1886-O $1 MS (PCGS# 7168)
The August 2013 Chicago ANA World's Fair of Money
Lot Number: 2623
View the Original Auction
The mostly brilliant surfaces display frosty luster and blushes and splashes of dappled gray and gold. Despite a generous mintage of more than 10 million pieces, it is thought that most coins were put into circulation at the time. Relatively few have survived at the present MS-64 grade level or higher. The 1886-O dollars is a very important Morgan dollar at the Choice Mint State level as here. The pricing structure of this particular date and mint is quite interesting to review in the <em>Guide Book of United States Coins,</em> or elsewhere. It demonstrates that even a tiny increase in a grade number results in a great increase in price. That said, this 1886-O will nicely satisfy a connoisseur who wants a truly remarkable coin but at a significantly lower cost than an MS-65 would require.