1886-O MORGAN SILVER DOLLARMS 64 BLAST WHITEIn 1886 the New Orleans Mint struck silver dollars exclusively. With a mintage totaling over 10.7 million coins, one would not expect the 1886-O Morgan dollar to be a great rarity today. However, many original bags of this date suffered their fate in the melting pots in the Pittman Act of 1918. It?s thought that around two to four million 1886-O Morgans were placed into circulation and saw commercial use, but as many as six to eight million pieces went to the melting pot under the terms of the Pittman Act. Examples available today are those which were released at the time they were struck. This makes any uncirculated example a rarity and elusive in Mint State compared to most other dates in the series, and it is virtually uncollectible finer than this beautiful blast white PCGS MS 64 specimen.
Morgan Silver Dollars are America's most collected coin, with a rich history that was born out of the old Wild West. These big, beautiful silver dollars conjure up images of cowboys and salon poker games, outlaws and stage coach robberies, casino slot machines and honkytonks of the past. Born out of the rich silver mines of Nevada that turned small mining camps into large bustling cities full of promise and entrepreneurial enterprise. Today, Morgan Dollars are among the most colorful and treasured relics of the old American West. Morgan dollars were minted from 1878 to 1904, and once again in 1921 before retiring as America's most popular coin.