1888 Morgan Dollar
The Morgan Silver Dollar was designed by George T. Morgan and issued for circulation within the United States between the years 1878 to 1921. The obverse features the head of Liberty facing left, wearing a cap with agricultural elements interweaved. The reverse features an American Eagle with wings outstretched.
The 1888 Morgan Silver Dollar was struck at the Philadelphia, New Orleans, and San Francisco Mints. This year includes one lower mintage issue and one important variety.
The Philadelphia Mint issue had the highest mintage at 19,183,000 coins struck. This facility also struck 833 proof coins for direct sale to collectors. These proofs are highly prized and can be difficult to encounter in original state.
The 1888-O Morgan Dollar had a mintage of 12,150,000. This issue is notable for the Red Book listed Double Die obverse or "Hot Lips" variety. There is prominent doubling particularly around the area of the lips.
The lowest mintage issue for this year is the 1888-S Morgan Silver Dollar at 657,000. The coins command a premium even in lower circulated grades, however the premium is not as great as might be expected in higher mint state grades due to surviving specimens from hoards.