To find out how much an 1886 silver dollar is worth, look at the design and the mint stamp. As of 2015, look up the coin on a coin value website like CoinStudy.com or CoinValues.com. Keep in mind that coin value fluctuates greatly depending on its condition, and just because a coin has a given value does not guarantee that it will sell for that price.
A Morgan silver dollar is one that was minted in 1886. The mint mark for these silver dollars may be seen on the back of the coin, immediately above the word “Dollar,” near the bottom. The letter “S” denotes that the coin was produced in San Francisco. The letter “O” signifies that the coin was made in New Orleans. If the coin doesn’t contain a mint mark, it was produced in Philadelphia, as that mint didn’t use one.
At the good, fine, and extremely fine quality levels of the 1886 Morgan silver dollar, coins struck in San Francisco tend to be the most valuable. Uncirculated 1886 Morgan silver dollars, on the other hand, are the most valued. There must be no traces of circulation on an uncirculated coin. After a coin has been in circulation for a while, it loses its mint brilliance and the high points wear down.
The majority of 1886 Morgan silver dollars are worth between $10 and $30. Uncirculated coins have a substantially higher value, with an uncirculated 1886 Morgan silver dollar from New Orleans fetching upwards of $1,000.
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