1886 Morgan Silver Dollars

 

1886 Morgan Dollar
    The Morgan Dollar was minted from 1808 to 1921 with a brief absence between 1905 and 1920. It was named for its designer George T. Morgan. Each of these Silver Dollars weighs in at 26.73 grams and has a diameter of 38.1 millimeters. The metal composition is 10% copper and 90% silver. The edges are reeded, and the mintmark is located on the reverse side under the bow.
 
    In 1886, 31,423,000 coins were minted at three mints. During this year, no Morgan Dollars were minted at the Carson City mint. At the Philadelphia mint 886 proof were made. A variety of the New Orleans mint includes an overstrike on the date. A faint 6 appears below the 7 in a handful of these coins.

    The value of the Silver Dollar is based on the condition of the coin, the circulation, and the current value of silver. The circulated 1886 mint Morgan Dollar has an approximate value of $29.04 to $63.92. Uncirculated, the Philadelphia mint is worth about $36.52. The New Orleans mint is valued at approximately $520.33, and the 1886 San Francisco uncirculated mint holds an approximate value of $209.77 each.