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1880 S And 1886 Morgan Dollars

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New Member

United States
26 Posts
 Posted 08/06/2014  2:49 pm Show Profile   Bookmark this topic Add SilverBeagle to your friends list Get a Link to this Message Number of Subscribers
New to the forum. Recently inherited a collection of gold/silver coins, was able to figure out a condition and value for most of them, but not sure what to make of these two. They were inside a safe in thick plastic holders (but not graded), where they've sat for about 30+ years... They were marked "1880 S GEM B.U" and "1886 PROOF", any help would be appreciated.


1880-S-And-1886-Morgan-Dollars

1880-S-And-1886-Morgan-Dollars

1880-S-And-1886-Morgan-Dollars

1880-S-And-1886-Morgan-Dollars


1880-S-And-1886-Morgan-Dollars

(Tried to take one side by side to show toning and "frost", didn't quite turn out like I thought.) IMO the pics don't do the coins justice but should be good enough, if more detail is needed I can try again.
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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 08/06/2014  3:45 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
First off, welcome.

The 1886 does look like a proof, of which only 886 were struck. I cringe to see it casually lying around as it is in these photos. If it is a proof, it's a four (if not five) figure value coin and you need be extraordinarily careful handling it. I mean white cotton gloves by the edges only and away from hard objects careful. The 1880-S looks to be an extremely nice specimen, but will be worth nowhere near what the 1886 is (again, if the latter actually is a proof).

Edit: Also, whatever you do, don't wipe either coin off with anything, even the seemingly softest cloth.
Colligo ergo sum
Edited by Lucky Cuss
08/06/2014 3:52 pm
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968 Posts
 Posted 08/06/2014  3:52 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
Hmm, where to start.

The '80-S looks prooflike, at the least, and somewhere around a 64 or 65.

The '86 is a stunner. I agree that has a great shot at being a proof, but I'd need better pics to say for sure. At any rate, both coins are worth slabbing. If the '86 isn't a proof, it looks to be a high-grade DMPL (I'm thinking 66?) and still worth well north of a thousand dollars.

Long story short, get them graded. Many dealers can have them graded for you, or perhaps somebody here will allow you to submit on their membership. Otherwise, you can purchase your own membership and submit them. There may be a few other coins in your newly inherited collection worth sending in.
New Member
United States
26 Posts
 Posted 08/06/2014  4:24 pm  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
Guss, don't worry the coin is very well protected, I wanted to say it was "slabbed" but I'm not sure if that implies it has a grade, anyway it stays in a heavy duty coin case. I was pretty much terrified taking it out for pictures, I used gloves and carefully placed on a small microfiber towel, I can see how in the pictures it looks like I just keep them sitting on my dresser, lol.
New Member
United States
26 Posts
 Posted 08/06/2014  4:29 pm  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
In any case GREAT news, thanks and if it is indeed a proof what grade would you assume? I believe I saw a 1886 pr67 in an auction go for very near $20,000, I'm far from an expert but I really think I have something with these
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 Posted 08/06/2014  4:33 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
Impossible to grade a proof without better pics, the reality is a couple scattered hairlines can be the difference between a 66 and a 62.
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 08/06/2014  4:49 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Both appear to be worthy of having slabbed by PCGS or NGC. I would really like to see some better photos of each though. Compare that '86 to the following link to see if your coin has the die markers of the proof dies. http://www.vamworld.com/1886-P+VAM-15
Edited by dave700x
08/06/2014 4:51 pm
New Member
United States
26 Posts
 Posted 08/06/2014  8:57 pm  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
Thanks for the link Dave, and I will get some better pictures before I send them off. I'm looking at the coin under 16X magnification to compare to the link.

The pictures on VAM show very distinct marks around the date (small dash by the 1, marks touching parts of both 8s, a very odd looking 6), the "ATES" in states are imperfect, there is a dash through the E and two very noticeable ones through the T.

It took some careful, eye-straining examination, but my coin very clearly has all of these marks in the exact places they should be. I will upload some better pictures ASAP, but if I am correct about every "1886-P VAM-15 Proof Doubled 18-6, Dash 8" being there, does that mean it is a proof?

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 Posted 08/06/2014  9:04 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
it means you probably do have a proof, yes. Don't get too excited until it gets certified, though.
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 08/06/2014  9:13 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
At first I thought a really dog-gone well-struck and designed fake, but I can't really decide...

They both appear to grade MS-65 (or more) DMPL or, if they are a proof, PR-65 (or more). Best of luck.
New Member
United States
26 Posts
 Posted 08/07/2014  12:14 am  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
These images should be a little better of the 86. I can't post it with the resolution any higher, if there is a way to do this please let me know.

I didn't want to take it out of the holder for these but they are better than before. As you can see there is a lot of glare and you can actually see the camera lens reflected in the coin, there has to be a trick to getting the good photos.

There are tiny tiny white spots on the coin I was hoping to show to see how they affect the grade.

In any case, I am going to have them graded and hope for the best. First I want some better photos of both coins so any advice on doing this is appreciated.

1880-S-And-1886-Morgan-Dollars

1880-S-And-1886-Morgan-Dollars
New Member
United States
26 Posts
 Posted 08/07/2014  12:25 am  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
Now that I post them they're not much better at all, the glare makes the coin look messed up. if I work up the nerve to take em out of the case again I'll try again.
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 Posted 08/07/2014  12:56 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list Get a Link to this Reply
That '86 is definitely a proof. Cool find!

PCGS offers a conservation service, they can look at the coin and make a decision as to if they'll do anything to it for you, if you request it. Might be worth it to see what they can do. I'm sure it's not cheap, the fee schedule is probably on their website somewhere.

Also, where are you located? Maybe we can refer you to a dealer that can help you out.
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 08/07/2014  11:20 am  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
I don't know if you're aware, but depending on what the coin grades, it could be worth over $4 to $5 grand.

Most proof Morgans I see don't have such a nice cameo look to them, and yours is very clean and frosty. I wish you the best.
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ASEnut's Avatar
South Africa
453 Posts
 Posted 08/07/2014  11:50 am  Show Profile   Bookmark this reply Add ASEnut to your friends list Get a Link to this Reply
My mouth is watering oh my such art wow!
New Member
United States
26 Posts
 Posted 08/07/2014  1:42 pm  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply
I'm aware of the (possible) value now. I'm still deciding on options but will definitely have it graded by NGC or PCGS,

I'd like to send it off myself, I'm thinking NGC with the professional photo option, and possibly the conservation service for the '86. If they can get rid of the small white spots I would be VERY happy, my understanding is they come from small amounts of moisture getting on the coin, I would think there's something they can do.

The PCGS site says they don't have a conservation service, thus NGC, and personally I think the NGC slabs just look better. I realize all this will be costly but I think it's worth it for this coin.
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