In 1974 first American dollar coins were made. These coins come in gold, silver and in other types of metals and commonly exist. US people do not like one-dollar coins. So on December 11, 2011, only paper currency was used in circulation. Morgan silver dollars were used for reality in 1878 and the minting process continued until 1904 and in 1921. They are beautiful coins that make them a higher value than other coins. So 1886 silver dollars are also high value. So let’s get started with the 1886 Morgan Silver Dollar value
1886 (P) No Mint Mark Silver Dollar Value
The P mint made about 19,963,886 Silver Dollars in 1886. These coins are without mint marks and the MS68 grade is a high value of about 22000 dollars. For lower grades, they are about melt value.
One dollar silver proof coins made at P mint than S mint.
High-value MS67 grade coins of MS68 grade is 1400 dollars. Their average value is 16000 dollars and high value sold at auction for $27,025.
Proof coins are of about $110 to $1,300 for one on average.
MS67 grade is 6500 dollars and 1886 MS 67+ PL dollar in 2021 for 15000 dollars
1886 DMPL silver dollars for the mint state is about $190 to $3,750, and this coin with MS 67 value is about $11,000 at the market.
1886-S Silver Dollar Value
The S minted about 750,000 Silver Dollars with S a mark in 1886. That is the lowest mintage of coins and VG10 grade value is about fifty dollars and without error, VF20 coins are 80 dollars.
High grade MS67 grade sold for $55,000.
1886 O Morgan Silver Dollar Value
There were about 10,710,000 silver dollars made by New Orleans in 1886. These coins in circulation condition are $34 to $675, and mint state is $1,500 to $28,500.
MS65 grade sold for $285,000. In an auction in 2015 sold for $235,000
Proof 1886 dollars have a value of $3,750 for MS 60and MS 63 are about $16,000.
1886 PL Morgans coins with MS64 grade have a value of about $32,500, and in 2019 sold for $26,400.
1886 O DMPL silver dollars are $10,000 to $90,000 based on quality.
MS67 grade Morgan sold for $780,000 in 2020.
1886 Proof (P) No Mint Mark Silver Dollar
The proof coins are made with the use of a pre-burnished planchet through a special type of die, so they are different from circulation coins. The design is frosted on the front side and the reverse is a mirrored finish. The shiny coins are 50 to 100 with a grade of Deep Cameo (D-CAM) or Ultra Cameo less shiny ones are Cameo (CAM).
In 1886 there were 886 silver proofs of one dollar made at P mint and not have a mint mark. For PR63 grade they are about 4450 dollars. The PR67 has a value range of 11000 dollars
1886 Silver Dollar Errors
1886 Silver Dollar DDR Error
The double die error occurs when the planchet is shifted during the striking process. or if the die moves during the minting process. it can cause a doubling effect when the strike is not accurately applied. Coin with this error can have a value of 160 dollars for the MS65 grade.
3+2 clashed reverse Error
The 3+2 clashed reverse error exists in P-minted coins. That is due to nonparallel dies striking coins front side and reverse are silver dollars having high value. The AU grades coins are about 180 dollars and the MS65 grade is 1100 dollars
1886 Silver Dollar Line-in-6 VAM
In this error Line 6 is called VAM 1A and is shown as a small horizontal crack in number 6 of the minting date. It is like a doubling effect, but can seen it in number six. The AU55 grade coins is about $70 but in MS 65 value is $250.
Clashed die reverse Error
The dies in some conditions come at the same time for the minting process and make imprints between the eagle and wreath on the next coin. These error coins are $80 to $260.
1886 (P) No Mint Mark Doubled Arrows
The doubled arrows that exist on 1886 P minted dollars are called code VAM17. This can be defined through the double image of arrows on the back side of coins. Coin loupe can used for checking this error. The doubling effect is due to an error in manufacturing the die used for the coin reverse. it strcuk many times for capturing the design component. But the slight shifting makes a double image of arrows and shifts to coins when strcuk
In auction 2016 coins with MS65 grade sold for $940.
Silver Dollar Doubled Date VAM
The VAM 20 is another double die error that is on the front side. In this error, doubling can seen on the date of coins. Coins with this error for AU 55 grade are 400 dollars MS63 grade is 800 dollars and MS65 grade are 4000 dollars
Silver Dollar Six Strike Error
During the manufacturing of coins, the hub dies and the planchet strikes many to make sure the coins have clear details. If any design part of the coins shifted during the striking process result required design was not applied to the required point. It causes doubling, tripling, quadrupling, etc. six-strike coin with MS64 grade sold for $3,995.
History of the 1886 Morgan Silver Dollar
The Morgan dollar was first time made in 1878. But in 1904 their minting process stopped but again started in 1921. In 1886 there were about 31,423,886 Morgan silver dollars made out of them 1886 No Mint Mark silver coin 19,963,000, 1886 proof silver coin 886, 1886 O silver coin 10,710,000, 1886 S silver coin 750,000.
These coins were the first silver American coinage after the Coinage Act of 1873 forbade silver coining. That was the cause for stopping the Seated Liberty dollar minting process. New silver dollars were guaranteed for the minting industry for mined silver securing.
These coins were made as a result of comparing through minting industry, which wanted a secure market for silver. Industrialists ask mint to buy silver.
1886 Silver Dollar
Obverse of the 1886 Silver Dollar
The front side of the 1886 silver dollar comes with photo of Lady Liberty. The portrait was of Anna Weiss Williams, and wears a Phrygian cap. Hat called Liberty Cap denoting freedom during the Revolutionary War. it comes with a banner that reads Liberty, having leaves and flowers.
The upper collar comes with E Pluribus Unum The minting date on this side. The 13 stars for denoting the first 13 States of the Union. 7 stars are left side of her neck and 6 stars are on the right. Designer initial M is also on this side
Reverse of the 1886 Silver Dollar
The reverse side of coins are 1886 Silver Dollar is pretty tightly packed. There eagle with wings spread on its head. its talons are olive branches 3 arrows and 7 feathers. The wreath with 10 branches and a central bow covered with a body bird, and a mint mark is also on this side.
Some other features of 1886 silver dollars are
- it is made with 90 percent silver and 10 percent copper.
- Its weight is 26.73 grams and comes with a reeded edge and denticles on both sides of the cooler. Denticles are ridges teeth, dots, or ribs on the front and back sides of coller.
Most Valueable 1886 Morgan silver coins
- 1886 O MS 67 silver dollar (DMPL quality)= $780,000 sold in (2020)
- 1886 O MS 65+ silver dollar =$235,000 sold in (2015)
- 1886 MS 68 silver dollar =$27,025 sold in (2015)
- 1886 O MS 64 silver dollar (PL quality) = $26,400 sold in (2019)
- 1886 S MS 65 silver dollar (DMPL quality) = $23,400 sold in (2021)
- 1886 MS 66+ silver dollar (DMPL quality) = $18,800 sold in (2014)
- 1886 PR 67+ silver dollar =$18,000 sold in (2021)
- 1886 S MS 66 silver dollar (PL quality)= $16,100 sold in (2008)
- 1886 S MS 67 silver dollar =$66,000 sold in (2020)
- 1886 PR 67 silver dollar (DCAM quality) =$66,000 sold in (2021)
- 1886 PR 68 silver dollar (CAM quality) = $34,800 sold in (2019)
- 1886 MS 67+ silver dollar (PL quality) = $15,000 sold in (2021)
What is the value of 1886 Morgan silver coins (No Mint mark) ?
Circulated coins 1886 dollars without a mint mark are $34 to $70 and a mint mark is about $75 to $1,400. MS68 grade is about $16,000 to $16,500
What are the most expensive silver Morgan coin?
The high-value silver dollars ofMorgan silver dollars is 1893 S. The Average value of coins is about $3000, but in certified mint state can be of $550,000
some other high value coins are
- 1889 CC MS 68-ranked Morgan dollar = $881,250
- 1886 O MS 67-ranked Morgan dollar (DMPL quality) = $780,000
- 1884 S MS 68-ranked Morgan dollar = $750,000
Which Morgan silver dollars are most valuable?
- 1893-S Morgan Dollar: $3,000-$1,250,000.
- 1895 Morgan Dollar: $32,500-$175,000.
- 1893-CC Morgan Dollar: $220-$142,500.
- 1884-S Morgan Dollar: $34-$1,250,000.
- 1889-CC Morgan Dollar: $425-$1,200,000.
- 1895-O & 1895-S Morgan Dollar: $150-$700,000.
What is the highest value silver coin?
- 1794 ‘Flowing Hair’ Silver Dollar= $10.02 million
- 1804 ‘Original’ Draped Bust Silver Dollar $4.14 million.
- 1804 Draped Bust Silver Dollar, Dexter Specimen= $3.29 million. …
- 1797 ‘Magnificent Pogue’ Draped Bust Half Dollar= $1.68 million.