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Obverse of 1886-O Morgan Silver Dollar     Reverse of 1886-O Morgan Silver Dollar


1886-O SILVER DOLLAR

PCGS Nos: 7168, 7169, 97169

Mintage:

Circulation strikes: 10,710,000
Proofs: 0

Designer: George T. Morgan

Diameter: 38.1 millimeters

Metal Content:
Silver - 90%
Copper - 10%

Weight: 26.73 grams

Edge: Reeded

Mintmark: "O" (for New Orleans) beneath the bow on the reverse

Images courtesy of Heritage Numismatic Auctions

ex - the January 2000 "FUN" Sale, Lot 7106, PCGS MS-64, unsold

Notes:
Despite a seemingly high mintage figure, the 1886-O Morgan Silver Dollar is very scarce in Uncirculated condition and Gems are exceedingly rare.  The most "common" Uncirculated grade is MS-62, followed by MS-63.  Gems and Prooflikes exist but in such small quantities that they are virtually unobtainable because of the fierce competition for them.  The finest examples certified by PCGS are 3 MS-65's, 3 MS-63 Prooflikes, and a single MS-67 Deep Mirror Prooflikes.  

As with most Morgan Silver Dollars from the New Orleans Mint, this date often comes poorly struck.  Unfortunately, the rarity of this date in Mint State prevents anyone from being too picky.

Significant examples:
PCGS MS-65.  Offered by Crown Rare Coins in the September 20, 1999 issue of Coin World for $237,500.00

Recent appearances:
PCGS MS-64.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 3647, not illustrated, not sold

PCGS MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6309, illustrated, not sold

PCGS MS-64.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 8334, illustrated, not sold  Ex: Naples II

PCGS MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 6481, plated, sold for $5,750.00  From the Gary Wolkwitz Collection

PCGS MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 6482, plated, sold for $4,830.00 From the holdings of Andy Hansen

PCGS MS-64.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 323, illustrated, sold for $5,520.00

PCGS MS-64.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2085, illustrated, sold for $5,290.00

PCGS MS-63.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6308, illustrated, sold for $2,530.00  From the Dr. Jeff Hosford Collection

ANACS MS-63.
  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 3648, not illustrated, sold for $1,380.00

SEGS MS-63.  Ex - Superior Galleries' "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 340, unsold

PCGS MS-63.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 977, illustrated, sold for $1,840.00

ICG MS-63.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 978, illustrated, sold for $1,897.00

ICG MS-63.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 1817, sold for $1,437.00

PCGS MS-63.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 324, illustrated, sold for $1,840.00

MS-63 Altered Surfaces.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 6904, not illustrated, sold for $690.00

MS-62.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 487, sold for $575.00

MS-61.  Ex- Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale" October 5-7, 2000, Lot 6903, not illustrated, not sold

MS-60+.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 979, not illustrated, not sold

MS-60.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 980, not illustrated, sold for $345.00

AU-58.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2086, not illustrated, sold for $80.00

AU-58.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 2087, not illustrated, sold for $92.00

Sources and/or recommended reading:
"The PCGS Population Report, October 2003" by The Professional Coin Grading Service

 

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