The iconic Morgan Dollar Silver Coin is one of the most sought-after bullion coins on the collectors’ market. Struck at multiple mints between the years 1878 and 1904, it was a popular coin in the American West due to its substantial design and high silver content. It grew rarer over the decades as the wear of circulation took its toll and as many coins were melted down for their silver. Morgan dollars with the quality of an uncirculated coin are especially rare, and some of the rarest of all are coins struck at the Philadelphia Mint in 1886, which have an estimated surviving supply of only 19,000. Provident Metals now offers the 1886 Morgan Dollar Silver Coin for online purchase.
The 1886 Morgan Dollar Silver Coin comes in a secure plastic slab with a label to verify its PCGS-certified grade of Mint State 63. That grade identifies an average strike with moderate marks or hairline scratches. Each shipment is fully insured by Provident Metals against even the most remote chance of loss or damage en route.
The obverse field features Lady Liberty in a profile effigy, wearing a Phrygian “slave cap” that symbolizes freedom. This is accompanied by the lettering “E PLURIBUS UNUM” and “1886,” with thirteen decorative stars at the rim representing each of the Union’s founding states.
The reverse field shows a heraldic eagle clutching a bundle of arrows and an olive branch, along with the lettering “UNITED STATES OF AMERICA,” “ONE DOLLAR,” and “IN GOD WE TRUST.”
The Morgan Dollar Silver Coin was the result of a long legislative struggle over the status of silver coinage, which eventually resulted in laws requiring the Treasury to purchase and strike into coinage specific amounts of silver every year. In response to those laws, the U.S. Mint was compelled to urgently put a new silver dollar into production in the late 1870s, and the design came from then-Assistant Engraver George T. Mason. The coins that would bear his name went on to become important symbols of Americana and highly prized by collectors and investors.
Connect with Provident Metals to learn more about investing in bullion, or if you have questions about any of our listings. Call us today at 800-313-3315, send us an e-mail inquiry, or chat with us live online.
When the subtotal of your purchase, including applicable discounts, is $199 or more, you receive free shipping for your entire order. In order to receive free shipping on purchases of $199 or more, you must live within the 50 US states. For orders less than $199, a $9.95 shipping fee applies. All products are discreetly packaged and shipped with full insurance included.
Most Provident orders are shipped within one (1) business day of your payment clearing. Payments made via PayPal clear instantly. Bitcoin payments clear instantly once the transaction is confirmed. Credit Card and bank wire payments process within 1 business day. ACH and paper check payments take 3-5 business days. Once payments are processed, products are released to fulfillment for packaging and shipping.
All orders of $199 or more that are eligible for free shipping are, by default, shipped via a carrier of our choice (USPS or UPS). Depending on the contents and size of your purchase, you may be able to upgrade to a specific carrier during checkout.
For those orders of $999.99 or less, there is no need to sign for your package. However, you may select the option to require a signature at delivery if you want. This can be chosen and paid for at checkout. All orders of $1000 or more require a signature to complete delivery.
Provident is only able to ship to addresses in any of the 50 US states. This includes P.O. boxes and APO addresses.
|Designer (Obverse)||George T. Morgan|
|Designer (Reverse)||George T. Morgan|
|Product Series||Morgan Silver Dollar|
|Certificate of Authenticity||No|
|Packaging||PCGS Plastic Slab|
|Metal Content||.7734 Troy Ounce|
|Shipping||Orders over $199 Ship Free|
|Packaging Dimensions||3.5 x 2.5 x 0.5|