1886 Silver Dollar
Inscriptions: Silver Certificate – Department Series 1886 – Act of August 4 1886 – Engraved and Printed at the Bureau, Engraving & Printing – Register Of The Treasury – Treasurer Of The United States – This Certifies That There Has Been Deposited In The Treasury Of The United States One Silver Dollar Payable To Bearer On Demand Washington, D.C. – United States Silver Certificate. 1886-O $1 Morgan Dollar PCGS MS64+ (CAC) #3134-8 PQ CONDITION RARITY, ONLY THREE FINER! Apr 04, 2020 The mint mark on a Morgan silver dollar can be found on the eagle (back) side of the coin, just above the word 'DOLLAR' written around the bottom edge. The coin may also have small letters located above the 'D' and the 'O,' indicating the location of the mint. The mint mark on a Morgan silver dollar can be found on the eagle (back) side of the coin, just above the word 'DOLLAR' written around the bottom edge. The coin may also have small letters located above the 'D' and the 'O,' indicating the location of the mint.
CoinTrackers.com has estimated the 1886 O Morgan Silver Dollar value at an average of $35, one in certified mint state (MS+) could be worth $140,000. (see details)...
Type:Morgan Silver Dollar
Year:1886
Mint Mark: O
Face Value: 1.00 USD
Total Produced: 10,710,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $35, while one in certified mint state (MS+) condition could bring as much as $140,000 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1886, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The 1886 Morgan Silver Dollar is coin is tricky to price. MS-65 is valued somewhere around $140,000.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $13.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1886 O is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
Want to join CoinTrackers and Track Your Coins 100% FREE?
More of the Same
All US Dollar Coins
- *list does not count the newer Presidential Dollars
Most Valuable Coins by Type...
[Top of Page]
**When we say that 10,710,000, of these coins were produced or minted in 1886 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
[Top of Page]
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
[Top of Page]
- 1866 Seated Liberty Silver Dollar
Coin Info
Ebay 1886 Silver Dollar
1866 Liberty Seated dollars mark an important transition for the series. 1866 was the year that the motto IN GOD WE TRUST was added to the reverse of the coin. Virtually all 1866 dollar carry the iconic motto, which first appeared on the 2 Cent piece of 1864. However, two 1866 Seated Liberty dollars are known without the motto and are exceedingly rare. In fact, one of the two 1866 No Motto dollars sold at auction in 2005 for $1.2 million.
Luckily for collectors who can’t afford seven-figure coins, the 1866 Seated Liberty dollar with motto is relatively more affordable. In fact, specimens grading Very Good-8 can be bought for $300 – still an expensive coin, but not nearly as costly as the 1866 No Motto dollar. The value of 1866 With Motto dollars in uncirculated grades is approximately $2,500 for a Mint State-60 specimen. Proofs, meanwhile, typically cost about $4,000.
The mintages of the 1866 dollar depend on the existence of the motto. Again, only two 1866 No Motto dollars are known. Meanwhile, 48,900 of the With Motto type were made in 1866. The proof specimens were made to the tune of 725 pieces. As with all old coins, mintages do not reflect modern-day availability – most 1866 dollars were melted decades ago.
1882 Silver Dollar Value Chart
All 1866 dollars were made at the Philadelphia Mint, but Liberty Seated dollars were also struck at several branch facilities during their production, which spanned from 1840 through 1873. These branch mints include the Carson City, New Orleans, and San Francisco Mints. Christian Gobrecht designed the Liberty Seated dollar, and the design is also seen on several other silver denominations, including the half dime, dime, quarter, and half dollar of the period.
Liberty Seated silver dollars circulated during the 1840s and 1850s. However, these coins were mainly used for foreign trade by the 1860s. Their use in foreign exchange channels was due in large part to the increasing silver bullion prices of the 1860s, a period during which large silver coins were popular for trade with other nations.
1866 Liberty Seated dollars consist of a 90 percent silver and 10 percent copper composition. These coins weigh 26.73 grams, contain 0.77344 ounces of pure silver, and measure 38.1 millimeters in diameter. These are the same overall specifications of the Morgan and Peace silver dollars made during the late 19th and early 20th centuries.