1886 Morgan $1 PCGS MS65
Silver Dollar coins have been minted sporadically by the United States Mint since 1794. In 1873, the Coinage Act eliminated the silver dollar coin that year. The proponents of that Bill had hoped that the United States would accept and promote a gold standard.
But just five years later, supporters of a Silver Standard enacted the Bland-Allison bill. They not only restored the silver dollar coin, but this Act also required that the Secretary of the Treasury purchase $2 million dollars’ worth of newly mined silver each month. These new silver dollar coins were struck in 1878 and minted annually until 1904. Due to a silver shortage, they were struck once again in 1921. The design that was chosen for both the obverse and reverse of this new coin was created by George T. Morgan, who served as an Assistant Chief Engraver at the United States mint in Philadelphia. Morgan’s obverse design depicted Miss Liberty as an older woman, with her profile facing to the left. She is wearing a Phrygian, or slave cap, on her head and a crown of wheat and cotton.
There is a headband also on her head on which is inscribed with the word, “LIBERTY.” On the upper periphery is inscribed the motto, “E PLURIBUS UNUM.” The date that the coin was minted is on the lower periphery. The date of striking the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right. His reverse design depicts an American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. Between the wings, is the motto “IN GOD WE TRUST.”
The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin was dated 1886, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck an exceptionally large number of silver dollar coins that year – 19,963,000.
This coin is graded as MS65 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence. Coins graded as MS65 or higher are considered as ‘investment quality.”
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
But just five years later, supporters of a Silver Standard enacted the Bland-Allison bill. They not only restored the silver dollar coin, but this Act also required that the Secretary of the Treasury purchase $2 million dollars’ worth of newly mined silver each month. These new silver dollar coins were struck in 1878 and minted annually until 1904. Due to a silver shortage, they were struck once again in 1921. The design that was chosen for both the obverse and reverse of this new coin was created by George T. Morgan, who served as an Assistant Chief Engraver at the United States mint in Philadelphia. Morgan’s obverse design depicted Miss Liberty as an older woman, with her profile facing to the left. She is wearing a Phrygian, or slave cap, on her head and a crown of wheat and cotton.
There is a headband also on her head on which is inscribed with the word, “LIBERTY.” On the upper periphery is inscribed the motto, “E PLURIBUS UNUM.” The date that the coin was minted is on the lower periphery. The date of striking the coin was minted was placed on the lower periphery. In between that motto and the date were thirteen six-pointed stars – seven on the left side, six on the right. His reverse design depicts an American Bald Eagle, facing to the left, and the eagle’s wings are outstretched and raised upward. Between the wings, is the motto “IN GOD WE TRUST.”
The eagle is centered within an olive wreath. It holds three arrows in one talon, and an olive branch in her other. On the upper periphery is “UNITED STATES OF AMERICA,” and the denomination “ONE DOLLAR,” is displayed on the lower periphery.
This coin was dated 1886, and it was struck at the Philadelphia Mint, so there is no mintmark underneath the eagle. The Philadelphia Mint struck an exceptionally large number of silver dollar coins that year – 19,963,000.
This coin is graded as MS65 by the Professional Coin Grading Service (PCGS), one of the three most popular and desirable grading services in existence. Coins graded as MS65 or higher are considered as ‘investment quality.”
Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be happy to assist you.
| Specifications | |
| Year | 1886 |
| Denomination | One Dollar |
| Grade | MS65 |
| Country | United States of America |
| Grading Service | PCGS |
| Weight | .77344 |
| Fineness | .900 Fine Silver |
| Diameter | 38.1 mm |
| Manufacturer | The United States Mint |
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