1888 o silver dollar value

Duringthe Morgan Silver Dollar series saw at least one major variety, and that was the O doubled die obverse coin.

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 Unlike the famous Treasury vault disgorgements at the same time, these came from the vaults at the Philadelphia Mint. Estimates of the number of Os released range from hundreds of thousands to more than a million. The O Morgan dollar is a typical common date mintage in all circulated grades.

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. The Morgan Dollar series is very popular among collectors.

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.

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. This coin is plentiful, but is also a valuable coin in the Morgan Dollar series, as it is possible to find very attractive specimens that are sharply struck.

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. The mint mark, when present, can be found on the reverse side of the coin below the wreath. This coin in circulated condition is worth at least its weight in silver. There were only proof coins minted.

1888 o silver dollar value

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. The Bland-Allison Act was passed in and obliged the Mint to buy a set quantity of silver every month. The result of this was the production of huge numbers of Morgan dollars every year. And they continued to be minted annually until

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Remember me Forgot your password? The O Morgan Silver Dollar worth depends on what you are looking for in your coin collection. More than 12 million O Morgan dollars were minted. Overall the coin will have exceptional eye appeal and crisp relief details. Enter Password Confirm Password. While "negligence" would be too harsh a word, the mint's inattention to detail did have the happy side effect of creating two spectacular error rarities: The "Hot Lips" DDO, and the "Scarface" O Morgan dollars. Canadian Coins. Heavy Circ. Mint State grades up to MS64 are also common. Coin Dealer Directory. The very tip of the right wingtip may show wear. The right wingtip will show light wear. 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. It will have numerous marks and abrasions, especially distracting ones across Lady Liberty's face. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices.

Market estimates never seem to match retail prices. Why is that? Retail pricing considers market rates, historical sales data, inventory levels, competitive analysis, the cost to acquire the coin, expert research by trained numismatists, and much more.

The O Morgan Silver Dollar worth depends on what you are looking for in your coin collection. Nonetheless, the relief details of the coin are not worn away, meaning it will grade as Mint State. You will receive a link to create a new password. Monster Boxes. 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. Coin Info Melt Value. Morgan Diameter: Edges of the leaves will show light wear. The very tip of the right wingtip may show wear. Given the growing prevalence of counterfeit silver dollars on the market, it is usually best to buy any of the scarcer coins as slabbed. It was believed that many of these coins were lower grades with a soft strike. Any abrasions and scratches will be small and not distract from the rest of the design.