1895-P Morgan Dollar

Key date

The "King of Morgans". Mint records report 12,000 business strikes for 1895 at Philadelphia, but no example has ever been confirmed to exist, and the accepted explanation is that they were melted before release. What survives are the 880 proofs, which is why the date is collected as a proof-only issue.

Mintage

Business strikes: None confirmed
Mint: Philadelphia (no mintmark)
Mintage rank: 1 of 96
Proofs struck: 880

Rank 1 is the lowest business-strike mintage in the series. Mintage is what the Mint produced, not what survives: millions of silver dollars were melted under the Pittman Act of 1918 without the dates being recorded.

About this figure

Business-strike mintage is shown as none confirmed rather than 12,000. The Mint reported 12,000, but no verified specimen is known; reporting the figure as a surviving mintage would overstate what the record supports.

Scarcity tier

Key date

Assigned from reported mintage alone: under 750,000 is a key date, under 2,500,000 is a semi-key.

This is a reproducible label derived from the mintage column, not a market valuation and not a Coin Curator price opinion. The same thresholds apply to every series on this site. Several dates are far harder or far easier to obtain than their mintage implies; where that is true, it is stated above.

What to check before buying

1Verify the certification number on the grading service's own lookup page, not on the listing. A photograph of a label is not verification.
2Match the coin in the listing photographs to the coin described on the certification record, including the grade and any variety attribution.
3Look for cleaning: unnatural brightness, fine parallel hairlines in the fields, and a flat, lifeless surface under angled light.
4Check the mintmark shape and position against published photographs of the genuine issue. Added and altered mintmarks are the most common silver dollar alteration.
5Read the seller's return policy before bidding or buying, and confirm it covers authenticity and grade disputes.
6Any coin offered as an 1895 business strike should be treated as extraordinary until proven otherwise; no such coin has been authenticated.
7Altered dates, typically from 1885 or 1896, are the usual source of fake 1895 dollars.

Coin Curator does not grade, authenticate, or appraise coins, and publishes no price or population data. These are verification steps, not a valuation. Read the grading guide.

Verify a certification number

If a 1895-Pis offered as certified, look the number up on the grading service’s own site and confirm the date, mintmark, grade, and any variety attribution match the listing. A photograph of a label proves nothing on its own.

PCGS cert lookup NGC cert lookup ANACS cert lookup

Each service publishes its own guarantee with conditions and exclusions. Compare PCGS, NGC and ANACS.

Find a 1895-P for sale

Opens an eBay search for this exact date and mint. Coin Curator does not list inventory, hold stock, or quote prices; verify each listing, seller, and return policy directly.

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Common questions

How many 1895-P Morgan dollars were minted?

No 1895-P business strikes are confirmed to exist. The 880 proofs struck that year are what collectors pursue. Business-strike mintage is shown as none confirmed rather than 12,000. The Mint reported 12,000, but no verified specimen is known; reporting the figure as a surviving mintage would overstate what the record supports.

Is the 1895-P Morgan dollar a key date?

Coin Curator labels it a key date, assigned from reported mintage alone: under 750,000 struck is a key date and under 2,500,000 is a semi-key. The same thresholds are used for every series on this site, so the tiers are comparable between them. That label describes production, not market value or how hard the coin is to find today. The "King of Morgans". Mint records report 12,000 business strikes for 1895 at Philadelphia, but no example has ever been confirmed to exist, and the accepted explanation is that they were melted before release. What survives are the 880 proofs, which is why the date is collected as a proof-only issue.

What should I check before buying an 1895-P Morgan dollar?

Verify the certification number on the grading service's own lookup page, match the listing photographs to the certification record, check for cleaning, and compare the mintmark shape and position against published photographs of the genuine issue. Any coin offered as an 1895 business strike should be treated as extraordinary until proven otherwise; no such coin has been authenticated.

Mintage sources

Mintage figures are U.S. Mint production records, cross-checked against the published tables below on 2026-07-31. Where those tables disagree, the disagreement is disclosed on the affected page rather than resolved silently.

Wikipedia, "Morgan dollar" mintage figures table — Cites Yeoman (A Guide Book of United States Coins) and Van Allen & Mallis.
CoinMintages.com, Morgan dollar mintages — Lists business strikes and proofs separately, including the 1878 tail-feather varieties.
GovMint, Morgan silver dollar mintage chart — Published as sourced from U.S. Mint records.

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