1895-P Morgan Dollar
Key dateThe "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: some 270 million silver dollars were melted under the Pittman Act of 1918 without the dates being recorded, and several issues sat in Treasury vaults for decades before release.
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
Specific to the 1895-P:
- 1Any coin offered as an 1895 business strike should be treated as extraordinary until proven otherwise; no such coin has been authenticated.
- 2Altered dates, typically from 1885 or 1896, are the usual source of fake 1895 dollars.
And for any certified coin
Verify the certification number on the grading service’s own lookup rather than from a photograph of the label, match the listing images to the certification record including grade and any variety attribution, look for cleaning, compare the mintmark against published photographs of the genuine issue, and read the return policy before buying. The grading guide covers each of these in full.
Coin Curator does not grade, authenticate, or appraise coins, and publishes no price or population data. These are verification steps, not a valuation.
Verify a certification number
Look a 1895-Pcertification number up on the service’s own site. A photograph of a label proves nothing.
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.
Related dates
Guides for this coin
All guides →Morgan Dollar Key Dates and Varieties
The 1893-S, 1895 Proof-only, 1889-CC, and important VAM varieties show why date, mint, attribution, and condition must be researched together.
1 min readVintage GuideCarson City Mint: Why CC Coins Command Premiums
Carson City Mint operated 1870-1885 + 1889-1893. Coins from the silver mined down the road. Low mintages, frontier-era history, and the iconic CC mint mark, the most romantic coins in US numismatics.
2 min readEducationWhat Makes a Coin a “Key Date”, and Why It Drives Value
Coins from the same series can differ sharply in availability and demand. Learn how date, mintmark, variety, grade, and surfaces shape key-date research.
1 min readBuying GuideApproachable Key-Date Coins to Research First
Seven dates that teach scarcity, identification, grade tradeoffs, and counterfeit-aware buying, without promising a fixed price or resale result.
1 min readMintage 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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