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Inventory:
OUT OF STOCK
- Product ID: 3956
Due to the Pittman Act of 1918, many Morgans were melted for their 90% silver content. Depending on the year, it is difficult to find Morgans that have a condition that is close to uncirculated. The 1886-O is one of those hard to find years since most of them were either placed into circulation or melted for their silver content. The New Orleans Mint is known as one of the oldest structures in the US but its minting days are long past. Once the Morgan ceased production in 1904, the Old Mint was close behind in closing down itself. Since then, the New Orleans Mint has been used as an assay office, a storage facility, and a fallout shelter. Your 1886-O Morgan carries the "O" mint-mark on its reverse to signify where it was minted. This coin is in extra fine condition, a high grade for such a hard coin to find.