After melting under the 1918 Pittman Act, the rest were released into circulation in the mid-1920s and between 19. Only a limited coin number was used in the beginning. 1886 Morgan silver dollar value by Coinflation Some of these coins with a very sharp strike are costly, and collectors often pay thousands of dollars for the best pieces. Nearly all of them have excellent eye appeal since this mintage was with an above-average strike. The San Francisco mint produced only 750,000 Morgan silver dollars in 1886, far less than the other two mints’ productivity. If your budget is not too limited, you should look for a pleasing piece with cameo contrast. You can also find one of 886 minted proofs, but don’t expect them to be cheap. 1886 Morgan silver dollar value by CoinStudy Such a dull luster will negatively affect their value. Most 1886 Morgan silver dollars minted in Philadelphia are well struck, but you can find grainy coins in the mint state that show metal flow lines. 1886 Morgan silver dollar without a mint mark Once you decide to buy one, you should primarily check their condition, uniqueness, and a mint mark on the reverse. However, even coins in low grades are worth more for collectors. The 1886 Morgan silver dollar value is directly connected with the current silver price. Plus, many admirers choose this piece to complete their Morgan sets. However, such a coin is an excellent option for collectors on the budget. Sometimes it will be hard to determine hair strands or Liberty’s facial characteristics. After spending a long time in circulation, this piece is heavily damaged with smoothed details. Good is the worst grade a collectible coin can get. 1886 Morgan silver dollar value by JM Bullion Liberty features are moderately worn out and reduced in most cases, while more delicate hair strands form larger flattened areas. 1886 Morgan silver dollar value by Gainesville coinsĪ coin graded as fine spent a long time in circulation so that you can notice numerous but slight signs of damage on its surface.
Most collectors consider such a coin’s quality satisfactory, so it is always highly collectible. Extra fine 1886 Morgan silver dollarsĪn extremely fine graded coin spent only a limited time in circulation, so you can spot only light signs of wear and tear on its surface. Finally, an excellent PR 63 proof Morgan silver dollar will have a reflective surface with only a few peripheral blemishes. The coin in MS 60 state has no signs of wear, but an expert will notice a few abrasions and stains on its surface. 1886 Morgan silver dollar value by USA Coin book The best option is MS 65 gem uncirculated piece with an intense luster and a few barely noticeable light contact marks. This coin never spent even a moment in circulation and should appear pristine with an excellent luster, without any scratches and stains.
1886 Morgan Silver Dollar Condition Uncirculated 1886 Morgan silver dollars Image Only proof examples produced in Philadelphia are quite rare, which makes them expensive.