As dealers, collectors and investors all know, Morgan and Peace silver dollars are extremely popular American coins because of their history, legends, and silver content.
Most 1886 proof Morgan dollars exhibit mirrored devices and fields, though a relatively large number – but fewer than half of the survivors – have cameo frosting. A few, perhaps a couple dozen, exhibit true DCAM quality with cameo devices and deep mirrored fields. Most of these 1886 Morgan dollar proofs are found in the PR60-64 range, though there are many Gem survivors and at least a few grading PR67 or higher.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
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