This is a fully struck Morgan dollar with brilliant satin to semi-reflective surfaces. The 1886-S was produced to the extent of just 750,000 pieces, the lowest mintage among San Francisco Mint Morgan dollars up to that point in time. While thousands of examples were likely melted under the 1918 Pittman Act provisions, enough pieces dribbled out of government storage beginning in the 1920s and continuing at least until the 1950s that the 1886-S is now in the scarce, not rare category. Gems are difficult to locate, however, as most survivors grade no finer than MS-64. Nearly in the MS-66 category, the present example would make an impressive addition to an advanced Morgan dollar set.,PCGS# 7170. NGC ID: 254X.,PCGS Population: 11; 51 finer in this category (MS-67 finest).,