1886-O $1 MS (PCGS# 7168)

The August 2013 Chicago ANA World's Fair of Money

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    2623
  • Grade:
    MS64
  • Price:
    $11,750.00
Lot Description
1886-O Morgan Silver Dollar. MS-64 (PCGS). 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.
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