1886-O Morgan Silver Dollar XF

Key-Date 1886-O Morgan Silver Dollar

As you probably know, demand for Morgan Silver Dollars has reached frenzied heights of late and is currently far outstripping supply! It doesn’t help that, according to numismatists, as few as 15% of all Morgan Silver Dollars struck still exist today in any condition. ­That’s in large part due to mass-meltings required to satisfy the terms of the 1918 Pittman Act, which called for more than 270 million Morgan Silver Dollars to be melted down, with the vast majority of the bullion being sold to Great Britain.

Elusive Morgans Form The New Orleans Mint

Despite having a fairly high original mintage of 10.71 million coins, the 1886-O Morgan remains rather elusive, with a large portion of the mintage being unaccounted for. It’s believed that a large portion of the mintage was melted under the Pittman Act of 1918, but it remains a mystery! Whatever the reason, these coins are a great find in Extremely Fine (VF) condition!

­About The New Orleans Mint

This Morgan was struck at the New Orleans Mint, a Mint that was first run by the U.S. Government, then by the State of Louisiana and the Confederate States, then became an assay office after the end of the Civil War. Finally, it was reinstated as a mint to fulfill the silver requirements of the Bland-Allison Act of 1878, which made silver dollars cool again.

The bottom line is that, if you need to fill in a hole in your Morgan Silver Dollar collection, you’ll be happy with the quality of this one. But don’t wait to secure yours because these will disappear from our vault fast. So, get this coin while you can and fill that 1886-O-shaped hole in your collection today!

COIN HIGHLIGHTS:

• AMERICA’S MOST POPULAR AND COLLECTED COIN – Designed by U.S. Mint Engraver George T. Morgan, the Morgan Silver Dollar was struck from 1878 to 1904 and again in 1921. Today it is one of the most popular and heavily collected of all United States coins.
• KEY DATE MORGAN SILVER DOLLAR– Your 1886-O Morgan Silver Dollar was struck at the New Orleans Mint and features the famous “O” mint mark.
• STRUCK IN FINE AMERICAN SILVER – Morgan Silver Dollars were struck in 26.73 grams of 90% silver—fine American silver mined from the famous Comstock Lode near Virginia City, Nevada – the richest silver mine in American history.
• LEGAL TENDER AMERICAN COINAGE – Each Morgan Silver Dollar was $1 legal tender and measures 38.1 mm in diameter.
• NICE EXTREMELY FINE CONDITION – Your 1886-O Morgan Silver Dollar comes in nice Extremely Fine (VF) condition.
• THE CASE OF THE DISAPPEARING MORGAN – Despite millions of Morgan Silver Dollars being struck from 1878 to 1921, most were lost in circulation or melted down in mass silver meltings. In fact, coin experts believe that only 15% of all Morgan ever struck remain in existence today!

This 1886-O $ Morgan Silver Dollar gives you the perfect opportunity to own a key-date Morgan! Order yours now!