Coin Condition: MS 67 is a relatively high grade assigned by third-party grading services like PCGS or NGC. It indicates that the coin is in Mint State condition, with minimal signs of wear or damage. An MS 67 Morgan dollar will have excellent luster, sharp details, and no major detracting marks or blemishes.
Rarity: The mintage numbers for Morgan dollars vary significantly from year to year, with some years having lower mintages than others. The 1880s Morgan dollars, in particular, can be considered relatively scarce compared to other decades. The rarity of a specific year and mint mark will influence the value of an MS 67 Morgan dollar.
Market Demand: The demand for Morgan dollars among collectors and investors plays a crucial role in determining their value. Morgan dollars are generally popular and sought after due to their historical significance, attractive design, and silver content. The market demand for MS 67 Morgan dollars can fluctuate, affecting their prices.
Specific Factors: In addition to the overall condition, rarity, and market demand, other factors can influence the value of an 1880s Morgan dollar graded MS 67. These include the specific mint mark (e.g., "S" for the San Francisco Mint), the presence of any special characteristics or varieties, and the overall aesthetics and eye appeal of the coin.
Considering all these factors, the value of an 1880s Morgan dollar graded MS 67 can range from a few hundred to several thousand dollars. It is recommended to consult with reputable coin dealers or refer to reputable coin pricing guides to get an accurate estimate of the value of a specific coin based on its condition, rarity, and market conditions.