1886-S Morgan Dollar Value
A 1886-S Morgan Dollar is worth roughly $53.00 to $2,470 depending on its condition, and its metal content alone is worth $28.23 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1886-S Morgan Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $53.00 to $77.50 |
| Very Good (VG-8) | $67.00 to $99.00 |
| Fine (F-12) | $86.50 to $127 |
| Very Fine (VF-20) | $120 to $176 |
| Extremely Fine (XF-40) | $180 to $265 |
| About Uncirculated (AU-50) | $264 to $388 |
| Mint State (MS-60) | $408 to $600 |
| Choice Unc (MS-63) | $720 to $1,059 |
| Gem Unc (MS-65) | $1,680 to $2,470 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
How much is a 1886-S Morgan Dollar worth today?
Start with $53.00 for a heavily circulated 1886-S Morgan Dollar and work upward. Lightly circulated 1886 examples occupy the middle of the range, while true gems approach $2,470. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.
1886-S Morgan Dollar specifications
- Series
- Morgan Dollar
- Year
- 1886
- Mint mark
- S
- Mintage
- 750,000
- Composition
- 90% silver, 10% copper
- Weight
- 26.73 g
- Diameter
- 38.1 mm
- Edge
- Reeded
- Designer
- George T. Morgan
- Silver content
- 0.77344 troy oz
Mintage figure: US Mint reports (approximate).
Where is the mint mark on a 1886 Morgan Dollar?
To confirm your 1886 coin is the San Francisco issue, find the small "S". On the reverse, just below the wreath bow and above the letters DO in DOLLAR The mark is small, so tilt the coin under a light if it is not obvious.
The value drivers behind this coin
Silver content matters for the 1886-S Morgan Dollar: 0.7734 oz per coin, valued at $28.23 right now. The melt floor moves daily with the metals market and sets the minimum any dealer will pay.
At 750,000 struck, this is a better date: not a legendary rarity, but clearly harder to locate than the common issues, especially with sharp detail and original surfaces.
Context adds the final layer to the 1886-S Morgan Dollar. The Pittman Act of 1918 melted over 270 million pieces, reshaping the rarity of several dates overnight. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1886-S Morgan Dollar is valued between $53.00 and $2,470 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.