1886 $1 Morgan Silver Dollar NGC MS67

Here's a common-date Morgan dollar in a superior grade at an affordable price! This piece would be perfect as a type coin to add to your collection. NGC has graded 978 as MS67 with 133 finer.

Artist-engraver George T. Morgan, who designed the iconic imagery on the coin series that carries his name.

David Bowers writes, "Record breaking: The coinage of 19,963,000 circulation strike silver dollars at the Philadelphia Mint in 1886 broke all previous production records for the denomination. However, in the following year, 1887, the Philadelphia Mint would go on to still another high.

President no fan of dollars: President Grover Cleveland stated the following (as quoted by Chester West in "Chester West Tells It As It Is-Of Federal and State Government Regulations," in The Comprehensive U. S. Silver Dollar Encyclopedia):

Last year we spent 23 million dollars plus labor and storage for silver dollars that no one wants. Now we have 247 million of them. This gamble on a silver price increase is a bust. In the beginning, when we bought the silver, the dollar content was 94.5 cents. On the 31st day of July 1886, silver dropped to its lowest price. Now these things are only worth 78 cents."