1886 Morgan Dollar (1886-P)


The 1886 Morgan Dollar USA (1886-P)

Morgan Silver Dollar dated 1886 and minted at the Philadelphia branch of the US Mint. There is no mint mark. The 1886-P is common due to the high quantity minted and easy to find.

The Obverse shows an image of Liberty, designed by George T Morgan. His initial 'M' is found on the truncation of the neck. The coin is named after the designer who at the time was United States Mint Assistant Engraver.

The edge is reeded.

The Reverse shows an eagle holding arrows and an olive branch, also designed by George T Morgan.

In 1886, Mint marks can be found above the DO in DOLLAR. If no mint mark is present then the mint is Philadelphia, but it may be S (San Francisco) or O (New Orleans).

Image credit: Mountain View Coins (via mycoinpictures.com)


Mintage: 19,963,000 (may include coins in sets)
Minted at US Mint - Philadelphia.
Remember 1886 ?
Monarch is Queen Victoria. Prime Minister is Robert Gascoyne-Cecil, 3rd Marquess of Salisbury (Conservative), then on 1st February it is William Ewart Gladstone (Liberal) then from 25th July is Robert Gascoyne-Cecil, 3rd Marquess of Salisbury (Conservative) again. US President is Grover Cleveland (D-New York), who marries Frances Folsom in the White House, the only president to marry in the executive mansion. First Crufts dog show held in London.
Category: Morgan Dollars

The Morgan Dollar was a USA silver coin minted from 1878 to 1904 and then again in 1921. It had a currency value of one US dollar. In 2021, a .999 Silver Morgan Dollar was released to mark the 100th anniversary of the last Morgan Dollar.

The name Morgan derives from the designer George T. Morgan (1845-1925). Morgan was originally from Birmingham, England, where he worked with William Wyon but moved to America in 1876 to become the assistant engraver at the US Mint. The image of Liberty was modelled by a Philadelphia school teacher named Anna Willess Williams.

Morgan later became Chief Engraver of the U.S.Mint from 1917 until 1925 and he is probably best known for the Morgan Dollar, although he designed many other coins too. You can see a small 'M' on the truncation of the neck.

The Morgan Dollar was brought about due to the Bland–Allison Act of 1878 and during the early days the coin was often referred to as the Bland Dollar (after Richard P. Bland who introduced the Bill), although some called it the buzzard dollar as they disliked the image of the eagle.

Specifications

  • Diameter: 38.1 mm
  • Thickness: 2.4 mm
  • Weight: 26.73 g
  • Edge: Reeded
  • Silver Content: 90% (Copper 10%)
In all, over 650 million Morgan Dollars were minted. They were made in five different mints:

  • Philadelphia (No mint mark, although modern coins use 'P')
  • New Orleans (Mint mark = 'O')
  • San Francisco (Mint mark = 'S')
  • Carson City (Mint mark = 'CC')
  • Denver (in 1921 only: Mint mark = 'D')

The Morgan Dollar remains a popular coin with collectors and investors.

We have a few articles on Morgan Dollars:

Which Mint: US Mint - Philadelphia
The United States Mint, Philadelphia was founded in 1792. It has a mint mark of 'P' although the early coins minted there do not carry a mint mark. The 'P' was added to most coins after 1980.
Country of Origin: United States of America
The United States of America (USA), commonly known as the United States (U.S.) or America, is a constitutional federal republic composed of 50 states. It's currency is the Dollar (USD $1) and that is equivalent to 100 cents.

The United States mints many famous coins in gold, silver and lesser metals. The USA has several Mints, such as Philadelphia, San Francisco, West Point (NY) and Denver.
If you don't see a coin in the list below try the Morgan Dollars page on eBay UK
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List items on:

1886 Morgan Silver Dollar AU About Uncirculated 1886-P $1 Coin US Coins Morgan
1886 Morgan Silver Dollar AU About Uncirculated 1886-P $1 Coin US Coins Morgan
£ 47.29
1886-P $1 Morgan Silver Dollar ANACS MS 61 | Uncirculated UNC
1886-P $1 Morgan Silver Dollar ANACS MS 61 | Uncirculated UNC
£ 79.67
1886-P Morgan Dollar MS65 PCGS
1886-P Morgan Dollar MS65 PCGS
£ 217.36
USA Morgan Dollar 1886 P America Liberty U.S. Silver coin [1247
USA Morgan Dollar 1886 P America Liberty U.S. Silver coin [1247
£ 104.33
1886 P Morgan Silver Dollar Lot #1
1886 P Morgan Silver Dollar Lot #1
£ 36.99
1886 P BU Roll (20 Coins) Morgan Silver Dollar PCGS MS63 in Blue PCGS Box
1886 P BU Roll (20 Coins) Morgan Silver Dollar PCGS MS63 in Blue PCGS Box
£ 1,102.59
1886 P Morgan Silver Dollar $1 AU About Uncirculated - Toned
1886 P Morgan Silver Dollar $1 AU About Uncirculated - Toned
£ 66.38
1886 P Morgan Silver Dollar White Beautiful Tone GEM BU
1886 P Morgan Silver Dollar White Beautiful Tone GEM BU
£ 68.28

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