1882 Morgan Dollar

The 1882 Philadelphia, at 11,101,100 pieces, ran a solid P-mint output continuing the early-1880s Morgan Dollar production schedule under the Bland-Allison Act of 1878. Treasury sustained silver purchases at the fixed-price level the act required, and Philadelphia received the standard share of the year's four-mint production order. The 1882-P carries the standard Reverse of 1879 hub configuration with no major sub-varieties anchoring the year's specialist collecting. The mintage figure sits between the larger 1880-P 12.6-million output and the larger 1884-P 14-million figure, reflecting the steady production pace of the early-1880s Philadelphia period as Treasury alternated between high-volume and moderate-volume P-mint allocations.

Strike quality on the 1882 Philadelphia is consistent with early-1880s P-mint work and one of the better-struck dates of the mid-period stretch. Liberty's hair detail and the eagle's central feathers come up cleanly on most coins from early die states. Most surviving examples grade MS62 to MS65 from broken Treasury bag releases, with PCGS, the Professional Coin Grading Service, and NGC populations clustering at MS63 and MS64. MS65 examples are widely available and MS66 represents a meaningful condition tier without anchoring premium pricing. Various Van Allen-Mallis varieties exist for the year, including doubled-die obverses and minor die marriages, but most do not command material premiums outside specialist collector demand for the major Top 100 Morgan VAM listings.

The 1882 Philadelphia is a regular common date and a standard entry-grade Morgan Dollar pickup. Pricing has held flat for two decades at the lower end of the series price band, with the date trading near the 1879-1881 P-mint baseline. The 1882-P pairs with the 1883-P and 1884-P as the mid-1880s P-mint trio that anchors the common-date Philadelphia profile, all three issues available inexpensively in MS65 from Treasury bag-release certified inventory. For the Bland-Allison Act production context and the longer 1878-1904 series arc, see the Morgan Dollar series history.