This 1886-O Morgan Dollar is an anomaly in the series, which makes it a great piece to collect! Despite the generous mintage of 10,710,000 pieces that eclipses even the most common date Morgans, the majority of the mintage seems to have disappeared. With less than half of the mintage estimated to have been in circulation in the late 1800s, the rest of the 6-8 million 1886-O Morgan Silver Dollars are thought to have been part of the millions of Morgans melted down due to the 1918 Pittman Act. Thus to this day, despite the bountiful mintage, the 1886-O Morgan Dollar is a rarity that collectors are lucky to find in good condition!
Struck at the now-defunct New Orleans Mint, the 1886-O Morgan Dollar is a great piece for any collection. Since so few are remaining these days, there are more available in circulated condition and the scarcity and value skyrocket in higher grades. Now you can collect this anomaly Morgan Dollar in a fantastic VF/XF condition for an affordable price! This coin is potentially undervalued in this collector quality condition. Don't miss out on this opportunity to add an anomaly in the Morgan Dollar series to your collection today!
Highlights:
- Collector's VF/XF condition
- Struck at the New Orleans Mint
- Very few survived to this day
