U.S. Morgan Silver Dollar 1885-P Brilliant Uncirculated

Was: $119.00
Now: $69.00
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SKU:
21523
Date:
1885
Mintmark:
Philadelphia
Grade:
Brilliant Uncirculated
Material:
90% Silver

Morgan silver dollar mintages steadily rose in the 1880s, when silver was still pouring out of the great Western mines. But unlike other coins of the day, many Morgan dollars were held in reserve at banks and issuing mints. Vast quantities of these Morgans were later lost in government melts, therefore original mintages can be deceiving in relation to the actual number now surviving for individual issues. Today as little as 6% of the original 17.8 million mintage of 1885 Philadelphia Morgans is estimated to survive in the beautiful Brilliant Uncirculated quality, which has nice original luster and no sign of wear (some bag marks are present, as is normal).