1886 MORGAN SILVER DOLLAR NGC BU G.T. MORGAN LABEL

$60.81

SILVER DOLLARS

SKU: SDMO1886NBUGTM Categories: , , , Tag:

Description

The 1886 Morgan Silver Dollar encapsulates a pivotal moment in American history and numismatics. Here’s an overview of its significance:

Date and Mint Mark:

  • Minted in 1886, this coin bears the “O” mint mark, signifying its origin at the New Orleans Mint.

Design:

  • The obverse features a left-facing profile of Lady Liberty, wearing a Phrygian cap symbolizing freedom. Encircling her are the inscriptions “E PLURIBUS UNUM” and the year of mintage, “1886.”
  • On the reverse side, an eagle clasping arrows and an olive branch is depicted, representing America’s readiness for war and desire for peace, respectively. Above the eagle is the national motto, “IN GOD WE TRUST,” while “UNITED STATES OF AMERICA” and “ONE DOLLAR” appear around the periphery.

NGC Grading and G.T. Morgan Label:

  • Certified by NGC as Brilliant Uncirculated (BU), this coin showcases sharp details and original mint luster. NGC’s grading process ensures authenticity and quality.
  • The G.T. Morgan Label pays homage to George T. Morgan, the coin’s designer, adding numismatic appeal and historical significance.

Numismatic Value:

  • The 1886 Morgan Silver Dollar holds significant numismatic value, especially in BU condition. Coins in this state exhibit pristine surfaces and well-defined features, making them highly desirable to collectors.
  • As a product of the New Orleans Mint, which ceased operations in 1909, coins from this mint carry added historical significance and collector appeal.

Investment Potential:

  • Beyond its numismatic value, the 1886 Morgan Silver Dollar serves as a tangible asset with potential investment benefits. Coins certified by NGC as BU with the G.T. Morgan Label are sought after by collectors and investors alike.
  • Over time, coins of exceptional quality have the potential to appreciate in value, making them attractive additions to investment portfolios.

Historical Significance:

  • The 1886 Morgan Silver Dollar reflects the economic prosperity and industrial growth of post-Civil War America. Its design, created by George T. Morgan, symbolizes the nation’s resilience and progress during this period.
  • As a piece of American history, the coin provides a tangible connection to the past and serves as a reminder of the country’s numismatic heritage.

Conclusion: The 1886 Morgan Silver Dollar NGC BU with G.T. Morgan Label represents not only a valuable collectible but also a piece of American history. Its association with George T. Morgan and the New Orleans Mint, coupled with its exquisite design and NGC certification, ensures its enduring appeal among numismatists and investors.

Additional information

weight

0.77344 oz