History, Information, and Value of 1887/6 Morgan Dollar
Value of 1887/6-O Morgan Silver Dollar
At the Philadelphia Mint in the latter part of 1886 or early 1887, when 1887-O Morgan Silver Dollar dies were being prepared, a number of 1886 dies were partially resurfaced and then punched with 1887 dates, creating overdates now known among 1887 and 1887-O $1 coins. The 1887/6-O overdate was discovered by professional numismatist Bob Riethe in 1972, a year after Ted F. Clark’s discovery of the Philadelphia version. Little attention was paid to the 1887/6-O in the early years, but beginning with the dissemination of information from the Van Allen-Mallis book, and, more recently, the Fivaz-Stanton guide, interest has increased sharply.
The overdate is not as sharp as the 1887/6 Philadelphia coins, and in later states is very faint and quite difficult to immediately discern. The best advice for the collector is to seek an early die impression of higher quality. Proofs were not produced at this branch mint.
Be Careful to Look for the Details and Make Sure Yours is Authentic: Cherrypicker alert: this date can be found in circulated grades but the overdate details fade more rapidly from this die than from that of its Philadelphia Mint overdate counterpart. Have your loupes on hand when viewing circulated 1887-O Morgans-who knows what you’ll find?
The Search May be Long, But The Coin Will Pay Off: Most grades are available with some patience. We like the MS-63 level as both affordable and physically sound. When looking for this date, be prepared to see many so-so Uncirculated coins before lighting on one with solid luster and a crisp strike-it’s worth the search.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1887; 1886.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar; O.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
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