1886 Morgan Silver Dollar
- 1886 Morgan Silver Dollar Worth
- 1886 Morgan Silver Dollar Worth
- 1886 Morgan Silver Dollar Mint Mark
- 1886 Morgan Silver Dollar No Mint Mark
The 1886 Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Morgan Silver Dollar
Year: 1886
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.07
The US minted the 1886 silver dollar with no mint mark and also the 1886 O silver dollar and 1886 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
1886-S Morgan Silver Dollar, Challenging Date in Gem, PQ & Blast White PCGS MS65. The design of the Morgan dollar stayed reasonably steady over the life of its run. However, when the mint resurrected the Morgan design in 1921, they had to re-create the master coin hub used to create working coin dies. The changes to the new coin dies were so minor that they are barely noticeable. Therefore, all United States Morgan silver.
| Series | Location | Quantity Minted |
|---|---|---|
| 1886 | Philadelphia | 19,963,000 |
| 1886 O | New Orleans | 10,710,000 |
| 1886 S | San Francisco | 750,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.07 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.24 per ounce.
The 1886 silver dollar with no mint mark is worth around $30 in very fine condition. In extremely fine condition the value is around $33. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $120.
The 1886 O silver dollar is worth around $42 in very fine condition. In extremely fine condition the value is around $45. In uncirculated condition the price is around $875 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $150,000.
The 1886 S silver dollar is worth around $78 in very fine condition. In extremely fine condition the value is around $115. In uncirculated condition the price is around $350 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,600.
Proof coins with no mint mark are available and they are each valued at around $3,000 in PR 63 condition. There were only 886 proof coins minted.
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1886 Morgan Silver Dollar Worth
Grading System
Very fine- Two thirds of Liberty's hair lines from above her forehead to her ear are visible.
Extremely fine- Liberty's hair lines and ear look strong.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
1886 Morgan Silver Dollar Worth
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks are present but they are barely noticeable.
1886 Morgan Silver Dollar Mint Mark
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
1886 Morgan Silver Dollar No Mint Mark
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