Where to Buy 1886 Silver Dollar

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1886 P Morgan Silver Dollar Ngc Ms-67 Cac Sight White

1886 P Morgan Silver Dollar Ngc Ms-67 Cac Sight White

Morgan Dollar Sight White Silver Ngc 1886 Cac Ms-67 P

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1886-p Pcgs Ms63 Morgan Silver Dollar Coin Colorful Rainbow Toning Make Offer

1886-p Pcgs Ms63 Morgan Silver Dollar Coin Colorful Rainbow Toning Make Offer

Ms63 Toning Pcgs Morgan Offer Dollar Coin 1886-p Colorful Silver Rainbow Make

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1886 Morgan Us Silver Dollar 1 Pcgs Ms64 W Cac Amazing Rainbow Toning

1886 Morgan Us Silver Dollar 1 Pcgs Ms64 W Cac Amazing Rainbow Toning

Rainbow Us Morgan 1886 Dollar Pcgs Toning Cac 1 W Silver Amazing Ms64

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Us 1886 5 Silver Certificate Silver Dollar Back Fr 260 Pcgs 25 Vf 667

Us 1886 5 Silver Certificate Silver Dollar Back Fr 260 Pcgs 25 Vf 667

Dollar Certificate Back 5 Vf 667 1886 25 Pcgs Fr 260 Us Silver Silver

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1886-s Morgan Silver Dollar 1 Coin Pcgs Ms-64 Toned Beautiful

1886-s Morgan Silver Dollar 1 Coin Pcgs Ms-64 Toned Beautiful

Beautiful Toned Coin Silver Morgan Ms-64 1 Pcgs Dollar 1886-s

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1886 P Ngc Ms67 Morgan Silver Dollar

1886 P Ngc Ms67 Morgan Silver Dollar

Dollar Morgan Ms67 Ngc Silver P 1886

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1886 Pcgs Ms65 Double Sided Blueberry Toned Morgan Silver Dollar With Video Rare

1886 Pcgs Ms65 Double Sided Blueberry Toned Morgan Silver Dollar With Video Rare

Toned Morgan Rare 1886 Video Silver Dollar With Blueberry Pcgs Ms65 Sided Double

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1886-p Pcgs Ms65 Target Colorful Rainbow Toned Morgan Silver Dollar

1886-p Pcgs Ms65 Target Colorful Rainbow Toned Morgan Silver Dollar

Dollar Pcgs Morgan Toned Ms65 Colorful Silver 1886-p Rainbow Target

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1886-p Morgan Dollar -double Whammy Cartwheel Toned Magnificent Gem Ngc Ms65

1886-p Morgan Dollar -double Whammy Cartwheel Toned Magnificent Gem Ngc Ms65

Toned Whammy Morgan Gem Cartwheel 1886-p Ms65 -double Dollar Magnificent Ngc

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1886 Morgan Silver Dollar Proof Ngc Pf61 Strong Strike

1886 Morgan Silver Dollar Proof Ngc Pf61 Strong Strike

Ngc Silver Morgan Dollar Strike Proof Strong Pf61 1886

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1886 1 Morgan Dollar Certified Pcgs Ms67 Us Mint Silver Coin

1886 1 Morgan Dollar Certified Pcgs Ms67 Us Mint Silver Coin

Morgan Certified Us Silver Dollar 1886 1 Ms67 Pcgs Coin Mint

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1886-o Morgan Silver Dollar - Pcgs Ms62 - Coingiants

1886-o Morgan Silver Dollar - Pcgs Ms62 - Coingiants

1886-o Ms62 Pcgs - Coingiants Dollar Morgan Silver -

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1886 O Morgan Silver Dollar 1 Pcgs Ms 62

1886 O Morgan Silver Dollar 1 Pcgs Ms 62

Ms Morgan Dollar Silver O 1886 62 1 Pcgs

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1886-o Morgan Silver Dollar Ms62 Ngc

1886-o Morgan Silver Dollar Ms62 Ngc

Dollar Morgan Ngc Silver 1886-o Ms62

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Fr 261 1886 5 Five Dollars Morgan Silver Dollar Silver Certificate Very Fine

Fr 261 1886 5 Five Dollars Morgan Silver Dollar Silver Certificate Very Fine

1886 Morgan Dollar 5 Dollars 261 Silver Fr Fine Five Certificate Very Silver

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1886 O Morgan Dollargembuabsolute Knockoutsemi Proof Like Beauty

1886 O Morgan Dollargembuabsolute Knockoutsemi Proof Like Beauty

Morgan 1886 Knockoutsemi Beauty O Like Dollargembuabsolute Proof

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1886-s Morgan Dollar Pcgs Ms-64 Pl

1886-s Morgan Dollar Pcgs Ms-64 Pl

Pl Morgan Ms-64 1886-s Dollar Pcgs

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1886-o Morgan Silver Dollar Ngc Ms62 Great Eye Appeal Strong Strike

1886-o Morgan Silver Dollar Ngc Ms62 Great Eye Appeal Strong Strike

Ngc 1886-o Appeal Great Strong Strike Ms62 Silver Eye Dollar Morgan

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1886-o 1 Morgan Silver Dollar - Pcgs Ms62 - Tough Date - White

1886-o 1 Morgan Silver Dollar - Pcgs Ms62 - Tough Date - White

Dollar - White 1 Ms62 Tough 1886-o Silver - Morgan Pcgs Date -

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500 1886 Fr260 Silver Dollar Back Silver Certificate

500 1886 Fr260 Silver Dollar Back Silver Certificate

Fr260 1886 500 Dollar Silver Certificate Silver Back

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1886-o Morgan Silver Dollar 8711

1886-o Morgan Silver Dollar 8711

Morgan Silver 1886-o 8711 Dollar

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1886-o Morgan Silver Dollar 7955

1886-o Morgan Silver Dollar 7955

7955 Dollar Silver 1886-o Morgan

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Toned Morgan 1886 1 Ms64 Pcgs Color Paradime Coins

Toned Morgan 1886 1 Ms64 Pcgs Color Paradime Coins

Color Morgan Paradime Pcgs Ms64 1 Toned Coins 1886

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Toned 1886 1 Ms64 Pcgs Cac Color Morgan Silver Dollar Paradime Coins

Toned 1886 1 Ms64 Pcgs Cac Color Morgan Silver Dollar Paradime Coins

Morgan Cac 1 Ms64 Color Toned Paradime Coins Silver 1886 Dollar Pcgs

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1886 Morgan Silver Dollar Vam-1b Line M Top 100 Au55 Anacs 8330

1886 Morgan Silver Dollar Vam-1b Line M Top 100 Au55 Anacs 8330

Top 100 Morgan Line Silver Vam-1b 8330 Au55 M Dollar Anacs 1886

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1886-o Morgan Silver Dollar Ms61 Pcgs

1886-o Morgan Silver Dollar Ms61 Pcgs

Morgan 1886-o Silver Ms61 Pcgs Dollar

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1886 Morgan Dollar Pcgs Ms 63 Brilliant Rainbow Color Obverse Coin Make Offer

1886 Morgan Dollar Pcgs Ms 63 Brilliant Rainbow Color Obverse Coin Make Offer

Morgan Brilliant Obverse Rainbow Dollar 63 Coin Ms Pcgs Offer Make 1886 Color

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1886-ss Morgan Dollar Very Dmpl Top-100 Variety Vam-2 Very Choice Bu M312

1886-ss Morgan Dollar Very Dmpl Top-100 Variety Vam-2 Very Choice Bu M312

Morgan Vam-2 Very Dollar Dmpl M312 Bu Variety Top-100 1886-ss Very Choice

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1886 5 Silver Certificate Morgan Silver Dollar Back Fr 261 Pmg 20 Comment

1886 5 Silver Certificate Morgan Silver Dollar Back Fr 261 Pmg 20 Comment

Silver 1886 Fr Pmg Morgan Dollar Silver 5 261 Back 20 Comment Certificate

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1886 Morgan Dollar Pf 45 Ngc 90 Silver 1 Proof Coin Skui9178

1886 Morgan Dollar Pf 45 Ngc 90 Silver 1 Proof Coin Skui9178

1886 Skui9178 Ngc Morgan Silver 1 90 45 Coin Dollar Proof Pf

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Unlock The Value: Rare 1886 Silver Dollar Auctions For $235,000!

Like a rare gemstone, the 1886 silver dollar is a highly coveted coin among collectors. Its rarity and historical significance have made it a valuable piece of American currency that is sought after by numismatists worldwide. Recently, a rare 1886 silver dollar sold for an impressive $235,000 at auction, unlocking its true value and solidifying its status as a prized possession.

Designed by George T. Morgan, the 1886 silver dollar contains 90% silver and is 38.1 mm in diameter. Its unique design and limited mintage make it a rare find, and its value is determined by its condition, mint mark, and any errors present.

In this article, we will explore the design and minting process of this coin, as well as the factors that determine its value. We will also provide tips for collectors on how to find and collect valuable silver dollars, and how to navigate the buying and selling process.

Unlock The Value Rare 1886 Silver Dollar Auctions For 235000

Design and Minting Process

Regarding the design and minting process, the 1886 silver dollar features a Liberty bust on the obverse that was designed by George T. Morgan. The Liberty bust was modeled after Anna Willess Williams, a Philadelphia schoolteacher.

On the reverse side of the coin, the heraldic eagle is displayed with outstretched wings and a shield on its breast. The eagle holds arrows and an olive branch in its talons. The design was intended to symbolize strength, freedom, and peace.

Three mints produced almost 31.5 million Morgan silver dollars during the year 1886. These mints were located in Philadelphia, New Orleans, and San Francisco. The Philadelphia mint produced the majority of the coins, while the New Orleans and San Francisco mints produced relatively fewer coins.

The mint mark on the coin indicates where it was produced, with no mint mark indicating that it was produced in Philadelphia. The coin's condition is also critical in determining its value, with uncirculated coins being worth more than those that have been in circulation for an extended period.

Condition and Grading

The condition and grading of the 1886 Morgan silver dollar play a crucial role in determining its worth in the coin collecting market. The coin's value is heavily dependent on its preservation, which is why collectors place such importance on its condition.

Numismatists have developed a grading system to assess the condition of coins, which ranges from poor to mint state. The condition of an 1886 silver dollar is determined by looking at the amount of wear and damage the coin has sustained over time.

The highest grade for a coin is mint state, indicating that the coin has never been in circulation and has no visible signs of wear. Uncirculated coins are also highly valued as they have seen little circulation and have only minor blemishes.

The coin's grade can significantly impact its value, with mint state coins valued much higher than those with even slight signs of wear. Therefore, collectors should take care to ensure that the coins they purchase are accurately graded to avoid overpaying for coins that have significant wear and tear.

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Mint Marks and Errors

Mint marks and errors play a significant role in determining the type and value of an 1886 Morgan silver dollar. The mint marks indicate the location where the coins were produced, and each mint has a different value. For example, the 1886 Morgan silver dollars with no mint marks were produced in Philadelphia, while the 1886 S Morgan silver dollars are the rarest variety. The silver dollars with an O mint mark are also rare and challenging to find, especially those in mint state, which are considered almost impossible to obtain. Thus, the mint mark type significantly influences the final value of an 1886 Morgan silver dollar.

Another critical factor to consider is the errors that may occur during the minting process. The obverse die cap error is the most significant error regarding the 1886 silver dollars. This error occurs when a coin's die gets stuck in the press and creates a 'cap'that can leave a raised, dome-like shape on the coin's surface. These coins are rare and highly valuable, as they have a unique appearance that sets them apart from other 1886 Morgan silver dollars.

Therefore, collectors should pay attention to the mint marks and errors when evaluating the value of an 1886 Morgan silver dollar, as these factors can significantly impact the coin's worth.

Value and Auction Records

One notable instance of an 1886 Morgan silver dollar's high value was the sale of an MS-67 grade coin for $23,500 in a 2018 auction, demonstrating the desirability and worth of higher graded coins in the collector's market. However, the highest auction record for an 1886 silver dollar was set in 2019, when a PCGS MS-67+ grade coin was sold for a whopping $235,000. This coin's exceptional condition and rarity, as well as its provenance, contributed to its record-breaking sale.

To provide a better understanding of the range of auction prices for 1886 Morgan silver dollars, the following table shows some notable auction records for different grades and mint marks. It is essential to note that the prices listed here are just a few examples and that many factors can influence the final value of a silver dollar, such as its condition, rarity, and historical significance. Therefore, it is crucial to conduct thorough research and seek professional advice before buying or selling a coin.

Year Grade Mint Mark Auction Record
2019 MS-67+ None $235,000
2018 MS-67 None $23,500
2019 MS-65 S $8,400
2019 MS-64 O $4,800

Buying and Selling Tips

To ensure a successful transaction, conducting thorough research, seeking out reputable dealers and auction sites, and paying the right amount based on the coin's condition and historical significance are crucial when buying or selling a Morgan silver dollar. Coin collectors must be aware of the various factors that influence the value of a silver dollar, including its mint mark, condition, and rarity.

Here are some tips to consider when buying or selling a Morgan silver dollar:

  1. Conduct thorough research: Before making any transaction, it is essential to conduct extensive research on the value of the coin. This involves looking at current market trends, checking auction records, and comparing prices from various reputable sources.

  2. Seek out reputable dealers and auction sites: Dealing with trustworthy dealers and auction sites is crucial in ensuring that the coin is authentic and accurately graded. Collectors should check reviews and ratings from previous customers to ensure that they are dealing with a reputable seller.

  3. Pay the right amount based on the coin's condition and historical significance: The value of a silver dollar is affected by its condition, rarity, and historical significance. Collectors must assess the coin's condition and rarity before deciding on a fair price.

  4. Consider the transaction fees: When buying or selling a Morgan silver dollar, collectors must consider the transaction fees that may be incurred. These fees may include authentication fees, shipping costs, and auction house fees. It is essential to factor in these costs when deciding on a fair price for the coin.

By following these tips, coin collectors can ensure a successful transaction and add rare and valuable pieces to their collection.