The 1886-P Morgan Silver Dollar, even in AU (Almost Uncirculated) condition and showing signs of common cleaning, remains a highly desirable piece of American history. Here’s why this coin can still be a valuable addition to your collection:
Historical Significance:
The Morgan Dollar represents a golden era in American coinage, minted during the time of rapid industrialization and economic expansion following the Civil War. The 1886-P Morgan Dollar, struck at the Philadelphia Mint, was part of the massive production of silver dollars that symbolized America's economic strength and confidence in its growing silver reserves.
Philadelphia, as the oldest and primary U.S. mint, produced some of the best-quality Morgan Dollars, and coins from this mint are known for their sharp detail and superior craftsmanship. The **1886 issue** falls in the heart of the Morgan Dollar series, capturing the economic optimism of the late 19th century when these coins were used in everyday trade and commerce.
Rarity:
While the 1886-P Morgan Dollar had a high mintage of 19.9 million, its rarity in AU condition is affected by the fact that many of these coins saw heavy circulation, reducing the number of higher-grade survivors. That said, a coin that has been **commonly cleaned** is still valued for its historical importance and overall detail preservation, even though the cleaning may affect its luster and surface quality.
Collectors know that cleaned coins have been altered in appearance, but in AU condition, much of the coin's original design and detail is still present. The cleaning typically lowers the market value slightly, but the coin remains an excellent representation of the Morgan Dollar's legacy.
Estimated Market Value:
An 1886-P Morgan Dollar in AU condition that has been cleaned generally carries an estimated market value of $45 to $60. The cleaning does reduce the price compared to an untouched AU example, but this coin still holds significant value due to its grade and historical context. This makes it an affordable option for collectors who want a higher-grade Morgan Dollar at a lower price point.
Investment Potential:
While a cleaned coin may not appreciate in value as much as a pristine example, the 1886-P Morgan Dollar in AU condition still offers solid investment potential. Over time, even cleaned coins can increase in value, particularly as collectors continue to seek out well-preserved examples of Morgan Dollars. The demand for these coins is steady, and owning one in AU condition ensures you have a piece of history that remains appealing to many numismatists.
Why This Coin?
Even with signs of cleaning, an 1886-P Morgan Dollar in AU condition is a great way to own a piece of American history without paying the premium for an untouched coin. You still get the intricate detail and strong visual appeal that makes the Morgan Dollar so beloved by collectors. The fact that it has been cleaned simply gives you an opportunity to own a high-grade, attractive coin at a more affordable price.
With its historical importance, remaining collectible appeal, and accessible price point, the 1886-P Morgan Dollar in cleaned AU condition is perfect for collectors who want to experience the charm of the Morgan Dollar series without overspending. It’s a coin that tells the story of America’s past, and it’s ready to be part of your collection.
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Shipping / Handling Cost | Cost For Each Additional Item | Service |
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$10.60 | $0.00 | USPS Priority Mail Padded Rate Envelope (2 to 3 business days) |