1888 o silver dollar value

More than 12 million O Morgan dollars were minted. They began appearing mostly in the Western US in A second disbursement occurred through the mid- to late s. A veritable flood of O Morgan dollars hit the market from through

During , the Morgan Silver Dollar series saw at least one major variety, and that was the O doubled die obverse coin. Though not a significantly priced rarity like some doubled dies are known to be, the O doubled die Morgan Silver Dollar definitely garners the interest of VAM Leroy C. Van Allen and A. George Mallis followers and is often an inclusion in the more comprehensive Morgan Dollar coin sets. Though, as is the case with all non-regular-strike coins, an O doubled die obverse dollar is not a necessity to complete a basic Morgan Dollar date and mintmark set.

1888 o silver dollar value

E-mail Error message here! Password Hide Error message here! Remember me. Lost your password? Please enter your email address. You will receive a link to create a new password. Like many of its sister New Orleans issues, the O Morgan dribbled out of government storage and into the coin market in and into the s. Many more O silver dollars were released from a long-stored cache from a vault at the Philadelphia Mint in the early s. Striking and luster are often far below par, but it is possible to find an attractive example by taking some time to search. The strike can range from flat to sharp, with most coins showing weakness at the center observe and center reverse. Luster can be grainy to dull, but some can be found that are frosty and attractive. No proofs were produced since this was a branch mint. We like MS although the date should be cherrypicked for strength of strike and lively, frosty luster if you want the search to be worth your time. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.

Only the highest points should exhibit wear. There may be several scattered marks, but none that are particularly heavy. Proof examples of Morgan Dollars from all years, includingare rare which makes them expensive.

Between and , the Philadelphia Mint released a ton of O Morgan Dollars from a sealed vault. It is unknown but believed that somewhere between , and millions was released from the Philadelphia Mint, with some collectors and investors examining many sealed bags amounting to tens of thousands of Mint State coins, and some challenging this amount and believing the coins were much less available. It was believed that many of these coins were lower grades with a soft strike. The O Morgan Dollar is available in most grades, and cherrypicking is highly advised to ensure that you find a specimen that meets your needs, has a sharp strike and is attractive overall. The O Morgan Silver Dollar ranges from a weak to sharp strike, and with a luster that is typically average to dull.

The dollar coins produced in were the tenth mintage in the series known as Morgan dollars. Their nickname comes from the man who designed them, George T. The coins were first created as a result of campaigning by the mining industry. The powerful mine owners wanted a secure market for their wares. They lobbied for the Mint to be required to buy any silver that was presented to it at a set price.

1888 o silver dollar value

The Morgan silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins. Total Weight: The US minted the silver dollar with no mint mark and also the O silver dollar and S silver dollar.

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An MS60 coin has never circulated, but will have significant marks that detract from eye appeal. Stack's Bowers Record. We run rare coin auctions and will find your treasured coin a home where it will be valued. Slight wear will be seen on Liberty's cheek and high points of the hair. The Morgan Dollar series is very popular among collectors. Categories Classic Rare Coins. There must be strands of hair still visible over the ear to qualify for a VF grade. Contact us today to sell your coin! However, collector interest can vary from one auction to another, even for virtually identical coins. A veritable flood of O Morgan dollars hit the market from through Estimates of the number of Os released range from hundreds of thousands to more than a million. This coin represents a small piece of American history. A second disbursement occurred through the mid- to late s.

Market estimates never seem to match retail prices.

History, Information, and Value of Morgan Dollar. It is easily found in MS The O Morgan dollar is a typical common date mintage in all circulated grades. The S Morgan Dollar is the only real semi-key coin from the year, not counting the proof Morgan Dollar, which is not usually a coin that collectors include within date-and-mintmark sets. Statistics are for Mint State coins only. The cotton boll will retain nearly all of its original detail. On the reverse, the feathers will be worn away from the eagle's breast except at the very top. Other Metals. Only the highest points should exhibit wear. All major details will still be fully visible. Add To My Collection. More than 12 million O Morgan dollars were minted. Coin Dealers.