dollar. Proof-68 Cameo (PCGS). CMQ.
$40,800
1880 $1 PR69 Cameo PCGS....
$204,000
1882 Morgan Silver Dollar. Proof. Unc Details--Altered Surfaces (PCGS).
$1,440
1900 $1 PR65 Cameo PCGS. VAM-36, JD-1, R.3. ...
$14,030
1894 $1 VAM-1, JD-1, High R.2, PR66 Cameo NGC. ...
$16,470
1888 $1 PR62 Cameo PCGS. ...
$9,150
1886 $1 PR64 Cameo PCGS. VAM-15, JD-1, R.2. ...
$7,015
1880 Morgan Silver Dollar. JD-1. Rarity-2-. Proof-67 Cameo (PCGS). Retro OGH.
$19,520
1898 $1 PR63 Cameo PCGS. VAM-16, JD-2, High R.4. ...
$6,100
1878 7TF $1 Reverse of 1878 PR61 Cameo NGC. ...
$4,560
1897 $1 PR68 Cameo NGC. ...
$30,500
1885 $1 PR69 ★ Cameo NGC. ...
$100,625
1904 $1 PR65 Cameo PCGS. CAC. VAM-11, JD-2, R.4. ...
$14,640
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Events
Knoxville Coin and Currency Show - TN
Location: Rothchild Catering & Conference Center
Saturday, August 1, 2026
