1886-O Morgan Dollar XF-40 PCGS
Numismatic
1886-O Morgan Dollar XF-40 PCGS
The year 1886 marked a significant chapter in American coinage, particularly for the silver dollars struck at the historic Southern mint in New Orleans. This specific Morgan Dollar, bearing the recognizable 'O' mint mark, represents a production run of 10,710,000 pieces. Crafted from 90 percent silver, the coin contains 0.7734 troy ounces of precious metal, reflecting the robust circulating currency of late nineteenth-century America. Having survived more than a century, this specimen is certified in Extremely Fine 40 (XF-40) condition. This grading indicates a coin that saw moderate use in daily commerce, retaining clear design details and major features while showing honest wear from its time in circulation. It offers observers a tangible connection to the bustling economy of the Reconstruction-era South, where these heavy silver pieces were a staple of everyday trade.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | United States |
|---|---|
| Year | 1886 |
| Mint mark | O - New Orleans |
| Grade | PCGS |
| Legal-tender face value | 1 Dollar |
| Metal | Silver |
| Weight | 0.7734 troy oz |
| Purity | .900 |
| Diameter | 38.1 mm |
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