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1886-O Morgan Silver Dollar AU++/UNC KEY DATE Nice Coin!
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1886-O Morgan Silver Dollar AU++/UNC KEY DATE Nice Coin!
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1886-O Morgan Silver Dollar AU++/UNC KEY DATE Nice Coin!

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US $349,99
OngeveerEUR 301,56
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    Gratis USPS Priority Mail Legal Flat Rate Envelope®.
    Bevindt zich in: Severn, Maryland, Verenigde Staten
    Levering:
    Geschatte levering tussen di, 26 aug en vr, 29 aug tot 94104
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    eBay-objectnummer:156610567453
    Laatst bijgewerkt op 16 jun 2025 01:54:47 CESTAlle herzieningen bekijkenAlle herzieningen bekijken

    Specificaties

    Denomination
    $1
    Circulated/Uncirculated
    Circulated
    Coin
    Morgan
    Fineness
    0.9
    Grade
    Ungraded
    Country/Region of Manufacture
    United States
    Certification
    Uncertified

    Over dit product

    Product Information

    <h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993)<br/><br/>Coinage Context<br/><br/>Exclusivity: In 1886 the New Orleans Mint struck silver dollars exclusively. Even though the coiners had single-mindedness of purpose, they did a sloppy job, spaced the dies too far apart, and turned out millions of poorly struck coins. Of course, they did not have much pride in what they did, for the New Orleans Mint was unloved by the Mint bureau head-quarters folks in Washington, and, in any event, most recent production efforts involving silver dollars at New Orleans saw coins going from press to bag to storage; there was not much satisfaction in that seemingly unappreciated, futile effort.<br/><br/>Numismatic Information<br/><br/>An anomaly: Among Morgan dollars, the 1886-O is somewhat of an anomaly. The mintage figure of 10,710,000 circulation strikes is overwhelming and even puts in the shade such common coins as the 1883-O, 1884-O, and 1885-O. By all rights, like these other coins, a million or more 1886-O dollars should have come to light in the great Treasury release of 1962-1964, and today a beautiful MS-65 1886-O should be in every collection.<br/><br/>Not so. It didn't happen. What did happen isn't known, at least not with certainty. At or near the time of striking in the nineteenth century, probably a few million coins, say two to four million, were placed into circulation and saw commercial use. Probably, millions of other coins, perhaps as many as six to eight million pieces, went to the melting pot under the terms of the 1918 Pittman Act. Whatever happened, apparently no more than a few bags dribbled onto the market in the 1940s and 1950s-enough to keep the issue in the $6 to $10 range for most of the period 1945-1960. I recall that few dealers wanted to stock 1886-O dollars, for Uncirculated pieces were usually ugly and, technically, were probably on the order of what would be called MS-60 or MS-61 today. In the Treasury release of 1962-1964 probably a few bags came out, but I have obtained no specific record of them. The issue was regarded as slightly on the scarce side in the 1960s, and Harry J. Forman's price of $375 per roll ($18.75 per coin) in May 1965 was an offer that few others could match, for few had quantities to offer. Harry recalled that he never had an intact bag of 1886-O dollars, but he did find several hundred "minimum Uncirculated" coins in a bag containing various dates.<br/><br/>Despite its prodigious mintage, the 1886-O is a rarity today in the 1990s, in MS-65 grade, while its contemporaries, the 1883-O, 1884-O, and 1885-O, are very common.<br/><br/>Circulated grades: In worn grades the 1886-O is not hard to find, although it is not among the commonest issues. I estimate that 175,000 to 350,000 remain.<br/><br/>Mint State grades: Mint State coins are scarce. Most seen are in lower levels such as MS-60 and MS- 61, or MS-62. In these ranges perhaps 5,000 to 10,000 exist. Correctly graded MS-63 coins are scarce on the current market. I say current market, for as noted, years ago the 1886-O was not recognized as being hard to find. In MS-64 grade it is extremely difficult to locate; probably somewhere between 125 and 250 remain. In MS-65 preservation the 1886-O is the rarest New Orleans Mint Morgan dollar; at least one exists, but possibly no more than three. Most 1886-O dollars in various degrees of Mint State are weakly struck.<br/><br/>Apparently, high-grade Mint State coins were not always considered to be rare, and in 1982 Wayne Miller, who had recently purchased 80 fully-struck Uncirculated coins, called the issue "the most over-rated of the rare date Uncirculated Morgans," further noting that the "enthusiasm for this date has approached hysteria in recent years

    Product Identifiers

    Designer
    George T. Morgan
    eBay Product ID (ePID)
    170469440

    Product Key Features

    Strike Type
    Business
    Mint Location
    New Orleans, New Orleans, Louisiana
    Composition
    90% Silver, 10% Copper
    Year
    1886

    Dimensions

    Weight
    26.73g

    Additional Product Features

    Mintage
    171
    Mint
    New Orleans
    Denomination
    $1
    PCGS Number
    7168
    Diameter
    38.1mm
    Mint Mark
    O
    Edge
    Reeded

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