Numismatic

1886 Morgan Dollar MS-62 NGC

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The 1886 Morgan silver dollar stands as a remarkable example of late nineteenth-century American coinage. Struck at the Philadelphia Mint, this particular coin contains 0.77344 troy ounces of silver, with a purity of 0.900. Because it was produced in Philadelphia, the coin features no mint mark, a characteristic of the facility's output for this famous series. On the obverse side, the profile of Liberty faces left, adorned with a traditional Phrygian cap. Her hair band is inscribed with the word "LIBERTY" as a central design element, and the year 1886 is clearly stamped below the portrait. This classic depiction is paired with a powerful reverse design that showcases a bald eagle. In its talons, the eagle firmly grasps both an olive branch and a bundle of arrows, symbolizing a balance of peace and readiness. This specimen has been certified as Mint State 62 (MS-62), preserving the intricate details of its design for modern observers to appreciate. The lack of a mint mark combined with the crisp details of the eagle and Liberty make this 1886 issue a fascinating study in historic United States silver coinage.