1886 Morgan Silver Dollar

The availability and price spreads for the 1886-S Morgan Dollar (Buy on eBay) are very similar to the 1885-S, however the present issue is slightly scarcer and commands somewhat higher prices. The total mintage this year at the San Francisco Mint fell to 750,000 pieces.

  1. 1886 Morgan Silver Dollar Worth
  2. 1886 Morgan Silver Dollar No Mint Mark

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: $20.68 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. 1886 MORGAN SILVER DOLLAR for auction. Online Only Auction! Coins and Currency to include: Morgan Silver Dollars, Gold Coins, Foriegn Paper Money, Commemorative Coins, Graded Silver Eagle Coins, Mint and Proof Sets and More! All bidding will take place at Please note the end date for this auction has been extended until Tues 2/9/21. The 1886 Morgan Silver Dollars produced at the Philadelphia Mint are very common as the 19,963,000 circulation strike mintage broke all previous records for the denomination. Quantities were released by the Treasury over a long period of years. In the 1950s, anyone finding a $1,000 bag of 1886 dollars may have thrown it back like a fisherman.

Collectors can acquire examples of this coin in lower uncirculated grades for reasonable sums, but once again the prices jump and availability lessens at the gem level. Examples graded MS64 can be acquired for around $800 or more depending on quality. The prices for MS65 graded examples typically surpass $2,000.

The finest known 1886-S Morgan Dollars are a handful of pieces graded MS67 by the major grading services PCGS and NGC. One of the finest known examples which was pedigreed to Jack Lee sold for $27,600 at auction in January 2009.

1886-S Morgan Dollar Mintage and Specifications

  • Mintage: 750,000
  • Mint mark: S (San Francisco)
  • Composition: 90% silver, 10% copper
  • Weight: 26.73 grams
  • Diameter: 38.1 mm

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 | Silver $26.90


1886 Morgan silver dollar value today is $25.44 a price tied to and moving with the value of its silver content. Note: this value is updated every Monday AM.

1886 Morgan Silver Dollar Worth

Additionally, referring to the image, its 'uncirculated' condition stands out as far better than most surviving silver dollars. This uncirculated 1886 New Orleans minted dollar is rare and highly valued. Absence of wear, bright luster and lack of contact marks sets this coin apart. As a collectible it is a nice example and the type collectors seek.

1886 morgan silver dollar philadelphia

After the value chart are sections covering mintmarks and their locations, also images and detailed descriptions helping judge condition. Using both arrives at an accurate 1886 Morgan silver dollar value, often your coin is worth more than the minimum.

Also playing an important role in value is both, the condition of your coin and the mint that produced the coin. With a high starting value any 1886 San Francisco silver dollar is a nice find. These are identified by the 'S' mintmark located on the reverse. Just below the value chart is an image showing the location to finding mintmarks.

1886 Morgan Silver Dollar No Mint Mark

Scarcity and demand combine to raise the minimum value of 1886 silver dollars minted at the San Francisco mint. These are identified by the 'S' mintmark found on the reverse below the eagle's tail feathers and ribbon. Also worth mention, New Orleans minted coins identified by an 'O' mintmark have premium values in higher grades. The third mint producing silver dollars in 1886 was the main mint in Philadelphia, it did not use a mintmark.

1886 Morgan Silver Dollar Values
Condition of Coin
DateGoodFineExtremely
Fine
Uncirculated
1886 Morgan Silver Dollar Values Updated 2/8/2021
1886 $25.44 $25.44 $28.24 $51.74
1886 O $27.01 $28.24 $39.67 $691
1886 S $37.09 $51.10 $76 $227

Eye Appeal Adds Value

Visual appeal and excitement shine from each of the 1886 silver dollars pictured. Because of their stunning eye appeal each is valued far above average coins. Also, with such diversity in appearance, many specialized collections are formed around each of these distinctly different looks.

Gleaming white as first minted and mark free, the coin on the left is the first choice of many silver dollar collectors. The delicate 'frosty' luster as it's referred to, is intense and complete across the entire coin.

In the center, vibrant multi-color toning enhances the beauty and value of an already gem quality 1886 Morgan silver dollar. A date collection of these colorful toned coins is a rewarding challenge to collectors.

The result of being one of the firsts strikes from newly polished dies, 'proof like' Morgan dollars are scarce and majestic in appearance. Pictured on the right 1886 Morgan silver dollar value frequently doubles as collectors vie in pursuit of these technical wonders.

An amazing group of highly collectible coins!

Judging Condition Accurately Finds True 1886 Morgan Silver Dollar Value

Essential to finding highest accurate coin values is determining condition. By closely examining the surface and judging the amount of wear reflect its 'grade.' Entries in the value chart above are listed under these grade headings. And in the case of your 1886 silver dollar, if struck at a branch mint, many subtle details have a significant role.

Uncirculated: Is your 1886 Morgan silver dollar value at a premium because of 'uncirculated' condition? An uncirculated coin is without any wear to its surfaces. Original silver mint luster still covers all design details. Holding your coin by the edges, and by tilting and slowing rotating, unbroken bands of luster radiate from edge to edge. Any wear disrupts these bands, most evident on Liberty's cheek.

Extremely Fine: Wear has started to diminish small details of the hair just behind Liberty's ear and forehead. Further behind the ear the folds of the cap are now just slightly flattened. On the revere, small amounts of wear are visible on the tops of the wings, and obvious on the neck and breast feathers. Light overall wear defines silver dollars in 'extremely fine' condition.

Fine: Once distinct and well defined features of Liberty are now reduced by moderate wear, lowering the grade to 'fine' condition. Leaves surrounding the cotton blossoms are only outlines lacking inner detail. Many finer strands of hair have worn to the point of combining into larger flattened areas. Your silver dollar gives the impression of wear but not excessive.

Good: An 1886 silver dollar in 'good' condition is well worn with most of the metal forming the high reliefs of design removed. Liberty's cheek and forehead have blended into one connecting with her hair and cap. The rim is almost gone, however the stars and lettering remain separate of the rim. Giving your coin character, some detail remains, large curls of hair behind the neck and a full 'Liberty' in her coronet.

Coin Values | CoinStudy Articles

Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921

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1885

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1886

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1900

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1881

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Every collector admires these large silver coins, every collector wants one. Their popularity is immense. Worth over $24.55 each because of silver content alone. Check your coins with the grading images and value charts. Find a rare date, mintmark or a better condition coin and Morgan silver dollar values start climbing.

Check all your values with the silver dollar value chart, separating the common from the rare. From the early Bust and Seated Liberty Dollars to Morgan and Peace silver dollars. Rising silver prices, increasing demand from both collectors and rare coin dealers requires a second look at your old coins.

Coin Values Discovery finds... 1886 Morgan Silver Dollar Value and...

It is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncovers 1886 Morgan silver dollar value also all common to rare coin values found in your box of old coins.

Preparing to Sell Silver Coins

Silver dollars, the Morgan and Peace series, are in demand by dealers. These old coins are very liquid in the coin collecting market. There are always buyers interested in purchasing your coins. Receive the highest price by separating the collectable from the bullion priced pieces. For more info see the Sell Silver Coins article.