USA Coin Book Estimated Value of 1886-S Morgan Silver Dollar is Worth $78 in Average Condition and can be Worth $389 to $3,333 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. USA Coin Book Estimated Value of 1886-S Morgan Silver Dollar is Worth $78 in Average Condition and can be Worth $389 to $3,333 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Morgan was the first silver dollar that was minted after the demonetization of silver set by congress in the Coinage Act of 1873. Checkout Top 10 Most Valuable Morgan Silver Dollars or get the full Morgan Silver Dollar Price List, for an even large list of morgan vlaues. In the beginning, when we bought the silver, the dollar content was 94.5 cents. On the 31st day of July 1886, silver dropped to its lowest price. Now these things are only worth 78 cents. Detailed information about the coin 1 Dollar 'Morgan Dollar', United States, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data.
- 1886 Morgan Silver Dollar
Coin Info
The latter half of the 1880s was a time of higher-than-usual production figures for Morgan Silver Dollars, and the 1886 Morgan Silver Dollar was no exception. With more than 30 million Morgan Dollars minted during that year alone, 1886 Morgan Dollars are among the most commonly seen in the market place today, even in light of the mass melting the series experienced under the Pittman Act of 1918.
The 1886 Morgan Silver Dollar was produced in three mints: New Orleans, Philadelphia, and San Francisco. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1886, are rare which makes them expensive.
1886 Morgan Silver Dollar Mintage Figures
- 1886: 19,963,000; $35+
- 1886-O: 10,710,000; $35+
- 1886-S: 750,000; $100+
- 1886 Proof: 886; $3,000+
Dolphin pearl deluxe. Perhaps the first thing that jumps out at you about the list above is the absence of any Carson City mint issues. This was the case during most of the latter half of the 1880s, though as you will also notice the San Francisco Mint issue takes the semi-key date spot that Carson City Morgan Dollars usually own for most of years during which they were produced. Whether you are buying a single Morgan Dollar for inclusion in a type set or one of each date-and-mintmark combination for series set, always buy the best you can afford. Even the 1886 Morgan Silver Dollar issued by the Philadelphia Mint is no exception. With plenty of dollar coins from this year to go around, that gives collectors and investors the opportunity for great deals on high-end examples. Interestingly, the branch mint Morgan Dollar issues from 1886, while reasonably affordable in the lower grades, are highly expensive in the upper grades.
Other Years From This Coin Series
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Peace Silver Dollar
As coin dealers, we’re frequently asked to provide an estimated value of silver dollars based on the year of the coin. While the year of the coin can certainly impact the value, a greater determining factor is the coin’s mint mark, or where the coin was minted. You may have been asked in the past for the mint mark of your coin, and wondered where it was located and how it affects the value of your coin. If so, and you’re still not sure of the answer to these questions, then this article is for you!
For purposes of this article, we’ll be referring to Morgan silver dollars and Peace silver dollars, which were minted from 1878 – 1921 and 1921 – 1935, respectively. Both coins have an image of Lady Liberty on the front and an eagle on the back, but the location of the mint mark (if the coin has one) is located in different areas.
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Morgan and Peace silver dollars were minted at a total of five U.S. Mints, including Carson City, Denver, San Francisco, New Orleans and Pennsylvania. The mintage location can be determined by studying the coin. Carson City silver dollars are identified by a “CC” mint mark, Denver silver dollars by a “D,” San Francisco silver dollars by an “S,” New Orleans silver dollars by an “O,” and Philadelphia silver dollars by the omission of a mint mark.
The mint mark for Morgan and Peace silver dollars can be found on the reverse side of the coin. The mint mark for Morgan silver dollars is located at the bottom center of the coin below the wreath while the mint mark on Peace silver dollars can be found below the word “ONE.” It’s common for silver dollars to not contain mint marks, which means that they were minted in Philadelphia, as the Philadelphia mint was the largest producer of silver dollars in more years than not.
Now that we know where the mint mark is located and how to identify where the silver dollar was minted, the next step is to determine if you have a common date, semi key date, or key date coin. Most silver dollars had a mintage of well into the millions, making them common date coins. La loteria millennial. Some had a lower mintage (one to two million), and are typically referred to as semi key date coins, while others had a mintage of less than a million, and are typically referred to as key date or rare coins.
With respect to Morgan silver dollars, all Carson City minted coins are considered semi key date or key date coins. Other lower mintage Morgan silver dollars include the 1886-S, 1888-S, 1889-S, 1893-S, 1893-O, 1894, 1895, 1895-S, 1895-O, and 1899. The king of the Morgan silver dollars is the 1895 plain (no mint mark), which has a starting price of $20,000 in average circulated condition. All of the 1895 plain Morgan silver dollars were proofs. Most were destroyed and only a handful made their way into circulation.
1886 Morgan Silver Dollar Proof
Even though the mintage of some Peace silver dollars rivaled the mintage of Morgan silver dollars, only a couple of the coins are considered key date coins in circulated condition. This includes the 1921 Peace dollar, which was the only high relief Peace silver dollar minted, and the 1928 Peace dollar. The latter was the lowest minted Peace silver dollar with a mintage of 360,000 coins. While only a couple of the coins are considered key date coins in circulated condition, several others, including the 1924-S, 1928-S, 1934-S and 1935-S Peace silver dollars are considered key date coins in uncirculated condition.
1886 Morgan Silver Dollar No Mint Mark
In summary, the year of mintage of your Morgan or Peace silver dollar only tells half the story. The mint at which the coin was produced is the key factor in determining whether you have a common date, semi key date, or rare silver dollar on your hands. Remember that not all silver dollars contain a mint mark, and if by chance you happen to be lucky enough to come across an 1895 Morgan silver dollar without a mint mark, you likely have a five figure coin in your possession. The other Morgan and Peace silver dollars highlighted above also have values that well exceed the silver content of your coins.