Its 750,000 San Francisco mintage was far and away the lowest for the date. That year, 11 million Morgans were struck at New Orleans and 20 million at Philadelphia. Today, comparatively few 1886-S BU Morgans remain. After melts and attrition, under 45,000 or 6% of the originial output may now survive in mint-state quality. Our Brilliant Uncirculated quality has nice original luster and no sign of wear (some bags marks are present, as is normal).